Common use of Amendment or Termination of Plan Clause in Contracts

Amendment or Termination of Plan. Except as otherwise provided in section 2.4 and 8.2, (i) the Bank may amend or terminate the Plan at any time, and (ii) the Bank may amend or terminate a Participant's rights under the Plan at any time prior to a Participant's death by written notice to the Participant.

Appears in 2 contracts

Samples: Group Term Carve Out Plan (Cortland Bancorp Inc), Group Term Carve Out Plan (Newmil Bancorp Inc)

AutoNDA by SimpleDocs

Amendment or Termination of Plan. Except as otherwise provided in section 2.4 and 8.2, (i) the The Bank may amend or terminate the Plan at any time, and (ii) the Bank may amend or terminate a Participant's ’s rights under the Plan at any time prior to before a Participant's ’s death by written notice to the Participant. The Bank’s right to amend or terminate the Plan includes the right to cancel a Policy or Policies without replacement.

Appears in 1 contract

Samples: Group Term Carve Out Plan (Unizan Financial Corp)

Amendment or Termination of Plan. Except as otherwise provided in section 2.4 and 8.2, (i) the The Bank may amend or terminate the Plan at any time, and (ii) the . The Bank may amend or terminate a Participant's ’s rights under the Plan at any time prior to before a Participant's ’s death by written notice to the Participant.

Appears in 1 contract

Samples: Group Term Carve Out Plan (Cortland Bancorp Inc)

AutoNDA by SimpleDocs

Amendment or Termination of Plan. Except as otherwise provided in section 2.4 sections 2.3, 2.4, 2.5 and 8.2, : (i) the Bank may amend or terminate the Plan at any time, and (ii) the Bank may amend or terminate a Participant's rights under the Plan at any time prior to a Participant's death by written notice to the Participant.

Appears in 1 contract

Samples: Officer Group Term Replacement Plan (Sandy Spring Bancorp Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!