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

Samples: Continuation Agreement (Cortland Bancorp Inc), Continuation Agreement (Cortland Bancorp Inc), Continuation Agreement (Cortland Bancorp Inc)

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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

Samples: Salary Continuation Agreement (Peoples Federal Bancshares, Inc.), Salary Continuation Agreement (Peoples Federal Bancshares, Inc.), 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 6 contracts

Samples: Salary Continuation Agreement (BNC Bancorp), Salary Continuation Agreement (Crescent Financial Corp), Salary Continuation Agreement (BNC Bancorp)

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

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

Samples: Continuation Agreement (Appalachian Bancshares Inc), Continuation Agreement (Appalachian Bancshares Inc), Continuation Agreement (Appalachian Bancshares Inc)

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

Appears in 4 contracts

Samples: Salary Continuation Agreement (Southern First Bancshares Inc), Salary Continuation Agreement (Greenville First Bancshares Inc), Salary Continuation Agreement (Grandsouth Bancorporation)

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

Appears in 4 contracts

Samples: Amended Salary Continuation Agreement (Southern Community Financial Corp), Amended Salary Continuation Agreement (Southern Community Financial Corp), Amended Salary Continuation Agreement (Southern Community Financial Corp)

Disability Benefit. For Termination of Employment Upon Separation from Service 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

Samples: Salary Continuation Agreement (Oak Ridge Financial Services, Inc.), Salary Continuation Agreement (Oak Ridge Financial Services, Inc.), Salary Continuation Agreement (Oak Ridge Financial Services, Inc.)

Disability Benefit. For Termination of Employment If the Executive terminates employment because of Disability before the Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.3 2.2 instead of any other benefit under this Agreement.

Appears in 3 contracts

Samples: Continuation Agreement (American River Bankshares), Dollar Agreement (American River Bankshares), Continuation Agreement (American River Bankshares)

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

Samples: Continuation Agreement (Unizan Financial Corp), Continuation Agreement (Unizan Financial Corp), Dollar 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

Samples: 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

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

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

Samples: Continuation Agreement (American River Bankshares), Continuation Agreement (American River Bankshares)

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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

Samples: Salary Continuation Agreement (Bank of Wilmington CORP)

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 1 contract

Samples: Continuation Agreement (Citizens South Banking Corp)

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

Samples: Continuation Agreement (Unb Corp/Oh)

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

Samples: 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

Samples: Continuation Agreement (Columbia Bancorp \Or\)

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

Samples: 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

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

Disability Benefit. For Termination of Employment If the Executive terminates employment because of Disability before the a 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

Samples: Salary Continuation Agreement (First Northern Community Bancorp)

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