Common use of Early Involuntary Termination Benefit Clause in Contracts

Early Involuntary Termination Benefit. If an Early Involuntary Termination occurs, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.

Appears in 4 contracts

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

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Early Involuntary Termination Benefit. If an Early Involuntary Termination occurs, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this AgreementArticle.

Appears in 3 contracts

Samples: Salary Continuation Agreement (Eagle Bancorp Montana, Inc.), Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp)

Early Involuntary Termination Benefit. If an Upon Early Involuntary Termination occursTermination, 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 AgreementArticle.

Appears in 2 contracts

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

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Early Involuntary Termination Benefit. If an Early Involuntary Termination occurs, or 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 AgreementArticle.

Appears in 2 contracts

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

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