Common use of Secondary Disability Benefits Clause in Contracts

Secondary Disability Benefits. The Bank shall pay to the ------------------------------- Executive a monthly disability benefit equal to sixty (60) percent of his monthly salary at the time he became disabled. Payment of such disability benefit shall commence on the last day of the month following the month for which the final payment under paragraph 7(a) was made and cease with the earlier of (i) the payment for the month in which the Executive dies or (ii) the payment for the month preceding the month in which occurs Executive's normal retirement date under the Bank's pension plan.

Secondary Disability Benefits. The Bank shall pay to the ------------------------------- ----------------------------- Executive a monthly disability benefit equal to sixty (60) percent of his monthly salary at the time he became disabled. Payment of such disability benefit shall commence on the last day of the month following the month for which the final payment under paragraph 7(a) was made and cease with the earlier of (i) the payment for the month in which the Executive dies or (ii) the payment for the month preceding the month in which occurs Executive's normal retirement date under the Bank's pension plan.

Secondary Disability Benefits. The Bank shall pay to -------------------------------- the ------------------------------- Executive a monthly disability benefit equal to sixty (60) percent of his monthly salary at the time he became disabled. Payment of such disability benefit shall commence on the last day of the month following the month for which the final payment under paragraph 7(a) was made and cease with the earlier of (i) the payment for the month in which the Executive dies or (ii) the payment for the month preceding the month in which occurs Executive's normal retirement date under the Bank's pension plan.

Secondary Disability Benefits. The Bank shall pay to the ------------------------------- Executive a monthly disability benefit equal to sixty (60) percent of his monthly salary at the time he became disabled. Payment of such disability benefit shall commence on the last day of the month following the month for which the final payment under paragraph 7(a) was made and cease with the earlier of (i) the payment for the month in which the Executive dies or (ii) the payment for the month preceding the month in which occurs Executive's ’s normal retirement date under the Bank's ’s pension plan.

Secondary Disability Benefits. The Bank shall pay to the ------------------------------- Executive a monthly disability benefit equal to sixty percent (60%) percent of his monthly salary at the time he became disabled. Payment of such disability benefit shall commence on the last day of the month following the month for which the final payment under paragraph 7(a) was made and cease with the earlier of (i) the payment for the month in which the Executive dies or (ii) the payment for the month preceding the month in which occurs Executive's normal retirement ’s 65th Birthday or (iii) the payment for the month immediately preceding the date under the Bank's pension planExecutive is no longer disabled.