Termination Benefit. If the Participant terminates employment with the Bank prior to attaining his or her Early Retirement Date, other than by reason of death or Disability, the Participant shall be entitled to 100% of his or her Accrued Benefit, payable commencing upon the Participant’s attaining his or her Normal Retirement Date.
Appears in 4 contracts
Samples: Serp Participation Agreement (Royal Bancshares of Pennsylvania Inc), Serp Participation Agreement (Royal Bancshares of Pennsylvania Inc), Serp Participation Agreement (Royal Bancshares of Pennsylvania Inc)