Termination Because of Disability. If the Executive’s employment terminates because of disability, the Executive shall receive Base Salary through the date on which termination becomes effective, any unpaid bonus or incentive compensation due to the Executive for the calendar year preceding the calendar year in which termination becomes effective, any payments the Executive is eligible to receive under any disability insurance program in which the Executive participates, such other benefits to which the Executive may be entitled under the Employer’s benefit plans, policies, and agreements, and any benefits provided for elsewhere in this Agreement.
Appears in 5 contracts
Samples: Amended Employment Agreement (First Reliance Bancshares Inc), Amended Employment Agreement (First Reliance Bancshares Inc), Amended Employment Agreement (First Reliance Bancshares Inc)
Termination Because of Disability. If the Executive’s employment terminates because of disability, the Executive shall receive the Base Salary earned through the date on which termination becomes effective, any unpaid bonus or incentive compensation due to the Executive for the calendar year preceding the calendar year in which termination becomes effective, any payments the Executive is eligible to receive under any disability insurance program in which the Executive participates, such other benefits to which the Executive may be entitled under the Employer’s benefit plans, policies, and agreements, and any benefits provided for elsewhere in this Agreement.
Appears in 1 contract
Samples: Employment Agreement (First Reliance Bancshares Inc)
Termination Because of Disability. If the Executive’s employment terminates because of disability, the Executive shall receive Base Salary the salary earned through the date on which termination becomes effective, any unpaid bonus or incentive compensation due to the Executive for the calendar year preceding the calendar year in which the termination becomes effective, any payments the Executive is eligible to receive under any disability insurance program in which the Executive participates, and such other benefits to which the Executive he may be entitled under the Employer’s benefit plans, policies, and agreements, and any benefits provided for elsewhere in this Agreement.
Appears in 1 contract
Samples: Employment Agreement (Southern Community Financial Corp)
Termination Because of Disability. If the Executive’s employment terminates because of disability, the Executive shall receive Base Salary the salary earned through the date on which termination becomes became effective, any unpaid bonus or incentive compensation due to the Executive for the calendar year preceding the calendar year in which the termination becomes became effective, any payments the Executive is eligible to receive under any disability insurance program in which the Executive participates, such other benefits to which the Executive may be entitled under the Employer’s benefit plans, policies, and agreements, and any benefits provided for elsewhere in this Agreement.
Appears in 1 contract