Benefit Enhancements. The Bank's board of directors may, in its sole and absolute discretion, increase the amount of the benefit payments to the Director or the Director's Beneficiary under this Agreement commencing any time, and from time to time, effective on or after the first anniversary of the first benefit payment under this Agreement.
Appears in 9 contracts
Samples: Bank Director Retirement Agreement (Community Valley Bancorp), Director Retirement Agreement (Community Valley Bancorp), Bank Director Retirement Agreement (Community Valley Bancorp)
Benefit Enhancements. The Bank's board of directors may, in its sole and absolute discretion, increase the amount of the benefit payments to the Director Employee or the DirectorEmployee's Beneficiary under this Agreement commencing any time, and from time to time, effective on or after the first anniversary of the first benefit payment under this Agreement.
Appears in 2 contracts
Samples: Continuation Agreement (Community Valley Bancorp), Continuation Agreement (Community Valley Bancorp)
