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 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: Executive Supplemental Compensation Agreement (FNB Bancorp/Ca/), Executive Supplemental Compensation Agreement (Pacific State 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: Salary Continuation Agreement (Appalachian Bancshares 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)

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