Common use of Disability Benefit Clause in Contracts

Disability Benefit. Upon Termination of Employment due to Disability prior to Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 8 contracts

Samples: Salary Continuation Agreement (Peoples Federal Bancshares, Inc.), Salary Continuation Agreement (Peoples Federal Bancshares, Inc.), Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc)

AutoNDA by SimpleDocs

Disability Benefit. Upon For Termination of Employment due to because of Disability prior to before the Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu instead of any other benefit under this ArticleAgreement.

Appears in 8 contracts

Samples: Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc)

Disability Benefit. Upon Termination of Employment due to Disability prior to before Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu instead of any other benefit under this ArticleAgreement.

Appears in 7 contracts

Samples: Salary Continuation Agreement, Salary Continuation Agreement (Crescent Financial Corp), Salary Continuation Agreement (Crescent Financial Corp)

Disability Benefit. Upon Termination of Employment due to Disability prior to Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 2.4 in lieu of any other benefit under this Article.

Appears in 5 contracts

Samples: Supplemental Executive Retirement Agreement (New North Penn Bancorp Inc), Supplemental Executive Retirement Agreement (North Penn Bancorp, Inc.), Supplemental Executive Retirement Agreement (North Penn Bancorp, Inc.)

Disability Benefit. Upon the Executive’s Termination of Employment due to Disability prior to Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 2.3, in lieu of any other benefit under this Article.

Appears in 4 contracts

Samples: Salary Continuation Agreement (Appalachian Bancshares Inc), Salary Continuation Agreement (Appalachian Bancshares Inc), Salary Continuation Agreement (Appalachian Bancshares Inc)

Disability Benefit. Upon For Termination of Employment due to of the Executive because of Disability prior to before the Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu instead of any other benefit under this ArticleAgreement.

Appears in 3 contracts

Samples: Salary Continuation Agreement (Unizan Financial Corp), Salary Continuation Agreement (Unizan Financial Corp), Salary Continuation Agreement (Unizan Financial Corp)

Disability Benefit. Upon Termination of Employment due to because of Disability prior to before Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu instead of any other benefit under this ArticleAgreement.

Appears in 3 contracts

Samples: Salary Continuation Agreement (Bank of Wilmington CORP), Salary Continuation Agreement (Bank of Wilmington CORP), Salary Continuation Agreement (Bank of Wilmington CORP)

Disability Benefit. Upon Termination the Executive’s termination of Employment employment before the Normal Retirement Age due to Disability prior to Normal Retirement Agethe Executive’s Disability, the Bank shall pay to the Executive the benefit described described, in this Section 2.3 in lieu of any other benefit under this Article2.3.

Appears in 2 contracts

Samples: Salary Continuation Agreement (Ocean Shore Holding Co), Salary Continuation Agreement (Ocean Shore Holding Co)

Disability Benefit. Upon After Termination of Employment due to because of Disability prior to before Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu instead of any other benefit under this ArticleAgreement.

Appears in 2 contracts

Samples: Salary Continuation Agreement, Salary Continuation Agreement (Citizens South Banking Corp)

Disability Benefit. Upon Termination of Employment due to Disability prior to before Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this ArticleAgreement.

Appears in 2 contracts

Samples: Salary Continuation Agreement (American River Bankshares), Salary Continuation Agreement (American River Bankshares)

AutoNDA by SimpleDocs

Disability Benefit. Upon After Termination of Employment due to Disability prior to before Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu 3.4 instead of any other benefit under this ArticlePlan.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan (Lake Shore Bancorp, Inc.)

Disability Benefit. Upon Termination of Employment due to because of Disability prior to before the Normal Retirement AgeDate, the Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu instead of any other benefit under this ArticleAgreement.

Appears in 1 contract

Samples: Salary Continuation Agreement (Bank of Wilmington CORP)

Disability Benefit. Upon Termination of Employment due to Disability prior to the Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 4.4 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Executive Deferred Incentive Agreement (Home Federal Bancorp Inc)

Disability Benefit. Upon Termination of Employment due to of the Executive because of Disability prior to before the Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu instead of any other benefit under this ArticleAgreement.

Appears in 1 contract

Samples: Salary Continuation Agreement (Unb Corp/Oh)

Disability Benefit. Upon the Executive's Termination of Employment due to Disability prior to Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 4.5 in lieu of any other benefit under this ArticleAgreement.

Appears in 1 contract

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

Disability Benefit. Upon Termination of Employment due to Disability prior to Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this ArticleAgreement.

Appears in 1 contract

Samples: Executive Salary Continuation Agreement (Columbia Bancorp \Or\)

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