Common use of Payment of Benefit Clause in Contracts

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) days following the Normal Retirement Date and payable on the first of each month thereafter. The annual benefit shall be paid to the Executive for ten (10) years.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) days following the Normal Retirement Date Executive’s Termination of Employment, and payable on the first of each month thereafter. The annual benefit shall be paid to the Executive for ten (10) years.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) days following the Normal Retirement Date Termination of Employment and payable on the first of each month thereafter. The annual benefit shall be paid to the Executive for ten (10) years.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) days following the Normal Retirement Date Termination of Employment, and payable on the first of each month thereafter. The annual benefit shall be paid to the Executive for ten (10) years.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) days following the Executive’s Normal Retirement Date Date, and payable on the first of each month thereafter. The annual benefit shall be paid to the Executive for ten (10) years.

Payment of Benefit. The Subject to Section 2.5 hereof, if applicable, the Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) days following the Normal Retirement Date Early Termination, and payable on the first of each month thereafter. The annual benefit shall be paid to the Executive for ten fifteen (1015) years.

Payment of Benefit. The Subject to Section 2.5 hereof, if applicable, the Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) days following the Normal Retirement Date Separation from Service, and payable on the first of each month thereafter. The annual benefit shall be paid to the Executive for ten fifteen (1015) years.

Payment of Benefit. The Subject to Section 2.5 hereof, if applicable, the Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) days following the Executive’s Normal Retirement Date Date, and payable on the first of each month thereafter. The annual benefit shall be paid to the Executive for ten fifteen (1015) years.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) 12 equal monthly installments commencing within ninety (90) days with the month following the Executive’s Normal Retirement Date and payable on the first of each month thereafterDate. The annual benefit shall be paid to the Executive for ten (10) a period of 15 years, after which the Bank’s obligations under this Agreement shall lapse and forever expire.

Payment of Benefit. The Bank shall pay the annual benefit Normal Retirement Benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) days following the Normal Retirement Date and payable on the first day of each the month thereafterfollowing the Executive's Normal Retirement Date. The annual benefit Normal Retirement Benefit shall be paid to the Executive for ten fifteen (1015) years.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) 12 equal monthly installments commencing within ninety (90) days with the month following Termination of Employment, paying the Normal Retirement Date and payable on the first of each month thereafter. The annual benefit shall be paid to the Executive for ten (10) a period of 20 years. However, in lieu of any other benefit under this Agreement the Executive may petition the Bank in writing to request a lump sum payable within 60 days from Termination of Employment. The Bank in its sole and absolute discretion may accept or reject such written request.

Payment of Benefit. The Bank Company shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) days following the Normal Retirement Date and payable on the first day of each the month thereafterfollowing Termination of Employment. The annual benefit shall be paid to the Executive for ten (10) years.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) 12 equal monthly installments commencing within ninety (90) 90 days following after the Normal Retirement Date date of the Executive's Termination of Employment and payable on the first of each month thereafter. The annual benefit shall be paid to the Executive continuing for ten (10) years239 additional months.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) 12 equal monthly installments commencing within ninety (90) days with the month following the Executive’s Normal Retirement Date and payable on Age, paying the first of each month thereafter. The annual benefit shall be paid to the Executive for ten (10) a period of 20 years. However, in lieu of any other benefit under this Agreement the Executive may petition the Bank in writing to request a lump sum payable within 60 days from the Executive’s Normal Retirement Date. The Bank in its sole and absolute discretion may accept or reject such written request.

Payment of Benefit. The Bank shall pay the annual benefit Annual Benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) days following the Normal Retirement Date and payable on with the first of each the month thereafter. The annual benefit following Termination of Employment, and shall be paid continue payments to the Executive for ten a total period of twenty (1020) years.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) 12 equal monthly installments commencing within ninety (90) days with the month following the Executive’s Normal Retirement Date and payable on Age, paying the first of each month thereafter. The annual benefit shall be paid to the Executive for ten (10) a period of 20 years. However, in lieu of any other benefit under this Agreement the Executive may petition the Bank in writing to request a lump sum payable within 60 days from Termination of Employment. The Bank in its sole and absolute discretion may accept or reject such written request.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety forty-five (9045) days following after the date of the Executive's Normal Retirement Date Age and payable on the first of each month thereafter. The annual benefit shall be paid to the Executive continuing for ten one hundred seventy-nine (10179) yearsadditional months.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) 15 days following after the date of the Executive's Normal Retirement Date Age and payable on the first of each month thereafter. The annual benefit shall be paid to the Executive continuing for ten (10) years179 consecutive additional months.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) days following the Executive’s Normal Retirement Date Date, and payable on the first of each month thereafter. The annual benefit shall be paid to the Executive for ten fifteen (1015) years.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) 90 days following after the date of the Executive's Normal Retirement Date Age and payable on the first of each month thereafter. The annual benefit shall be paid to the Executive continuing for ten (10) years239 additional months.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) 90 days following after the Normal Retirement Date Executive's Termination of Employment and payable on continuing the first of each subsequent month thereafter. The annual benefit shall be paid to for the Executive for ten (10) years119 months that follow.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) 90 days following after the Normal Retirement Date date of the Executive's Termination of Employment and payable on continuing the first of each subsequent month thereafter. The annual benefit shall be paid to for the Executive for ten (10) years119 months that follow.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) days following the Normal Retirement Date and payable on the first day of each the month thereafterfollowing the Executive’s Termination of Employment. The annual benefit shall be paid to the Executive for ten twenty (1020) years.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) 90 days following the Normal Retirement Date date of the Executive’s Termination of Employment and payable on continuing for the first of each month thereafter. The annual benefit shall be paid to the Executive for ten (10) years239 months that follow.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) days following the Normal Retirement Date and payable on with the first of each the month thereafter. The following the Termination of Employment, paying the annual benefit shall be paid to the Executive for ten a period of twenty (1020) years.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) days following the Normal Retirement Date Termination of Employment, and payable on the first of each month thereafter. The annual benefit shall be paid to the Executive for ten fifteen (1015) years.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) 90 days following after the Normal Retirement Date date of the Executive's Termination of Employment and payable continuing for 59 additional months if Early Termination occurs before age 62. If Early Termination occurs on or after age 62, the first of each month thereafter. The annual benefit shall will be paid to in the form elected by the Executive for ten (10) years.in Schedule B.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) days following the Normal Retirement Date and payable on with the first of each the month thereafter. The following the Executive attaining Normal Retirement Age, paying the annual benefit shall be paid to the Executive for ten a period of twenty (1020) years.

Payment of Benefit. The Bank shall pay the annual benefit to the Executive in twelve (12) equal monthly installments commencing within ninety (90) 90 days following after the Normal Retirement Date Executive's Termination of Employment and payable on the first of each month thereafter. The annual benefit shall be paid to the Executive continuing for ten (10) years119 additional months.