Common use of Early Termination Benefit Clause in Contracts

Early Termination Benefit. Upon Early Termination, the Bank shall pay to the Director the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 14 contracts

Samples: Director Retirement Agreement (Independent Bank Corp), Director Retirement Agreement (Peoples Federal Bancshares, Inc.), Director Retirement Agreement (Peoples Federal Bancshares, Inc.)

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Early Termination Benefit. Upon Subject to the general limitations under Article 4 hereof, upon Early Termination, the Bank shall pay to the Director the benefit described in this Section Article 2.2 in lieu instead of any other benefit under this ArticleArticle 2.

Appears in 4 contracts

Samples: Director Retirement Agreement (American River Bankshares), Director Retirement Agreement (American River Bankshares), Director Retirement Agreement (American River Bankshares)

Early Termination Benefit. Upon Early Termination, the Bank shall pay distribute to the Director the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 4 contracts

Samples: Director Retirement Agreement (Mercer Bancorp, Inc.), Director Retirement Agreement (Mercer Bancorp, Inc.), Director Retirement Plan (Home Federal Bancorp, Inc.)

Early Termination Benefit. Upon Early Termination, the Bank shall pay to the Director the benefit described in this Section 2.2 3.2 in lieu of any other benefit under this ArticleAgreement.

Appears in 2 contracts

Samples: Director Retirement Agreement (Esb Financial Corp), Director Retirement Agreement (Esb Financial Corp)

Early Termination Benefit. Upon Early Termination, the Bank shall pay to the Director the benefit described in this Section 2.2 in lieu of any other benefit Lifetime Benefits under this ArticleAgreement.

Appears in 2 contracts

Samples: Retirement Agreement, Retirement Agreement (Dutchfork Bancshares Inc)

Early Termination Benefit. Upon In the event of the Director’s Early Termination, the Bank shall pay to the Director the benefit described in this Section 2.2 4.2 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Director Deferred Fee Agreement (Home Federal Bancorp), Director Deferred Fee Agreement (Home Federal Bancorp)

Early Termination Benefit. Upon Early Termination, the Bank shall pay distribute to the Director the benefit described in this Section 2.2 in lieu of any other benefit under this Article.. Mxxxxx Savings Bank

Appears in 1 contract

Samples: Director Retirement Agreement (Mercer Bancorp, Inc.)

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Early Termination Benefit. Upon the Director's Early Termination, the Bank shall pay to the Director the benefit described in this Section 2.2 4.2 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Director Deferred Fee Agreement (Ohio Valley Banc Corp)

Early Termination Benefit. Upon Early Termination, the Bank shall pay to the Director the benefit described in this Section 2.2 in lieu of any other benefit under this ArticleAgreement.

Appears in 1 contract

Samples: Director Retirement Agreement (Juniata Valley Financial Corp)

Early Termination Benefit. Upon the Director’s Early Termination, the Bank shall pay to the Director the benefit Early Termination Benefit, as described in this Section 2.2 2.2, in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Salary Continuation Agreement (Appalachian Bancshares Inc)

Early Termination Benefit. Upon In the event the Director’s Early Termination, the Bank shall pay to the Director the benefit described in this Section 2.2 4.2 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Director Deferred Fee Agreement (Home Federal Bancorp)

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