TERMINATION PRIOR TO RESIGNATION DATE Clause Samples

TERMINATION PRIOR TO RESIGNATION DATE. In the event that ▇▇▇▇▇▇▇▇▇▇=s services are terminated prior to the Resignation Date, he (or his estate or beneficiaries as the case may be) shall receive the following compensation: (i) In the event that ▇▇▇▇▇▇▇▇▇▇=s services are terminated by the Bank without Cause pursuant to Section 7(c) above, the Bank shall continue to provide ▇▇▇▇▇▇▇▇▇▇ with the compensation and benefits described in Section 4 until the Resignation Date. (ii) In the event that ▇▇▇▇▇▇▇▇▇▇'▇ services are terminated (A) by reason of ▇▇▇▇▇▇▇▇▇▇'▇ death or Total Disability pursuant to Section 7(a), (B) by the Bank for Cause pursuant to Section 7(b), or (C) by ▇▇▇▇▇▇▇▇▇▇ pursuant to Section 7(d), the Bank shall pay ▇▇▇▇▇▇▇▇▇▇ any accrued but unpaid salary for services rendered to the termination date, any accrued but unpaid expenses required to be reimbursed in accordance with the Bank=s policy, and any vacation accrued to ▇▇▇▇▇▇▇▇▇▇=s termination date. (iii) Any employee benefits to which ▇▇▇▇▇▇▇▇▇▇ may be entitled pursuant to the Bank=s employee benefit plans in which he was participating immediately prior to his termination date shall be determined and paid in accordance with the terms of such plans. Except as may be provided under this Agreement, ▇▇▇▇▇▇▇▇▇▇ shall have no right to receive any other compensation, or to participate in any other plan, arrangement or benefit, with respect to future periods after such termination or resignation.