Common use of Primary Benefit Clause in Contracts

Primary Benefit. The benefit under this Section 3.3.1 is the Deferral Account balance at end of the Plan Year immediately preceding the Director's Termination of Service. The Company shall pay the primary benefit in ten (10) equal annual installments (without adjustment for interest or earnings during such period) commencing on the first day of the month following the Director's Termination of Service.

Primary Benefit. The benefit under this Section 3.3.1 3.1.1 is the Deferral Account balance at end of the Plan Year immediately preceding the Director's Termination of ServiceNormal Retirement Date. The Company shall pay the primary benefit in ten (10) equal annual installments (without adjustment for interest or earnings during such period) commencing on the first day of the month following the Director's Termination of Service.

Primary Benefit. The benefit under this Section 3.3.1 4.1.1 is the Deferral Account balance at end of the Plan Year immediately preceding the Directordirector's Termination of Servicedeath. The Company shall pay the primary benefit in ten (10) equal annual installments (without adjustment for interest or earnings during such period) commencing on the first day of the month following the Director's Termination of Servicedeath.

Primary Benefit. The benefit under this Section 3.3.1 3.1.1 is the Deferral Account balance at end of the Plan Year Anniversary immediately preceding the Director's Termination of ServiceNormal Retirement Date. The Company shall pay the primary benefit in ten (10) 15 equal annual installments (without adjustment for interest or earnings during such period) commencing on the first day of the month following the Director's Termination of ServiceNormal Retirement Date.

Primary Benefit. The benefit under this Section 3.3.1 3.1.1 is the Deferral Account balance at the end of the Plan Year immediately preceding the Director's Termination of ServiceNormal Retirement Date. The Company shall pay the primary benefit in ten (10) equal annual installments (without adjustment for interest or earnings during such period) commencing on the first day of the month following the Director's ’s Termination of Service.

Primary Benefit. The benefit under this Section 3.3.1 is the Deferral Account balance at the end of the Plan Year immediately preceding the Director's ’s Termination of Service. The Company shall pay the primary benefit in ten (10) equal annual installments (without adjustment for interest or earnings during such period) commencing on the first day of the month following the Director's ’s Termination of Service.

Primary Benefit. The benefit under this Section 3.3.1 3.2.1 is the Deferral Account balance at the end of the Plan Year immediately preceding the Director's ’s Termination of ServiceService multiplied by the Vesting Percentage. The Company shall pay the primary benefit in ten (10) equal annual installments (without adjustment for interest or earnings during such period) commencing on the first day of the month following the Director's ’s Termination of Service.