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 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: Executive Deferred Compensation Agreement (QCR Holdings Inc), Executive Deferred Compensation Agreement (Quad City Holdings Inc), Executive Deferred Compensation Agreement (QCR Holdings Inc)

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Early Retirement Benefit. Upon Termination of Employment on or after the Early Retirement Age and prior to the Normal Retirement Age for reasons other than death, Change of Control or Disability, the Bank shall pay to the Executive Officer the benefit described in this Section 4.2 2.3 in lieu of any other benefit under this Agreement.

Appears in 3 contracts

Samples: Salary Continuation Agreement (Omega Financial Corp /Pa/), Salary Continuation Agreement (Omega Financial Corp /Pa/), Salary Continuation Agreement (Omega Financial Corp /Pa/)

Early Retirement Benefit. Upon Termination of Employment prior to the Normal on or after Early Retirement Age for reasons other than death, Change of Control or Disabilitybut before reaching Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 4.2 2.6 in lieu of any other benefit under this Agreement.

Appears in 3 contracts

Samples: Salary Continuation Agreement (Codorus Valley Bancorp Inc), Salary Continuation Agreement (Codorus Valley Bancorp Inc), Salary Continuation Agreement (Codorus Valley Bancorp Inc)

Early Retirement Benefit. Upon Termination of Employment prior to the Normal Retirement Age for reasons other than death, Change of Control or Disability, the 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 2 contracts

Samples: Executive Deferred Compensation Agreement (Premierwest Bancorp), Executive Deferred Compensation Agreement (Premierwest Bancorp)

Early Retirement Benefit. Upon Termination of Employment prior to the Normal Retirement Age for reasons other than death, Change of Control or Disability, the Bank 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: Executive Deferred Compensation Agreement (Coastal Banking Co Inc)

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

Appears in 1 contract

Samples: Executive Deferred Incentive Agreement (Home Federal 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 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 1 contract

Samples: Executive Deferred Compensation Agreement (QCR Holdings 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 Bank 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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