Common use of Disability Benefit Clause in Contracts

Disability Benefit. For Termination of Employment because of Disability before the Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 instead of any other benefit under this Agreement.

Appears in 8 contracts

Sources: Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc)

Disability Benefit. For Upon Termination of Employment because of due to Disability before the prior to Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 instead in lieu of any other benefit under this AgreementArticle.

Appears in 8 contracts

Sources: Salary Continuation Agreement (Peoples Federal Bancshares, Inc.), Salary Continuation Agreement (Peoples Federal Bancshares, Inc.), Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc)

Disability Benefit. For Upon Termination of Employment because of due to Disability before the Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 instead of any other benefit under this Agreement.

Appears in 7 contracts

Sources: Salary Continuation Agreement, Salary Continuation Agreement (Crescent Financial Corp), Salary Continuation Agreement (Crescent Financial Corp)

Disability Benefit. For Upon Termination of Employment because of Service due to Disability before the prior to Normal Retirement Age, the Bank shall pay to the Executive Director the benefit described in this Section 2.3 instead in lieu of any other benefit under this AgreementArticle.

Appears in 7 contracts

Sources: Director Retirement Agreement (Peoples Federal Bancshares, Inc.), Director Retirement Agreement (Peoples Federal Bancshares, Inc.), Director Retirement Agreement (Peoples Federal Bancshares, Inc.)

Disability Benefit. For Upon Termination of Employment because of due to Disability before the prior to Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 instead 2.4 in lieu of any other benefit under this AgreementArticle.

Appears in 5 contracts

Sources: Supplemental Executive Retirement Agreement (New North Penn Bancorp Inc), Supplemental Executive Retirement Agreement (North Penn Bancorp, Inc.), Supplemental Executive Retirement Agreement (North Penn Bancorp, Inc.)

Disability Benefit. For Upon the Executive’s Termination of Employment because of due to Disability before the prior to Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 instead 2.3, in lieu of any other benefit under this AgreementArticle.

Appears in 4 contracts

Sources: Salary Continuation Agreement (Appalachian Bancshares Inc), Salary Continuation Agreement (Appalachian Bancshares Inc), Salary Continuation Agreement (Appalachian Bancshares Inc)

Disability Benefit. For Termination of Employment because of Upon Disability before the prior to Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 instead in lieu of any other benefit under this AgreementArticle.

Appears in 3 contracts

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

Disability Benefit. For Termination of Employment of the Executive because of Disability before the Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 instead of any other benefit under this Agreement.

Appears in 3 contracts

Sources: Salary Continuation Agreement (Unizan Financial Corp), Salary Continuation Agreement (Unizan Financial Corp), Salary Continuation Agreement (Unizan Financial Corp)

Disability Benefit. For Upon Termination of Employment because of Disability before the Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 instead of any other benefit under this Agreement.

Appears in 3 contracts

Sources: Salary Continuation Agreement (Bank of Wilmington CORP), Salary Continuation Agreement (Bank of Wilmington CORP), Salary Continuation Agreement (Bank of Wilmington CORP)

Disability Benefit. For Termination Upon the Executive’s termination of Employment because of Disability employment before the Normal Retirement AgeAge due to the Executive’s Disability, the Bank shall pay to the Executive the benefit described described, in this Section 2.3 instead of any other benefit under this Agreement2.3.

Appears in 2 contracts

Sources: Salary Continuation Agreement (Ocean Shore Holding Co), Salary Continuation Agreement (Ocean Shore Holding Co)

Disability Benefit. For After Termination of Employment because of Disability before the Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 instead of any other benefit under this Agreement.

Appears in 2 contracts

Sources: Salary Continuation Agreement, Salary Continuation Agreement (Citizens South Banking Corp)

Disability Benefit. For Upon Termination of Employment because of due to Disability before the Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 instead in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Sources: Salary Continuation Agreement (American River Bankshares), Salary Continuation Agreement (American River Bankshares)

Disability Benefit. For Upon the Executive's Termination of Employment because of due to Disability before the prior to Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 instead 4.5 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Sources: Executive Deferred Compensation Agreement (PSB Holdings Inc /Wi/)

Disability Benefit. For Upon Termination of Employment because of due to Disability before the prior to Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 instead in lieu of any other benefit under this Agreement.

Appears in 1 contract

Sources: Executive Salary Continuation Agreement (Columbia Bancorp \Or\)

Disability Benefit. For Upon Termination of Employment of the Executive because of Disability before the Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 instead of any other benefit under this Agreement.

Appears in 1 contract

Sources: Salary Continuation Agreement (Unb Corp/Oh)

Disability Benefit. For After Termination of Employment because of due to Disability before the Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 3.4 instead of any other benefit under this AgreementPlan.

Appears in 1 contract

Sources: Supplemental Executive Retirement Plan (Lake Shore Bancorp, Inc.)

Disability Benefit. For Upon Termination of Employment because of due to Disability before prior to the Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 instead 4.4 in lieu of any other benefit under this AgreementArticle.

Appears in 1 contract

Sources: Executive Deferred Incentive Agreement (Home Federal Bancorp Inc)

Disability Benefit. For Upon Termination of Employment because of Disability before the Normal Retirement AgeDate, the Bank shall pay to the Executive the benefit described in this Section 2.3 instead of any other benefit under this Agreement.

Appears in 1 contract

Sources: Salary Continuation Agreement (Bank of Wilmington CORP)