Common use of Early Termination Benefit Clause in Contracts

Early Termination Benefit. If Early Termination occurs, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 62 contracts

Samples: Salary Continuation Agreement (Home Bancorp, Inc.), Supplemental Executive Retirement Agreement (SBT Bancorp, Inc.), Salary Continuation Agreement (Home Bancorp, Inc.)

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Early Termination Benefit. If Upon Early Termination occursTermination, the Bank shall distribute pay to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this ArticleAgreement.

Appears in 34 contracts

Samples: Laurel Savings Bank (Laurel Capital Group Inc), Salary Continuation Agreement (Beverly National Corp), Continuation Agreement (Beverly National Corp)

Early Termination Benefit. If Upon Early Termination occursTermination, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 32 contracts

Samples: Salary Continuation Agreement (Orrstown Financial Services Inc), Continuation Agreement (National Bankshares Inc), Salary Continuation Agreement (Orrstown Financial Services Inc)

Early Termination Benefit. If Upon Early Termination occursTermination, the Bank shall distribute pay to the Executive the benefit described in this Section 2.2 in lieu instead of any other benefit under this ArticleAgreement.

Appears in 22 contracts

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

Early Termination Benefit. If Upon Early Termination occursTermination, the Bank shall distribute pay to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 16 contracts

Samples: Supplemental Executive Retirement Agreement (BCSB Bancorp Inc.), Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc)

Early Termination Benefit. If Subject to Sections 2.5 and 2.6, upon Early Termination occursTermination, the Company and the Bank shall distribute jointly and severally pay to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 13 contracts

Samples: Employment Agreement (1st United Bancorp, Inc.), Employment Agreement (1st United Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (1st United Bancorp, Inc.)

Early Termination Benefit. If Upon the Executive’s Early Termination occursTermination, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 10 contracts

Samples: Supplemental Executive Retirement Agreement (Fentura Financial Inc), Old Line Bank Salary Continuation Agreement (Old Line Bancshares Inc), Supplemental Executive Retirement Agreement (Fentura Financial Inc)

Early Termination Benefit. If After Early Termination occursTermination, the Bank shall distribute pay to the Executive the benefit described in this Section 2.2 in lieu instead of any other benefit under this ArticleAgreement.

Appears in 10 contracts

Samples: Salary Continuation Agreement (Midcarolina Financial Corp), Salary Continuation Agreement (Midcarolina Financial Corp), Salary Continuation Agreement (Midcarolina Financial Corp)

Early Termination Benefit. If Early Termination occurs, the Bank shall distribute to the Executive Participant the benefit described in this Section 2.2 3.2 in lieu of any other benefit under this Article.

Appears in 9 contracts

Samples: Performance Driven Plan (First Ulb Corp.), Performance Driven Plan (First Ulb Corp.), Performance Driven Plan (First Ulb Corp.)

Early Termination Benefit. If For Early Termination occursTermination, the Bank shall distribute pay to the Executive the benefit described in this Section 2.2 in lieu instead of any other benefit under this ArticleAgreement.

Appears in 8 contracts

Samples: Salary Continuation Agreement (Capital Corp of the West), Salary Continuation Agreement (Capital Corp of the West), Salary Continuation Agreement (Capital Corp of the West)

Early Termination Benefit. If Upon Early Termination occurs, the Bank shall distribute pay to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this ArticleAgreement.

Appears in 7 contracts

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

Early Termination Benefit. If Upon the Executive's Early Termination occursTermination, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 7 contracts

Samples: Retirement Agreement (Fentura Financial Inc), Salary Continuation Agreement (Beach First National Bancshares Inc), Retirement Agreement (Fentura Financial Inc)

Early Termination Benefit. If Early Termination occurs, the Bank shall distribute to the Executive Director the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 6 contracts

Samples: Director Retirement Agreement (Berkshire Hills Bancorp Inc), Supplemental Retirement Plan (Ameriana Bancorp), Supplemental Retirement Plan (Ameriana Bancorp)

Early Termination Benefit. If Early Termination occurs, the Bank Company shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 6 contracts

Samples: Salary Continuation Agreement (Tib Financial Corp.), Continuation Agreement (Floridian Financial Group Inc), Salary Continuation Agreement (Floridian Financial Group Inc)

Early Termination Benefit. If Upon Early Termination occursTermination, the Bank shall distribute pay to the Executive the benefit described in this Section 2.2 2.3 in lieu of any other benefit under this ArticleAgreement.

Appears in 4 contracts

Samples: Retirement Plan Agreement (Community Heritage Financial, Inc.), Supplemental Executive (Community Heritage Financial, Inc.), Continuation Agreement (Columbia Bancorp \Or\)

Early Termination Benefit. If Early Termination occurs, the Bank shall distribute to the Executive Director the benefit described in this Section ·2.2 in lieu of any other benefit under this Article.

Appears in 4 contracts

Samples: Continuation Plan Agreement (Rhinebeck Bancorp, Inc.), Continuation Plan Agreement (Rhinebeck Bancorp, Inc.), Continuation Plan Agreement (Rhinebeck Bancorp, Inc.)

