Disability Benefit. If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.
Appears in 101 contracts
Samples: Continuation Agreement (Community Capital Corp /Sc/), Salary Continuation Agreement (Susquehanna Bancshares Inc), Salary Continuation Agreement (Community Capital Corp /Sc/)
Disability Benefit. If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.
Appears in 38 contracts
Samples: Salary Continuation Agreement (Beverly National Corp), Continuation Agreement (Beverly National Corp), Continuation Agreement (Heritage Oaks Bancorp)
Disability Benefit. If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 2.4 in lieu of any other benefit under this Agreement.
Appears in 36 contracts
Samples: Supplemental Executive Retirement Agreement (South Financial Group Inc), Supplemental Executive Retirement Agreement (South Financial Group Inc), Supplemental Executive Retirement Agreement (South Financial Group Inc)
Disability Benefit. If the Executive terminates employment due to because of Disability prior to before the Normal Retirement Age, the Company Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu instead of any other benefit under this Agreement.
Appears in 25 contracts
Samples: Salary Continuation Agreement (Newmil Bancorp Inc), Supplemental Executive Retirement Agreement (Smithtown Bancorp Inc), Salary Continuation Agreement (Newmil Bancorp Inc)
Disability Benefit. If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 4.3 in lieu of any other benefit under this Agreement.
Appears in 24 contracts
Samples: Trust Deferred Compensation Agreement (Southern Michigan Bancorp Inc), Trust Deferred Compensation Agreement (Southern Michigan Bancorp Inc), Lowcountry National Bank (Coastal Banking Co Inc)
Disability Benefit. If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company Bank shall pay to the Executive the benefit described in this Section 2.3 4.3 in lieu of any other benefit under this Agreement.
Appears in 15 contracts
Samples: Executive Deferred Compensation Agreement (Premierwest Bancorp), Compensation Agreement (QCR Holdings Inc), Premierwest Bank Executive Deferred Compensation Agreement (Premierwest Bancorp)
Disability Benefit. If the Executive terminates employment Upon Termination of Employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this AgreementArticle.
Appears in 15 contracts
Samples: Salary Continuation Agreement (United Bancshares Inc/Oh), Salary Continuation Agreement (United Bancshares Inc/Oh), Salary Continuation Agreement (Westbury Bancorp, Inc.)
Disability Benefit. If the Executive terminates employment due to for Disability prior to the Early Retirement Age or Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 4.4 in lieu of any other benefit under this Agreement.
Appears in 14 contracts
Samples: Incentive Retirement Agreement (Smithtown Bancorp Inc), Incentive Retirement Agreement (Smithtown Bancorp Inc), Incentive Retirement Agreement (First Litchfield Financial Corp)
Disability Benefit. If the Executive terminates employment due to experiences a Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.
Appears in 13 contracts
Samples: Salary Continuation Agreement (Community Capital Corp /Sc/), Salary Continuation Agreement (Community Capital Corp /Sc/), Salary Continuation Agreement (Community Capital Corp /Sc/)
Disability Benefit. If the Executive terminates employment Upon Termination of Employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.
Appears in 12 contracts
Samples: Continuation Agreement (Tri County Financial Corp /Md/), Employment Agreement (Greer Bancshares Inc), Continuation Agreement (Greer Bancshares Inc)
Disability Benefit. If the Executive terminates employment Upon Termination of Employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 2.4 in lieu of any other benefit under this AgreementArticle.
Appears in 9 contracts
Samples: Continuation Agreement (Park National Corp /Oh/), Salary Continuation Agreement (Redwood Empire Bancorp), Continuation Agreement (Premier Commercial Bancorp)
Disability Benefit. If the Executive terminates employment due to for Disability prior to the Normal Retirement AgeDate, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement2.3.
Appears in 8 contracts
Samples: Continuation Agreement (Eagle Bancorp Montana, Inc.), Continuation Agreement (Eagle Bancorp Montana, Inc.), Continuation Agreement (Eagle Bancorp Montana, Inc.)
Disability Benefit. If the Executive Executive's employment with the Company terminates employment due to Disability prior to Normal Retirement AgeAge due to Disability, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.
Appears in 6 contracts
Samples: Continuation Agreement (First Community Financial Corp), Continuation Agreement (First Community Financial Corp), Continuation Agreement (First Community Financial Corp)
Disability Benefit. If the Executive terminates employment due to because of Disability prior to the Normal Retirement AgeDate, the Company Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement2.3.
Appears in 6 contracts
Samples: Continuation Agreement (Federal Trust Corp), Continuation Agreement (Federal Trust Corp), Continuation Agreement (Federal Trust Corp)
Disability Benefit. If the Executive terminates employment due to for Disability prior to the Normal Retirement AgeDate, the Company Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement2.3.
