Common use of Early Retirement Benefit Clause in Contracts

Early Retirement Benefit. If the Director terminates service after the Early Retirement Date but before the Normal Retirement Date for reasons other than death, Disability or Change of Control, the Company shall pay to the Director the benefit described in this Section 2.2 in lieu of any other benefit under this Agreement.

Appears in 6 contracts

Samples: Director Retirement Agreement (Fc Banc Corp), Director Retirement Agreement (Fc Banc Corp), Director Retirement Agreement (Fc Banc Corp)

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Early Retirement Benefit. If the Director terminates service on or after the Early Retirement Date but and before the Normal Retirement Date Age, and for reasons other than death, Disability or Change of Control, death or Disability, the Company shall pay to the Director the benefit described in this Section 2.2 4.2 in lieu of any other benefit under this Agreement.

Appears in 3 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. If the Director terminates service on or after the Early Retirement Date but Age and before the Normal Retirement Date Age, and for reasons other than death, Disability death or Change of ControlDisability, the Company shall pay to the Director the benefit described in this Section 2.2 4.2 in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Director Incentive Retirement Agreement (Smithtown Bancorp Inc), Director Incentive Retirement Agreement (Smithtown Bancorp Inc)

Early Retirement Benefit. If the Director terminates service after the Early Retirement Date but before the Normal Retirement Date for reasons other than death, Disability or Change of ControlDate, the Company shall pay to the Director the benefit described in this Section 2.2 in lieu of any other benefit under this Agreement2.

Appears in 1 contract

Samples: Director Retirement Agreement (City National Bancshares Corp)

Early Retirement Benefit. If the Director terminates service after the Early Retirement Date but before the Normal Retirement Date Date, and for reasons other than death, Disability death or Change of ControlDisability, the Company Bank shall pay to the Director the benefit described in this Section 2.2 in lieu of any other benefit under this Agreement2.2.

Appears in 1 contract

Samples: Director Retirement Agreement (Lawrence Financial Holdings Inc)

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Early Retirement Benefit. If the Director terminates service after the his Early Retirement Date but before the his Normal Retirement Date Date, and for reasons other than death, Disability death or Change of ControlDisability, the Company Bank shall pay to the Director the benefit described in this Section 2.2 in lieu of any other benefit under this Agreement2.2.

Appears in 1 contract

Samples: Director Emeritus Agreement (Lawrence Financial Holdings Inc)

Early Retirement Benefit. If the Director terminates service after the Early Retirement Date but before terminated employment prior to the Normal Retirement Date Date, and for reasons other than death, Disability death or Change of ControlDisability, the Company shall pay to the Director the benefit described in this Section 2.2 in lieu of any other benefit under this Agreement4.2.

Appears in 1 contract

Samples: Director Deferred Compensation Agreement (HCSB Financial Corp)

Early Retirement Benefit. If the Director terminates service after the Early Retirement Date but before the Normal Retirement Date for reasons other than death, Disability or Change of Control, the Company shall pay to the Director the benefit described in this Section 2.2 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Director Retirement Agreement (Fc Banc Corp)

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