Common use of Disability Benefit Clause in Contracts

Disability Benefit. If the Director terminates service as a Director due to Disability prior to Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement.

Appears in 20 contracts

Samples: Director Deferred Fee Agreement (Madison County Financial, Inc.), Director Deferred Fee Agreement (Madison County Financial, Inc.), Director Deferred Fee Agreement (Luxemburg Bancshares Inc)

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Disability Benefit. If the Director terminates service as a Director due to for Disability prior to the Early Retirement Age or Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 4.4 in lieu of any other benefit under this Agreement.

Appears in 17 contracts

Samples: Incentive Retirement Agreement (Smithtown Bancorp Inc), Incentive Retirement Agreement (Smithtown Bancorp Inc), Agreement (First Litchfield Financial Corp)

Disability Benefit. If Upon the Director terminates service as a Director due to Disability Director’s Termination of Service prior to Normal Retirement AgeAge due to Disability, the Company shall pay to the Director the benefit described in this Section 4.3 2.3 in lieu of any other benefit under this Agreement.

Appears in 8 contracts

Samples: Agreement (Sierra Bancorp), Director Retirement Agreement (Sierra Bancorp), Director Retirement Agreement (Sierra Bancorp)

Disability Benefit. If the Director terminates service as a Director due to Director’s Separation from Service occurs because of Disability prior to before Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu section 2.3 instead of any other benefit under this Agreement.

Appears in 8 contracts

Samples: Bancorp Amended Director Retirement Agreement (Cortland Bancorp Inc), Bancorp Amended Director Retirement Agreement (Cortland Bancorp Inc), Bancorp Director Retirement Agreement (Cortland Bancorp Inc)

Disability Benefit. If the Director terminates service as experiences a Director due to Disability prior to Normal Retirement AgeAge which results in Termination of Service, the Company shall pay distribute to the Director the benefit described in this Section 4.3 2.2 in lieu of any other benefit under this AgreementArticle.

Appears in 7 contracts

Samples: Director Retirement Agreement (Ohio Valley Banc Corp), Director Retirement Agreement (Ohio Valley Banc Corp), Director Retirement Agreement (Ohio Valley Banc Corp)

Disability Benefit. If the Director terminates service as a Director due to Upon Termination of Service for Disability prior to the Normal Retirement Benefit Age, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement.

Appears in 7 contracts

Samples: Director Deferred Fee Agreement (Penns Woods Bancorp Inc), Director Deferred Fee Agreement (Penns Woods Bancorp Inc), Fee Agreement (Penns Woods Bancorp Inc)

Disability Benefit. If the Director terminates service as a Director due to a Disability prior to the Normal Retirement AgeDate, the Company shall pay to the Director the benefit described in this Section 4.3 2.3 in lieu of any other benefit under this Agreement.

Appears in 7 contracts

Samples: Director Retirement Agreement (Fc Banc Corp), Director Retirement Agreement (Fc Banc Corp), Director Retirement Agreement (Fc Banc Corp)

Disability Benefit. If the Director terminates service as a Director due to because of Disability prior to before the Normal Retirement Age, the Company Bank shall pay to the Director the benefit described in this Section 4.3 in lieu instead of any other benefit under this Agreement.

Appears in 6 contracts

Samples: Income Deferral Agreement (Bank of Wilmington CORP), Income Deferral Agreement (Bank of Wilmington CORP), Income Deferral Agreement (Bank of Wilmington CORP)

Disability Benefit. If the Director terminates service as a Director Upon Termination of Service due to Disability prior to the Normal Retirement Benefit Age, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement.

Appears in 6 contracts

Samples: Fee Agreement (First Community Financial Corp), Fee Agreement (First Community Financial Corp), Fee Agreement (First Community Financial Corp)

Disability Benefit. If the Director terminates service as a Director due to Disability prior to Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 2.3 in lieu of any other benefit under this Agreement.

Appears in 5 contracts

Samples: Bancorp Director Retirement Agreement (Cortland Bancorp Inc), Bancorp Director Retirement Agreement (Cortland Bancorp Inc), Bancorp Director Retirement Agreement (Cortland Bancorp Inc)

Disability Benefit. If the Director terminates service as a Director due to director for Disability prior to the Normal Retirement AgeTermination Date, the Company Bank shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement4.2.

