Common use of Disability Benefit Clause in Contracts

Disability Benefit. If the Executive experiences a Disability prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 43 contracts

Samples: Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.), Salary Continuation Agreement (Bank of Marin Bancorp), Supplemental Executive Retirement Agreement (SBT Bancorp, Inc.)

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Disability Benefit. If the Executive experiences a Disability which results in a Separation from Service prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 24 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Avenue Financial Holdings, Inc.), Salary Continuation Agreement (Orrstown Financial Services Inc), Supplemental Executive Retirement Plan Agreement (Northwest Bancorporation Inc)

Disability Benefit. If the Executive experiences a Executive’s Disability results in Separation from Service prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 10 contracts

Samples: Old Line Bank Salary Continuation Agreement (Old Line Bancshares Inc), Supplemental Executive Retirement Agreement (Fentura Financial Inc), Old Line Bank Salary Continuation Agreement (Old Line Bancshares Inc)

Disability Benefit. If the Executive experiences a Disability which results in a Termination of Employment prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 9 contracts

Samples: Salary Continuation Agreement (Bank of Commerce Holdings), Salary Continuation Agreement (Bank of Commerce Holdings), Salary Continuation Agreement (Bank of Commerce Holdings)

Disability Benefit. If the Executive experiences a Disability which results in a Separation from Service prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 2.4 in lieu of any other benefit under this Article.

Appears in 9 contracts

Samples: Supplemental Executive Retirement Agreement (SCBT Financial Corp), Athens Federal Community Bank Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp), Athens Federal Community Bank Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp)

Disability Benefit. If the Executive experiences a Disability prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 2.4 in lieu of any other benefit under this Article.

Appears in 6 contracts

Samples: Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.), Juniata Valley Bank Salary Continuation Agreement (Juniata Valley Financial Corp), Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.)

Disability Benefit. If the Executive experiences a Disability prior to Normal Retirement Age, the Bank shall distribute pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this ArticleAgreement.

Appears in 5 contracts

Samples: Codorus Valley Bancorp Inc, Codorus Valley Bancorp Inc, Codorus Valley Bancorp Inc

Disability Benefit. If the Executive experiences a Upon Disability prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 5 contracts

Samples: Retirement Agreement (Community Partners Bancorp), Retirement Agreement (Community Partners Bancorp), Retirement Agreement (Community Partners Bancorp)

Disability Benefit. If the Executive experiences a Disability prior to Normal Retirement Age, the Bank shall distribute pay to the Executive the benefit described in this Section 2.3 2.5 in lieu of any other benefit under this ArticleAgreement.

Appears in 4 contracts

Samples: Supplemental Executive Retirement Agreement (LaPorte Bancorp, Inc.), Supplemental Executive Retirement Agreement (LaPorte Bancorp, Inc.), Supplemental Executive Retirement Agreement (LaPorte Bancorp, Inc.)

Disability Benefit. If Upon the Executive experiences a Executive’s Separation from Service due to Disability prior to Normal Retirement Age, the Bank shall distribute pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 4 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc)

Disability Benefit. If the Executive experiences a Upon Disability prior to Normal Retirement Age, the Bank shall distribute pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 3 contracts

Samples: Salary Continuation Agreement (Home Federal Bancorp, Inc.), Continuation Agreement (Home Federal Bancorp, Inc.), Salary Continuation Agreement (Home Federal Bancorp, Inc.)

Disability Benefit. If the Executive experiences a separates from service due to Disability prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 4.4 in lieu of any other benefit under this ArticleAgreement.

Appears in 3 contracts

Samples: Compensation Agreement (Greene County Bancshares Inc), Compensation Agreement (Greene County Bancshares Inc), Compensation Agreement (Greene County Bancshares Inc)

Disability Benefit. If the Executive experiences a Disability prior to the Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 4.3 in lieu of any other benefit under this Article.

Appears in 3 contracts

Samples: Deferred Compensation Agreement (Alamogordo Financial Corp), Deferred Compensation Agreement (Alamogordo Financial Corp), Deferred Compensation Agreement (Alamogordo Financial Corp)

Disability Benefit. If the Executive experiences Executive’s Disability results in a Disability Separation from Service prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 3 contracts

Samples: Salary Continuation Agreement (Enterprise Bancorp Inc /Ma/), Salary Continuation Agreement (Enterprise Bancorp Inc /Ma/), Enterprise Bank and Trust Company (Enterprise Bancorp Inc /Ma/)

Disability Benefit. If the Executive experiences a Executive’s Disability occurs prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 3 contracts

Samples: Two River Community Bank Supplemental Executive Retirement Agreement (Two River Bancorp), Retirement Agreement (Community Partners Bancorp), Retirement Agreement (Community Partners Bancorp)

Disability Benefit. If the Executive experiences a Executive's Disability results in Separation from Service prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 3 contracts

Samples: Retirement Agreement (Community Partners Bancorp), Retirement Agreement (Community Partners Bancorp), Retirement Agreement (Community Partners Bancorp)

Disability Benefit. If the Executive experiences a Disability prior to Normal Retirement AgeAge while in the active service of the Bank, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 3 contracts

Samples: Continuation Agreement (National Bankshares Inc), Continuation Agreement (National Bankshares Inc), Continuation Agreement (National Bankshares Inc)

Disability Benefit. If the Executive experiences a Disability prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this ArticleAgreement.

