Common use of Disability Benefit Clause in Contracts

Disability Benefit. For Separation from Service because of Disability before Normal Retirement Age, the Bank will pay to the Executive the benefit described in this section 2.3 instead of any other benefit under this Agreement.

Appears in 5 contracts

Samples: Supplemental Salary Continuation Agreement (Investar Holding Corp), Supplemental Salary Continuation Agreement (Investar Holding Corp), Salary Continuation Agreement (Investar Holding Corp)

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Disability Benefit. For Upon the Executive’s Separation from Service because of due to Disability before prior to Normal Retirement Age, the Bank will shall pay to the Executive the benefit described in this section Section 2.3 instead in lieu of any other benefit under this AgreementArticle.

Appears in 4 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc)

Disability Benefit. For Upon Separation from Service because of Disability before Normal Retirement Age, the Bank will shall pay to the Executive the benefit described in this section 2.3 Section 2.3(a) instead of any other benefit under this Agreement.

Appears in 4 contracts

Samples: Salary Continuation Agreement (Southern Community Financial Corp), Salary Continuation Agreement (Southern Community Financial Corp), Salary Continuation Agreement (Southern Community Financial Corp)

Disability Benefit. For Upon Separation from Service because of Disability before Normal Retirement Age, the Bank will shall pay to the Executive the benefit described in this section 2.3 instead of any other benefit under this Agreement.

Appears in 4 contracts

Samples: Salary Continuation Agreement (Grandsouth Bancorporation), Salary Continuation Agreement (Southern First Bancshares Inc), Salary Continuation Agreement (Greenville First Bancshares Inc)

Disability Benefit. For Upon Separation from Service because of Disability before Normal Retirement Age, the Bank will shall pay to the Executive the benefit described in this section Section 2.3 instead of any other benefit under this Agreement.

Appears in 3 contracts

Samples: Salary Continuation Agreement (Oak Ridge Financial Services, Inc.), Salary Continuation Agreement (Oak Ridge Financial Services, Inc.), Salary Continuation Agreement (Oak Ridge Financial Services, Inc.)

Disability Benefit. For Following the Executive’s Separation from Service because of Disability before the Normal Retirement AgeAge due to the Executive’s Disability, the Bank will shall pay to the Executive the benefit described described, in this section 2.3 instead of any other benefit under this AgreementSection 2.3.

Appears in 3 contracts

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

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Disability Benefit. For Separation from Service because of Upon Disability before prior to Normal Retirement Age, the Bank will shall pay to the Executive the benefit described in this section Section 2.3 instead in lieu of any other benefit under this AgreementArticle.

Appears in 3 contracts

Samples: Salary Continuation Agreement (Home Federal Bancorp, Inc.), Salary Continuation Agreement (Home Federal Bancorp, Inc.), Salary Continuation Agreement (Home Federal Bancorp, Inc.)

Disability Benefit. For Separation from Service because of Disability before Normal Retirement AgeAge or a Change in Control, the Bank will pay to the Executive the benefit described in this section Section 2.3 instead of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Salary Continuation Agreement (CBTX, Inc.), Executive Employment Agreement (CBTX, Inc.)

Disability Benefit. For Separation from Service because of Disability before Normal Retirement Age, Age the Bank will shall pay to the Executive the benefit described in this section 2.3 instead of any other benefit under this Agreement.

Appears in 1 contract

Samples: Salary Continuation Agreement (Tidelands Bancshares Inc)

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