Common use of Supplemental Compensation Clause in Contracts

Supplemental Compensation. The Bank and the Executive acknowledge that they have entered into a Supplemental Executive Retirement Plan dated August 1, 2004, which provides supplemental compensation benefits to the Executive payable upon retirement or as otherwise set forth in such Plan. Notwithstanding any provision of such Plan, no right of continued employment or any modification of the “at will” nature of the Executive’s employment with BCH and/or the Bank shall be conferred upon the Executive thereunder or result therefrom.

Supplemental Compensation. The Bank and the Executive acknowledge that they have entered into a Supplemental Executive Retirement Plan dated August 1, 2004, which provides supplemental compensation benefits to the Executive payable upon retirement or as otherwise set forth in such Plan. Notwithstanding any provision of such Plan, no right of continued employment or any modification of the “"at will” " nature of the Executive’s 's employment with BCH and/or the Bank shall be conferred upon the Executive thereunder or result therefrom.