Hardship Distribution. The Company may make a hardship distribution under the circumstances described in Section 8.11.1 below. Any such distribution shall require the adjustment described in Section 8.11.2 to any amounts to be paid under Sections 2.1, 2.2, 2.3 or 2.4 or Article 3.
Appears in 18 contracts
Samples: Continuation Agreement (United Security Bancshares Inc), Director Retirement Agreement (United Security Bancshares Inc), Continuation Agreement (United Security Bancshares Inc)
Hardship Distribution. The Company may make a hardship distribution under the circumstances described in Section 8.11.1 2.4.1 below. Any such distribution shall require the adjustment described in Section 8.11.2 2.4.2 to any amounts to be paid under Sections 2.1, 2.2, 2.2 or 2.3 or 2.4 or Article 3.
Appears in 7 contracts
Samples: Plumas Bank Director Retirement Agreement (Plumas Bancorp), Retirement Agreement (Plumas Bancorp), Director Retirement Agreement (Plumas Bancorp)
Hardship Distribution. The Company may make a hardship distribution under the circumstances described in Section 8.11.1 2.8.1 below. Any such distribution shall require the adjustment described in Section 8.11.2 2.8.2 to any amounts to be paid under Sections 2.1, 2.2, 2.3 Article 2 or 2.4 or Article 3.
Appears in 2 contracts
Samples: Continuation Agreement (First South Bancorp Inc), Continuation Agreement (First South Bancorp Inc)