Appears in 5 contracts

Samples: Plumas Bank (Plumas Bancorp), Plumas Bank (Plumas Bancorp), Plumas Bank (Plumas Bancorp)

Disability Benefit. If the Director terminates service as a Director Service due to Disability prior to Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 2.3 in lieu of any other benefit under this Agreement.

Appears in 4 contracts

Samples: Elgin Financial Savings Bank (Efc Bancorp Inc), Elgin Financial Savings Bank Director Retirement Agreement (Efc Bancorp Inc), Elgin Financial Savings Bank (Efc Bancorp Inc)

Disability Benefit. If the Director terminates service as a Director due to because of Disability prior to before the Normal Retirement Age, the Company Bank shall pay to the Director the benefit described in this Section 4.3 in lieu instead of any other benefit under this Amended Agreement.

Appears in 4 contracts

Samples: Director Deferred Compensation Agreement (Newmil Bancorp Inc), Director Deferred Compensation Agreement (Newmil Bancorp Inc), Director Deferred Compensation Agreement (Newmil Bancorp Inc)

Disability Benefit. If the Director terminates service as a Director due to director for Disability prior to the Normal Retirement AgeDate, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement4.3.

Appears in 4 contracts

Samples: Deferred Fee Agreement (Harvard Illinois Bancorp, Inc.), Director Deferred Fee Agreement (Ohio Valley Banc Corp), Fee Agreement (Citizens First Bancorp Inc)

Disability Benefit. If the Director terminates service as a Director due to Disability prior to Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 2.3 in lieu of any other benefit under this Agreement.

Appears in 3 contracts

Samples: Agreement (Oak Valley Bancorp), Director Retirement Agreement (Orrstown Financial Services Inc), Director Retirement Agreement (Cortland Bancorp Inc)

Disability Benefit. If the Director terminates service as a Director due to for Disability prior to Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement.

Appears in 3 contracts

Samples: Director Deferred Fee Agreement (First Georgia Community Corp), Fee Agreement (Tib Financial Corp), Director Deferred Fee Agreement (First Georgia Community Corp)

Disability Benefit. If the Director terminates service as a Director due to Disability prior to Normal Retirement Age, the Company Bank shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Director Deferred Compensation Agreement (Newmil Bancorp Inc), Director Deferred Compensation Agreement (Newmil Bancorp Inc)

Disability Benefit. If the Director terminates service as a Director due to Disability Director's Termination of Service prior to Normal Retirement AgeAge is due to Disability, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Agreement (Cooperative Bankshares Inc), Agreement (Cooperative Bankshares Inc)

Disability Benefit. If the Director terminates service as a Director due to director for Disability prior to Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement4.3.

Appears in 2 contracts

Samples: Deferred Fee Agreement (Central Valley Community Bancorp), Clovis Community Bank (Central Valley Community Bancorp)

Disability Benefit. If the Director terminates service as a Director due to Disability prior to Normal Retirement Age, the Company Bank shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Amended Agreement.

Appears in 2 contracts

Samples: Director Deferred Compensation Agreement (Newmil Bancorp Inc), Director Deferred Compensation Agreement (Newmil Bancorp Inc)

Disability Benefit. If the Director terminates service as a Director due to director for Disability prior to the Normal Retirement AgeDate, the Company Bank shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement4.3.

Appears in 2 contracts

Samples: Fee Agreement (First Shares Bancorp Inc), Deferred Compensation Agreement (Capital Corp of the West)

Disability Benefit. If the Director terminates service as a Director due to Disability prior to Normal Retirement AgeDate, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Trust Director Deferred Fee Agreement (Southern Michigan Bancorp Inc), Trust Director Deferred Fee Agreement (Southern Michigan Bancorp Inc)

Disability Benefit. If the Director terminates service as a Director due to for Disability prior to Normal Retirement Age, the Company shall pay to the Director director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Fee Agreement (Valley National Corp /De/), Fee Agreement (Valley National Corp /De/)

Disability Benefit. If the Director terminates service as a Director due to because of Disability prior to before the Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu 2.3 instead of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Bancorp Director Retirement Agreement (Cortland Bancorp Inc), Bancorp Director Retirement Agreement (Cortland Bancorp Inc)

Disability Benefit. If the Director terminates service as a Director due to director for Disability prior to the Normal Retirement Age, Termination Date the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement4.2.

