Common use of COVERAGE BY THIS AGREEMENT Clause in Contracts

COVERAGE BY THIS AGREEMENT. Coverage by the provisions of this Agreement is conditioned upon the Officer’s continuous employment in an eligible capacity (periods of temporary disability and authorized leave of absence shall be considered as periods of employment) with the Bank from the effective date of this Agreement until the earlier of the date the Officer attains Retirement Age, is granted Early Retirement by the Board of Directors, is declared Disabled or dies. Benefit payments are conditioned upon the Officer’s compliance with the terms of this Agreement so long as the Officer lives and payments are due under the provisions of this Agreement.

Appears in 1 contract

Samples: Placement Agreement (United Bancshares Inc/Oh)

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COVERAGE BY THIS AGREEMENT. Coverage by the provisions of this Agreement is conditioned upon the Officer’s 's continuous employment in an eligible capacity (periods of temporary disability and authorized leave of absence shall be considered as periods of employment) with the Bank from the effective date of this Agreement until the earlier of the date the Officer attains Retirement Age, is granted Early Retirement by the Board of Directors, is declared Disabled or dies. Benefit payments are conditioned upon the Officer’s 's compliance with the terms of this Agreement so long as the Officer lives and payments are due under the provisions of this Agreement.

Appears in 1 contract

Samples: Executive Supplemental Income Agreement (First Community Financial Group Inc)

COVERAGE BY THIS AGREEMENT. Coverage by the provisions of this Agreement is conditioned upon the Officer’s 's continuous employment in an eligible capacity (periods of temporary disability and authorized leave of absence shall be considered as periods of employment) with the Bank Company from the effective date of this Agreement until the earlier of the date the Officer attains Retirement Age, is granted Early Retirement by the Board of Directorsretires, is declared Disabled or dies. Benefit payments are conditioned upon the Officer’s 's compliance with the terms of this Agreement so long as the Officer lives and payments are due under the provisions of this Agreement.

Appears in 1 contract

Samples: Executive Supplemental Income Agreement (First Community Financial Group Inc)

COVERAGE BY THIS AGREEMENT. Coverage by the provisions of this Agreement is conditioned upon the Officer’s 's continuous employment in an eligible capacity (periods of temporary disability and authorized leave of absence shall be considered as periods of employment) with the Bank Company from the effective date of this Agreement until the earlier of the date the Officer attains Retirement Age, is granted Early Retirement by the Board of Directors, is declared Disabled or dies. Benefit payments are conditioned upon the Officer’s 's compliance with the terms of this Agreement so long as the Officer lives and payments are due under the provisions of this Agreement.

Appears in 1 contract

Samples: Executive Supplemental Income Agreement (First Community Financial Group Inc)

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COVERAGE BY THIS AGREEMENT. Coverage by the provisions of this Agreement is conditioned upon the Officer’s 's continuous employment in an eligible capacity (periods of temporary disability and authorized leave of absence shall be considered as periods of employment) with the Bank from the effective date of this Agreement until the earlier of the date the Officer attains Retirement Age, is granted elects Early Retirement by the Board of DirectorsRetirement, is declared Disabled or dies. Benefit payments are conditioned conditions upon the Officer’s 's compliance with the terms provisions of this Agreement so long as the Officer lives and payments are due under the provisions terms of this Agreement.

Appears in 1 contract

Samples: Executive Supplemental Income Agreement (CNB Corp /Sc/)

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