Common use of Involuntary Early Termination Benefit Clause in Contracts

Involuntary Early Termination Benefit. Upon Involuntary Early Termination, the Bank shall pay to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Agreement.

Appears in 4 contracts

Samples: Supplemental Executive Retirement Agreement (LaPorte Bancorp, Inc.), Supplemental Executive Retirement Agreement (LaPorte Bancorp, Inc.), Supplemental Executive Retirement Agreement (LaPorte Bancorp, Inc.)

AutoNDA by SimpleDocs

Involuntary Early Termination Benefit. Upon Involuntary Early Termination, the Bank shall pay distribute to the Executive the benefit described in this Section 2.4 2.3 in lieu of any other benefit under this AgreementArticle.

Appears in 1 contract

Samples: Ameriana Bancorp

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!