Common use of Retirement Clause in Contracts

Retirement. This Agreement will terminate upon Executive’s retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise.

Appears in 57 contracts

Samples: First Advantage Bancorp Employment Agreement (First Advantage Bancorp), Employment Agreement (Northeast Community Bancorp Inc), Agreement (Chicopee Bancorp, Inc.)

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Retirement. This Agreement will terminate shall be terminated upon Executive’s retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise.

Appears in 57 contracts

Samples: Employment Agreement (Newport Bancorp Inc), Employment Agreement (New England Bancshares, Inc.), Agreement of Merger (Kentucky First Federal Bancorp)

Retirement. This Agreement will terminate shall be terminated upon Executive’s 's retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise.

Appears in 23 contracts

Samples: Agreement of Merger (Frankfort First Bancorp Inc), Employment Agreement (Cheviot Financial Corp), Employment Agreement (Kentucky First Federal Bancorp)

Retirement. This Agreement will terminate upon Executive’s retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise. Executive will receive the compensation due to him through his retirement date.

Appears in 10 contracts

Samples: Employment Agreement (Chicopee Bancorp, Inc.), Year Employment Agreement (Chicopee Bancorp, Inc.), Year Employment Agreement (Chicopee Bancorp, Inc.)

Retirement. This Agreement will terminate upon Executive’s retirement under in accordance with the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise.

Appears in 8 contracts

Samples: Employment Agreement (CBM Bancorp, Inc.), Employment Agreement (CBM Bancorp, Inc.), Employment Agreement (CBM Bancorp, Inc.)

Retirement. This Notwithstanding anything in this Agreement will to the contrary, this Agreement shall terminate upon Executive’s the retirement of the Executive under the retirement benefit plan or plans in which he participates pursuant to under Section 6 of this Agreement or otherwise.

Appears in 7 contracts

Samples: Employment Agreement (Yardville National Bancorp), Employment Agreement (Yardville National Bancorp), Employment Agreement (Yardville National Bancorp)

Retirement. This Agreement will terminate shall be terminated upon Executive’s retirement under the retirement benefit plan or plans in which he she participates pursuant to Section 6 of this Agreement or otherwise.

Appears in 6 contracts

Samples: Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp)

Retirement. This Agreement will terminate shall be terminated upon Executive’s retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise. Executive will receive the compensation due to him through his retirement date.

Appears in 6 contracts

Samples: Year Employment Agreement (Liberty Bancorp Inc), Employment Agreement (Liberty Bancorp Inc), Year Employment Agreement (Newport Bancorp Inc)

Retirement. This Agreement will shall terminate upon Executive’s retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise.

Appears in 6 contracts

Samples: Employment Agreement (BV Financial, Inc.), Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc)

Retirement. This Agreement will terminate shall be terminated upon Executive’s the retirement of the Executive under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise. For all other purposes, the Executive's termination of employment at retirement shall be treated in the same manner as if he voluntarily terminated employment pursuant to Section 10(f).

Appears in 5 contracts

Samples: Employment Agreement (Coastal Financial Corp /De), Employment Agreement (Coastal Financial Corp /De), Employment Agreement (Coastal Financial Corp /De)

Retirement. This Agreement will terminate shall be terminated upon Executive’s retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwiseparticipates.

Appears in 4 contracts

Samples: North Penn Bank And (North Penn Bancorp, Inc.), North Penn Bank And (North Penn Bancorp, Inc.), North Penn Bank And (North Penn Bancorp, Inc.)

Retirement. This Agreement will shall terminate upon Executive’s retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwiseparticipates.

Appears in 4 contracts

Samples: Employment Agreement (North Penn Bancorp Inc), Employment Agreement (North Penn Bancorp Inc), North Penn Bank And (North Penn Bancorp Inc)

Retirement. This Agreement will shall terminate upon Executive’s retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise. Notwithstanding the foregoing, in the event the Executive retires on or after the attainment of age 65, the Bank will provide the Executive and at the Executive’s election his spouse, with medical coverage for five (5) years following his retirement date.

Appears in 4 contracts

Samples: Employment Agreement (BV Financial, Inc.), Employment Agreement (BV Financial, Inc.), Employment Agreement (BV Financial, Inc.)

Retirement. This Agreement will terminate shall be terminated upon Executive’s 's retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwiseparticipates.

Appears in 4 contracts

Samples: Employment Agreement (North Penn Bancorp, Inc.), North Penn Bank And (North Penn Bancorp, Inc.), Employment Agreement (North Penn Bancorp, Inc.)

Retirement. This Agreement will terminate upon Executive’s retirement under in accordance with the retirement benefit plan or plans in which he she participates pursuant to Section 6 of this Agreement or otherwise.

Appears in 4 contracts

Samples: Employment Agreement (CBM Bancorp, Inc.), Employment Agreement (CBM Bancorp, Inc.), Employment Agreement (CBM Bancorp, Inc.)

