Common use of Service Ratio Clause in Contracts

Service Ratio. For the purposes of this Agreement, the "Service Ratio" shall be a fraction, the numerator of which shall be the number of full months the Executive has been employed by the Bank since the Effective Date of this Agreement, and the denominator of which shall be one hundred twenty (120).

Appears in 2 contracts

Samples: Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.), Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.)

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Service Ratio. For the purposes of this Agreement, the "Service Ratio" shall be a fraction, the numerator of which shall be the number of full months the Executive has been employed by the Bank since the Effective Date of this Agreement, and the denominator of which shall be one hundred twenty (120).

Appears in 2 contracts

Samples: Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.), Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.)

Service Ratio. For the purposes of this Agreement, the "Service Ratio" shall be a fraction, the numerator of which shall be the number of full months the Executive has been employed by the Bank since the Effective Date of this Agreement, and the denominator of which shall be one hundred twenty Sixty (12060).

Appears in 1 contract

Samples: Supplemental Compensation Agreement (Columbia Banking System Inc)

Service Ratio. For the purposes of this Agreement, the "Service Ratio" shall be a fraction, the numerator of which shall be the number of full months the Executive has been employed by the Bank since the Effective Date of this Agreement, and the denominator of which shall be one hundred twenty One Hundred Twenty (120).

Appears in 1 contract

Samples: Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.)

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Service Ratio. For the purposes of this Agreement, the "Service Ratio" shall be a fraction, the numerator of which shall be the number of full months the Executive has been employed by the Bank since the Effective Date beginning of this Agreementthe Service Period, and the denominator of which shall be one hundred twenty (120).

Appears in 1 contract

Samples: Executive Supplemental Compensation Agreement (California BanCorp)

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