Common use of Early Termination Benefit Clause in Contracts

Early Termination Benefit. Upon the Executive's Termination of Employment on an Early Termination Date, the Company shall pay to the Executive the "Early Termination Benefit" described in this Section 2.2 in lieu of any other benefit under this Agreement.

Appears in 5 contracts

Samples: Agreement (Cb Bancshares Inc/Hi), Agreement (Cb Bancshares Inc/Hi), Agreement (Cb Bancshares Inc/Hi)

AutoNDA by SimpleDocs

Early Termination Benefit. Upon the Executive's Termination of Employment on an If Early Termination Dateoccurs, the Company Employer shall pay to the Executive the "Early Termination Benefit" described in this Section 2.2 Accrued Benefit in lieu of any other benefit under this Agreementhereunder. The benefit shall be paid in a lump sum in the first month following Separation from Service.

Appears in 3 contracts

Samples: Salary Continuation Agreement (West End Indiana Bancshares, Inc.), Salary Continuation Agreement (West End Indiana Bancshares, Inc.), Salary Continuation Agreement (West End Indiana Bancshares, Inc.)

Early Termination Benefit. Upon the Executive's ’s Termination of Employment on an Early Termination Date, the Company Bank shall pay to the Executive the "Early Termination Benefit" Benefit described in this Section 2.2 in lieu of any other benefit under this Agreement.

Appears in 3 contracts

Samples: Supplemental Employee Retirement Agreement (Territorial Bancorp Inc.), Supplemental Employee Retirement Agreement (Territorial Bancorp Inc.), Supplemental Employee Retirement Agreement (Territorial Bancorp Inc.)

Early Termination Benefit. Upon Following the Executive's Termination of Employment ’s Separation from Service on an Early Termination Date, the Company shall pay to the Executive the "Early Termination Benefit" described in this Section 2.2 in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Agreement (Central Pacific Financial Corp), Agreement (Central Pacific Financial Corp)

AutoNDA by SimpleDocs

Early Termination Benefit. Upon the Executive's Termination of Employment on an Early Termination Date, the Company shall pay to the Executive the "Early Termination Benefit" described in this Section 2.2 3.2 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Agreement (Cb Bancshares Inc/Hi)

Early Termination Benefit. Upon the Executive's ’s Termination of Employment on an Early Termination Date, the Company shall pay to the Executive the "Early Termination Benefit" described in this Section 2.2 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Agreement (Cb Bancshares Inc/Hi)

Time is Money Join Law Insider Premium to draft better contracts faster.