Benefit Adjustment. At the time of any Hardship Distribution, the vested Annual Benefit shall be reduced by the amount of the Hardship Distribution and the benefits to be paid under Articles 3, 4, 5 or 6 hereof shall reflect such reduced amount.
Appears in 4 contracts
Samples: Salary Continuation Agreement, Continuation Agreement (Plumas Bancorp), Continuation Agreement (Plumas Bancorp)