Common use of INCOME DEFERRAL AND BENEFITS Clause in Contracts

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 Board of Directors with respect to any benefit plans or programs, Executive will be entitled to receive benefits (including stock options and participation in the Executive Supplemental Income Planoptions) similar to those offered to other executive officers employees of the Bank and its subsidiaries with position positions and duties comparable to those of Executive.

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 and participation in the Executive Supplemental Income Planoptions) similar comparable to those offered to other executive officers of the Bank 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) Bank agrees to provide Executive with a vehicle for Executive’s business use.