Common use of Early Termination Benefit Clause in Contracts

Early Termination Benefit. For Early Termination on or after the Executive's Early Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.2 instead of any other benefit under this Agreement.

Appears in 8 contracts

Samples: Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc)

AutoNDA by SimpleDocs

Early Termination Benefit. For Early Termination on or after Following the Executive's Early ’s Separation from Service before the Normal Retirement AgeDate for reasons other than Cause, death or Disability, the Bank shall pay to the Executive the benefit described in this Section 2.2 instead of any other benefit under this Agreement2.2.

Appears in 3 contracts

Samples: Supplemental Salary Continuation Agreement (Ocean Shore Holding Co.), Salary Continuation Agreement (Ocean Shore Holding Co.), Salary Continuation Agreement (Ocean Shore Holding Co)

Early Termination Benefit. For Early Termination on or after the Executive's Early Retirement AgeTermination, the Bank shall pay to the Executive the benefit described in this Section 2.2 instead of any other benefit under this Agreement, provided the Executive has remained employed by the Bank for 10 years after the Effective Date.

Appears in 2 contracts

Samples: Salary Continuation Agreement (Intermountain Community Bancorp), Salary Continuation Agreement (Intermountain Community Bancorp)

Early Termination Benefit. For If Early Termination on occurs before Normal Retirement Age or after the Executive's Early Retirement Agea Change in Control, the Bank shall will pay to the Executive the benefit described in this Section 2.2 instead of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (CBTX, Inc.), Salary Continuation Agreement (CBTX, Inc.)

Early Termination Benefit. For Upon Early Termination on or and provided that the Executive's Early Termination Date occurs after the Executive's Early Retirement Age62nd birthday, the Bank shall pay to the Executive the benefit described in this Section 2.2 instead in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Salary Continuation Agreement (American River Bankshares), Salary Continuation Agreement (American River Bankshares)

AutoNDA by SimpleDocs

Early Termination Benefit. For Upon Early Termination on or after and provided that the Executive's Early Retirement AgeExecutive has attained age 62, the Bank shall pay to the Executive the benefit described in this Section 2.2 instead in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Salary Continuation Agreement (American River Holdings), Salary Continuation Agreement (American River Holdings)

Early Termination Benefit. For Upon Early Termination on or after and provided that the Executive's Early Retirement AgeExecutive has attained age 64, the Bank shall pay to the Executive the benefit described in this Section 2.2 instead in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Salary Continuation Agreement (American River Holdings)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!