Full Benefit. If the Executive remains employed by the Bank or an affiliate thereof until or after the Full Vesting Date (as defined in Exhibit A hereto), then, commencing upon the Payment Commencement Date (as defined in Exhibit A hereto), and continuing on the first business day of each month thereafter until a total of 180 payments have been made to the Executive, the Bank shall pay to the Executive an amount equal to one-twelfth (1/12) of the Full Benefit (as defined in Exhibit A hereto).
Appears in 7 contracts
Samples: Supplemental Executive Retirement Benefits Agreement (National Commerce Corp), Supplemental Executive Retirement Benefits Agreement (National Commerce Corp), Supplemental Executive Retirement Benefits Agreement (National Commerce Corp)
