Common use of Early Retirement Benefit Clause in Contracts

Early Retirement Benefit. Upon Termination of Service prior to the Normal Retirement Age for reasons other than death, Change of Control or Disability, the Company shall pay to the Director the benefit described in this Section 4.2 in lieu of any other benefit under this Agreement.

Appears in 23 contracts

Samples: Director Deferred Fee Agreement (Madison County Financial, Inc.), Director Deferred Fee Agreement (Madison County Financial, Inc.), Director Deferred Fee Agreement (Madison County Financial, Inc.)

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Early Retirement Benefit. Upon Termination of Service Employment prior to the Normal Retirement Age for reasons other than death, Change of Control or Disability, the Company shall pay to the Director Executive the benefit described in this Section 4.2 in lieu of any other benefit under this Agreement.

Appears in 20 contracts

Samples: Executive Deferred Compensation Agreement (ISB Financial Corp.), Executive Deferred Compensation Agreement (North Valley Bancorp), Deferred Compensation Agreement (Team Financial Inc /Ks)

Early Retirement Benefit. Upon Termination of Service prior to If the Director terminates service on or after the Early Retirement Date and before the Normal Retirement Age Age, and for reasons other than death, Change of Control Control, death or Disability, the Company shall pay to the Director the benefit described in this Section 4.2 in lieu of any other benefit under this Agreement.

Appears in 12 contracts

Samples: Director Incentive Retirement Agreement (First Litchfield Financial Corp), Director Incentive Retirement Agreement (First Litchfield Financial Corp), Director Incentive Retirement Agreement (First Litchfield Financial Corp)

Early Retirement Benefit. Upon Termination of Service prior to the Normal Retirement Age for reasons other than death, Change of in Control or Disability, the Company Bank shall pay to the Director the benefit described in this Section 4.2 in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Director Deferred Compensation Agreement (Newmil Bancorp Inc), Director Deferred Compensation Agreement (Newmil Bancorp Inc)

Early Retirement Benefit. Upon Termination of Service prior to the Normal Retirement Age for reasons other than death, Change of Control or Disability, the Company shall pay to the Director the benefit described in this Section 4.2 in lieu of any other benefit benefits under this Agreement.

Appears in 2 contracts

Samples: Director Deferred Fee Agreement (First Community Bancshares Inc /In), Director Deferred Fee Agreement (First Community Bancshares Inc /In)

Early Retirement Benefit. Upon Termination of Service prior to the Normal Retirement Age for reasons other than death, Change of Control death or Disability, the Company shall pay to the Director the benefit described in this Section 4.2 in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Director Deferred Fee Agreement (Fairfield County Bank Corp.), Director Deferred Fee Agreement (Ohio Valley Banc Corp)

Early Retirement Benefit. Upon Termination of Service prior to the Normal Retirement Age for reasons other than death, Change of in Control or Disability, the Company Bank shall pay to the Director the benefit described in this Section 4.2 in lieu of any other benefit under this Amended Agreement.

Appears in 2 contracts

Samples: Director Deferred Compensation Agreement (Newmil Bancorp Inc), Director Deferred Compensation Agreement (Newmil Bancorp Inc)

Early Retirement Benefit. Upon Termination of Service prior to the Normal Retirement Age for reasons other than death, Disability or following a Change of Control or Disability, the Company shall pay to the Director the benefit described in this Section 4.2 in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Director Deferred Fee Agreement (Tib Financial Corp.), Director Deferred Fee Agreement (Tib Financial Corp)

Early Retirement Benefit. Upon Termination of Service prior to the Normal Retirement Age for reasons other than death, Change of Control Control, termination for cause, or Disability, the Company Bank shall pay to the Director the benefit described in this Section section 4.2 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Director Deferred Fee Agreement (California Independent Bancorp)

Early Retirement Benefit. Upon Termination of Service prior to the Normal Retirement Age for reasons other than death, Change of Control or Disability, the Company shall pay to the Director the benefit described in this Section 4.2 4.1 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Director Deferred Fee Agreement (Community Valley Bancorp)

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Early Retirement Benefit. Upon Termination of Service prior to the Normal Retirement Age for reasons other than death, Change of Control or Disability, the Company shall pay to the Director the benefit described in this Section 4.2 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Director Deferred Fee Agreement (Coastal Banking Co Inc)

Early Retirement Benefit. Upon Termination of Service prior to following the Normal Early Retirement Age for reasons other than death, Change of Control or DisabilityDate, the Company shall pay to the Director the benefit described in this Section 4.2 2.2 in lieu of any other benefit under this AgreementArticle.

Appears in 1 contract

Samples: Director Compensation Agreement (Redwood Empire Bancorp)

Early Retirement Benefit. Upon Termination of Service prior to the Normal Retirement Age for reasons other than death, . Change of Control or Disability, the Company shall pay to the Director the benefit described in this Section 4.2 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Director Deferred Fee Agreement (Madison County Financial, Inc.)

Early Retirement Benefit. Upon Termination of Service prior to the Normal Retirement Age for reasons other than death, Change of Control or -or Disability, the Company Bank shall pay to the Director the benefit described in this Section 4.2 in lieu of any other benefit under this Agreement2.2.

Appears in 1 contract

Samples: Director Retirement Agreement (Republic Security Financial Corp)

Early Retirement Benefit. Upon Termination of Service prior to the Normal Retirement Age for reasons other than death, Change of Control or Disability, the Company shall pay to the Director the benefit described in this Section 4.2 4.3 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Director Deferred Fee Agreement (Luxemburg Bancshares Inc)

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