Common use of Early Retirement Benefit Clause in Contracts

Early Retirement Benefit. If the Executive Separates from Service before the Executive’s Normal Retirement Date for reasons other than death and a Change of Control has not occurred, the Bank shall pay to the Executive the benefit described in this Section 2.2.

Appears in 11 contracts

Samples: Acnb Bank (Acnb Corp), Acnb Bank (Acnb Corp), Acnb Bank (Acnb Corp)

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Early Retirement Benefit. If the Executive Separates from Service obtains the Early Retirement Date and, before the Executive’s Normal Retirement Date Age, experiences a Termination of Employment for reasons other than death and a Change of Control has not occurredor Disability, the Bank shall pay to the Executive the benefit described in this Section 2.2.

Appears in 4 contracts

Samples: Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.), Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.), Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.)

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