Appears in 5 contracts
Samples: Agreement (Provident Community Bancshares, Inc.), Retirement Agreement (Southbanc Shares Inc), Retirement Agreement (Southbanc Shares Inc)
Disability Benefit. If Upon the Executive terminates employment Executive's Termination of Employment due to Disability prior to his Normal Retirement AgeDate, the Company shall pay to the Executive the benefit "Disability Benefit" described in this Section 2.3 in lieu of any other benefit under this Agreement.
Appears in 5 contracts
Samples: Agreement (Cb Bancshares Inc/Hi), Agreement (Cb Bancshares Inc/Hi), Agreement (Cb Bancshares Inc/Hi)
Disability Benefit. If Upon the Executive terminates employment Executive’s Termination of Employment due to a Disability prior to before reaching Normal Retirement Age, the Company Executive shall pay be eligible to the Executive receive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.
Appears in 4 contracts
Samples: Salary Continuation Agreement (Gateway Financial Holdings Inc), Salary Continuation Agreement (Gateway Financial Holdings Inc), Salary Continuation Agreement (Gateway Financial Holdings Inc)
Disability Benefit. If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this AgreementArticle.
Appears in 4 contracts
Samples: Salary Continuation Agreement (Heritage Oaks Bancorp), Salary Continuation Agreement (Heritage Oaks Bancorp), Salary Continuation Agreement (Heritage Oaks Bancorp)
Disability Benefit. If Upon the Executive terminates employment due to Disability Executive’s Termination of Employment prior to Normal Retirement AgeAge due to Disability, the Company shall pay to the Executive the benefit described in this Section 2.3 2.4 in lieu of any other benefit under this Agreement.
Appears in 4 contracts
Samples: Continuation Agreement (Sierra Bancorp), First California Bank (FCB Bancorp), Continuation Agreement (FCB Bancorp)
Disability Benefit. If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement, provided however, in the event the Company determines (1) the Executive could have been Terminated for Cause as provided in Section 5.2 for conduct or omissions occurring during the term of employment or (2) the Executive has violated the restrictive covenant set forth in Section 5.3, the Company shall have no obligation to make future payments as of the date of the Company’s determination.
Appears in 4 contracts
Samples: Continuation Agreement (Codorus Valley Bancorp Inc), Continuation Agreement (Codorus Valley Bancorp Inc), Continuation Agreement (Codorus Valley Bancorp Inc)
Disability Benefit. If the Executive terminates employment incurs a Termination of Employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 (the “Disability Benefit”) in lieu of any other benefit under this Agreement.
Appears in 4 contracts
Samples: Continuation Agreement (Consumers Bancorp Inc /Oh/), Salary Continuation Agreement (Consumers Bancorp Inc /Oh/), Continuation Agreement (Consumers Bancorp Inc /Oh/)
Disability Benefit. If the Executive terminates employment due to Disability is Disabled prior to Normal Retirement AgeAge and prior to Early Termination, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.
Appears in 4 contracts
Samples: Supplemental Executive Retirement Agreement (United Bankshares Inc/Wv), Supplemental Executive Retirement Agreement (United Bankshares Inc/Wv), Supplemental Executive Retirement Agreement (United Bankshares Inc/Wv)
Disability Benefit. If the Executive terminates employment due to Disability prior to before Normal Retirement Age, the Company Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.
Appears in 3 contracts
Samples: Salary Continuation Agreement (American River Holdings), Salary Continuation Agreement (American River Holdings), Salary Continuation Agreement (American River Holdings)
Disability Benefit. If the Executive terminates Executive's employment due to is terminated for Disability prior to the Normal Retirement AgeDate, the Company Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement2.3.
Appears in 3 contracts
Samples: Retirement Agreement (Sandy Spring Bancorp Inc), Retirement Agreement (Sandy Spring Bancorp Inc), Retirement Agreement (Sandy Spring Bancorp Inc)
Disability Benefit. If Upon the Executive terminates employment due to Disability Executive’s Termination of Employment prior to Normal Retirement AgeAge due to Disability, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.
Appears in 3 contracts
Samples: Canyon National Bank (Canyon Bancorp), Continuation Agreement (Sierra Bancorp), Continuation Agreement (Sierra Bancorp)
Disability Benefit. If the Executive terminates Executive’s employment due to is terminated for Disability prior to the Normal Retirement AgeDate, the Company Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement2.3.
Appears in 3 contracts
Samples: Sandy Spring Bank Supplemental Executive Retirement Agreement (Sandy Spring Bancorp Inc), Supplemental Executive Retirement Agreement (Sandy Spring Bancorp Inc), Supplemental Executive Retirement Agreement (Sandy Spring Bancorp Inc)
Disability Benefit. If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement, provided however, in the event the Company determines (1) the Executive could have been Terminated for Cause as provided in Section 5.2 for conduct or omissions occurring during the term of employment or (2) the Executive has violated the restrictive covenant set forth in Section 5.3, the Company shall have no obligation to make future payments as of the date of the Company's determination.
