Common use of Plan Termination Generally Clause in Contracts

Plan Termination Generally. The Company may unilaterally terminate this Agreement at any time upon 90 days advance written notice to the Director. Except as provided in Treasury Regulation 1.409A-3(j) (4) a payment of deferred compensation may not be accelerated.

Plan Termination Generally. The Company Bank may unilaterally terminate this Agreement at any time upon 90 days advance written notice to the Director. Except as provided in Treasury Regulation 1.409A-3(j) (4) a payment of deferred compensation may not be accelerated.

Plan Termination Generally. The Company Bank may unilaterally terminate this Agreement at any time upon 90 ninety (90) days advance written notice to the Director. Except as provided in Treasury Regulation 1.409A-3(j) (4) a payment of deferred compensation may not be accelerated.

Plan Termination Generally. The Company may unilaterally terminate this Agreement at any time upon 90 ninety (90) days advance written notice to the Director. Except as provided in Treasury Regulation 1.409A-3(j) (4) a payment of deferred compensation may not be accelerated.

Plan Termination Generally. The Company Bank may unilaterally terminate this Agreement at any time upon 90 days advance written notice to the Director. Except as provided in Treasury Regulation 1.409A-3(j) (4) Section 10.3, the termination of this Agreement shall not cause a payment distribution of deferred compensation may not benefits under this Agreement. Rather, upon such termination benefit distributions will be acceleratedmade at the earliest distribution event permitted under Article 4 or Article 5.