Annual Normal Benefit. If the Trustee remains in continuous service as a member of the Board of Trustees of the Bank from the Effective Date of this Agreement until Normal Benefit Age and has met the Years of Service Requirement, the Bank shall pay to the Trustee the benefit described in this Section 2.1 in lieu of any other benefit under this Agreement.
Appears in 4 contracts
Samples: Trustee Deferred Compensation Agreement (Laurel Capital Group Inc), Trustee Deferred Compensation Agreement (Laurel Capital Group Inc), Trustee Deferred Compensation Agreement (Laurel Capital Group Inc)