Common use of Salary Continuation During Disability Clause in Contracts

Salary Continuation During Disability. If the Executive for any reason (except as expressly provided below) becomes temporarily or permanently disabled so that he is unable to perform the duties under this Agreement, the Executive shall be paid the base salary otherwise payable to Executive pursuant to paragraph 9 of this Agreement, reduced by the amounts received by the Executive from state disability insurance, or worker's compensation or other similar insurance benefits through policies provided by the Bank or BCH, for a period of six (6) months from the date of disability. For purposes of this paragraph 10, “disability” shall be defined as provided in the Bank's or BCH’s disability insurance program.

Appears in 8 contracts

Samples: General Release Agreement (Bridge Capital Holdings), General Release Agreement (Bridge Capital Holdings), General Release Agreement (Bridge Capital Holdings)

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Salary Continuation During Disability. If the Executive for any reason (except as expressly provided below) becomes temporarily or permanently disabled so that he is unable to perform the duties under this Agreement, the Executive shall be paid the base salary otherwise payable to Executive pursuant to paragraph 9 of this Agreement, reduced by the amounts received by the Executive from state disability insurance, or worker's compensation or other similar insurance benefits through policies provided by the Bank or BCH, for a period of six (6) months from the date of disability. For purposes of this paragraph 10, "disability" shall be defined as provided in the Bank's or BCH’s 's disability insurance program.

Appears in 4 contracts

Samples: Employment Agreement (Bridge Capital Holdings), Employment Agreement (Bridge Capital Holdings), Employment Agreement (Bridge Capital Holdings)

Salary Continuation During Disability. If the Executive for any reason (except as expressly provided below) becomes temporarily or permanently disabled so that he she is unable to perform the duties under this Agreement, the Executive shall be paid the base salary otherwise payable to Executive pursuant to paragraph 9 of this Agreement, reduced by the amounts received by the Executive from state disability insurance, or worker's compensation or other similar insurance benefits through policies provided by the Bank or BCH, for a period of six (6) months from the date of disability. For purposes of this paragraph 10, “disability” shall be defined as provided in the Bank's or BCH’s disability insurance program.

Appears in 1 contract

Samples: Employment Agreement (Bridge Capital Holdings)

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Salary Continuation During Disability. If the Executive for any reason (except as expressly provided below) becomes temporarily or permanently disabled so that he she is unable to perform the duties under this Agreement, the Executive shall be paid the base salary otherwise payable to Executive pursuant to paragraph 9 of this Agreement, reduced by the amounts received by the Executive from state disability insurance, or worker's ’s compensation or other similar insurance benefits through policies provided by the Bank or BCH, for a period of six (6) months from the date of disability. For purposes of this paragraph 10, “disability” shall be defined as provided in the Bank's ’s or BCH’s disability insurance program.

Appears in 1 contract

Samples: General Release Agreement (Bridge Capital Holdings)

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