Common use of Index Benefits Clause in Contracts

Index Benefits. The following benefits provided by the Bank to the Executive are in the nature of a fringe benefit and shall in no event be construed to effect nor limit the Executive's current or prospective salary increases, cash bonuses or profit-sharing distributions or credits.

Appears in 14 contracts

Samples: Executive Supplemental Retirement Plan Agreement (Merrill Merchants Bancshares Inc), Executive Supplemental Retirement Plan Agreement (Croghan Bancshares Inc), Executive Indexed Salary Continuation Plan (Ohio State Bancshares Inc)

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Index Benefits. The following benefits provided by the Bank to the Executive are in the nature of a fringe benefit and shall in no event be construed to effect nor limit the Executive's ’s current or prospective salary increases, cash bonuses or profit-sharing distributions or credits.

Appears in 6 contracts

Samples: Executive Supplemental Retirement Plan Agreement, Executive Indexed Salary Continuation Plan (Midsouth Bancorp Inc), Executive Supplemental Retirement Plan (Crescent Banking Co)

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Index Benefits. The following benefits provided by the Bank to the Executive are in the nature of a fringe benefit and shall in no event be construed to effect nor limit the Executive's current or prospective salary increases, cash bonuses or profit-sharing distributions or credits.

Appears in 1 contract

Samples: Executive Supplemental Retirement Plan Agreement (German American Bancorp)

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