Appears in 2 contracts

Samples: Salary Continuation Agreement (Beach First National Bancshares Inc), Continuation Agreement (Beach First National Bancshares Inc)

Disability Benefit. If the Executive experiences a Disability prior to Normal Retirement Age, Age the Bank shall distribute to the Executive the benefit described in this Section 2.3 2.4 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Continuation Agreement (Broadway Financial Corp \De\), Salary Continuation Agreement (Broadway Financial Corp \De\)

Disability Benefit. If the Executive experiences a Disability prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in under this Section 2.3 4.3 in lieu of any other benefit under this ArticleAgreement.

Appears in 2 contracts

Samples: Appreciation Rights Agreement (Kinderhook Bank Corp), Appreciation Rights Agreement (Kinderhook Bank Corp)

Disability Benefit. If the Executive experiences a Disability which results ------------------ in a Separation from Service prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Pacific Premier (Pacific Premier Bancorp Inc), Pacific Premier (Pacific Premier Bancorp Inc)

Disability Benefit. If the Executive experiences a Disability prior to Normal Early Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Salary Continuation Agreement (Home Federal Bancorp, Inc.), Salary Continuation Agreement (Home Federal Bancorp, Inc.)

Disability Benefit. If the Executive experiences a Disability prior to Normal Retirement AgeDate, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Salary Continuation Agreement (Guaranty Bancshares Inc /Tx/)

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Disability Benefit. If the Executive experiences a Disability prior to (a) a Separation from Service on or after Normal Retirement Age, or (b) Early Termination, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Salary Continuation Agreement (Home Bancorp, Inc.)

Disability Benefit. If the Executive experiences a Disability which results in Separation from Service prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.. Fairport Savings Bank Supplemental Executive Retirement Agreement

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (FSB Community Bankshares Inc)

Disability Benefit. If the Executive experiences a Disability prior to Normal Retirement Benefit Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 4.3 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Executive Deferred Compensation Agreement (Riverview Financial Corp)

Disability Benefit. If the Executive experiences a Executive's Disability results in Separation from Service prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Retirement Agreement (Community Partners Bancorp)

Disability Benefit. If the Executive experiences a Executive’s Disability results in Separation from Service prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 1.3 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Cambridge Bancorp)

Disability Benefit. If the Executive experiences a Disability prior to Normal Retirement Age, which results in Separation from Service, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Salary Continuation Agreement (Smartfinancial Inc.)

Disability Benefit. If the Executive experiences a Executive’s Disability results in Separation from Service prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 2.4 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Salary Continuation Agreement (Sierra Bancorp)

Disability Benefit. If the Executive experiences a Disability prior to the Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 4.3 in lieu of any other benefit under this Article.. 4.3.1

Appears in 1 contract

Samples: Deferred Compensation Agreement (Bancorp 34, Inc.)

Disability Benefit. If the Executive experiences a Disability which results in a Separation from Service prior to Normal Early Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Salary Continuation Agreement (Eagle Bancorp Montana, Inc.)

Disability Benefit. If the Executive experiences a Disability prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 3.3 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Retirement Income Agreement (Home Federal Bancorp)

Disability Benefit. If the Executive experiences a Disability prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 2.4 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Continuation Agreement (McIntosh Bancshares Inc /Ga/)

Disability Benefit. If the Executive experiences a Disability prior to Normal Retirement AgeRetirement, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Salary Continuation Agreement (Camco Financial Corp)

Disability Benefit. If the Executive experiences a Disability which results in Separation from Service prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (FSB Bancorp, Inc.)

Disability Benefit. If the Executive experiences a Disability which results in a Separation from Service prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.. PEOPLES FEDERAL SAVINGS BANK Amended and Restated Salary Continuation Agreement

Appears in 1 contract

Samples: Continuation Agreement (Peoples Federal Bancshares, Inc.)

Disability Benefit. If the Executive experiences a Executive's Disability results in Separation ------------------- from Service prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Retirement Agreement (Community Partners Bancorp)

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