Common use of In the Event Executive Remains Employed by the Bank Throughout the Service Period Clause in Contracts

In the Event Executive Remains Employed by the Bank Throughout the Service Period. In the event that the Executive Remains Employed throughout the Service Period, then he shall be entitled to receive an annual Executive Benefit of Twenty Five Thousand Dollars ($25,000) for a period of Ten (10) years. Such annual Executive Benefit shall be paid by Eid Unit Plan 8/8/2014 6 the Employer in twelve (12) substantially equal monthly installments, commencing on the first day of the first month immediately following the expiration of the Service Period, and continuing for a period of one hundred twenty (120) months thereafter.

In the Event Executive Remains Employed by the Bank Throughout the Service Period. In the event that the If Executive Remains Employed throughout the Service Period, then he they shall be entitled to receive an annual Executive Benefit of Twenty Five Thousand Dollars ($25,000) equal to the Target Benefit, payable for a period of Ten ten (10) years. Such annual Executive Benefit shall be paid by Eid Unit Plan 8/8/2014 6 the Employer in twelve (12) substantially equal monthly installments, commencing on the first day of the first month immediately following the expiration of the Service Period, and continuing for a period of one hundred twenty (120) months thereafter.

In the Event Executive Remains Employed by the Bank Throughout the Service Period. In the event that the Executive Remains Employed throughout the Service Period, then he shall be entitled to receive an annual Executive Benefit of Twenty Five Thousand Dollars ($25,000) for a period of Ten (10) years. Such annual Executive Benefit shall be paid by Eid Unit Plan 8/8/2014 6 the Employer in twelve Twelve (12) substantially equal monthly installments, commencing on the first day of the first month immediately following the expiration of the Service Period, and continuing for a period of one hundred twenty One Hundred Twenty (120) months thereafter.

In the Event Executive Remains Employed by the Bank Throughout the Service Period. In the event that the Executive Remains Employed throughout the Service Period, then he shall be entitled to receive an annual Executive Benefit of Twenty Five Thousand Dollars ($25,000) for a period of Ten (10) years. Such annual Executive Benefit shall be paid by Eid Merrywell Unit Plan 8/8/2014 4/7/2015 6 the Employer in twelve (12) substantially equal monthly installments, commencing on the first day of the first month immediately following the expiration of the Service Period, and continuing for a period of one hundred twenty (120) months thereafter.

In the Event Executive Remains Employed by the Bank Throughout the Service Period. In the event that the Executive Remains Employed throughout the Service Period, then he shall be entitled to receive an annual Executive Benefit of Twenty Twenty-Five Thousand Dollars ($25,000) for a period of Ten five (105) years. Such annual Executive Benefit shall be paid by Eid Unit Plan 8/8/2014 6 the Employer in twelve Twelve (12) substantially equal monthly installments, commencing on the first day of the first month immediately following the expiration of the Service Period, and continuing for a period of one hundred twenty Sixty (12060) months thereafter.

In the Event Executive Remains Employed by the Bank Throughout the Service Period. In the event that the Executive Remains Employed throughout the Service Period, then he shall be entitled to receive an annual Executive Benefit of Twenty Twenty-Five Thousand Dollars ($25,000) ), payable for a period of Ten (10) years. Such annual Executive Benefit shall be paid by Eid Unit Plan 8/8/2014 6 the Employer Bank in twelve (12) substantially equal monthly installments, commencing on the first day of the first month immediately following the expiration of the Service Period, and continuing for a period of one hundred twenty (120) months thereafter.