Common use of Enhanced Retirement Benefit Clause in Contracts

Enhanced Retirement Benefit. During the Term of Employment, Executive shall be eligible to receive a contribution to his deferred compensation account on an annual basis in an amount as determined by and in the sole discretion of the Board.

Appears in 8 contracts

Samples: Employment Agreement (NBT Bancorp Inc), Employment Agreement (NBT Bancorp Inc), Employment Agreement (NBT Bancorp Inc)

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Enhanced Retirement Benefit. During the Term of Employment, Executive shall be eligible to receive a contribution to his her deferred compensation account on an annual basis in an amount as determined by and in the sole discretion of the Board.

Appears in 3 contracts

Samples: Employment Agreement (NBT Bancorp Inc), Employment Agreement (NBT Bancorp Inc), Employment Agreement (NBT Bancorp Inc)

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Enhanced Retirement Benefit. During the Term of Employment, Executive shall be eligible to receive a contribution to his deferred compensation account on an annual basis in an amount equal to between 0% and 10% of Executive’s Base Salary, as determined by and in the sole discretion of the Board.

Appears in 1 contract

Samples: Employment Agreement (NBT Bancorp Inc)

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