Normal Retirement. For Separation from Service on or after Normal Retirement Age, the Company shall pay to the Director the benefit described in this section 2.1 instead of any other benefit under this Agreement. However, no benefits shall be payable if this Agreement terminates under Article 5.
Appears in 7 contracts
Samples: Bancorp Amended Director Retirement Agreement (Cortland Bancorp Inc), Director Retirement Agreement (Cortland Bancorp Inc), Bancorp Amended Director Retirement Agreement (Cortland Bancorp Inc)
Normal Retirement. For Separation from Service on or after attaining Normal Retirement Age, the Company shall pay to the Director the benefit described in this section 2.1 instead of any other benefit under this Agreement. However, no benefits shall be payable if this Agreement terminates under Article 5.
Appears in 1 contract
Samples: Bancorp Director Retirement Agreement (Cortland Bancorp Inc)