SUPPLEMENTAL RETIREMENT PLAN FOR SENIOR EXECUTIVES. This Supplemental Retirement Plan for Senior Executives (the “Plan”) is effective January 1, 2017. This Plan formalizes the agreements by and between PCSB BANK (the “Bank”), a New York chartered savings bank, and certain key employees, hereinafter referred to as “Executive(s)”, who have been selected and approved by the Bank to participate in this Plan and who have evidenced their participation by execution of a Supplemental Retirement Plan Participation Agreement (“Participation Agreement”) in a form provided by the Bank. This Plan is intended to comply with Internal Revenue Code (“Code”) Section 409A and any regulatory or other guidance issued under such Section. Any reference herein to the “Company” shall mean any stock holding company established as the parent corporation to the Bank.
SUPPLEMENTAL RETIREMENT PLAN FOR SENIOR EXECUTIVES. BENEFICIARY DESIGNATION Executive, under the terms of the Farmington Bank Supplemental Retirement Plan for Senior Executives effective January 1, 2009, hereby designates the following Beneficiary to receive any guaranteed payments or death benefits under such Plan, following his death: PRIMARY BENEFICIARY: In the event the Primary Beneficiary set forth above has predeceased me, I designate the following as my Secondary Beneficiary.
SUPPLEMENTAL RETIREMENT PLAN FOR SENIOR EXECUTIVES. This Supplemental Retirement Plan for Senior Executives (the "Plan") is effective June 30, 2008. This Plan formalizes the agreements by and between GEORGETOWN SAVINGS BANK (the "Bank"), a federally chartered savings bank, and certain key employees, hereinafter referred to as "Executive(s)", who have been selected and approved by the Bank to participate in this Plan and who have evidenced their participation by execution of a Supplemental Retirement Plan Participation Agreement ("Participation Agreement") in a form provided by the Bank. This Plan replaces the individual Executive Supplemental Retirement Agreements between the Bank and certain Executives who are participants herein and is intended to comply with Internal Revenue Code ("Code") Section 409A and any regulatory or other guidance issued under such Section. Any reference herein to the "Company" shall mean GEORGETOWN BANCORP, INC., the stock holding company of the Bank. The Company has executed this Plan for the sole purpose of guaranteeing the payment of benefits hereunder.
SUPPLEMENTAL RETIREMENT PLAN FOR SENIOR EXECUTIVES. BENEFICIARY DESIGNATION Executive, under the terms of the Farmington Bank Supplemental Retirement Plan for Senior Executives effective January 1, 2009, hereby designates the following Beneficiary to receive any guaranteed payments or death benefits under such Plan, following his death: PRIMARY BENEFICIARY: In the event the Primary Beneficiary set forth above has predeceased me, I designate the following as my Secondary Beneficiary. SECONDARY BENEFICIARY: This Beneficiary Designation hereby revokes any prior Beneficiary Designation which may have been in effect. Such Beneficiary Designation is revocable. DATE: ______________________ ____, 2009. (WITNESS) XXXX X. XXXXXXX, XX.
SUPPLEMENTAL RETIREMENT PLAN FOR SENIOR EXECUTIVES. This Supplemental Retirement Plan for Senior Executives (the "Plan") is effective October 1, 2007. This Plan formalizes the agreements by and between UNITED BANK (the "Bank"), a federally chartered savings bank, and certain key employees, hereinafter referred to as "Executive(s)", who have been selected and approved by the Bank to participate in this Plan and who have evidenced their participation by execution of a Supplemental Retirement Plan Participation Agreement ("Participation Agreement") in a form provided by the Bank. This Plan replaces the individual Executive Supplemental Compensation Agreements between the Bank and certain Executives who are participants herein and is intended to comply with Internal Revenue Code ("Code") Section 409A and any regulatory or other guidance issued under such Section. Any reference herein to the "Company" shall mean UNITED FINANCIAL BANCORP, INC.
SUPPLEMENTAL RETIREMENT PLAN FOR SENIOR EXECUTIVES. If the Executive incurs a Qualifying Termination following a Change in Control that occurs on or before termination of this Agreement as provided in Section 6.1 hereof, the Executive's benefit under the Supplemental Retirement Plan for Senior Executives (the 'SERP') shall be calculated as if Executive had worked two (2) additional 'Years of Service' (as defined in the SERP) with 'Earnings' (as defined in the SERP) in the same amount that Executive received in the 12 consecutive months immediately prior to the Qualifying Termination (or the amount received in the 12 consecutive months immediately prior to the Change in Control, if greater)."
