Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten (10) years commencing on or around the fifteenth day of the fourth month following the Executive’s death. The Beneficiary shall be required to provide to the Bank the Executive’s death certificate.
Appears in 8 contracts
Samples: Salary Continuation Agreement (Bank of Commerce Holdings), Salary Continuation Agreement (Bank of Commerce Holdings), Salary Continuation Agreement (Bank of Commerce Holdings)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten commencing within sixty (1060) years commencing on or around the fifteenth day of the fourth month days following the Executive’s death. The Beneficiary annual benefit shall be required to provide distributed to the Bank the Executive’s death certificateBeneficiary for fifteen (15) years.
Appears in 6 contracts
Samples: Retirement Plan Agreement (Mid Penn Bancorp Inc), Retirement Plan Agreement (Mid Penn Bancorp Inc), Retirement Plan Agreement (Mid Penn Bancorp Inc)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten fifteen (1015) years commencing on or around the fifteenth first day of the fourth month following the Executive’s death. The Beneficiary shall be required to provide to the Bank the Executive’s death certificate.
Appears in 6 contracts
Samples: Supplemental Executive Retirement Agreement (SBT Bancorp, Inc.), Supplemental Executive Retirement Agreement (SBT Bancorp, Inc.), Supplemental Executive Retirement Agreement (SBT Bancorp, Inc.)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten fifteen (1015) years commencing on or around the fifteenth day of the fourth month within sixty (60) days following the Executive’s death. The Beneficiary shall be required to provide to receipt by the Bank of the Executive’s death certificate.
Appears in 6 contracts
Samples: Salary Continuation Agreement (Orrstown Financial Services Inc), Salary Continuation Agreement (Orrstown Financial Services Inc), Salary Continuation Agreement (Orrstown Financial Services Inc)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten fifteen (1015) years commencing on or around the fifteenth day of the fourth month within sixty (60) days following the Executive’s death. The Beneficiary shall be required to provide to the Bank the Executive’s death certificate.
Appears in 5 contracts
Samples: Salary Continuation Agreement (Orrstown Financial Services Inc), Supplemental Executive Retirement Plan Agreement (Avenue Financial Holdings, Inc.), Supplemental Executive Retirement Plan Agreement (Pinnacle Financial Partners Inc)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten twenty (1020) years commencing on or around the fifteenth first day of the fourth month following the Executive’s death. The Beneficiary shall be required to provide to the Bank the Executive’s death certificatecertificate to the Bank.
Appears in 4 contracts
Samples: Supplemental Employee Retirement Plan (Cascade Bancorp), Supplemental Employee Retirement Plan (Cascade Bancorp), Supplemental Employee Retirement Plan (Cascade Bancorp)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten commencing within sixty (1060) years commencing on or around the fifteenth day of the fourth month days following the Executive’s death. The Beneficiary shall be required to provide to receipt by the Bank of the Executive’s death certificate. The annual benefit shall be distributed to the Beneficiary for a period of fifteen (15) years.
Appears in 4 contracts
Samples: Old Line Bank Salary Continuation Agreement (Old Line Bancshares Inc), Old Line Bank Salary Continuation Agreement (Old Line Bancshares Inc), Old Line Bank Salary Continuation Agreement (Old Line Bancshares Inc)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten fifteen (1015) years commencing on or around the fifteenth first day of the fourth month following the Executive’s death. The Beneficiary shall be required to provide to receipt by the Bank of the Executive’s death certificate.
Appears in 4 contracts
Samples: Salary Continuation Agreement (County Bancorp, Inc.), Continuation Agreement (National Bankshares Inc), Salary Continuation Agreement (Broadway Financial Corp \De\)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten commencing within thirty (1030) years commencing on or around the fifteenth day of the fourth month days following the Executive’s death. The Beneficiary shall be required to provide to receipt by the Bank of the Executive’s death certificate. The annual benefit shall be distributed to the Beneficiary for a period of twenty (20) years.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Enterprise Bancorp Inc /Ma/), Enterprise Bank and Trust Company (Enterprise Bancorp Inc /Ma/), Salary Continuation Agreement (Enterprise Bancorp Inc /Ma/)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten (10) years commencing on or around the fifteenth first day of the fourth month following the Executive’s death. The annual benefit shall be distributed to the Beneficiary for fifteen (15) years. The Beneficiary shall be required to provide to the Bank the Executive’s death certificatecertificate to the Bank.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.), Salary Continuation Agreement (Camco Financial Corp), Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten fifteen (1015) years commencing on or around the fifteenth first day of the fourth month following the Executive’s death. The Beneficiary shall be required to provide to the Bank the Executive’s death certificatecertificate to the Bank.
