One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 74 contracts
Samples: Salary Continuation Agreement (Carolina Bank Holdings Inc), Salary Continuation Agreement (1st Financial Services CORP), Continuation Agreement (Cortland Bancorp Inc)
One Benefit Only. Despite anything to the contrary in this Agreement, the The Executive and Beneficiary are entitled to a benefit under only one benefit only under of Sections 4.1 through 4.6 of this Agreement, which shall be determined by the first event to occur that is dealt with by causes a benefit to be paid under this Agreement. Except as provided in section 2.5 or Article 3, The subsequent occurrence of other events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreementhereunder.
Appears in 8 contracts
Samples: Deferred Compensation Agreement (Peapack Gladstone Financial Corp), Deferred Compensation Agreement (Peapack Gladstone Financial Corp), Deferred Compensation Agreement (Peapack Gladstone Financial Corp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be is determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 33.4, subsequent later occurrence of events dealt with by this Agreement shall do not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 8 contracts
Samples: Middlefield Banking Company (Middlefield Banc Corp), Middlefield Banking Company (Middlefield Banc Corp), Middlefield Banking Company (Middlefield Banc Corp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 33.4, subsequent later occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 8 contracts
Samples: Deferred Compensation Agreement (Middlefield Banc Corp), Compensation Agreement (Middlefield Banc Corp), Compensation Agreement (Middlefield Banc Corp)
One Benefit Only. Despite anything to the contrary in Notwithstanding any provision of this Agreement, the Executive and the Executive’s Beneficiary are entitled to one benefit only under derived from Article 2 of this Agreement, which shall be determined by the first event to occur that is dealt with by Article 2 of this Agreement. Except as provided in section 2.5 or Article 3, subsequent Subsequent occurrence of events dealt with by this Agreement Article 2 shall not entitle the Executive or the Executive’s Beneficiary to other or additional benefits under this Agreementderived from Article 2.
Appears in 6 contracts
Samples: Salary Continuation Plan (Charter Financial Corp), Salary Continuation Plan (Charter Financial Corp/Ga), Salary Continuation Plan (Charter Financial Corp)
One Benefit Only. Despite anything to the any contrary in provision of this Agreement, the Executive and Beneficiary are entitled to one benefit only under Article 2 of this Agreement, which shall be determined by the first event to occur that is dealt with by Article 2 of this Agreement. Except as provided in section 2.5 or Article 3, subsequent Subsequent occurrence of events dealt with by this Agreement Article 2 shall not entitle the Executive or the Executive’s Beneficiary to other or additional benefits under this AgreementArticle 2.
Appears in 6 contracts
Samples: Salary Continuation Plan Agreement (Tennessee Commerce Bancorp, Inc.), Salary Continuation Agreement (Gateway Financial Holdings Inc), Salary Continuation Agreement (Gateway Financial Holdings Inc)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be is determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence occurrences of events dealt with by this Agreement shall do not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 5 contracts
Samples: Continuation Agreement (Cortland Bancorp Inc), Continuation Agreement (Cortland Bancorp Inc), Continuation Agreement (Cortland Bancorp Inc)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 4 contracts
Samples: Salary Continuation Agreement (Fidelity Southern Corp), Salary Continuation Agreement (Fidelity Southern Corp), Salary Continuation Agreement (Fidelity Southern Corp)
One Benefit Only. Despite anything to the contrary in this Agreement, the The Executive and Beneficiary are entitled to only one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by causes a benefit to be paid under this Agreement. Except as provided in section 2.5 or Article 3, The subsequent occurrence of other events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreementhereunder.
Appears in 4 contracts
Samples: Retirement Agreement (MUNCY COLUMBIA FINANCIAL Corp), Deferred Compensation Agreement (Two River Bancorp), Supplemental Executive Retirement Agreement (Two River Bancorp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section Section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 4 contracts
Samples: Amended Salary Continuation Agreement (Southern Community Financial Corp), Amended Salary Continuation Agreement (Southern Community Financial Corp), Salary Continuation Agreement (Southern Community Financial Corp)
One Benefit Only. Despite anything in this Agreement to the contrary in this Agreementcontrary, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 4 contracts
Samples: Continuation Agreement (BNC Bancorp), Continuation Agreement (BNC Bancorp), Continuation Agreement (BNC Bancorp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 33.3, subsequent later occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 4 contracts
Samples: Executive Variable Benefit Deferred Compensation Agreement (Middlefield Banc Corp), Executive Variable Benefit Deferred Compensation Agreement (Middlefield Banc Corp), Executive Variable Benefit Deferred Compensation Agreement (Middlefield Banc Corp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and his Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 33.4, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or his Beneficiary to other or additional benefits under this Agreement.
