Common use of Opportunity Cost Clause in Contracts

Opportunity Cost. The Opportunity Cost for any Plan Year shall be calculated by multiplying (a) the sum of (i) the total amount of premiums set forth in the insurance policies described above, (ii) the amount of any Index Benefits (described at subparagraph b above), and (iii) the amount of all previous years after-tax Opportunity Costs; by

Appears in 3 contracts

Samples: Director Supplemental Compensation Agreement (Saratoga Bancorp), Director Supplemental Compensation Agreement (SJNB Financial Corp), Executive Supplemental Compensation Agreement (Vib Corp)

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Opportunity Cost. The Opportunity Cost for any Plan Year shall be calculated by multiplying (a) the sum of (i) the total amount of premiums set forth in the insurance policies described above, (ii) the amount of any Index Benefits Benefit (described at subparagraph b above), and (iii) the amount of all previous years after-tax Opportunity Costs; by

Appears in 1 contract

Samples: Director Indexed Compensation Benefits Agreement (Heritage Commerce Corp)

Opportunity Cost. The Opportunity Cost for any Plan Year shall be calculated by multiplying (a) the sum of (i) the total amount of premiums set forth in the insurance policies described above, (ii) the amount of any Index Benefits (described Benefits(described at subparagraph b above), and (iii) the amount of all previous years after-tax Opportunity Costs; by

Appears in 1 contract

Samples: Director Supplemental Compensation Agreement (SJNB Financial Corp)

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Opportunity Cost. The Opportunity Cost for any Plan Year shall be ---------------- calculated by multiplying (a) the sum of (i) the total amount of premiums set forth in the insurance policies described above, (ii) the amount of any Index Benefits (described at subparagraph b above), and (iii) the amount of all previous years after-tax Opportunity Costs; by)

Appears in 1 contract

Samples: Employee Supplemental Compensation Benefits Agreement (Greater Bay Bancorp)

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