Appears in 3 contracts
Samples: Supplemental Employee Retirement Plan (Cascade Bancorp), Salary Continuation Agreement (Mutualfirst Financial Inc), Salary Continuation Agreement (Mutualfirst Financial Inc)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten fifteen (1015) years commencing on or around the fifteenth first day of the fourth month following the Executive’s death. The Beneficiary shall be required to provide to receipt by the Bank of a certified copy of the Executive’s death certificate.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.), Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten (10) years commencing on or around the fifteenth first day of the fourth month following the ExecutiveDirector’s deathDeath. The Beneficiary shall be required to provide to the Bank the ExecutiveDirector’s death certificate.
Appears in 2 contracts
Samples: Director Retirement Agreement (Mercer Bancorp, Inc.), Director Retirement Agreement (Mercer Bancorp, Inc.)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten (10) years commencing on or around the fifteenth first day of the fourth month following the Executive’s death. The Beneficiary annual benefit shall be required to provide distributed to the Bank the Executive’s death certificateExecutive for fifteen (15) years.
Appears in 2 contracts
Samples: Juniata Valley Bank Salary Continuation Agreement (Juniata Valley Financial Corp), Juniata Valley Bank Salary Continuation Agreement (Juniata Valley Financial Corp)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten commencing within ninety (1090) years commencing on or around the fifteenth day of the fourth month days following the Executive’s death. The annual benefit shall be distributed to the Beneficiary for fifteen (15) years. The Beneficiary shall be required to provide to the Bank the Executive’s death certificate.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Bank of the James Financial Group Inc), Salary Continuation Agreement (Bank of the James Financial Group Inc)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten fifteen (1015) years commencing on or around the fifteenth last day of the fourth month following the Executive’s death. The Beneficiary shall be required to provide to receipt by the Bank of the Executive’s death certificate.
Appears in 2 contracts
Samples: Athens Federal Community Bank Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp), Athens Federal Community Bank Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten commencing within ninety (1090) years commencing on or around the fifteenth day of the fourth month days following the Executive’s death. The Beneficiary annual benefit shall be required to provide distributed to the Bank the Executive’s death certificateBeneficiary for a period of fifteen (15) years.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Agreement (Cambridge Bancorp), Cambridge Trust Company (Cambridge Bancorp)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve sixty (1260) equal monthly installments for ten (10) years commencing on or around the fifteenth first day of the fourth month following the Executive’s death. If there is more than one monthly installment, the monthly installments shall be equal to the extent possible. The Beneficiary shall be required to provide to the Bank the Executive’s death certificate.
Appears in 2 contracts
Samples: Deferred Compensation Agreement (Bancorp 34, Inc.), Deferred Compensation Agreement (Alamogordo Financial Corp)
Distribution of Benefit. The Bank shall distribute pay the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten (10) years commencing on or around commending with the fifteenth day first of the fourth month following the Executive’s death. The Beneficiary annual benefit shall be required to provide paid to the Bank the Executive’s death certificateBeneficiary for a period of fifteen (15) years.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Home Federal Bancorp, Inc.), Salary Continuation Agreement (Home Federal Bancorp, Inc.)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten commencing within sixty (1060) years commencing on or around days of receipt by the fifteenth day Bank of the fourth month following the Executive’s deathdeath certificate. The annual benefit shall be distributed to the Beneficiary for fifteen (15) years. The Beneficiary shall be required to provide to the Bank the Executive’s death certificatecertificate as a condition precedent to receiving payments hereunder.
Appears in 1 contract
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten fifteen (1015) years commencing on or around within sixty (60) days following receipt by the fifteenth day Bank of the fourth month following the Executive’s death. The Beneficiary shall be required to provide to the Bank the Executive’s 's death certificate.
Appears in 1 contract
Samples: Provident Community Bancshares, Inc.
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten (10) years commencing on or around the fifteenth ninetieth (90th) day of the fourth month following the Executive’s death. The Beneficiary shall be required to provide to the Bank the Executive’s death certificateand continuing for twenty (20) years.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Cambridge Bancorp)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten fifteen (1015) years commencing on or around the fifteenth first day of the fourth month following the Executive’s 's death. The Beneficiary shall be required to provide the Executive's death certificate to the Bank the Executive’s death certificateBank.
