Common use of Termination of Employment by Reason of Incapacity Clause in Contracts

Termination of Employment by Reason of Incapacity. At any time from and after the Incapacity Determination Date, the Board of Directors, in its discretion, may elect to terminate Executive's employment by reason of such incapacity. Any such termination as a result of incapacity shall be considered to be an Event of Termination in accordance with Section 4 of this Agreement.

Appears in 8 contracts

Samples: Employment Agreement (Berkshire Hills Bancorp Inc), Employment Agreement (Berkshire Hills Bancorp Inc), Employment Agreement (Citizens First Bancorp Inc)

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Termination of Employment by Reason of Incapacity. At any time from and after the Incapacity Determination Datedate, the Board of DirectorsBoard, in its discretion, may elect to terminate Executive's employment by reason of such incapacity. Any such termination as a result of incapacity shall be considered to be an Event of Termination in accordance with Section 4 of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Berkshire Hills Bancorp Inc), Employment Agreement (Berkshire Hills Bancorp Inc)

Termination of Employment by Reason of Incapacity. At any time from and after the Incapacity Determination Date, the Board of Directors, in its discretion, may elect to terminate Executive's employment by reason of such incapacity. Any such termination as a result of incapacity shall be considered to be an Event of Termination in accordance with Section 4 of this Agreement. In such event, payments due Executive shall not include any of the fringe benefits set forth in Section 3(c) and (d).

Appears in 2 contracts

Samples: Employment Agreement (Berkshire Hills Bancorp Inc), Employment Agreement (Berkshire Hills Bancorp Inc)

Termination of Employment by Reason of Incapacity. At any time from and after the Incapacity Determination Date, the Board of DirectorsCompany, in its discretion, may elect to terminate Executive's ’s employment by reason of such incapacity. Any such termination as a result of incapacity shall not be considered to be an Event of Termination in accordance with under Section 4 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Citizens First Bancorp Inc)

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Termination of Employment by Reason of Incapacity. At any time from and after the Incapacity Determination Date, the Board of DirectorsCompany, in its discretion, may elect to terminate Executive's employment by reason of such incapacity. Any such termination as a result of incapacity shall not be considered to be an Event of Termination in accordance with under Section 4 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Citizens First Bancorp Inc)

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