Accrued Liability Balance. The term “Accrued Liability Balance” shall mean the amount that has been accrued by the Employer on its financial statements to fund the retirement benefits expense of the Employee as of the end of the month preceding the Employee’s termination of employment.
Appears in 3 contracts
Samples: Executive Supplemental Compensation Agreement (Southwest Community Bancorp), Executive Supplemental Compensation Agreement (Placer Sierra Bancshares), Executive Supplemental Compensation Agreement (Placer Sierra Bancshares)
Accrued Liability Balance. The term “"Accrued Liability Balance” " shall mean the amount that has been accrued by the Employer on its financial statements to fund the retirement benefits expense of the Employee as of the end of the month preceding the Employee’s 's termination of employment.
Appears in 1 contract
Samples: Executive Supplemental Compensation Agreement (Southwest Community Bancorp)
