Common use of If ▇▇ Clause in Contracts

If ▇▇. ▇▇▇▇'▇ employment is terminated by reason of ▇▇. ▇▇▇▇'▇ Disability as defined in section 11(c) during the Employment Period, this Agreement shall terminate without further obligations to ▇▇. ▇▇▇▇, other than for payment of the amounts and provision of the benefits under sections 9(b) (i), (ii) and (iii) including the extension of health, hospitalization and dental benefits to spouses, eligible dependents as well as the survivor, providing the eligibility rules are met in accordance with the Bank's Employee Handbook, Revised Edition January 1, 1997, page 7; provided, however, that in the event of ▇▇. ▇▇▇▇'▇ Disability during the Employment Period, the Bank will pay to her a lump sum amount equal to two times her then current salary under section 4 of this Agreement.

Appears in 2 contracts

Sources: Employment Agreement (GSB Financial Corp), Employment Agreement (GSB Financial Corp)