Common use of Amount of Benefit Clause in Contracts

Amount of Benefit. The benefit under this Section 4.1 is the Deferral Account balance at the Executive's Normal Retirement Date.

Appears in 33 contracts

Samples: Executive Bonus Deferral Agreement (Columbia Bancorp \Or\), Executive Deferred Compensation Agreement (North Valley Bancorp), Executive Deferred Compensation Agreement (QCR Holdings Inc)

AutoNDA by SimpleDocs

Amount of Benefit. The benefit under this Section 4.1 is the Deferral Account balance at the Executive's Director’s Normal Retirement Date.

Appears in 23 contracts

Samples: Director Deferred Fee Agreement (Madison County Financial, Inc.), Director Deferred Fee Agreement (Madison County Financial, Inc.), Director Deferred Fee Agreement (Madison County Financial, Inc.)

Amount of Benefit. The benefit under this Section 4.1 is the Deferral Account balance at the ExecutiveDirector's Normal Retirement Date.

Appears in 21 contracts

Samples: Director Deferred Fee Agreement (Luxemburg Bancshares Inc), Director Deferred Fee Agreement (Tib Financial Corp.), Director Deferred Fee Agreement (Community Financial Corp /Va/)

Amount of Benefit. The benefit under this Section 4.1 is the Deferral Account balance at the Executive's Normal Retirement Date.

Appears in 13 contracts

Samples: Director Deferred Compensation Agreement (LINKBANCORP, Inc.), Director Deferred Fee Agreement, Director Deferred Fee Agreement (Madison County Financial, Inc.)

Amount of Benefit. The benefit under this Section 4.1 is the Deferral Account balance at on the Executive's Normal Retirement Date.

Appears in 9 contracts

Samples: Executive Incentive Retirement Agreement (Smithtown Bancorp Inc), Executive Incentive Retirement Agreement (Smithtown Bancorp Inc), Executive Incentive Retirement Agreement (First Litchfield Financial Corp)

Amount of Benefit. The benefit under this Section 4.1 4.2 is the Deferral Account balance at on the Executive's Normal Early Retirement Date.

Appears in 7 contracts

Samples: Executive Incentive Retirement Agreement (First Litchfield Financial Corp), Executive Incentive Retirement Agreement (First Litchfield Financial Corp), Executive Incentive Retirement Agreement (First Litchfield Financial Corp)

Amount of Benefit. The benefit under this Section 4.1 is the Deferral Account balance at the Executive's Normal Retirement DateAge.

Appears in 7 contracts

Samples: Executive Deferred Compensation Agreement (Temecula Valley Bancorp Inc), Executive Deferred Compensation Agreement (Greene County Bancshares Inc), Executive Deferred Compensation Agreement (Greene County Bancshares Inc)

Amount of Benefit. The benefit under this Section 4.1 is 100% of the Deferral Account balance at on the Executive's Normal Retirement Date.

Appears in 5 contracts

Samples: Executive Incentive Retirement Agreement (First Litchfield Financial Corp), Executive Incentive Retirement Agreement (First Litchfield Financial Corp), Executive Incentive Retirement Agreement (First Litchfield Financial Corp)

Amount of Benefit. The benefit under this Section 4.1 4.2 is 100% of the Deferral Account balance at on the Executive's Normal Early Retirement Date.

Appears in 5 contracts

Samples: Executive Incentive Retirement Agreement (First Litchfield Financial Corp), Executive Incentive Retirement Agreement (First Litchfield Financial Corp), Executive Incentive Retirement Agreement (First Litchfield Financial Corp)

Amount of Benefit. The benefit under this Section 4.1 is the Deferral Account balance at the Executive's ’s Normal Retirement DateAge.

Appears in 4 contracts

Samples: Executive Deferred Compensation Agreement, Executive Deferred Compensation Agreement (First Ulb Corp.), Executive Deferred Compensation Agreement (First Ulb Corp.)

AutoNDA by SimpleDocs

Amount of Benefit. The benefit under this Section 4.1 is the Deferral Account balance at the Executive's ’s Normal Retirement Date.

Appears in 3 contracts

Samples: Executive Deferred Compensation Agreement (QCR Holdings Inc), Executive Deferred Compensation Agreement (ISB Financial Corp.), Executive Deferred Compensation Agreement (Coastal Banking Co Inc)

Amount of Benefit. The benefit under this Section 4.1 is 4.4 shall be the Deferral Account balance at the date of the Executive's Termination of Employment plus interest at an annual rate equal to the Prime Rate plus two percent (2%), compounded monthly, from Termination of Employment to the Executive's Normal Retirement DateAge.

Appears in 1 contract

Samples: Executive Deferred Compensation Agreement (Coastal Banking Co Inc)

Amount of Benefit. The benefit under this Section 4.1 is one hundred percent (100%) of the Deferral Account balance at determined as of the Executive's ’s Normal Retirement Date.

Appears in 1 contract

Samples: Executive Deferred Compensation Agreement (PSB Holdings Inc /Wi/)

Amount of Benefit. The benefit under this Section 4.1 is the Deferral Account balance at the Executive's Normal Retirement Date, subject to Section 4.5, if applicable.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Bancorp 34, Inc.)

Amount of Benefit. The benefit under this Section 4.1 is 4.4 shall be the Deferral Account balance at the date of such Change of Control plus interest at an annual rate equal to the Prime Rate plus two percent (2%), compounded monthly, from such Change of Control to the Executive's ’s Normal Retirement DateAge.

Appears in 1 contract

Samples: Executive Deferred Compensation Agreement (Coastal Banking Co Inc)

Amount of Benefit. The benefit under this Section 4.1 4.2 is one hundred percent (100%) of the Deferral Account balance at balance, determined as of the Executive's Normal Early Retirement Date.

Appears in 1 contract

Samples: Executive Deferred Compensation Agreement (PSB Holdings Inc /Wi/)

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