Common use of Primary Normal Retirement Benefit Clause in Contracts

Primary Normal Retirement Benefit. Commencing on the first day of the month following the Director's Termination of Service after his Normal Retirement Date, the Company shall pay a Primary Normal Retirement Benefit to the Director which is equal to the Director's Retirement Account balance as of the Plan Anniversary Date immediately preceding the Director's Termination of Service (without adjustment for interest or earnings during the payment period). The Primary Normal Retirement Benefit shall be paid in thirteen (13) equal annual installments.

Primary Normal Retirement Benefit. Commencing on the first day of the month following the Director's Termination of Separation from Service after his the Normal Retirement Date, the Company shall pay a Primary Normal Retirement Benefit to the Director which is equal to the Director's Retirement Account balance as of the Plan Anniversary Date immediately preceding the Director's Termination of Separation from Service (without adjustment for interest or earnings during the payment period). The Primary Normal Retirement Benefit shall be paid in thirteen (13) equal annual installments.. THE FIRST NATIONAL BANK OF MIFFLINTOWN Director Revenue Neutral Retirement Agreement

Primary Normal Retirement Benefit. Commencing on the first day of the month following the Director's Termination of Service after his Normal Retirement Date, the Company shall pay a Primary Normal Retirement Benefit to the Director which is equal to the Director's Retirement Account balance as of the Plan Anniversary Date Year ending immediately preceding the Director's Termination of Service (without adjustment for interest or earnings during the payment period)Normal Retirement Date. The Primary Normal Retirement Benefit shall be paid over 10 years in thirteen 120 equal monthly installments (13) equal annual installmentswithout adjustment for interest earnings during the payment period), commencing on the first day of the month following the Director's Termination of Service.

Primary Normal Retirement Benefit. Commencing on the first day of the month following the Director's Termination of Separation from Service after his the Normal Retirement Date, the Company shall pay a Primary Normal Retirement Benefit to the Director which is equal to the Director's Retirement Account balance as of the Plan Anniversary Date immediately preceding the Director's Termination of Separation from Service (without adjustment for interest or earnings during the payment period). The Primary Normal Retirement Benefit shall be paid in thirteen (13) equal annual installments.