Common use of Fringe Benefit Clause in Contracts

Fringe Benefit. The benefits provided by this Agreement are granted by the Employer as a fringe benefit to the Executive and are not a part of any salary reduction plan or any arrangement deferring a bonus or a salary increase. The Executive has no option to take any current payments or bonus in lieu of the benefits provided by this Agreement.

Appears in 81 contracts

Sources: Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.), Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.), Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.)

Fringe Benefit. The benefits provided by this Agreement are granted by the Employer Bank as a fringe benefit to the Executive and are not a part of any salary reduction plan or any arrangement deferring a bonus or a salary increase. The Executive has no option to take any current payments or bonus in lieu of the benefits provided by this Agreement.

Appears in 18 contracts

Sources: Supplemental Executive Retirement Plan Agreement (Columbia Banking System Inc), Supplemental Executive Retirement Plan Agreement (Columbia Banking System Inc), Supplemental Executive Retirement Plan Agreement (Columbia Banking System Inc)

Fringe Benefit. The benefits provided by this Agreement are granted by the Employer Bank as a fringe benefit to the Executive and are not a part of any salary reduction plan or any arrangement deferring a bonus or a salary increase. The Executive has no option to take any current payments or bonus in lieu of the benefits provided by this Agreement.

Appears in 8 contracts

Sources: Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.), Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.), Executive Supplemental Compensation Agreement (Five Star Bancorp)

Fringe Benefit. The benefits provided by this Agreement are granted by the Employer as a fringe benefit to the Executive and are not a part of any salary reduction plan or any arrangement deferring a bonus or a salary increase. The Executive has no option to take any current payments or bonus in lieu of the benefits provided by this Agreement.

Appears in 6 contracts

Sources: Supplemental Executive Retirement Plan Agreement (Columbia Banking System Inc), Supplemental Executive Retirement Plan Agreement (Columbia Banking System Inc), Supplemental Executive Retirement Plan Agreement (Columbia Banking System Inc)

Fringe Benefit. The salary continuation benefits provided by this Agreement are granted by the Employer Corporation as a fringe benefit to the Executive and are not a part of any salary reduction plan or any arrangement deferring a bonus or a salary increase. The Executive has no option to take any current payments payment or bonus in lieu of the benefits provided by this Agreementthese salary continuation benefits.

Appears in 6 contracts

Sources: Executive Salary Continuation Agreement (United Community Bancshares Inc), Executive Salary Continuation Agreement (Coast Bancorp), Executive Salary Continuation Agreement (United Community Bancshares Inc)

Fringe Benefit. The benefits provided by this Agreement are granted by the Employer Bank as a fringe benefit to the Executive and are not a part of any salary reduction plan or any arrangement deferring a bonus or a salary increase. The Executive has no option to take any current payments or bonus in lieu of the benefits provided by this Agreement.

Appears in 4 contracts

Sources: Executive Supplemental Compensation Agreement, Executive Supplemental Compensation Agreement (BayCom Corp), Executive Supplemental Compensation Agreement (BayCom Corp)

Fringe Benefit. The benefits provided by this Agreement are granted by the Employer as a fringe benefit to the Executive and are not a part of any salary reduction plan Agreement or any arrangement deferring a bonus or a salary increase. The Executive has no option to take any current payments or bonus in lieu of the benefits provided by this Agreement.

Appears in 3 contracts

Sources: Executive Supplemental Compensation Agreement (Columbia Banking System Inc), Executive Supplemental Compensation Agreement (Columbia Banking System Inc), Executive Supplemental Compensation Agreement (Columbia Banking System Inc)

Fringe Benefit. The benefits provided by this Agreement are granted -------------- by the Employer as a fringe benefit to the Executive Employee and are not a part of any salary reduction plan or any arrangement deferring a bonus or a salary increase. The Executive Employee has no option to take any current payments or bonus in lieu of the benefits provided by this Agreement.

Appears in 3 contracts

Sources: Employee Supplemental Compensation Benefits Agreement (Greater Bay Bancorp), Employee Supplemental Compensation Benefits Agreement (Greater Bay Bancorp), Employee Supplemental Compensation Benefits Agreement (Greater Bay Bancorp)

Fringe Benefit. The benefits provided by this Agreement are -------------- granted by the Employer as a fringe benefit to the Executive Employee and are not a part of any salary reduction plan or any arrangement deferring a bonus or a salary increase. The Executive Employee has no option to take any current payments or bonus in lieu of the benefits provided by this Agreement.

Appears in 2 contracts

Sources: Employee Supplemental Compensation Benefits Agreement (Greater Bay Bancorp), Employee Supplemental Compensation Benefits Agreement (Greater Bay Bancorp)

Fringe Benefit. The benefits benefit provided by this Agreement are is granted by the Employer Bank as a fringe benefit to the Executive and are is not a part of any salary reduction plan or any arrangement deferring a bonus or a salary increase. The Executive has no option to take any current payments or bonus in lieu of the benefits provided by this Agreement.

Appears in 2 contracts

Sources: Executive Supplemental Compensation Agreement (California BanCorp), Executive Supplemental Compensation Agreement (California BanCorp)

Fringe Benefit. The benefits benefit provided by this Agreement are is granted by the Employer Bank as a fringe benefit to the Executive and are is not a part of any salary reduction plan or any arrangement deferring a bonus or a salary increase. The Executive has no option to take any current payments or bonus in lieu of the benefits provided by this Agreement.

Appears in 1 contract

Sources: Executive Supplemental Compensation Agreement (California BanCorp)

Fringe Benefit. The benefits provided by this Agreement are granted by the Employer as a fringe benefit to the Executive and are not a part of any salary reduction plan or any arrangement deferring a bonus or a salary increase. The Executive has no option to take any current payments or bonus in lieu of the benefits provided by this Agreement.. ARTICLE III

Appears in 1 contract

Sources: Executive Benefits Agreement (Saratoga Bancorp)

Fringe Benefit. The benefits provided by this Agreement are granted by the Employer as a fringe benefit to the Executive and are not a part of any salary reduction plan or any arrangement deferring a bonus or a salary increase. The Executive has no option to take any current payments or bonus in lieu of the benefits provided by this Agreement.

Appears in 1 contract

Sources: Executive Salary Continuation Agreement (Central Coast Bancorp)

Fringe Benefit. The benefits provided by this Agreement are granted by the Employer Bank as a fringe benefit to the Executive and are not a part of any salary reduction plan or any arrangement deferring a bonus or a salary increase. The Executive has no option to take any current payments or bonus in lieu of the benefits provided by this Agreement.

Appears in 1 contract

Sources: Salary Continuation Agreement (Santa Lucia Bancorp)