Common use of Early Retirement Benefit Clause in Contracts

Early Retirement Benefit. Upon Termination of Employment prior to the Normal Retirement Age for reasons other than death, Change of Control or Disability, the Company shall pay to the 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.), Deferred Compensation Agreement (Team Financial Inc /Ks), Compensation Agreement (QCR Holdings Inc)

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

Appears in 10 contracts

Samples: Incentive Retirement Agreement (Smithtown Bancorp Inc), Incentive Retirement Agreement (Smithtown Bancorp Inc), Incentive Retirement Agreement (First Litchfield Financial Corp)

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

Appears in 5 contracts

Samples: Deferred Compensation Agreement (Quad City Holdings Inc), Bank and Trust Company Executive Deferred Compensation Agreement (QCR Holdings Inc), Deferred Compensation Agreement (QCR Holdings Inc)

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

Appears in 4 contracts

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

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

Appears in 1 contract

Samples: Lowcountry National Bank (Coastal Banking Co Inc)

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

Appears in 1 contract

Samples: Salary Continuation Agreement (Westbury Bancorp, Inc.)

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

Appears in 1 contract

Samples: Executive Deferred Compensation Agreement (QCR Holdings Inc)

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