Common use of Normal Retirement Benefit Clause in Contracts

Normal Retirement Benefit. Upon Termination of Service on or after Normal Retirement Age, the Company shall distribute to the Director the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 8 contracts

Sources: 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 Termination of Separation from Service on or after the Normal Retirement AgeDate, the Company shall distribute to the Director Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 8 contracts

Sources: Salary Continuation Agreement (Community Financial Corp /Md/), Salary Continuation Agreement (Community Financial Corp /Md/), Salary Continuation Agreement (Community Financial Corp /Md/)

Normal Retirement Benefit. Upon Termination of Service on or after Normal Retirement AgeService, the Company shall distribute to the Director the benefit described in this Section 2.1 4.1 in lieu of any other benefit under this Article.

Appears in 7 contracts

Sources: Director Deferred Fee Agreement (Ohio Valley Banc Corp), Director Deferred Fee Agreement (Ohio Valley Banc Corp), Director Deferred Fee Agreement (Ohio Valley Banc Corp)

Normal Retirement Benefit. Upon Termination of Service on or after Normal Retirement Age, Ag; the Company shall distribute pay to the Director the benefit described in this Section 2.1 in lieu of any other benefit under this Article.Agreement

Appears in 5 contracts

Sources: Director Retirement Agreement (Cortland Bancorp Inc), Director Retirement Agreement (Cortland Bancorp Inc), Director Retirement Agreement (Cortland Bancorp Inc)

Normal Retirement Benefit. Upon Termination of Service on or after the Normal Retirement AgeAge for reasons other than death, the Company shall distribute pay to the Director the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 3 contracts

Sources: Director Retirement Agreement (Community Financial Corp /Va/), Director Compensation Agreement (Redwood Empire Bancorp), Salary Continuation Agreement (Appalachian Bancshares Inc)

Normal Retirement Benefit. Upon For Termination of Service on or after Normal Retirement Age, the Company shall distribute pay to the Director the benefit described in this Section 2.1 in lieu instead of any other benefit under this ArticleAgreement.

Appears in 2 contracts

Sources: Director Retirement Agreement (Cortland Bancorp Inc), Director Retirement Agreement (Cortland Bancorp Inc)

Normal Retirement Benefit. Upon Termination of Service on or after the Normal Retirement AgeDate for reasons other than death, the Company shall distribute pay to the Director the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 2 contracts

Sources: Director Retirement Agreement (Oak Valley Bancorp), Director Retirement Agreement (Oak Valley Bancorp)

Normal Retirement Benefit. Upon Termination of Service on or after the Normal Retirement AgeDate, the Company shall distribute to the Director the benefit described in this Section 2.1 in lieu of any other benefit under this Article.

Appears in 2 contracts

Sources: Director Retirement Agreement (Sierra Bancorp), Director Retirement Agreement (Plumas Bancorp)

Normal Retirement Benefit. Upon Termination of Separation from Service on or after Normal Retirement AgeAge for reasons other than death, the Company shall distribute pay to the Director the benefit described in this Section 2.1 in lieu of any other benefit under this ArticleAgreement.

Appears in 1 contract

Sources: Director Retirement Agreement (Cape Bancorp, Inc.)

Normal Retirement Benefit. Upon Termination of Service on or after Normal Retirement Age, the Company shall distribute pay to the Director the benefit described in this Section 2.1 in lieu of any other benefit under this ArticleAgreement.

Appears in 1 contract

Sources: Director Retirement Agreement (Cortland Bancorp Inc)