Salary During Disability. During any period that the Executive fails to perform his duties hereunder as a result of incapacity due to physical or mental illness ("disability period") , the Executive shall continue to receive his full salary, benefits and other compensation at the rate then in effect for such period until his employment is terminated pursuant to Section 5(b) hereof, provided that payments so made to the Executive during the first 180 days of the disability period shall be reduced by the sum of the amounts, if any, payable to the Executive at or prior to the time of any such payment under disability benefit plans of the Company and which were not previously applied to reduce any such payment."
Appears in 4 contracts
Samples: Employment Agreement (Dixon Ticonderoga Co), Employment Agreement (Dixon Ticonderoga Co), Employment Agreement (Dixon Ticonderoga Co)
