Common use of RIGHTS AND OBLIGATIONS DURING DISABILITY Clause in Contracts

RIGHTS AND OBLIGATIONS DURING DISABILITY. During any period that you fail to perform your duties hereunder as a result of incapacity due to physical or mental illness, you shall continue to receive your full base salary at the rate then in effect, and any time of service for vesting purposes under any plan shall continue to accrue during such period of incapacity until and if your employment is terminated pursuant to Section 6.2 hereof (and for any longer period as may be provided under applicable plans).

Appears in 9 contracts

Samples: Executive Employment Agreement (Spirit of Texas Bancshares, Inc.), Executive Employment Agreement (Spirit of Texas Bancshares, Inc.), Executive Employment Agreement (Spirit of Texas Bancshares, Inc.)

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RIGHTS AND OBLIGATIONS DURING DISABILITY. During any period that you fail to perform your duties hereunder as a result of incapacity due to physical or mental illness, you shall continue to receive your full base salary at the rate then in effect, and any time of service for vesting purposes under any plan shall continue to accrue during such period of incapacity until and if your employment is terminated pursuant to Section 6.2 section 4(i) hereof (and for any longer period as may be provided under applicable plans).

Appears in 5 contracts

Samples: Employment Agreement (Encore Bancshares Inc), Employment Agreement (Encore Bancshares Inc), Employment Agreement (Encore Bancshares Inc)

RIGHTS AND OBLIGATIONS DURING DISABILITY. During any period that you fail to perform your duties hereunder as a result of incapacity due to physical or mental illness, you shall continue to receive your full base salary at the rate then in effecteffect to be payable in accordance with the Employing Entity’s normal payroll practices, and any time of service for vesting purposes under any plan shall continue to accrue during such period of incapacity until and if your employment is terminated pursuant to Section 6.2 section 4(i) hereof (and for any longer period as may be provided under applicable plans).

Appears in 4 contracts

Samples: Change in Control Agreement (Encore Bancshares Inc), Change in Control Agreement (Encore Bancshares Inc), Change in Control Agreement (Encore Bancshares Inc)

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RIGHTS AND OBLIGATIONS DURING DISABILITY. During any period that you fail to perform your duties hereunder as a result of incapacity due to physical or mental illness, you shall continue to receive your full base salary Base Salary at the rate then in effect, and any time of service for vesting purposes under any plan shall continue to accrue during such period of incapacity until and if your employment is terminated pursuant to Section 6.2 hereof (and for any longer period as may be provided under applicable plans).

Appears in 2 contracts

Samples: Executive Employment Agreement (Spirit of Texas Bancshares, Inc.), Executive Employment Agreement (Spirit of Texas Bancshares, Inc.)

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