Common use of Payments Upon Disability Clause in Contracts

Payments Upon Disability. If at any time during the term of this Agreement, in the opinion of a physician mutually agreeable to the Company and the Executive, the Executive shall be determined to be unable to render services hereunder due to physical or mental illness or accident, in addition to all other benefits to which he or his personal representatives may be entitled, the Executive shall be entitled to receive all benefits payable to him under the Bank's long-term disability income plan. Upon termination due to disability as provided in Section 7(b) hereof, Executive shall be entitled to benefits under the Company's policy of disability insurance until Executive attains age 65 or, if earlier, until he is no longer disabled, which benefits shall not be less favorable then the benefits available under the policy in effect on the date of this Agreement or the Company shall make up any shortfall. Executive shall also be entitled to receive the health insurance benefits described on Exhibit A during the period he is receiving disability payments.