Retirement. This Agreement will shall terminate upon Executive’s retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise. Notwithstanding the foregoing, in the event the Executive retires on or after the attainment of age 65, the Company will provide the Executive and at the Executive’s election his spouse, with medical coverage for five (5) years following his retirement date.

Appears in 3 contracts

Samples: Employment Agreement (BV Financial, Inc.), Employment Agreement (BV Financial, Inc.), Employment Agreement (BV Financial, Inc.)

Retirement. This Agreement will terminate upon Executive’s retirement “Retirement” under the retirement benefit plan or plans of the Bank in which he participates pursuant the Executive participates. Executive will not be entitled to Section the termination benefits specified in Sections 6 or 7 hereof in the event of this Agreement or otherwisetermination due to Retirement.

Appears in 3 contracts

Samples: Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc)

Retirement. This Agreement will terminate upon Executive’s retirement under the retirement benefit plan or plans in which he she participates pursuant to Section 6 of this Agreement or otherwise.

Appears in 3 contracts

Samples: Northeast Community Bank (Northeast Community Bancorp Inc), Colonial Federal Savings (CFSB Bancorp, Inc. /MA/), Colonial Federal Savings (CFSB Bancorp, Inc. /MA/)

Retirement. This Agreement will terminate upon Executive’s retirement under the retirement benefit plan or plans in which he Executive participates pursuant to Section 6 2(c) of this Agreement or otherwise. Upon any termination for retirement, Executive will receive all Accrued Compensation.

Appears in 3 contracts

Samples: Employment Agreement (Hampden Bancorp, Inc.), Employment Agreement (Hampden Bancorp, Inc.), Employment Agreement (Hampden Bancorp, Inc.)

Retirement. This Agreement will terminate shall be terminated upon Executive’s 's retirement under the retirement benefit plan or plans in which he she participates pursuant to Section 6 of this Agreement or otherwise.

Appears in 2 contracts

Samples: Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp)

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Retirement. This Agreement will terminate upon Executive’s 's retirement under the retirement benefit plan or plans in which he Executive participates pursuant to Section 6 2(c) of this Agreement or otherwise. Upon any termination for retirement, Executive will receive all Accrued Compensation.

Appears in 2 contracts

Samples: Employment Agreement (Hampden Bancorp, Inc.), Employment Agreement (Hampden Bancorp, Inc.)

Retirement. This Agreement will terminate shall be terminated upon Executive’s 's ---------- retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise.

Appears in 2 contracts

Samples: Employment Agreement (New England Bancshares Inc), Employment Agreement (New England Bancshares Inc)

Retirement. This Agreement will terminate upon Executive’s retirement “Retirement” under the retirement benefit plan or plans of the Bank in which he participates pursuant participates. Executive will not be entitled to Section the termination benefits specified in Sections 6 or 7 hereof in the event of this Agreement or otherwisetermination due to Retirement.

Appears in 1 contract

Samples: Employment Agreement (BCB Bancorp Inc)

Retirement. This Agreement will terminate shall be terminated upon Executive’s retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise. Upon his retirement, he shall be entitled to the retirement benefit set forth in Section 10(a) of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (New England Bancshares, Inc.)

Retirement. This Agreement will shall terminate upon Executive’s 's retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise.

Appears in 1 contract

Samples: Employment Agreement (FedFirst Financial CORP)

Retirement. This Agreement will shall terminate upon ---------- Executive’s 's retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise.

Appears in 1 contract

Samples: Employment Agreement (FedFirst Financial CORP)

Retirement. This Agreement will terminate upon Executive’s retirement “Retirement” under the retirement benefit plan or plans of the Bank in which he participates pursuant the Executive participates. Executive will not be entitled to Section the termination benefits specified in Sections 6 or 7 hereof in the event of this Agreement or otherwise.termination due to Retirement. 3

Appears in 1 contract

Samples: Employment Agreement (BCB Bancorp Inc)

Retirement. This Agreement will shall terminate upon Executive’s 's ---------- retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise.

Appears in 1 contract

Samples: Employment Agreement (FedFirst Financial CORP)

Retirement. This Agreement will shall terminate upon Executive’s retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise, in which case Executive shall receive any unpaid Base Salary and commission due to him through the Termination Date, paid in accordance with regular payroll practices.

Appears in 1 contract

Samples: Employment Agreement (FedFirst Financial CORP)

Retirement. This Agreement will terminate shall be terminated upon ---------- Executive’s 's retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise.

Appears in 1 contract

Samples: Agreement of Merger (Frankfort First Bancorp Inc)

Retirement. This Agreement will terminate upon Executive’s retirement under the retirement benefit plan or plans in which he she participates pursuant to Section 6 of this Agreement or otherwise. Executive will receive the compensation due to her through her retirement date.

Appears in 1 contract

Samples: Chicopee Savings Bank (Chicopee Bancorp, Inc.)

Retirement. This Agreement will terminate shall be terminated upon Executive’s 's retirement under the retirement benefit plan or plans in which he participates pursuant to Section 6 of this Agreement or otherwise. Upon his retirement, he shall be entitled to the retirement benefit set forth in Section 10(a) of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (New England Bancshares, Inc.)

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