One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 74 contracts
Samples: Salary Continuation Agreement (Grandsouth Bancorporation), Supplemental Salary Continuation Agreement (Investar Holding Corp), Supplemental Salary Continuation Agreement (Investar Holding Corp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be is determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 33.4, subsequent later occurrence of events dealt with by this Agreement shall do not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 8 contracts
Samples: Executive Deferred Compensation Agreement (Middlefield Banc Corp), Executive Deferred Compensation Agreement (Middlefield Banc Corp), Executive Deferred Compensation Agreement (Middlefield Banc Corp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 33.4, subsequent later occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 8 contracts
Samples: Executive Deferred Compensation Agreement (Middlefield Banc Corp), Executive Deferred Compensation Agreement (Middlefield Banc Corp), Executive Deferred Compensation Agreement (Middlefield Banc Corp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be is determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence occurrences of events dealt with by this Agreement shall do not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 8 contracts
Samples: Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc)
One Benefit Only. Despite anything to the contrary in this Agreement, the The Executive and Beneficiary are entitled to a benefit under only one benefit only under of Sections 4.1 through 4.6 of this Agreement, which shall be determined by the first event to occur that is dealt with by causes a benefit to be paid under this Agreement. Except as provided in section 2.5 or Article 3, The subsequent occurrence of other events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreementhereunder.
Appears in 8 contracts
Samples: Deferred Compensation Agreement (Peapack Gladstone Financial Corp), Deferred Compensation Agreement (Peapack Gladstone Financial Corp), Deferred Compensation Agreement (Peapack Gladstone Financial Corp)
One Benefit Only. Despite anything to the any contrary in provision of this Agreement, the Executive and Beneficiary are entitled to one benefit only under Article 2 of this Agreement, which shall be determined by the first event to occur that is dealt with by Article 2 of this Agreement. Except as provided in section 2.5 or Article 3, subsequent Subsequent occurrence of events dealt with by this Agreement Article 2 shall not entitle the Executive or the Executive’s Beneficiary to other or additional benefits under this AgreementArticle 2.
Appears in 6 contracts
Samples: Supplemental Salary Continuation Plan Agreement (Tennessee Commerce Bancorp, Inc.), Salary Continuation Agreement (Gateway Financial Holdings Inc), Salary Continuation Agreement (Gateway Financial Holdings Inc)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 33.3, subsequent later occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 6 contracts
Samples: Executive Variable Benefit Deferred Compensation Agreement, Executive Variable Benefit Deferred Compensation Agreement, Executive Variable Benefit Deferred Compensation Agreement (Middlefield Banc Corp)
One Benefit Only. Despite anything to the contrary in this Agreement, the The Executive and Beneficiary are entitled to only one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by causes a benefit to be paid under this Agreement. Except as provided in section 2.5 or Article 3, The subsequent occurrence of other events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreementhereunder.
Appears in 4 contracts
Samples: Supplemental Executive Retirement Plan (MUNCY COLUMBIA FINANCIAL Corp), Supplemental Executive Retirement Agreement (MUNCY COLUMBIA FINANCIAL Corp), Supplemental Executive Retirement Agreement (Two River Bancorp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section Section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 4 contracts
Samples: Salary Continuation Agreement (Southern Community Financial Corp), Salary Continuation Agreement (Southern Community Financial Corp), Salary Continuation Agreement (Southern Community Financial Corp)
One Benefit Only. Despite anything in this Agreement to the contrary in this Agreementcontrary, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 4 contracts
Samples: Salary Continuation Agreement (BNC Bancorp), Salary Continuation Agreement (BNC Bancorp), Salary Continuation Agreement (BNC Bancorp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 4 contracts
Samples: Salary Continuation Agreement (Fidelity Southern Corp), Salary Continuation Agreement (Fidelity Southern Corp), Salary Continuation Agreement (Fidelity Southern Corp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be is determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall does not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall will be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 3 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Cardinal Financial Corp), Supplemental Executive Retirement Plan Agreement (Cardinal Financial Corp), Supplemental Executive Retirement Plan Agreement (Cardinal Financial Corp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and his Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 33.4, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or his Beneficiary to other or additional benefits under this Agreement.
Appears in 3 contracts
Samples: Executive Deferred Compensation Agreement (Middlefield Banc Corp), Executive Deferred Compensation Agreement (Middlefield Banc Corp), Executive Deferred Compensation Agreement (Middlefield Banc Corp)
One Benefit Only. Despite anything to the contrary in this Agreement, the The Executive and Beneficiary are entitled to a benefit under only one benefit only under of Sections 5.1 through 5.6 of this Agreement, which shall be determined by the first event to occur that is dealt with by causes a benefit to be paid under this Agreement. Except as provided in section 2.5 or Article 3, The subsequent occurrence of other events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreementhereunder.
Appears in 3 contracts
Samples: Deferred Compensation Agreement (Peapack Gladstone Financial Corp), Deferred Compensation Agreement (Peapack Gladstone Financial Corp), Deferred Compensation Agreement (Peapack Gladstone Financial Corp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 2.6 or Article 3, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 3 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Select Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (Select Bancorp, Inc.), Salary Continuation Agreement (Home Bancorp Wisconsin, Inc.)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section Section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 2 contracts
Samples: Executive Employment Agreement (CBTX, Inc.), Salary Continuation Agreement (CBTX, Inc.)
One Benefit Only. Despite anything in this Agreement to the contrary in this Agreementcontrary, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Southcoast Financial Corp), Salary Continuation Agreement (Southcoast Financial Corp)
One Benefit Only. Despite anything to the any contrary provision contained in this Agreement, the Executive and Beneficiary are (or their Beneficiary(ies)) may only become entitled to one (1) benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by under Sections 3 and 4 of this Agreement. Except as provided in section 2.5 or Article 3, The subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary their Beneficiary(ies) to other or additional benefits under this Agreement.
Appears in 2 contracts
Samples: Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.), Executive Supplemental Compensation Agreement (Five Star Bancorp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall will be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall do not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 1 contract
Samples: Salary Continuation Agreement (Eagle Bancorp Montana, Inc.)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the 5 first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 33.4, subsequent later occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 1 contract
Samples: Defined Contribution Supplemental Executive Retirement Plan (Southern Michigan Bancorp Inc)
One Benefit Only. Despite Notwithstanding anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent Later occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 1 contract
Samples: Supplemental Executive Retirement Account Agreement (Oceanfirst Financial Corp)
