Common use of Plan Benefits Clause in Contracts

Plan Benefits. The Bank shall provide Employee the following benefits: family health, dental and vision insurance, life insurance equal to one year's base salary and officers and directors liability insurance. The foregoing benefits shall be provided to Employee at the same cost as such benefits are provided to other employees of the Bank. Employee shall be eligible to participate in any exclusive stock option plan offered by the Bank or Bay National Corporation as may be applicable. Employee shall receive long-term and short-term disability insurance as such is provided to other Bank management employees.

Plan Benefits. The Bank shall provide Employee the following ------------- benefits: family health, dental and vision insurance, life insurance equal to one two year's base salary and officers and directors liability insurance. The foregoing benefits shall be provided to Employee at the same cost as such benefits are provided to other employees of the Bank. Employee shall be eligible to participate in any exclusive stock option plan offered by the Bank or Bay National Corporation Penn Mar Bancshares, Inc. as may be applicable. Employee shall receive long-term and short-term disability insurance as such is provided to other Bank management employees.

Plan Benefits. The Bank shall provide Employee the following benefits: family health, dental and vision insurance, life insurance equal to one three year's base salary and officers and directors liability insurance. The foregoing benefits shall be provided to Employee at the same cost as such benefits are provided to other employees of the Bank. Employee shall be eligible to participate in any exclusive stock option plan offered by the Bank or Bay National Corporation as may be applicable. Employee shall receive long-term and short-term disability insurance as such is provided to other Bank management employees.