Common use of COVERAGE BY THIS AGREEMENT Clause in Contracts

COVERAGE BY THIS AGREEMENT. Coverage by the provisions of this Agreement is conditioned upon the Officer's continuous employment in an eligible capacity (periods of temporary disability and authorized leave of absence shall be considered as periods of employment) with the Bank from the effective date of this Agreement until the earlier of the date the Officer attains Retirement Age, elects Early Retirement, is declared Disabled or dies. Benefit payments are conditions upon the Officer's compliance with the provisions of this Agreement so long as the Officer lives and payments are due under the terms of this Agreement. 5.03.

Appears in 1 contract

Samples: Supplemental Income Agreement (CNB Corp /Sc/)

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COVERAGE BY THIS AGREEMENT. Coverage by the provisions of this Agreement is conditioned upon the Officer's ’s continuous employment in an eligible capacity (periods of temporary disability and authorized leave of absence shall be considered as periods of employment) with the Bank from the effective date of this Agreement until the earlier of the date the Officer attains Retirement Age, elects is granted Early RetirementRetirement by the Board of Directors, is declared Disabled or dies. Benefit payments are conditions conditioned upon the Officer's ’s compliance with the provisions terms of this Agreement so long as the Officer lives and payments are due under the terms provisions of this Agreement. 5.03.

Appears in 1 contract

Samples: Employment Agreement (United Bancshares Inc/Oh)

COVERAGE BY THIS AGREEMENT. Coverage by the provisions of this Agreement is conditioned upon the Officer's continuous employment in an eligible capacity (periods of temporary disability and authorized leave of absence shall be considered as periods of employment) with the Bank Company from the effective date of this Agreement until the earlier of the date the Officer attains Retirement Age, elects Early Retirementretires, is declared Disabled or dies. Benefit payments are conditions conditioned upon the Officer's compliance with the provisions terms of this Agreement so long as the Officer lives and payments are due under the terms provisions of this Agreement. 5.03.

Appears in 1 contract

Samples: Supplemental Income Agreement (First Community Financial Group Inc)

COVERAGE BY THIS AGREEMENT. Coverage by the provisions of this Agreement is conditioned upon the Officer's continuous employment in an eligible capacity (periods of temporary disability and authorized leave of absence shall be considered as periods of employment) with the Bank from the effective date of this Agreement until the earlier of the date the Officer attains Retirement Age, elects is granted Early RetirementRetirement by the Board of Directors, is declared Disabled or dies. Benefit payments are conditions conditioned upon the Officer's compliance with the provisions terms of this Agreement so long as the Officer lives and payments are due under the terms provisions of this Agreement. 5.03.

Appears in 1 contract

Samples: Supplemental Income Agreement (First Community Financial Group Inc)

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COVERAGE BY THIS AGREEMENT. Coverage by the provisions of this Agreement is conditioned upon the Officer's continuous employment in an eligible capacity (periods of temporary disability and authorized leave of absence shall be considered as periods of employment) with the Bank Company from the effective date of this Agreement until the earlier of the date the Officer attains Retirement Age, elects is granted Early RetirementRetirement by the Board of Directors, is declared Disabled or dies. Benefit payments are conditions conditioned upon the Officer's compliance with the provisions terms of this Agreement so long as the Officer lives and payments are due under the terms provisions of this Agreement. 5.03.

Appears in 1 contract

Samples: Supplemental Income Agreement (First Community Financial Group Inc)

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