Common use of Early Retirement Benefit Clause in Contracts

Early Retirement Benefit. Upon the Executive's Early Retirement, the Bank shall distribute to the Executive the benefit described in this Section 4.2 in lieu of any other benefit under this Agreement.

Appears in 3 contracts

Samples: Executive Deferred Compensation Agreement (Greene County Bancshares Inc), Executive Deferred Compensation Agreement (Greene County Bancshares Inc), Executive Deferred Compensation Agreement (Greene County Bancshares Inc)

AutoNDA by SimpleDocs

Early Retirement Benefit. Upon the Executive's If Early RetirementRetirement occurs, the Bank shall distribute to the Executive the benefit described in this Section 4.2 in lieu of any other benefit under this AgreementArticle.

Appears in 3 contracts

Samples: Deferred Compensation Agreement (Bancorp 34, Inc.), Deferred Compensation Agreement (Alamogordo Financial Corp), Deferred Compensation Agreement (Alamogordo Financial Corp)

Early Retirement Benefit. Upon the Executive's Early Retirement, the Bank shall distribute to the Executive the benefit described in this Section 4.2 2.3 in lieu of any other benefit under this AgreementArticle.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Agreement (SCBT Financial Corp), Supplemental Executive Retirement Agreement (SCBT Financial Corp)

Early Retirement Benefit. Upon the Executive's If Early RetirementRetirement occurs, the Bank Company shall distribute to the Executive the benefit described in this Section 4.2 2.2 in lieu of any other benefit under this AgreementArticle.

Appears in 2 contracts

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

Early Retirement Benefit. Upon the Executive's Early Retirement, the Bank shall distribute to the Executive the benefit described in this Section 4.2 2.5 in lieu of any other benefit under this AgreementArticle.

Appears in 1 contract

Samples: Salary Continuation Agreement (Service 1st Bancorp)

Early Retirement Benefit. Upon the Executive's Early Retirement, Retirement the Bank shall distribute 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: Supplemental Employee Retirement Plan (Cascade Bancorp)

Early Retirement Benefit. Upon the Executive's If Early RetirementRetirement occurs, the Bank shall distribute to the Executive 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 Retirement Agreement (Alamogordo Financial Corp)

AutoNDA by SimpleDocs

Early Retirement Benefit. Upon the Executive's Early Retirement, the Bank shall distribute 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: Supplemental Employee Retirement Plan (Cascade Bancorp)

Early Retirement Benefit. Upon the Executive's If Early RetirementRetirement occurs, the Bank shall distribute to the Executive the benefit described in this Section 4.2 in lieu of any other benefit under this Agreement.Article. BANK’34

Appears in 1 contract

Samples: Deferred Compensation Agreement (Alamogordo Financial Corp)

Early Retirement Benefit. Upon the Executive's Early Retirement, the Bank shall distribute to the Executive the benefit described in this Section 4.2 2.6 in lieu of any other benefit under this AgreementArticle.

Appears in 1 contract

Samples: Salary Continuation Agreement (Service 1st Bancorp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!