Common use of Payments Commence Upon Early Retirement Date Clause in Contracts

Payments Commence Upon Early Retirement Date. In the event the Executive elects to Retire on a date which constitutes an Early Retirement Date, as defined in subparagraph 1.10 above, the Executive shall be entitled to be paid the Applicable Percentage of the Executive Benefits as described in Schedules A & B, in substantially equal monthly installments on the first day of each month, beginning with the month following the month in which the Early Retirement Date occurs or upon such later date as may be mutually agreed upon by the Executive and the Bank in advance of said Early Retirement Date.

Payments Commence Upon Early Retirement Date. In the event the Executive elects to Retire on a date which constitutes an Early Retirement Date, as defined in subparagraph 1.10 above, the Executive shall be entitled to be paid the Applicable Percentage of the Executive Benefits as described in Schedules A & Schedule B, in substantially equal monthly installments on the first day of each month, beginning with the month following the month in which the Early Retirement Date occurs or upon such later date as may be mutually agreed upon by the Executive and the Bank Employer in advance of said Early Retirement Date.

Payments Commence Upon Early Retirement Date. In the event the Executive elects to Retire on a date which constitutes an Early Retirement Date, as defined in subparagraph 1.10 above, the Executive shall be entitled to be paid the Applicable Percentage of the Executive Benefits as described in Schedules A & Schedule B, in substantially equal monthly installments on the first day of each month, beginning with the month following the month in which the Early Retirement Date occurs or upon such later date as may be mutually agreed upon by the Executive and the Bank Employer in advance of said Early Retirement Date.

Payments Commence Upon Early Retirement Date. In the event the Executive elects to Retire on a date which constitutes an Early Retirement Date, as defined in subparagraph 1.10 1.11 above, the Executive shall be entitled to be paid the Applicable Percentage of the Executive Benefits as described in Schedules A & and adjusted pursuant to Schedule B, in substantially equal monthly installments on the first day of each month, beginning with the month following the month in which the Early Retirement Date occurs or upon such later date as may be mutually agreed upon by the Executive and the Bank in advance of said Early Retirement Date.