Appears in 3 contracts
Samples: Agreement (Codorus Valley Bancorp Inc), Agreement (Codorus Valley Bancorp Inc), Continuation Agreement (Codorus Valley Bancorp Inc)
Disability Benefit. If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement2.3.
Appears in 3 contracts
Samples: Continuation Agreement (Lake Ariel Bancorp Inc), Continuation Agreement (Lake Ariel Bancorp Inc), Continuation Agreement (Lake Ariel Bancorp Inc)
Disability Benefit. If the Executive terminates employment due to for Disability prior to the Normal Retirement AgeDate, the Company Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement2.3.
Appears in 3 contracts
Samples: Continuation Agreement (High Point Financial Corp), Continuation Agreement (High Point Financial Corp), Continuation Agreement (High Point Financial Corp)
Disability Benefit. If the Executive terminates employment due to for Disability prior to the Normal Retirement AgeDate, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement4.3.
Appears in 3 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Sunshine Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (Sunshine Bancorp, Inc.), Compensation Agreement (Lawrence Financial Holdings Inc)
Disability Benefit. If the Executive terminates employment due to Disability prior to the Normal Retirement AgeDate, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.
Appears in 2 contracts
Samples: Continuation Agreement (Ohio Valley Banc Corp), Continuation Agreement (Ohio Valley Banc Corp)
Disability Benefit. If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this the Agreement.
Appears in 2 contracts
Samples: Retirement Plan Agreement (Capital Bancorp Inc), Retirement Plan Agreement (Capital Bancorp Inc)
Disability Benefit. If Following the Executive terminates Executive’s termination of employment due to Disability prior to the Executive’s Normal Retirement AgeDate, the Company shall pay to the Executive the benefit “Disability Benefit” described in this Section 2.3 in lieu of any other benefit under this Agreement.
Appears in 2 contracts
Samples: Agreement (Central Pacific Financial Corp), Agreement (Central Pacific Financial Corp)
Disability Benefit. If the Executive terminates employment due to Disability prior to the Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.
Appears in 2 contracts
Samples: Peoples National Bank (Peoples Bancorporation Inc /Sc/), Continuation Agreement (Peoples Bancorporation Inc /Sc/)
Disability Benefit. If the Executive terminates employment due to Disability prior to Normal Retirement Age, other than following a Change of Control, the Company Bank shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit Lifetime Benefits under this Agreement.
Appears in 2 contracts
Samples: Continuation Agreement (Dutchfork Bancshares Inc), Continuation Agreement (Dutchfork Bancshares Inc)
Disability Benefit. If Upon the Executive terminates employment Executive's Termination of Employment due to a Disability prior to before reaching Normal Retirement Age, the Company Executive shall pay be eligible to the Executive receive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Community Capital Bancshares Inc), Salary Continuation Agreement (Community Capital Bancshares Inc)
Disability Benefit. If the Executive terminates employment due to Disability prior to his Normal Retirement Age, the Company PSB shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement2.3.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Plan Agreement (PSB Bancorp Inc), Supplemental Executive Retirement Plan Agreement (PSB Bancorp Inc)
Disability Benefit. If the Executive terminates employment due to for Disability prior to before the Normal Retirement AgeDate, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.a Monthly Disability Benefit computed and payable as follows:
Appears in 2 contracts
Samples: Continuation Agreement (Firstbank Corp/Id), Continuation Agreement (Firstbank Corp/Id)
Disability Benefit. If the Executive terminates employment due to because of Disability prior to the Normal Retirement AgeDate, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement2.3.
Appears in 2 contracts
Samples: Continuation Agreement (Federal Trust Corp), Continuation Agreement (Federal Trust Corp)
Disability Benefit. If the Executive terminates employment due to for Disability prior to the Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement2.3.
Appears in 2 contracts
Samples: Supplemental Retirement Agreement (United Financial Corp \Mn\), Supplemental Retirement Agreement (United Financial Corp \Mn\)
Disability Benefit. If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company Bank shall pay to the Executive the benefit described in this Section 2.3 2.4 in lieu of any other benefit under this Agreement.
Appears in 2 contracts
Samples: Supplemental Executive (Community Heritage Financial, Inc.), Retirement Plan Agreement (Community Heritage Financial, Inc.)
Disability Benefit. If the Executive terminates employment due to ------------------ Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.
Appears in 2 contracts
Samples: Continuation Agreement (United Panam Financial Corp), Continuation Agreement (United Panam Financial Corp)
Disability Benefit. If the Termination of Employment occurs while the Executive terminates employment due to suffers from a Disability prior to Normal the Early Retirement AgeDate, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement2.4.
