Common use of Early Retirement Benefit Clause in Contracts

Early Retirement Benefit. Upon Separation from Service for any reason other than Termination for Cause or Disability prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 6 contracts

Samples: Salary Continuation Agreement (Ottawa Savings Bancorp, Inc.), Salary Continuation Agreement (Ottawa Savings Bancorp, Inc.), Salary Continuation Agreement (Ottawa Savings Bancorp, Inc.)

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Early Retirement Benefit. Upon Separation from of Service on or after the Early Retirement Age, but before Normal Retirement Age for any reason reasons other than Termination for Cause or Disability prior to Normal Retirement Agedeath, the Bank shall distribute pay to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this ArticleAgreement.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Community Heritage Financial, Inc.), Supplemental Executive Retirement Plan Agreement (Community Heritage Financial, Inc.)

Early Retirement Benefit. Upon Separation from Service for any reason other than Termination for Cause or Disability prior to after Early Retirement Age and before Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.2 4.2 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Deferred Bonus Agreement (Cascade Bancorp), Deferred Bonus Agreement (Cascade Bancorp)

Early Retirement Benefit. Upon Separation from Service for any reason other than Termination for Cause or Disability occurring prior to Normal Retirement Age, the Bank shall distribute to the Executive Director the benefit described in this Section 2.2 in lieu of any other benefit described under this Article.

Appears in 1 contract

Samples: Director Retirement Agreement (Alamogordo Financial Corp)

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Early Retirement Benefit. Upon Separation from Service for any reason other than Termination for Cause or Disability prior to after Early Retirement Age and before Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Supplemental Employee Retirement Plan (Cascade Bancorp)

Early Retirement Benefit. Upon Separation from Service for any reason other than Termination for Cause or Disability after Early Retirement Age and prior to Normal Retirement Age, the Bank Company shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Salary Continuation Agreement (First Community Financial Corp)

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