Common use of Subsequent Changes to Time and Form of Payment Clause in Contracts

Subsequent Changes to Time and Form of Payment. The Bank may permit a subsequent change to the time and form of benefit distributions. Any such change shall be considered made only when it becomes irrevocable under the terms of the Agreement. Any change will be considered irrevocable not later than thirty (30) days following acceptance of the change by the Plan Administrator, subject to the following rules:

Appears in 43 contracts

Samples: Supplemental Executive Retirement Agreement (Southern California Bancorp \ CA), Supplemental Executive Retirement Agreement (Southern California Bancorp \ CA), Supplemental Director Retirement Agreement (BV Financial, Inc.)

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Subsequent Changes to Time and Form of Payment. The Bank may permit a subsequent change changes to the time and form of benefit distributionspayment. Any such change shall be considered made only when it becomes irrevocable under the terms of the Agreement. Any change subsequent time and form of payment changes will be considered irrevocable not later than thirty (30) days following acceptance of the change by the Plan Administrator, subject to the following rules:

Appears in 17 contracts

Samples: Executive Salary Continuation Agreement (Lyons Bancorp Inc), Director Fee Continuation Agreement (First Seacoast Bancorp), Director Fee Continuation Agreement (First Seacoast Bancorp)

Subsequent Changes to Time and Form of Payment. The Bank may permit a subsequent change to the time and form of benefit distributions. Any such change shall be considered made only when it becomes irrevocable under the terms of the Agreement. Any change will be considered irrevocable not later than thirty (30) 30 days following acceptance of the change by the Plan Administrator, subject to the following rulesrules intended to comply with Treasury Regulation 1.409A:

Appears in 8 contracts

Samples: Executive Supplemental Compensation Agreement, Executive Supplemental Compensation Agreement, Executive Supplemental Compensation Agreement (FNB Bancorp/Ca/)

Subsequent Changes to Time and Form of Payment. The Bank Institution may permit a subsequent change to the time and form of benefit distributions. Any such change shall be considered made only when it becomes irrevocable under the terms of the Agreement. Any change will be considered irrevocable not later than thirty (30) days following acceptance of the change by the Plan Administrator, subject to the following rules:

Appears in 4 contracts

Samples: Osage Bancshares, Inc., Osage Bancshares, Inc., Osage Bancshares, Inc.

Subsequent Changes to Time and Form of Payment. The Bank may permit a subsequent change by the Executive to the time and form of benefit distributions. Any such change shall be considered made only when it becomes irrevocable under the terms of the Agreement. Any change will be considered irrevocable not later than thirty (30) days following acceptance of the change by the Plan Administrator, subject to the following rules:

Appears in 3 contracts

Samples: Atlantic Stewardship Bank Supplemental Executive Retirement Agreement (Stewardship Financial Corp), Atlantic Stewardship Bank Supplemental Executive Retirement Agreement (Stewardship Financial Corp), Atlantic Stewardship Bank Supplemental Executive Retirement Agreement (Stewardship Financial Corp)

Subsequent Changes to Time and Form of Payment. The Bank may permit a subsequent change changes to the time and form of benefit distributionspayment. Any such change shall be considered made only when it becomes irrevocable under the terms of the AgreementPlan. Any change subsequent time and form of payment changes will be considered irrevocable not later than thirty (30) days following acceptance of the change by the Plan Administrator, subject to the following rules:

Appears in 2 contracts

Samples: Continuation Plan (Origin Bancorp, Inc.), Participation Agreement (Bank of Granite Corp)

Subsequent Changes to Time and Form of Payment. The Bank may permit a subsequent change changes to the time and form of benefit distributionspayment upon mutual agreement of the Bank and the Executive. Any such change shall be considered made only when it becomes irrevocable under the terms of the Agreement. Any change subsequent time and form of payment changes will be considered irrevocable not later than thirty (30) days following acceptance of the change by the Plan Administrator, subject to the following rules:

Appears in 2 contracts

Samples: Executive Salary Continuation Agreement (Lyons Bancorp Inc), Executive Salary Continuation Agreement (Lyons Bancorp Inc)

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Subsequent Changes to Time and Form of Payment. The Bank Subject to the restriction set forth below, the Company may permit a subsequent change to the time and form of benefit distributions. Any such change shall be considered made only when it becomes irrevocable under the terms of the Agreement. Any change will be considered irrevocable not later than thirty (30) days following acceptance of the change by the Plan Administrator, subject to the following rules:

Appears in 2 contracts

Samples: FNB Bancorp/Ca/, FNB Bancorp/Ca/

Subsequent Changes to Time and Form of Payment. The Bank may permit a subsequent change to the time and form of benefit distributions. Any such change shall be considered made only when it becomes irrevocable under the terms of the Agreement. Any change will be considered irrevocable not later than thirty (30) days following acceptance of the change by the Plan AdministratorBank, subject to the following rules:

Appears in 1 contract

Samples: Continuation Plan Agreement (Shore Bancshares Inc)

Subsequent Changes to Time and Form of Payment. The Bank may permit a subsequent change to the time and form of benefit distributions. Any such change shall be considered made only when it becomes irrevocable under the terms of the this Agreement. Any change will be considered irrevocable not later than thirty (30) days following acceptance of the change by the Plan Administrator, subject to the following rules:

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan Agreement (Centra Financial Holdings Inc)

Subsequent Changes to Time and Form of Payment. The Bank may permit a subsequent change changes to the time and form of benefit distributionspayment. Any such change shall be considered made only when it becomes irrevocable under the terms of the Agreement. Any change subsequent time and form of payment changes will be considered irrevocable not later than thirty (30) days following acceptance of the change by the Plan Administratoradministrator, subject to the following rules:

Appears in 1 contract

Samples: Executive Salary Continuation Agreement (Hampden Bancorp, Inc.)

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