INCOME DEFERRAL AND BENEFITS. Subject to eligibility requirements and in accordance with and subject to any policies adopted by the Bank. Executive will be entitled to receive benefits (including stock options and participation in the Executive Supplemental Income Plan) similar to those offered to other executive officers of the Bank and its subsidiaries with position and duties comparable to those of Executive.
INCOME DEFERRAL AND BENEFITS. Subject to eligibility requirements and in accordance with and subject to any policies adopted by the Bank's or Heritage's board of directors with respect to any benefit plans or programs, Employee will be entitled to receive benefits (including stock options) similar to those offered to other officers of Heritage and its subsidiaries with position and duties comparable to those of Employee. Neither the Bank nor Heritage through this Agreement obligates itself to make any particular benefits available to its employees or executive officers.
INCOME DEFERRAL AND BENEFITS. Subject to eligibility requirements and in accordance with and subject to any policies adopted by the Bank's board of directors with respect to any benefit plans or programs, Executive will be entitled to receive benefits (including stock options) similar to those offered to other executive officers of the Bank with positions and duties comparable to those of Executive.
INCOME DEFERRAL AND BENEFITS. Subject to eligibility requirements and in accordance with and subject to any policies adopted by the Bank's or InterWest's board of directors with respect to any benefit plans or programs, Employee will be entitled to receive benefits (including stock options) similar to those offered to other employees of the Bank or InterWest with position and duties comparable to those of Employee. The foregoing notwithstanding, it is the specific and agreed intent that the total compensation of Employee shall be, in the aggregate, comparable to the total compensation Employee is presently receiving at the Bank (including but not limited to benefits under any retirement plans or long-term disability plans).
INCOME DEFERRAL AND BENEFITS. Subject to eligibility requirements and in accordance with and subject to any policies adopted by Bancorp's board of directors with respect to any benefit plans or programs, Executive will be entitled to receive benefits similar to those offered to other officers of Bancorp and its subsidiaries with position and duties comparable to those of Executive. Bancorp does not, through this Agreement, obligate itself to make any particular benefits available to its employees or executive officers.
INCOME DEFERRAL AND BENEFITS. Subject to eligibility requirements and in accordance with and subject to any policies adopted by the Bank's or InterWest's board of directors with respect to any benefit plans or programs, Executive will be entitled to receive benefits (including stock options) similar to those offered to other executive officers of InterWest and its subsidiaries with position and duties comparable to those of Executive. The foregoing notwithstanding, it is the specific and agreed intent that the total compensation of Executive shall be, in the aggregate, comparable to the total compensation Executive is presently receiving at the Bank (including but not limited to benefits under the make whole plan, retirement plans, director fees, and long-term disability plans).
INCOME DEFERRAL AND BENEFITS. Subject to eligibility requirements and in accordance with and subject to any policies adopted by the Bank's or InterWest's board of directors with respect to any benefit plans or programs (including stock option plans), Executive will be entitled to receive benefits similar to those offered to other executive officers of InterWest's subsidiaries with position and duties comparable to those of Executive. The foregoing notwithstanding, Executive will continue to receive at minimum perquisites commensurate to those he currently receives, including without limitation, four (4) weeks of apid vacation per year and use of a Bank automobile.
INCOME DEFERRAL AND BENEFITS. Subject to eligibility requirements, and in accordance with and subject to any policies adopted by Cascade's board of directors or a committee thereof with respect to any benefit plans or programs, Ittes will be entitled to receive benefits comparable to those offered to other officers of Cascade with position and duties comparable to those of Ittes. The foregoing notwithstanding, it is the specific and agreed intent that the total compensation of Ittes shall be, in the aggregate, comparable to the total compensation Ittes is presently receiving at Issaquah.
INCOME DEFERRAL AND BENEFITS. (a) Subject to eligibility requirements and in accordance with and subject to any policies adopted by the Bank's or Heritage's board of directors with respect to any benefit plans or programs, Executive will be entitled to receive benefits (including stock options) comparable to those offered to other executive officers of Heritage and its subsidiaries with position and duties comparable to those of Executive. Neither the Bank nor Heritage through this Agreement obligates itself to make any particular benefits available to its employees or executive officers.
(b) In addition to the regular compensation and benefits provided to Executive by this Agreement, Bank shall pay Executive on December 31, 2005 (whether or not Executive is still employed with Bank at or prior to that time) a sum (not to exceed $200,000) of $40,000, plus $10,000 for each full year of service at Bank or its successor completed by Executive.
(c) In the event Executive dies during the term of this Agreement, Bank shall pay to Executive's estate the sum of $100,000 or the amount which has been vested pursuant to paragraph 6(b) whichever is greater with the amount not to exceed $200,000. Such amount will be payable within 90 days of death and shall be in lieu of any amount payable pursuant to paragraph 6(b) above.
(d) Bank agrees to provide Executive with a vehicle for Executive's business use.
INCOME DEFERRAL AND BENEFITS. Subject to eligibility requirements and in accordance with and subject to any policies adopted by Frontier's Board of Directors with respect to any benefit plans or programs, Executive will be entitled to receive benefits (including stock options and deferred compensation, if applicable) similar to those offered to other executive officers of Frontier and its subsidiaries with positions and duties comparable to those of Executive.
