Common use of Early Involuntary Termination Benefit Clause in Contracts

Early Involuntary Termination Benefit. Upon the Executive’s Early Involuntary Termination prior to January 1, 2017, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 7 contracts

Samples: Executive Supplemental Compensation Agreement, Executive Supplemental Compensation Agreement, Executive Supplemental Compensation Agreement (FNB Bancorp/Ca/)

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Early Involuntary Termination Benefit. Upon the Executive’s If an Early Involuntary Termination prior to January 1, 2017occurs, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this ArticleAgreement.

Appears in 4 contracts

Samples: Athens Federal Community Bank Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp), Athens Federal Community Bank Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp), Athens Federal Community Bank Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp)

Early Involuntary Termination Benefit. Upon the Executive’s Early Involuntary Termination prior to January 1, 2017Termination, the Bank shall distribute to the Executive the benefit described in this Section 2.3 2.2 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Continuation Agreement (Broadway Financial Corp \De\), Salary Continuation Agreement (Broadway Financial Corp \De\)

Early Involuntary Termination Benefit. Upon the Executive’s Early Involuntary Termination prior to January 1, 2017Termination, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Supplemental Compensation Agreement (FNB Bancorp/Ca/), Supplemental Compensation Agreement (Pacific State Bancorp)

Early Involuntary Termination Benefit. Upon the Executive’s If Early Involuntary Termination prior to January 1occurs, 2017or the Executive separates service for Good Cause, the Bank shall distribute to the Executive the benefit described in this Section 2.3 2.2 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.), Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.)

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Early Involuntary Termination Benefit. Upon the Executive’s Early Involuntary Termination prior to January 1, 2017Termination, the Bank shall distribute to the Executive the benefit described in this Section 2.3 2.2 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Salary Continuation Agreement (Sierra Bancorp)

Early Involuntary Termination Benefit. Upon the Executive’s Involuntary Early Involuntary Termination prior to January 1, 2017Termination, the Bank shall distribute pay to the Executive the benefit Involuntary Early Termination Benefit, as described in this Section 2.3 2.6, in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Continuation Agreement (Appalachian Bancshares Inc)

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