Common use of Retirement Date Clause in Contracts

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of the Bank (the Board) which becomes effective on the first day of the calendar month following the month in which the Director reaches age eighty-three (83) or such other date as the Consulting Agreement between the Director and the Bank dated the 30th day of August, 1999, shall terminate, whichever event shall first occur.

Appears in 1 contract

Samples: Director Agreement (Ameriana Bancorp)

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Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of with the Bank (the Board) which becomes effective on the first day of the calendar month following the month in which the Director reaches age eightythe Director's sixty-three fifth (8365th) birthday or such other later date as the Consulting Agreement between the Director and the Bank dated the 30th day of August, 1999, shall terminate, whichever event shall first occurmay actually retire.

Appears in 1 contract

Samples: Director Deferral Plan Agreement (South Street Financial Corp)

Retirement Date. The Retirement Date shall mean retirement from service on with the Board of Directors of the Bank (the Board) Company which becomes effective on the first day of the calendar month following the month in which the Director reaches age eightythe Director's seventy-three fifth (8375th) birthday or such other later date as the Consulting Agreement between the Director and the Bank dated the 30th day of August, 1999, shall terminate, whichever event shall first occurmay actually retire.

Appears in 1 contract

Samples: Director Supplemental Retirement Plan (First Community Bancshares Inc /Nv/)

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of with the Bank (the Board) which becomes effective on the first day of the calendar month following the month in which the Director reaches age eighty-three (83) his 65th birthday or such other later date as the Consulting Agreement between the Director and the Bank dated the 30th day of August, 1999, shall terminate, whichever event shall first occurmay actually retire.

Appears in 1 contract

Samples: Director Indexed Fee Continuation Plan (Eufaula Banccorp Inc)

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of with the Bank (the Board) which becomes effective on the first day of the calendar month following the month in which the Director reaches age eighty-three (83) or such other later date as the Consulting Agreement between the Director and the Bank dated the 30th day of August, 1999, shall terminate, whichever event shall first occurmay actually retire.

Appears in 1 contract

Samples: Director Supplemental Retirement Plan Agreement (Service Bancorp Inc)

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of the Bank (the Board) which becomes effective on the first day of the calendar month following the month in which the Director reaches age eightysixty-three five (8365) or such other later date as the Consulting Agreement between the Director and the Bank dated the 30th day of August, 1999, shall terminate, whichever event shall first occurmay actually retire.

Appears in 1 contract

Samples: Director Agreement (Ameriana Bancorp)

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of with the Bank (the Board) which becomes effective on the day following the annual meeting after the first day of the calendar month following the month in which date of the Director reaches age eighty-three Director's seventieth (8370th) birthday or such other later date as the Consulting Agreement between the Director and the Bank dated the 30th day of August, 1999, shall terminate, whichever event shall first occurmay actually retire.

Appears in 1 contract

Samples: Director Supplemental Retirement Plan Agreement (South Street Financial Corp)

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Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of with the Bank (the Board) which becomes effective on the first day of the calendar month following the month in which the Director reaches age eightySixty-three Five (8365) or such other later date as the Consulting Agreement between the Director and the Bank dated the 30th day of August, 1999, shall terminate, whichever event shall first occurmay actually retire.

Appears in 1 contract

Samples: Director Supplemental Retirement Plan (Crescent Banking Co)

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of with the Bank (the Board) which becomes effective on the day following the annual meeting after the first day of the calendar month following the month in which date of the Director reaches age eightyDirector’s sixty-three fifth (8365th) birthday or such other later date as the Consulting Agreement between the Director and the Bank dated the 30th day of August, 1999, shall terminate, whichever event shall first occurmay actually retire.

Appears in 1 contract

Samples: Director Supplemental Retirement Plan (South Street Financial Corp)

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of with the Bank (the Board) which becomes effective on the first day of the calendar month following the month in which the Director reaches age eightyseventy-three two (8372) or such other later date as the Consulting Agreement between ad the Director and the Bank dated the 30th day of August, 1999, shall terminate, whichever event shall first occurmay actually retire.

Appears in 1 contract

Samples: Director Agreement (Steelton Bancorp Inc)

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of with the Bank (the Board) which becomes effective on the first day of the calendar month following the month in which the Director reaches age eightyhis sixty-three fifth (8365th) birthday or such other later date as the Consulting Agreement between the Director and the Bank dated the 30th day of August, 1999, shall terminate, whichever event shall first occurmay actually retire.

Appears in 1 contract

Samples: Director Indexed Salary Continuation Plan (Quitman Bancorp Inc)

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