Common use of Early Retirement Benefit Clause in Contracts

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 Officer the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.

Appears in 3 contracts

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

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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 Disabilitybut before reaching Normal Retirement Age, the Bank shall pay to the Officer Executive the benefit described in this Section 2.3 2.6 in lieu of any other benefit under this Agreement.

Appears in 3 contracts

Samples: Codorus Valley Bancorp Inc, Codorus Valley Bancorp Inc, Codorus Valley Bancorp Inc

Early Retirement Benefit. Upon Termination Separation of Employment Service on or after the Early Retirement Age and prior to the Age, but before Normal Retirement Age for reasons other than death, Change of Control or Disability, the Bank shall pay to the Officer Executive the benefit described in this Section 2.3 2.2 in lieu of any other benefit under this Agreement.

Appears in 2 contracts

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

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 Officer Executive the benefit described in this Section 2.3 4.2 in lieu of any other benefit under this Agreement.

Appears in 2 contracts

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

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

Appears in 1 contract

Samples: Compensation Agreement (QCR Holdings Inc)

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