Appears in 1 contract

Samples: Deferred Fee Agreement (San Joaquin Bancorp)

Disability Benefit. If the Director terminates service as a Director due to Disability prior to the Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 5.2 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Deferred Incentive Agreement (Home Federal Bancorp Inc)

Disability Benefit. If the Director terminates service as a Director due to Disability prior to Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Deferred Fee Agreement (Iowa First Bancshares Corp)

Disability Benefit. If the Director terminates service as a Director due to Disability prior to Normal Retirement Age, other than following a Change of Control, the Company Bank shall pay to the Director the benefit described in this Section 4.3 2.3 in lieu of any other benefit Lifetime Benefits under this Agreement.

Appears in 1 contract

Samples: Dutchfork Bancshares Inc

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Disability Benefit. If the Director terminates service as a Director due to Disability prior to Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 in In lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Fee Agreement (First Community Bancshares Inc /In)

Disability Benefit. If the Director terminates service as a Director due to director for Disability prior to Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 4.3. in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Director Deferred Fee Agreement (First Northern Community Bancorp)

Disability Benefit. If the Director terminates service as a Director due to director for Disability prior to the Normal Retirement AgeDate, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement.4.3. 4.3.1

Appears in 1 contract

Samples: Fee Agreement (Orange National Bancorp)

Disability Benefit. If the Director terminates service as a Director due to director for Disability prior to Normal Retirement Agehis Distribution Date, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement4.3.

Appears in 1 contract

Samples: Deferred Fee Agreement (Appalachian Bancshares Inc)

Disability Benefit. If the Director terminates service as a Director due to director for Disability prior to Normal Retirement Agethe normal retirement date, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement.4.3. 4.3.1

Appears in 1 contract

Samples: Deferred Fee Agreement (Lafayette Bancorporation)

Disability Benefit. If the Director terminates service as a Director due to for Disability prior to Normal Retirement Age, the Company shall pay to the Director t othe Diretor the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Fee Agreement (Community Valley Bancorp)

Disability Benefit. If the Director terminates service incurs a Termination of Service as a Director due to for Disability prior to Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Director Deferred Fee Agreement (Fairfield County Bank Corp.)

Disability Benefit. If the Director terminates service as a Director due to Disability Director's Termination of Service prior to Normal Retirement AgeAge is due to Disability, the Company shall pay to the Director the benefit described in this Section 4.3 2.3 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Agreement (Cooperative Bankshares Inc)

Disability Benefit. If the Director terminates service as incurs a Director Termination of Service due to a Disability prior to Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 2.3 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Oak Valley Community Bank (Oak Valley Bancorp)

Disability Benefit. If the Director terminates service as a Director due to for Disability prior to the Normal Retirement AgeDate, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement2.3.

Appears in 1 contract

Samples: Lawrence Financial Holdings Inc

Disability Benefit. If the Director terminates service as experiences a Director Termination of Service due to Disability prior to Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Deferred Fee Agreement (Coastal Banking Co Inc)

Disability Benefit. If the Director terminates service as a Director due to director for Disability prior to the earlier of the Distribution Date or the Normal Retirement AgeDate, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement4.3.

Appears in 1 contract

Samples: Fee Agreement (Regency Bancorp)

Disability Benefit. If the Director terminates service as a Director due to director for Disability prior to the earlier of the Distribution Date or the Normal Retirement AgeDate, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement.4.3. 4

Appears in 1 contract

Samples: Fee Agreement (Regency Bancorp)

Disability Benefit. If the Director terminates service as a Director Service due to Disability prior to Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 2.2 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Retirement Agreement (Ohio Valley Banc Corp)

Disability Benefit. If the Director terminates service as a Director due to Disability prior to Normal Retirement Age, the Company Bank shall pay to the Director the benefit described in this Section section 4.3 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Deferred Fee Agreement (California Independent Bancorp)

Disability Benefit. If the Director terminates service as a Director due to employment for Disability prior to the Normal Retirement AgeDate, the Company shall pay to the Director the benefit described in this Section 4.3 in lieu of any other benefit under this Agreement4.3.

Appears in 1 contract

Samples: Director Deferred Compensation Agreement (HCSB Financial Corp)

Disability Benefit. If the Director terminates service as a Director due to Disability prior to Normal Retirement Age, the Company shall pay to the Director the benefit described in this Section 4.3 4.4 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: 2005 Director Deferred Fee Agreement (Luxemburg Bancshares Inc)

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