We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of Normal Retirement Benefit Clause in Contracts

Normal Retirement Benefit. Upon the Normal Retirement Date, the Bank shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 49 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Emclaire Financial Corp), Salary Continuation Agreement (County Bancorp, Inc.), Salary Continuation Agreement (Broadway Financial Corp \De\)

Normal Retirement Benefit. Upon the Executive reaching Normal Retirement DateAge while in the active service of the Bank, the Bank shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 9 contracts

Samples: Salary Continuation Agreement (National Bankshares Inc), Salary Continuation Agreement (Luther Burbank Corp), Salary Continuation Agreement (Luther Burbank Corp)

Normal Retirement Benefit. Upon the Executive’s Normal Retirement DateDate while in the active service of the Bank, the Bank shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 8 contracts

Samples: Executive Supplemental Compensation Agreement, Executive Supplemental Compensation Agreement, Executive Supplemental Compensation Agreement (FNB Bancorp/Ca/)

Normal Retirement Benefit. Upon the Normal Retirement Date, the Bank Company shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 7 contracts

Samples: Salary Continuation Agreement (First Keystone Corp), Salary Continuation Agreement (First Keystone Corp), Salary Continuation Agreement (Ohio Valley Banc Corp)

Normal Retirement Benefit. Upon the Normal Retirement DateAge, the Bank shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 6 contracts

Samples: Supplemental Executive Retirement Agreement (Two River Bancorp), Supplemental Executive Retirement Agreement (Community Partners Bancorp), Supplemental Executive Retirement Agreement (Community Partners Bancorp)

Normal Retirement Benefit. Upon or after the Executive’s attainment of Normal Retirement DateAge, the Bank shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 5 contracts

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

Normal Retirement Benefit. Upon Executive’s attainment of the Normal Retirement DateAge, the Bank shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 4 contracts

Samples: Executive Supplemental Compensation Agreement (Temecula Valley Bancorp Inc), Executive Supplemental Compensation Agreement (Temecula Valley Bancorp Inc), Executive Supplemental Compensation Agreement (Temecula Valley Bancorp Inc)

Normal Retirement Benefit. Upon the Executive reaching Normal Retirement DateAge while in the Active Service of the Bank, the Bank shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 3 contracts

Samples: Salary Continuation Agreement (Enterprise Bancorp Inc /Ma/), Salary Continuation Agreement (Enterprise Bancorp Inc /Ma/), Salary Continuation Agreement (Enterprise Bancorp Inc /Ma/)

Normal Retirement Benefit. Upon the Normal Retirement DateAge, the Bank shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Salary Continuation Agreement (Home Bancorp, Inc.), Salary Continuation Agreement (Home Bancorp, Inc.)

Normal Retirement Benefit. Upon the Normal Retirement Date, the Bank shall distribute to the Executive Director the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Director Retirement Agreement (Alamogordo Financial Corp), Director Retirement Agreement (Central Valley Community Bancorp)

Normal Retirement Benefit. Upon the Normal Retirement Date, the Bank ------------------------- shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Salary Continuation Agreement (Pacific Premier Bancorp Inc), Salary Continuation Agreement (Pacific Premier Bancorp Inc)

Normal Retirement Benefit. Upon the Normal Retirement Date, the Bank shall distribute to the Executive the benefit described in this Section 2.1 4.1 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Deferred Compensation Agreement (Bancorp 34, Inc.), Deferred Compensation Agreement (Alamogordo Financial Corp)

Normal Retirement Benefit. Upon the Executive reaching Normal Retirement DateAge, the Bank shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Agreement (Mifflinburg Bancorp Inc), Salary Continuation Agreement (Consumers Bancorp Inc /Oh/)

Normal Retirement Benefit. Upon the Executive attaining Normal Retirement DateAge, the Bank shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 1 contract

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

Normal Retirement Benefit. Upon the Executive reaching Normal Retirement DateAge while in the active service of the Bank, the Bank shall distribute to the Executive the benefit described in this Section 2.1 as his “Normal Retirement Benefit” in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Salary Continuation Agreement (Canyon Bancorp)

Normal Retirement Benefit. Upon the Normal Retirement Date, the Bank shall distribute to the Executive the benefit described in this Section 2.1 3.1 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Supplemental Executive Retirement Income Agreement (Home Federal Bancorp)

Normal Retirement Benefit. Upon the Executive’s Normal Retirement Date, the Bank shall distribute pay to the Executive the annual benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan Agreement (Centra Financial Holdings Inc)