Index Benefits. The following benefits provided by the Bank to the Director are in the nature of a fringe benefit and shall in no event be construed to effect nor limit the Director's current or prospective salary increases, cash bonuses or profit-sharing distributions or credits.
Appears in 3 contracts
Sources: Director Indexed Fee Continuation Plan Agreement (Shore Bancshares Inc), Director Indexed Fee Continuation Plan (Eufaula Banccorp Inc), Director Indexed Salary Continuation Plan (Quitman Bancorp Inc)
Index Benefits. The following benefits provided by the Bank to the Director are in the nature of a fringe benefit and shall in no event be construed to effect nor limit the Director's current or prospective salary fee increases, cash bonuses or profit-sharing distributions or credits.
Appears in 1 contract
Sources: Director Indexed Fee Continuation Plan (Republic Security Financial Corp)