AMENDMENT NO. 1 TO 2008 AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • March 17th, 2009 • Trustco Bank Corp N Y • State commercial banks
Contract Type FiledMarch 17th, 2009 Company IndustryUpon termination of the Executive’s employment due to retirement (defined as the earliest retirement date applicable to the Executive under the Retirement Plan of Trustco Bank), Disability (as defined herein), death, or Termination (as defined in Section 8 hereof) of Executive for any reason other than Good Cause (as defined in Section 8) within 2 years after a Change in Control (as defined in Section 7(b) hereof) the Companies shall monthly, for the longer of the life of the Executive or the life of the Executive’s spouse, reimburse Executive and/or Executive’s spouse for otherwise unreimbursed medical expenses, including medical insurance premiums, of Executive and his spouse (and Executive’s dependents during the time such dependents would meet the coverage requirements of a health plan maintained by the Company if the Executive were covered by such plan) for medical and health benefits (including dental and prescription drugs) at a level that is substantially similar to those benef