Common use of Normal Retirement Benefit Clause in Contracts

Normal Retirement Benefit. If the Executive terminates employment on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement.

Appears in 12 contracts

Samples: Incentive Retirement Agreement (Smithtown Bancorp Inc), Incentive Retirement Agreement (Smithtown Bancorp Inc), Incentive Retirement Agreement (First Litchfield Financial Corp)

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Normal Retirement Benefit. If the Executive terminates employment on or after the Normal Retirement Age Date for reasons other than death, the Company Bank shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement2.1.

Appears in 11 contracts

Samples: Continuation Agreement (Federal Trust Corp), Continuation Agreement (Federal Trust Corp), Continuation Agreement (Federal Trust Corp)

Normal Retirement Benefit. If the Executive terminates employment on or after the Normal Retirement Age Date for reasons other than death, the Company Bank shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement2.1.

Appears in 6 contracts

Samples: Supplemental Executive Retirement Agreement (Sandy Spring Bancorp Inc), Sandy Spring Bank Supplemental Executive Retirement Agreement (Sandy Spring Bancorp Inc), Supplemental Executive Retirement Agreement (Sandy Spring Bancorp Inc)

Normal Retirement Benefit. If the Executive terminates employment on or after the Normal Retirement Age Date for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement4.1.

Appears in 4 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Sunshine Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (Sunshine Bancorp, Inc.), Deferred Incentive Agreement (Home Federal Bancorp Inc)

Normal Retirement Benefit. If there is a Termination of Employment of the Executive terminates employment on or after the Executive's Normal Retirement Age for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement.

Appears in 4 contracts

Samples: Executive Incentive Retirement Agreement (First Litchfield Financial Corp), Executive Incentive Retirement Agreement (First Litchfield Financial Corp), Executive Incentive Retirement Agreement (First Litchfield Financial Corp)

Normal Retirement Benefit. If the Executive terminates employment on or after the Normal Retirement Age Date for reasons other than deathany reason, the Company Bank shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement2.1.

Appears in 3 contracts

Samples: Continuation Agreement (High Point Financial Corp), Continuation Agreement (High Point Financial Corp), Continuation Agreement (High Point Financial Corp)

Normal Retirement Benefit. If the Executive terminates employment on or after the Normal Retirement Age for reasons other than death, the Company Bank shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement2.1.

Appears in 3 contracts

Samples: Supplemental Executive Retirement Plan Agreement (CCFNB Bancorp Inc), Supplemental Executive Retirement Plan Agreement (CCFNB Bancorp Inc), Supplemental Executive Retirement Plan Agreement (CCFNB Bancorp Inc)

Normal Retirement Benefit. If the Executive terminates employment on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement2.1.

Appears in 3 contracts

Samples: Salary Continuation Agreement (First Keystone Corp), Continuation Agreement (First Keystone Corp), Supplemental Retirement Agreement (United Financial Corp \Mn\)

Normal Retirement Benefit. If the Executive terminates employment on or after the Normal Retirement Age Date for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement.a Monthly Normal Retirement Benefit computed and payable as follows:

Appears in 2 contracts

Samples: Continuation Agreement (Firstbank Corp/Id), Continuation Agreement (Firstbank Corp/Id)

Normal Retirement Benefit. If the Executive terminates employment on or after the Normal Retirement Age for reasons other than death, the Company Bank shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement2. 1.

Appears in 2 contracts

Samples: Salary Continuation Agreement (Ocean Shore Holding Co), Salary Continuation Agreement (Ocean Shore Holding Co)

Normal Retirement Benefit. If the Executive terminates employment on or Executive's Termination of Employment occurs after the Normal Early Retirement Age Date for reasons other than deathdeath or Disability, the Company shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement4.1.

Appears in 2 contracts

Samples: Trust Deferred Compensation Agreement (Southern Michigan Bancorp Inc), Trust Deferred Compensation Agreement (Southern Michigan Bancorp Inc)

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Normal Retirement Benefit. If the Executive terminates employment Termination of Executive's Employment occurs on or after the Normal Retirement Age for reasons other than deathDate, the Company shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement2.1.

Appears in 2 contracts

Samples: Continuation Agreement (Southside Bancshares Corp), Continuation Agreement (Southside Bancshares Corp)

Normal Retirement Benefit. If the Executive terminates employment on or after the Normal Retirement Age for reasons other than deathDate, the Company shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement2.1.

Appears in 1 contract

Samples: Continuation Agreement (United Financial Corp \Mn\)

Normal Retirement Benefit. If the Executive terminates employment on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement2. 1.

Appears in 1 contract

Samples: Supplemental Retirement Agreement (United Financial Corp \Mn\)

Normal Retirement Benefit. If the if Executive terminates employment on or after the Normal Retirement Age for reasons other than death, the Company Bank shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement2.1.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan Agreement (CCFNB Bancorp Inc)

Normal Retirement Benefit. If the Executive terminates employment on or after the Normal Retirement Age Date for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement.2.1

Appears in 1 contract

Samples: Continuation Agreement (Dimeco Inc)

Normal Retirement Benefit. If the Executive terminates employment on or after the Normal Retirement Age for reasons other than death, the Company Bank shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: First National South (M&m Financial Corp /Sc/)

Normal Retirement Benefit. If the Executive terminates employment on or after the Normal Retirement Age Date for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Hf Financial Corp)

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