Common use of Early Retirement Benefit Clause in Contracts

Early Retirement Benefit. If the Executive terminates employment after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or Disability, the Bank shall pay to the Executive the benefit described in this Section 2.2.

Appears in 9 contracts

Samples: Continuation Agreement (Federal Trust Corp), Continuation Agreement (Federal Trust Corp), Continuation Agreement (Federal Trust Corp)

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Early Retirement Benefit. If the Executive terminates employment after qualifies and elects to retire at the Early Retirement Date but before the Normal Retirement Termination Date, and for reasons other than death or Disability, the Bank Company shall pay to the Executive the benefit described in this Section 2.2section 2.2 in lieu of any other benefit under this Agreement.

Appears in 6 contracts

Samples: Salary Continuation Agreement (Capital Corp of the West), Salary Continuation Agreement (Capital Corp of the West), Salary Continuation Agreement (Capital Corp of the West)

Early Retirement Benefit. If the Executive terminates employment on or after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or Disability, the Bank shall pay to the Executive the benefit described in this Section 2.2.

Appears in 6 contracts

Samples: Supplemental Executive Retirement Agreement (Sandy Spring Bancorp Inc), Supplemental Executive Retirement Agreement (Sandy Spring Bancorp Inc), Sandy Spring Bank Supplemental Executive Retirement Agreement (Sandy Spring Bancorp Inc)

Early Retirement Benefit. If the Executive terminates employment after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death Death or Disability, the Bank Company shall pay to the Executive the benefit described in this Section 2.2.

Appears in 5 contracts

Samples: Continuation Agreement (Eagle Bancorp Montana, Inc.), Continuation Agreement (Eagle Bancorp Montana, Inc.), Continuation Agreement (Eagle Bancorp Montana, Inc.)

Early Retirement Benefit. If the Executive terminates employment after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or Disability, the Bank shall pay to the Executive the benefit described in this Section 2.2.

Appears in 5 contracts

Samples: Agreement (Provident Community Bancshares, Inc.), Agreement (Provident Community Bancshares, Inc.), Retirement Agreement (Southbanc Shares Inc)

Early Retirement Benefit. If the Executive terminates employment on or after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or DisabilityAge, the Bank shall pay to the Executive Executive's designated beneficiary in a single lump sum the survivor income benefit described in this Section 2.22.5 following the Executive's death, provided the Executive's death occurs before the Executive's 85th birthday.

Appears in 4 contracts

Samples: Income Agreement (Middlefield Banc Corp), Income Agreement (Middlefield Banc Corp), Income Agreement (Middlefield Banc Corp)

Early Retirement Benefit. If the Executive terminates employment after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or Disability, the Bank Company shall pay to the Executive the benefit described in this Section 2.2.

Appears in 4 contracts

Samples: Continuation Agreement (Federal Trust Corp), Ohio Agreement (Camco Financial Corp), Ohio Agreement (Camco Financial Corp)

Early Retirement Benefit. If the Executive terminates employment after Upon Termination of Employment following the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or Disability, the Bank Company shall pay to the Executive the benefit described in this Section 2.22.2 in lieu of any other benefit under this Article.

Appears in 3 contracts

Samples: Supplemental Executive Retirement Plan (Porter Bancorp, Inc.), Salary Continuation Agreement (Redwood Empire Bancorp), Salary Continuation Agreement (Redwood Empire Bancorp)

Early Retirement Benefit. If the Executive Executive’s employment terminates employment with Bank after the Executive’s Early Retirement Date but before the Executive’s Normal Retirement DateDate and before a Change of Control, and for reasons other than death or Disability, the Bank shall pay to the Executive the benefit Early Retirement Benefit described in this Section 2.2.

Appears in 3 contracts

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

Early Retirement Benefit. If the Executive terminates employment on or after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or DisabilityAge, the Bank shall pay to the Executive Executive's designated beneficiary in a single lump sum the survivor income benefit described in this Section 2.22.5 following the Executive's death, provided the Executive's death occurs before the Normal Retirement Age.

Appears in 3 contracts

Samples: Income Agreement (Middlefield Banc Corp), Income Agreement (Middlefield Banc Corp), Income Agreement (Middlefield Banc Corp)

Early Retirement Benefit. If the Executive terminates employment after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or Disabilitydeath, the Bank Company shall pay to the Executive the benefit described in this Section 2.2. 2.2.

