Voluntary or Involuntary Termination of Service Other Than for Cause. In the event the Executive’s service with the Bank is voluntarily or involuntarily terminated prior to Benefit Age, for any reason other than for Cause, but excluding any termination related to disability which shall be covered in Section VI, the Executive (or his Beneficiary) shall be entitled to receive benefits in accordance with this Subsection 5.1. Payment of benefits pursuant to this Subsection 5.1 shall be made in accordance with Subsection 5.1(a) or 5.1(b) below, as applicable.
Appears in 4 contracts
Samples: Supplemental Retirement Income Agreement (Oceanfirst Financial Corp), Supplemental Retirement Income Agreement (Oceanfirst Financial Corp), Supplemental Retirement Income Agreement (Oceanfirst Financial Corp)
Voluntary or Involuntary Termination of Service Other Than for Cause. In -------------------------------------------------------------------- the event the Executive’s 's service with the Bank is voluntarily or involuntarily terminated prior to Benefit Age, for any reason other than for Causeincluding a Change in Control, but excluding (i) any termination related to disability which shall be covered in Section VI, or (ii) termination for Cause which shall be covered in Subsection 5.2, the Executive (or his Beneficiary) shall be entitled to receive benefits in accordance with this Subsection 5.1. Payment Payments of benefits pursuant to this Subsection 5.1 shall be made in accordance with Subsection 5.1(a) or 5.1(b) below, as applicable.this
Appears in 1 contract
Samples: Supplemental Retirement Income Agreement (West Essex Bancorp Inc)
