Normal Benefit Age. If the Director terminates service as a Director on or after Normal Benefit Age, the Company shall pay to the Director the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement.
Appears in 7 contracts
Samples: Director Deferred Fee Agreement (Penns Woods Bancorp Inc), Director Deferred Fee Agreement (Penns Woods Bancorp Inc), Director Deferred Fee Agreement (Penns Woods Bancorp Inc)
Normal Benefit Age. If the Director terminates service as a Director on or after Normal Benefit Age, the Company Bank shall pay to the Director the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement.
Appears in 2 contracts
Samples: Director Deferred Fee Agreement (Riverview Financial Corp), Director Deferred Fee Agreement (First Perry Bancorp, Inc)
