Common use of Voluntary Early Termination Benefit Clause in Contracts

Voluntary Early Termination Benefit. Upon Voluntary Early Termination, the Bank shall pay to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 5 contracts

Samples: Supplemental Executive Retirement Agreement (North Penn Bancorp, Inc.), Supplemental Executive Retirement Agreement (New North Penn Bancorp Inc), Supplemental Executive Retirement Agreement (North Penn Bancorp, Inc.)

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Voluntary Early Termination Benefit. Upon Voluntary Early Termination, the Bank shall pay to the Executive the benefit described in this Section 2.2 2.3 in lieu of any other benefit under this ArticleAgreement.

Appears in 4 contracts

Samples: Supplemental Executive Retirement Agreement (LaPorte Bancorp, Inc.), Supplemental Executive Retirement Agreement (LaPorte Bancorp, Inc.), Supplemental Executive Retirement Agreement (LaPorte Bancorp, Inc.)

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Voluntary Early Termination Benefit. Upon Voluntary Early Termination, the Bank shall pay distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

Appears in 1 contract

Samples: Ameriana Bancorp

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