Forfeiture of Compensation by Competition. The Director agrees that all rights to compensation following age 65 shall be forfeited by him if he engages in competition with the Bank, without the prior written consent of the Bank, within a radius of 50 miles of the main office of the Bank for a period of ten years, coinciding with the number of years that the Director shall receive such compensation.
Appears in 8 contracts
Samples: Compensation Agreement (Riverview Financial Corp), Director’s Compensation Agreement (Juniata Valley Financial Corp), Deferred Income Agreement (United Financial Bancorp Inc)
Forfeiture of Compensation by Competition. The Director agrees that all ------------------------------------------ rights to compensation following age 65 shall be forfeited by him if he engages in competition with the Bank, without the prior written consent of the Bank, within a radius of 50 5 miles of the main office of the Bank for a period of ten years, coinciding with the number of years that the Director shall receive such compensation.
Appears in 5 contracts
Samples: Director's Deferred Compensation Agreement (Juniata Valley Financial Corp), Director's Compensation Agreement (Juniata Valley Financial Corp), Director's Compensation Agreement (Juniata Valley Financial Corp)
Forfeiture of Compensation by Competition. The Director agrees that all ------------------------------------------ rights to compensation following age 65 shall be forfeited by him if he engages in competition with the Bank, without the prior written consent of the Bank, within a radius of 50 miles of the main office of the Bank for a period of ten years, coinciding with the number of years that the Director shall receive such compensation.
Appears in 5 contracts
Samples: Director's Deferred Compensation Agreement (Juniata Valley Financial Corp), Director's Deferred Compensation Agreement (Juniata Valley Financial Corp), Director's Compensation Agreement (Juniata Valley Financial Corp)
Forfeiture of Compensation by Competition. The Director agrees that all rights to compensation following age 65 shall be forfeited by him if he engages in competition with the Bank, without the prior written consent of the Bank, within a radius of 50 5 miles of the main office of the Bank for a period of ten years, coinciding with the number of years that the Director shall receive such compensation.
Appears in 2 contracts
Samples: Director’s Compensation Agreement (Juniata Valley Financial Corp), Director’s Deferred Compensation Agreement (Juniata Valley Financial Corp)
Forfeiture of Compensation by Competition. The Director agrees ----------------------------------------- that all rights to compensation following age 65 shall be forfeited by him if he engages in competition with the Bank, without the prior written consent of the Bank, within a radius of 50 miles of the main office of the Bank for a period of ten years, coinciding with the number of years that the Director shall receive such compensation.
Appears in 1 contract
Samples: Director's Compensation Agreement (National Bankshares Inc)
Forfeiture of Compensation by Competition. The Director agrees that all rights to compensation following age 65 71 shall be forfeited by him if he engages in competition with the Bank, without the prior written consent of the Bank, within a radius of 50 miles of the main office of the Bank for a period of ten years, coinciding with the number of years that the Director shall receive such compensation.
Appears in 1 contract
Samples: Director’s Compensation Agreement (ENB Financial Corp)
Forfeiture of Compensation by Competition. The Director agrees that all rights to compensation following age 65 shall be forfeited by him if he engages in competition with the Bank, without without, the prior written consent of the Bank, within a radius of 50 miles of the main office of the Bank for a period of ten years, coinciding with the number of years that the Director shall receive such compensation.
Appears in 1 contract
Samples: Director's Compensation Agreement (First Advantage Bancorp)
Forfeiture of Compensation by Competition. The Director agrees that all rights to compensation following age 65 shall be forfeited by him if he engages in competition with the Bank, without the prior written consent of the Bank, within a radius of 50 miles of the main office of the Bank for a period of ten years, coinciding with the number of years that the Director shall snail receive such compensation.
Appears in 1 contract
Samples: Deferred Income Agreement (United Financial Bancorp Inc)
Forfeiture of Compensation by Competition. The Director agrees that all rights to compensation following age 65 shall be forfeited by him if he engages in competition with the Bank, without the prior written consent of the Bank, within a radius of 50 miles mites of the main office of the Bank for a period of ten years, coinciding with the number of years that the Director shall receive such compensation.
Appears in 1 contract
Samples: Director's Compensation Agreement (First Advantage Bancorp)
