Distribution of Benefit. The Bank shall distribute the benefit to the Executive in one hundred twenty (120) equal monthly installments commencing on or around the fifteenth day of the month following Termination of Employment.
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 benefit to the Executive in one hundred twenty (120) equal monthly installments commencing on or around the fifteenth day of the month following Termination of EmploymentNormal Retirement Age.
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 benefit to the Executive in one hundred twenty eighty (120180) equal consecutive monthly installments commencing on or around the fifteenth first day of the first month following Termination of EmploymentSeparation from Service.
Appears in 6 contracts
Samples: Deferred Compensation Agreement (Tower Bancorp Inc), Deferred Compensation Agreement (Tower Bancorp Inc), Deferred Compensation Agreement (Tower Bancorp Inc)
Distribution of Benefit. The Bank shall distribute the benefit to the Executive in one hundred twenty eighty (120180) equal monthly installments commencing on or around the fifteenth first day of the month following Termination of EmploymentSeparation from Service.
Appears in 5 contracts
Samples: Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.), Salary Continuation Agreement (River Valley Bancorp), Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.)
Distribution of Benefit. The Bank shall distribute the benefit to the Executive in one hundred twenty (120) consecutive equal monthly installments commencing on or around the fifteenth day of the month following Termination of EmploymentNormal Retirement Age.
Appears in 3 contracts
Samples: Compensation Agreement (Greene County Bancshares Inc), Compensation Agreement (Greene County Bancshares Inc), Compensation Agreement (Greene County Bancshares Inc)
Distribution of Benefit. The Bank shall distribute the benefit to the Executive in one two hundred twenty forty (120240) equal monthly installments commencing on or around the fifteenth first day of the month following Termination of EmploymentSeparation from Service.
Appears in 2 contracts
Samples: Supplemental Employee Retirement Plan (Cascade Bancorp), Supplemental Employee Retirement Plan (Cascade Bancorp)
Distribution of Benefit. The Bank shall distribute the benefit to the Executive in one hundred twenty thirty-six (12036) equal monthly installments commencing on or around the fifteenth day of the month within sixty (60) days following Termination of EmploymentSeparation from Service.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Mutualfirst Financial Inc), MFB Financial Salary Continuation Agreement (MFB Corp)
Distribution of Benefit. The Bank shall distribute the benefit to the Executive in one hundred twenty eighty (120180) equal monthly installments commencing on or around the fifteenth first day of the month following Termination Separation of EmploymentService.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Mutualfirst Financial Inc), MFB Financial Salary Continuation Agreement (MFB Corp)
Distribution of Benefit. The Bank shall distribute the benefit to the Executive in one hundred twenty eighty (120180) consecutive equal monthly installments commencing on or around the fifteenth first day of the month following Termination of EmploymentSeparation from Service.
Appears in 2 contracts
Samples: Continuation Agreement (Broadway Financial Corp \De\), Salary Continuation Agreement (Broadway Financial Corp \De\)
Distribution of Benefit. The Bank shall distribute the benefit to the Executive in one hundred twenty eighty (120180) consecutive, equal monthly installments commencing on or around the fifteenth first day of the month following Termination of EmploymentSeparation from Service.
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 benefit to the Executive in one hundred twenty (120) equal monthly installments commencing on or around the fifteenth first day of the month following Termination of Employment.
Appears in 1 contract
Samples: Salary Continuation Agreement (Bank of Commerce Holdings)
Distribution of Benefit. The Bank shall distribute the benefit to the Executive in one hundred twenty (120) equal monthly installments commencing on or around the fifteenth first day of the month following Termination of EmploymentSeparation from Service. If there is more than one monthly installment, the monthly installments shall be equal to the extent possible.
Appears in 1 contract
Samples: Deferred Compensation Agreement (Alamogordo Financial Corp)
Distribution of Benefit. The Bank shall distribute the benefit to the Executive in one hundred twenty (120) equal monthly installments commencing on or around the fifteenth day of the month within ninety (90) days following Termination of EmploymentSeparation from Service.
Appears in 1 contract
Samples: Executive Deferred Compensation Agreement (Riverview Financial Corp)
