Common use of Retirement Plan Agreement Clause in Contracts

Retirement Plan Agreement. Executive has been provided with a fully vested retirement arrangement which provides that upon his retirement, Executive shall receive for the remainder of his life the annual compensation equal to 60% of his average Base Salary for the last five years of his employment with the Employer.

Appears in 6 contracts

Samples: Employment Agreement (Avenue Financial Holdings, Inc.), Employment Agreement (Avenue Financial Holdings, Inc.), Employment Agreement (Avenue Financial Holdings, Inc.)

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