Normal Retirement Benefit. Upon Separation from Service on or after the Normal Retirement Date, the Company shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.
Appears in 8 contracts
Samples: Continuation Agreement (Tri County Financial Corp /Md/), Continuation Agreement (Tri County Financial Corp /Md/), Salary Continuation Agreement (Community Financial Corp /Md/)
Normal Retirement Benefit. Upon Separation from Termination of Service on or after the Normal Retirement DateAge, the Company shall distribute to the Executive Director the benefit described in this Section 2.1 in lieu of any other benefit under this Article.
Appears in 7 contracts
Samples: Director Retirement Agreement (Ohio Valley Banc Corp), Director Retirement Agreement (Ohio Valley Banc Corp), Director Retirement Agreement (Ohio Valley Banc Corp)
Normal Retirement Benefit. Upon Separation from Service on or after the Normal Retirement Date, the Company shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.
Appears in 7 contracts
Samples: Salary Continuation Agreement (Ohio Valley Banc Corp), Continuation Agreement (First Community Financial Corp), Salary Continuation Agreement (First Keystone Corp)
Normal Retirement Benefit. Upon Following a Separation from Service on or after the Executive’s Normal Retirement DateAge, the Company Bank shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.
Appears in 7 contracts
Samples: Salary Continuation Agreement (Home Bancorp, Inc.), Continuation Agreement (Home Bancorp, Inc.), Salary Continuation Agreement (Home Bancorp, Inc.)
Normal Retirement Benefit. Upon Separation from Service on or after the attaining Normal Retirement DateAge, the Company shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.
Appears in 6 contracts
Samples: Salary Continuation Agreement (Tib Financial Corp.), Salary Continuation Agreement (Tib Financial Corp.), Salary Continuation Agreement (Floridian Financial Group Inc)
Normal Retirement Benefit. Upon Separation from Service for any reason other than Termination for Cause on or after the Normal Retirement DateAge, or upon Separation from Service due to Disability prior to Normal Retirement Age, the Company Bank shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.
Appears in 6 contracts
Samples: Ottawa Savings Bank Salary Continuation Agreement (Ottawa Savings Bancorp, Inc.), Salary Continuation Agreement (Ottawa Savings Bancorp, Inc.), Salary Continuation Agreement (Ottawa Savings Bancorp, Inc.)
Normal Retirement Benefit. Upon Separation from Service on or after the attaining Normal Retirement DateAge, the Company Corporation shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.
Appears in 5 contracts
Samples: Supplemental Executive Retirement Agreement (CenterState Banks, Inc.), Supplemental Executive Retirement Agreement (CenterState Banks, Inc.), Supplemental Executive Retirement Agreement (CenterState Banks, Inc.)
Normal Retirement Benefit. Upon Separation from Service on or after the Executive reaching Normal Retirement DateAge while in the active service of the Company, the Company shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Sierra Bancorp), Continuation Agreement (West Pointe Bancorp Inc), Continuation Agreement (West Pointe Bancorp Inc)
Normal Retirement Benefit. Upon If Separation from From Service occurs on or after the Normal Retirement DateDate and prior to a Change of Control, the Company shall distribute pay to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article2.1.
Appears in 3 contracts
Samples: Executive Supplemental Income Agreement (Peoples Financial Corp /MS/), Executive Supplemental Income Agreement (Peoples Financial Corp /MS/), Executive Supplemental Income Agreement (Peoples Financial Corp /MS/)
Normal Retirement Benefit. Upon Separation from Service on or after the Normal Retirement Date, the Company shall distribute (or commence to distribute) to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Nexity Financial Corp), Salary Continuation Agreement (Nexity Financial Corp)
Normal Retirement Benefit. Upon Separation from Service on or after the Normal Retirement DateAge for reasons other than death, the Company and the Bank shall distribute jointly and severally pay to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Plan Agreement (1st United Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (1st United Bancorp, Inc.)
Normal Retirement Benefit. Upon Separation from Service on or after the Normal Retirement Date, the Company shall distribute to the Executive the benefit described in this Section 2.1 3.1 in lieu of any other benefit under this Article.
Appears in 1 contract
Samples: Executive Deferred Compensation Agreement (Centerstate Banks of Florida Inc)
Normal Retirement Benefit. Upon Separation from Service on or after the attaining Normal Retirement DateRetirement, the Company Bank shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.
Appears in 1 contract
Samples: Salary Continuation Agreement (Camco Financial Corp)
Normal Retirement Benefit. Upon If Separation from Service occurs on or after the Normal Retirement DateAge, the Company shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.
Appears in 1 contract