Appears in 2 contracts

Samples: Continuation Agreement (City National Bancshares Corp), Continuation Agreement (City National Bancshares Corp)

Early Retirement Benefit. If the Executive terminates employment after the Early Retirement Date but before prior to the Normal Retirement Date, and for reasons other than death or Disability, the Bank Company shall pay to the Executive the benefit described in this Section 2.24.2.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Sunshine Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (Sunshine Bancorp, Inc.)

Early Retirement Benefit. If the Executive terminates employment Termination of Executive's Employment occurs on or after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or Disability, the Bank Company shall pay to the Executive the benefit described in this Section 2.2.

Appears in 2 contracts

Samples: Continuation Agreement (Southside Bancshares Corp), Continuation Agreement (Southside Bancshares Corp)

Early Retirement Benefit. If the Executive terminates employment after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or Disability, the Bank Company shall pay to the Executive the benefit described in this Section 2.24.2.

Appears in 2 contracts

Samples: Compensation Agreement (Lawrence Financial Holdings Inc), Deferred Incentive Agreement (Home Federal Bancorp Inc)

Early Retirement Benefit. If the Executive terminates employment after the Early Retirement Date but before the Normal Retirement Date, Date and for reasons other than death death, Disability or DisabilityInvoluntary Early Termination, the Bank Company shall pay to the Executive the benefit described in this Section 2.22.2 in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Continuation Agreement (Ohio Valley Banc Corp), Continuation Agreement (Ohio Valley Banc Corp)

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Early Retirement Benefit. If the Executive terminates employment on or after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or DisabilityAge, the Bank shall pay to the Executive Executive's designated beneficiary in a single lump sum the survivor income benefit described in this Section 2.22.6.2. following the Executive's death.

Appears in 1 contract

Samples: Income Agreement (Fauquier Bankshares Inc)

Early Retirement Benefit. If the Executive terminates employment after prior to the Early Retirement Date but before the Normal Retirement Date, and normal retirement age for reasons other than death or Disabilitydisability, the Bank shall Company may pay an early Retirement Benefit prior to the Executive normal retirement date equal to the benefit described in this Section 2.2deferral account balance. This early payment is at the sole and absolute discretion of the Board of Directors.

Appears in 1 contract

Samples: Cerritos Valley Bancorp

Early Retirement Benefit. If the Executive terminates employment on or after the Early Retirement Date but and before the Normal Retirement DateAge, and for reasons other than death or Disability, the Bank shall pay to the Executive the benefit described in this Section 2.2., in monthly installments for the greater of 180 months or the Executive's lifetime, or in a lump sum as described in Section 2.2.4 as elected by the Executive on the Election Form.

Appears in 1 contract

Samples: Retirement Agreement (Tompkins Trustco Inc)

Early Retirement Benefit. If the Executive terminates employment Termination of Employment occurs on or after the Early Retirement Date Date, but before prior to the Normal Retirement Date, and for reasons other than death or Disability, the Bank Company shall pay to the Executive the benefit described in this Section 2.22.1.

Appears in 1 contract

Samples: Continuation Agreement (Citizens Holding Co /MS/)

Early Retirement Benefit. If the Executive terminates employment after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death death, Change in Control or Disability, the Bank Company shall pay to the Executive the benefit described in this Section 2.24.2 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Hf Financial Corp)

Early Retirement Benefit. If the Executive terminates employment after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or Disabilityfollowing a Change of Control, the Bank Company shall pay to the Executive the benefit described in this Section 2.2.

Appears in 1 contract

Samples: Salary Continuation Agreement (Acnb Corp)

Early Retirement Benefit. If the Executive terminates employment after the Early Retirement Date but before the Normal Retirement Date, and for reasons other than death or Disability, the Bank Company shall pay to the Executive the benefit described in this Section 2.2.

Appears in 1 contract

Samples: Continuation Agreement (United Financial Corp \Mn\)

Early Retirement Benefit. If the Executive terminates employment Termination of Employment occurs on or after the Early Retirement Date but before and prior to the Normal Retirement Date, and for reasons other than death or Disability, the Bank Company shall pay to the Executive the benefit described in this Section 2.22.2 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Supplemental Income Agreement (Peoples Financial Corp /MS/)

Early Retirement Benefit. If the Executive Executive's employment terminates employment after the Early Retirement Date but before the Normal Retirement Date, and Age for reasons other than death or Disability, the Bank Company shall pay to the Executive the benefit described in this Section 2.24.2 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Conway National Bank Phantom Stock Agreement (CNB Corp /Sc/)

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