Appears in 1 contract
Samples: MFB Financial Salary Continuation Agreement (MFB Corp)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten fifteen (1015) years commencing on or around the fifteenth first day of the fourth month following receipt by the Bank of the Executive’s death. The Beneficiary shall be required to provide to the Bank the Executive’s 's death certificate.
Appears in 1 contract
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten twenty (1020) years commencing on or around the fifteenth day of the fourth month ninety days (90) following the Executive’s death. The Beneficiary shall be required to provide to the Bank the Executive’s death certificate.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Agreement (Emclaire Financial Corp)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten (10) years commencing on or around the fifteenth first day of the fourth month following the Executive’s death. The annual benefit shall be distributed to the Beneficiary for ten (10) years. The Beneficiary shall be required to provide to the Bank the Executive’s death certificate.
Appears in 1 contract
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten fifteen (1015) years commencing on or around 60 days following the fifteenth day Bank's receipt of the fourth month following the Executive’s death. The Beneficiary shall be required to provide to the Bank the Executive’s 's death certificate.
Appears in 1 contract
Samples: Continuation Agreement (Dimeco Inc)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten fifteen (1015) years commencing on or around the fifteenth first day of the fourth month following receipt by the Bank of the Executive’s death. The Beneficiary shall be required to provide to the Bank the Executive’s 's death certificate.. 3.2
Appears in 1 contract
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten commencing within sixty (1060) years commencing on or around the fifteenth day of the fourth month days following the Executive’s death. The Beneficiary shall be required to provide to receipt by the Bank of the Executive’s death certificate.. The annual benefit shall be distributed to the Beneficiary for a period of fifteen (15) years. Consumers National Bank Salary Continuation Agreement
Appears in 1 contract
Samples: Salary Continuation Agreement (Consumers Bancorp Inc /Oh/)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten fifteen (1015) years commencing on or around within thirty (30) days following receipt by the fifteenth day Bank of the fourth month following the Executive’s death. The Beneficiary shall be required to provide to the Bank the Executive’s 's death certificate.
Appears in 1 contract
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten commencing within sixty (1060) years commencing on or around the fifteenth day of the fourth month days following the Executive’s death. The annual benefit shall be distributed to the Beneficiary for twenty (20) years. The Beneficiary shall be required to provide to the Bank the Executive’s death certificate.
Appears in 1 contract
Samples: Retirement Plan Agreement (Penseco Financial Services Corp)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten (10) years commencing on or around the fifteenth first day of the fourth month following the Executive’s deathdeath (or, if earlier, the first day of the month following receipt of the Executive’s death certificate). The annual benefit shall be distributed to the Beneficiary for fifteen (15) years. The Beneficiary shall be required to provide to the Bank the Executive’s death certificatecertificate to the Bank.
Appears in 1 contract
Samples: Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten commencing within ninety (1090) years commencing on or around the fifteenth day of the fourth month days following the Executive’s 's death. The Beneficiary annual benefit shall be required to provide distributed to the Bank the Executive’s death certificateBeneficiary for a period of fifteen (15) years.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Cambridge Bancorp)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten fifteen (1015) years commencing on or around the fifteenth first day of the fourth month following the Executive’s 's death. The Beneficiary shall be required to provide to the Bank the Executive’s 's death certificate.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (SBT Bancorp, Inc.)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten five (105) years commencing on or around the fifteenth first day of the fourth month following the Executive’s death. The Beneficiary shall be required to provide to the Bank the Executive’s death certificate.
Appears in 1 contract
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten (10) years commencing on or around the fifteenth first day of the fourth month following the Executive’s death. The Beneficiary shall be required to provide to the Bank the Executive’s death certificate.
Appears in 1 contract
Samples: Salary Continuation Agreement (Bank of Commerce Holdings)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten (10) years commencing on or around the fifteenth first day of the fourth month following the Executive’s death. The Beneficiary shall be required to provide to the Bank the Executive’s death certificatecertificate to the Bank.
Appears in 1 contract
Samples: Salary Continuation Agreement (Camco Financial Corp)
Distribution of Benefit. The Bank shall distribute the annual benefit to the Beneficiary in twelve (12) equal monthly installments for ten commencing within sixty (1060) years commencing on or around the fifteenth day of the fourth month days following the Executive’s death. The annual benefit shall be distributed to the Beneficiary for fifteen (15) years. The Beneficiary shall be required to provide to the Bank the Executive’s death certificate.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Agreement (Peoples Financial Services Corp.)