Appears in 3 contracts
Samples: Compensation Agreement (Middlefield Banc Corp), Compensation Agreement (Middlefield Banc Corp), Compensation Agreement (Middlefield Banc Corp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall will be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 3 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Cardinal Financial Corp), Supplemental Executive Retirement Plan Agreement (Cardinal Financial Corp), Supplemental Executive Retirement Plan Agreement (Cardinal Financial Corp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be is determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall does not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 3 contracts
Samples: Continuation Agreement (Cortland Bancorp Inc), Continuation Agreement (Cortland Bancorp Inc), Continuation Agreement (Cortland Bancorp Inc)
One Benefit Only. Despite anything to the contrary in Notwithstanding any provision of this Agreement, the Executive and the Executive’s Beneficiary are entitled to one benefit only under derived from Article 3 of this Agreement, which shall be determined by the first event to occur that is dealt with by Article 2 of this Agreement. Except as provided in section 2.5 or Article 3, subsequent Subsequent occurrence of events dealt with by this Agreement Article 3 shall not entitle the Executive or the Executive’s Beneficiary to other or additional benefits under this Agreementderived from Article 3.
Appears in 3 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Charter Financial Corp/Ga), Supplemental Executive Retirement Plan Agreement (Charter Financial Corp/Ga), Supplemental Executive Retirement Plan Agreement (Charter Financial Corp/Ga)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 2.6 or Article 3, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 3 contracts
Samples: Amended Salary Continuation Agreement (Home Bancorp Wisconsin, Inc.), 2019 Supplemental Executive Retirement Plan Agreement (Select Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (Select Bancorp, Inc.)
One Benefit Only. Despite anything in this Agreement to the contrary in this Agreementcontrary, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 2 contracts
Samples: Southcoast Community Bank Salary Continuation Agreement (Southcoast Financial Corp), Continuation Agreement (Southcoast Financial Corp)
One Benefit Only. Despite anything to the any contrary in provision of this Agreement, the Executive and any Beneficiary are entitled to one benefit only under Article 2 of this Agreement, which shall be determined by the first event to occur that is dealt with by Article 2 of this Agreement. Except as provided in section 2.5 or Article 3, subsequent Subsequent occurrence of events dealt with by this Agreement Article 2 shall not entitle the Executive or the Executive’s Beneficiary to other or additional benefits under this AgreementArticle 2.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Fraternity Community Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Fraternity Community Bancorp Inc)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be is determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence occurrences of events dealt with by this Agreement shall do not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.. 2.8
Appears in 2 contracts
Samples: Continuation Agreement (BNC Bancorp), Continuation Agreement (BNC Bancorp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section Section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 2 contracts
Samples: Executive Employment Agreement (CBTX, Inc.), Continuation Agreement (CBTX, Inc.)
One Benefit Only. Despite anything to the any contrary provision contained in this Agreement, the Executive and Beneficiary are (or their Beneficiary(ies)) may only become entitled to one (1) benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by under Sections 3 and 4 of this Agreement. Except as provided in section 2.5 or Article 3, The subsequent occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary their Beneficiary(ies) to other or additional benefits under this Agreement.
Appears in 2 contracts
Samples: Executive Supplemental Compensation Agreement (Five Star Bancorp), Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the 5 first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 33.4, subsequent later occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 1 contract
Samples: Southern Michigan Bancorp Inc
One Benefit Only. Despite Notwithstanding anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent Later occurrence of events dealt with by this Agreement shall not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 1 contract
Samples: Supplemental Executive Retirementaccount Agreement (Oceanfirst Financial Corp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall be is determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence occurrences of events dealt with by this Agreement shall do not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.. ARTICLE 3
Appears in 1 contract
Samples: Continuation Agreement (BNC Bancorp)
One Benefit Only. Despite anything to the any contrary in provision of this Agreement, the Executive and Beneficiary are entitled to one benefit only under Article 2 of this Agreement, which shall be determined by the first event to occur that is dealt with by Article 2 of this Agreement. Except as provided in section 2.5 or Article 3, subsequent Subsequent occurrence of events dealt with by this Agreement Article 2 shall not entitle the Executive or the Executive's Beneficiary to other or additional benefits under this AgreementArticle 2.
Appears in 1 contract
Samples: Continuation Agreement (BNC Bancorp)
One Benefit Only. Despite anything to the contrary in this Agreement, the Executive and Beneficiary are entitled to one benefit only under this Agreement, which shall will be determined by the first event to occur that is dealt with by this Agreement. Except as provided in section 2.5 or Article 3, subsequent occurrence of events dealt with by this Agreement shall do not entitle the Executive or Beneficiary to other or additional benefits under this Agreement.
Appears in 1 contract
Samples: Salary Continuation Agreement (Eagle Bancorp Montana, Inc.)
