Common use of Defined Benefit Pension Benefits Clause in Contracts

Defined Benefit Pension Benefits. The Executive and his spouse or beneficiaries shall be entitled to defined benefit pension benefits not less favorable, in the aggregate, than the basic pension benefits provided for in the Bank’s qualified defined benefit pension plan and the supplemental pension benefits provided for in the Executive’s agreement under the Bank’s nonqualified supplemental executive benefit plan, both as in effect on the date hereof, subject to the terms of such plans and such agreement.

Defined Benefit Pension Benefits. The Executive and his spouse or beneficiaries shall be entitled to defined benefit pension benefits not less favorable, in the aggregate, than the basic pension benefits provided for in the Bank’s Company's qualified defined benefit pension plan and the supplemental pension benefits provided for in the Executive’s 's agreement under the Bank’s Company's nonqualified supplemental executive benefit plan, both as in effect on the date hereof, subject to the terms of such plans and such agreement.

Defined Benefit Pension Benefits. The Executive and his spouse or beneficiaries shall be entitled to defined benefit pension benefits not less favorable, in the aggregate, than the basic pension benefits provided for in the Bank’s 's qualified defined benefit pension plan and the supplemental pension benefits provided for in the Executive’s 's agreement under the Bank’s 's nonqualified supplemental executive benefit plan, both as in effect on the date hereof, subject to the terms of such plans and such agreement.

Defined Benefit Pension Benefits. The Executive and his [his/her] spouse or beneficiaries shall be entitled to defined benefit pension benefits not less favorable, in the aggregate, than the basic pension benefits provided for in the Bank’s Company's qualified defined benefit pension plan and the supplemental pension benefits provided for in the Executive’s 's agreement under the Bank’s Company's nonqualified supplemental executive benefit plan, both as in effect on the date hereof, subject to the terms of such plans and such agreement.

Defined Benefit Pension Benefits. The Executive and his [his/her] spouse or beneficiaries shall be entitled to defined benefit pension benefits not less favorable, in the aggregate, than the basic pension benefits provided for in the Bank’s 's qualified defined benefit pension plan and the supplemental pension benefits provided for in the Executive’s 's agreement under the Bank’s 's nonqualified supplemental executive benefit plan, both as in effect on the date hereof, subject to the terms of such plans and such agreement.