Appears in 2 contracts
Samples: Continuation Agreement (Southside Bancshares Corp), Continuation Agreement (Southside Bancshares Corp)
Disability Benefit. If the Executive terminates employment Executive’s Termination of Employment is due to a Disability prior to Executive’s Normal Retirement Age, the Company Executive shall pay be entitled to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement2.3.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Washington Banking Co), Salary Continuation Agreement (Washington Banking Co)
Disability Benefit. If the Executive terminates employment due to Disability prior to the Normal Retirement Age, the Company Bank shall pay to the Executive the benefit described in this Section 2.3 Article 4.3.1 in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Incentive and Retirement Agreement (New South Bancshares Inc)
Disability Benefit. If the Executive terminates employment due to Disability prior to the Normal Retirement Age, the Company Bank shall pay to the Executive the benefit described in this Section 2.3 4.3 in lieu of any other benefit under this Agreement.
Appears in 1 contract
Disability Benefit. If the Executive terminates employment as an Executive due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 4.3 in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Executive Deferred Compensation Agreement (ISB Financial Corp.)
Disability Benefit. If the Executive or the Company terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 2.4 in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Continuation Agreement (Benjamin Franklin Bancorp, M.H.C.)
Disability Benefit. If Upon the Executive terminates employment Executive’s Termination of Employment due to Disability prior to his Normal Retirement AgeDate, the Company shall pay to the Executive the benefit “Disability Benefit” described in this Section 2.3 in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Agreement (Cb Bancshares Inc/Hi)
Disability Benefit. If the Executive terminates employment due to for Disability prior to the Normal Retirement AgeDate, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement4.4.
Appears in 1 contract
Samples: Deferred Incentive Agreement (Home Federal Bancorp Inc)
Disability Benefit. If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section section 2.3 in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Continuation Agreement (Orrstown Financial Services Inc)
Disability Benefit. If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 2.5 in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (LaPorte Bancorp, Inc.)
Disability Benefit. If the Executive terminates employment due to for Disability prior to the Normal Retirement AgeDate, the Company shall pay to the Executive the benefit described in this Section 2.3 4.3 in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Deferred Compensation Agreement (Hf Financial Corp)
Disability Benefit. If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 4.3 in lieu of any other benefit under this Agreement.. 299
Appears in 1 contract
Samples: Executive Deferred Compensation Agreement (North Valley Bancorp)
Disability Benefit. If Upon the Executive terminates employment Executive's Termination of Employment due to Disability prior to his Normal Retirement AgeDate, the Company shall pay to the Executive the benefit "Disability Benefit" described in this Section 2.3 3.3 in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Agreement (Cb Bancshares Inc/Hi)
Disability Benefit. If the Executive terminates employment due to Disability prior to attaining Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 2.4 in lieu of any other benefit under this AgreementPlan.
Appears in 1 contract
Disability Benefit. If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit Disability Benefit described in this Section 2.3 5.3 in lieu of any other benefit under this AgreementArticle.
Appears in 1 contract
Samples: Cascade Financial Corp
Disability Benefit. If the Executive terminates employment due to for Disability prior to the Normal Retirement AgeDate, the Company shall pay to the Executive Elective the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement2.3.
Appears in 1 contract
Samples: Continuation Agreement (Dimeco Inc)
Disability Benefit. If the Executive terminates employment due to Disability 311 prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 4.3 in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Rivers Bank Executive Deferred Compensation Agreement (North Valley Bancorp)
Disability Benefit. If the Executive terminates employment due to Employment for Disability prior to the Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 4.4 in lieu of any other benefit under under, this Agreement.
Appears in 1 contract
Disability Benefit. If the Executive terminates employment due to Disability prior to before Normal Retirement Age, the Company ARH shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Salary Continuation Agreement (American River Holdings)
Disability Benefit. If the Executive terminates employment experiences a Termination of Service due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 4.3 in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Deferred Compensation Agreement (Coastal Banking Co Inc)
Disability Benefit. If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement, provided however, in the event the Company determines (1) the Executive could have been Terminated for Cause as provided in 5.2 for conduct or omissions occurring during the term of employment or (2) the Executive has violated the restrictive covenant set forth in Section 5.3, the Company shall have no obligation to make future payments as of the date of the Company’s determination.
Appears in 1 contract
Samples: Continuation Agreement (Codorus Valley Bancorp Inc)
Disability Benefit. If the Executive terminates employment due to incurs a Termination of Employment following Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 (the “Disability Benefit”) in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Consumers National Bank (Consumers Bancorp Inc /Oh/)
Disability Benefit. If the Executive terminates employment due to for Disability prior to the Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 4.3 in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Incentive Retirement Agreement (Ridgestone Financial Services Inc)
Disability Benefit. If the Executive terminates employment due to because of Disability prior to the Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 4.3 in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Conway National Bank Phantom Stock Agreement (CNB Corp /Sc/)
