Common use of PAYMENT OF DIRECTOR’S DEFERRED COMPENSATION Clause in Contracts

PAYMENT OF DIRECTOR’S DEFERRED COMPENSATION. The amounts in the Director’s Deferred Compensation Account shall be paid in equal monthly installments for one hundred and twenty (120) months. The amount payable shall be the balance of the Director’s Deferred Compensation Account as defined in Paragraph IV, including all interest credited pursuant to Paragraph V.

Appears in 2 contracts

Samples: Director Deferred Compensation Agreement (LINKBANCORP, Inc.), Director Deferred Compensation Agreement (GNB Financial Services Inc)

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PAYMENT OF DIRECTOR’S DEFERRED COMPENSATION. The amounts in the Director’s Directors Deferred Compensation Account shall be paid in equal monthly installments for one hundred and twenty (120) months. The amount payable shall would be the balance of the Director’s Deferred Compensation Account as defined in Paragraph Section IV, including all interest credited credit pursuant to Paragraph V.

Appears in 1 contract

Samples: Directors Deferred Compensation Agreement (Community Financial Shares Inc)

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PAYMENT OF DIRECTOR’S DEFERRED COMPENSATION. The amounts in the Director’s Directors Deferred Compensation Account shall be paid in equal monthly installments for one hundred and twenty (120) months. The amount payable shall would be the balance of the Director’s Deferred Compensation Account as defined in Paragraph IVSection 4, including all interest credited credit pursuant to Paragraph V.Section 5.

Appears in 1 contract

Samples: Directors Deferred Compensation Agreement (Community Financial Shares Inc)

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