Common use of Early Termination Benefit Clause in Contracts

Early Termination Benefit. Upon Termination of Service before the Normal Retirement Age for reasons other than death, Change in Control, or Disability, the Bank shall pay to the Director the benefit described in this Section 4.2 instead of any other benefit under this Agreement.

Appears in 6 contracts

Samples: Director Elective Income Deferral Agreement (Bank of Wilmington CORP), Director Elective Income Deferral Agreement (Bank of Wilmington CORP), Director Elective Income Deferral Agreement (Bank of Wilmington CORP)

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

Appears in 6 contracts

Samples: Executive Bonus Deferral Agreement (Columbia Bancorp \Or\), Executive Bonus Deferral Agreement (Columbia Bancorp \Or\), Executive Bonus Deferral Agreement (Columbia Bancorp \Or\)

Early Termination Benefit. Upon Termination of Separation from Service before the Normal Retirement Age for reasons other than death, Change in Control, or Disability, the Bank shall pay to the Director the benefit described in this Section 4.2 instead of any other benefit under this Amended Agreement.

Appears in 4 contracts

Samples: Director Deferred Compensation Agreement (Newmil Bancorp Inc), Director Deferred Compensation Agreement (Newmil Bancorp Inc), Director Deferred Compensation Agreement (Newmil Bancorp Inc)

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Early Termination Benefit. Upon Termination of Service before prior to the Normal Retirement Age for reasons any reason other than death, Change in Control, or Disability, death the Bank Company shall pay to the Director the benefit described in this Section 4.2 instead in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Director Deferred Fee Agreement (Community Financial Corp /Va/)

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