Early Termination Benefit. If Upon Early Termination occursas defined in Section 1.7, the Bank shall distribute pay to the Executive the benefit described in this Section 2.2 in lieu 2.2(a) instead of any other benefit under this ArticleAgreement.

Appears in 4 contracts

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

Early Termination Benefit. If Upon the Executive's Early Termination occursTermination, the Bank shall distribute to the Executive the benefit described in this Section 2.2 4.3 in lieu of any other benefit under this ArticleAgreement.

Appears in 3 contracts

Samples: Compensation Agreement (Greene County Bancshares Inc), Compensation Agreement (Greene County Bancshares Inc), Compensation Agreement (Greene County Bancshares Inc)

Early Termination Benefit. If Early Termination occurs, the Bank shall distribute to the Executive the benefit described in this Section 2.2 2.3 in lieu of any other benefit under this Article.

Appears in 3 contracts

Samples: Salary Continuation Agreement (Mutualfirst Financial Inc), Salary Continuation Agreement (Mutualfirst Financial Inc), Salary Continuation Agreement (River Valley Bancorp)

Early Termination Benefit. If Upon the Executive’s Early Termination occursTermination, the Bank shall distribute pay to the Executive the benefit Early Termination Benefit, as described in this Section 2.2 2.2, in lieu of any other benefit under this Article.

Appears in 3 contracts

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

Early Termination Benefit. If Upon Early Termination occursTermination, the Bank shall distribute to the Executive Employee the benefit described in this Section 2.2 4.3 in lieu of any other benefit under this Article.

Appears in 3 contracts

Samples: Deferred Bonus Agreement (Cascade Bancorp), Deferred Bonus Agreement (Cascade Bancorp), Deferred Bonus Agreement (Cascade Bancorp)

Early Termination Benefit. If Subject to Section 2.4.4, upon the occurrence of an Early Termination occursTermination, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

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/)

Early Termination Benefit. If Upon Early Termination occursTermination, the Bank shall distribute pay to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Articleagreement.

Appears in 3 contracts

Samples: Commerce Salary Continuation Agreement (Bank of Commerce Holdings), Commerce Salary Continuation Agreement (Bank of Commerce Holdings), Salary Continuation Agreement (Bank of Commerce Holdings)

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Early Termination Benefit. If Upon the occurrence of an Early Termination occursTermination, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Habersham Bancorp), Continuation Agreement (Dimeco Inc)

Early Termination Benefit. If Early Involuntary Termination or Early Voluntary Termination occurs, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.), Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.)

Early Termination Benefit. If Upon the occurrence of an Early Termination occursTermination, the Bank Corporation shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Habersham Bancorp), Supplemental Executive Retirement Plan Agreement (Habersham Bancorp)

Early Termination Benefit. If Early Termination occurs, the Bank shall distribute to the Executive the benefit described in this Section 2.2 4.2 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Executive Deferred Compensation Agreement (Riverview Financial Corp), Long Term Incentive Agreement (Nara Bancorp Inc)

Early Termination Benefit. If Upon Early Termination occursTermination, the Bank shall distribute pay to the Executive the benefit described in this Section 2.2 in lieu of any other benefit Lifetime Benefits under this ArticleAgreement.

Appears in 2 contracts

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

Early Termination Benefit. If Upon Early Termination occursTermination, the Bank shall ------------------------- distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Pacific Premier (Pacific Premier Bancorp Inc), Pacific Premier (Pacific Premier Bancorp Inc)

Early Termination Benefit. If Upon Early Termination occursTermination, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 2 contracts

Samples: Supplemental Employee Retirement Plan (Cascade Bancorp), Supplemental Employee Retirement Plan (Cascade Bancorp)

Early Termination Benefit. If Upon the Executive's Early Termination occursTermination, the -------------------------- Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Retirement Agreement (Community Partners Bancorp)

Early Termination Benefit. If Upon Early Termination occursTermination, the Bank shall distribute to the Executive the benefit described in this Section 2.2 2.3 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Supplemental Employee Retirement Plan (Cascade Bancorp)

Early Termination Benefit. If Early Termination occurs, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.. Bank of the Xxxxx Salary Continuation Agreement

Appears in 1 contract

Samples: Continuation Agreement (Bank of the James Financial Group Inc)

Early Termination Benefit. If Upon Early Termination occursTermination, the Bank shall distribute to the Executive Employee the benefit described in this Section 2.2 4.2 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Cascades Deferred Compensation Agreement (Cascade Bancorp)

Early Termination Benefit. If Early Termination occurs, the Bank shall distribute to the Executive the -------------------------- benefit described in this Section 2.2 2.3 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: MFB Financial Salary Continuation Agreement (MFB Corp)

Early Termination Benefit. If Early Termination occurs, the Bank shall distribute to the Executive Director the benefit described in this Section 2.2 4.2 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Neighborhood Community Bank (Newnan Coweta Bancshares Inc)

Early Termination Benefit. If Early Termination occurs, the Bank shall distribute to the Executive the benefit described in this Section 2.2 1.2 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Cambridge Bancorp)

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