Normal Retirement Benefit. If the Director terminates service on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Director the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement.
Appears in 16 contracts
Samples: Incentive Retirement Agreement (Smithtown Bancorp Inc), Incentive Retirement Agreement (Smithtown Bancorp Inc), Director Incentive Retirement Agreement (First Litchfield Financial Corp)
Normal Retirement Benefit. If the Director terminates service Upon Termination of Service on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Director the benefit described in this Section 4.1 2.1 in lieu of any other benefit under this Agreement.
Appears in 10 contracts
Samples: Elgin Financial Savings Bank (Efc Bancorp Inc), Elgin Financial Savings Bank Director Retirement Agreement (Efc Bancorp Inc), Elgin Financial Savings Bank (Efc Bancorp Inc)
Normal Retirement Benefit. If the Director terminates service Upon Termination of Service on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Director the benefit described in this Section 4.1 2.1 in lieu of any other benefit under this Agreement.
Appears in 9 contracts
Samples: Director Retirement Agreement (Sierra Bancorp), Director Retirement Agreement (Sierra Bancorp), Agreement (Sierra Bancorp)
Normal Retirement Benefit. If the Director terminates service Upon Termination of Service on or after the Normal Retirement Age Date for reasons other than death, the Company shall pay to the Director the benefit described in this Section 4.1 2.1 in lieu of any other benefit under this Agreement.
Appears in 8 contracts
Samples: Plumas Bank (Plumas Bancorp), Plumas Bank (Plumas Bancorp), Director Retirement Agreement (Plumas Bancorp)
Normal Retirement Benefit. If the Director terminates service on or after the Normal Retirement Age Date for reasons other than death, Disability or Change of Control, the Company shall pay to the Director the benefit described in this Section 4.1 2.1 in lieu of any other benefit under this Agreement.
Appears in 7 contracts
Samples: Director Retirement Agreement (Fc Banc Corp), Director Retirement Agreement (Fc Banc Corp), Director Retirement Agreement (Fc Banc Corp)
Normal Retirement Benefit. If the Director terminates service Upon Termination of Service on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Director the benefit described in this Section 4.1 2.1 in lieu of any other benefit under this AgreementArticle.
Appears in 3 contracts
Samples: Director Compensation Agreement (Redwood Empire Bancorp), Community Bank Director Retirement Agreement (Community Financial Corp /Va/), Salary Continuation Agreement (Appalachian Bancshares Inc)
Normal Retirement Benefit. If the Director terminates service on or after the Normal Retirement Age Date, and for reasons other than deathdeath or Disability, the Company Bank shall pay to the Director the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement2.1.
Appears in 2 contracts
Samples: Director Retirement Agreement (Lawrence Financial Holdings Inc), Lawrence Financial Holdings Inc
Normal Retirement Benefit. If the Director terminates service on or Director's Termination of Services occurs after the Normal Early Retirement Age Date for reasons other than deathdeath or Disability, the Company shall pay to the Director the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement.
Appears in 2 contracts
Samples: Trust Director Deferred Fee Agreement (Southern Michigan Bancorp Inc), Trust Director Deferred Fee Agreement (Southern Michigan Bancorp Inc)
Normal Retirement Benefit. If the Director terminates service on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Director the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement.Section
Appears in 1 contract
Samples: Director Incentive Retirement Agreement (First Litchfield Financial Corp)
Normal Retirement Benefit. If the Director terminates service employment on or after the Normal Retirement Age Date for reasons other than death, the Company shall pay to the Director the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement4.1.
Appears in 1 contract
Samples: Director Deferred Compensation Agreement (HCSB Financial Corp)
Normal Retirement Benefit. If the Director terminates service on or after the Normal Retirement Age for reasons other than deathDate, the Company shall pay to the Director the benefit described in this Section 4.1 in lieu of any other benefit under this Agreement2.1. 2.1.
Appears in 1 contract
Samples: Retirement Agreement (City National Bancshares Corp)
