Voluntary Early Termination Benefit. Upon a Voluntary Early Termination, the Executive may receive a benefit from the Company. Any benefit paid under this Section 2.2 shall be paid in lieu of any other benefit under this Agreement.
Appears in 4 contracts
Samples: Continuation Agreement (Cornerstone Bancorp Inc), Continuation Agreement (Cornerstone Bancorp Inc), Continuation Agreement (Cornerstone Bancorp Inc)
Voluntary Early Termination Benefit. Upon a Voluntary voluntary Early Termination, the Company shall pay to the Executive may receive a the benefit from the Company. Any benefit paid under described in this Section 2.2 shall be paid in lieu of any other benefit under this Agreement.
Appears in 2 contracts
Samples: Continuation Agreement (Southern Community Bancorp), Continuation Agreement (Southern Community Bancorp)
Voluntary Early Termination Benefit. Upon a Voluntary Early Termination, the Company shall pay to the Executive may receive a the benefit from the Company. Any benefit paid under described in this Section 2.2 shall be paid in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Continuation Agreement (Benjamin Franklin Bancorp, M.H.C.)
Voluntary Early Termination Benefit. Upon a Voluntary Early Termination, the Company shall pay to the Executive may receive a the benefit from the Company. Any benefit paid under described in this Section 2.2 shall be paid 2.3 in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (LaPorte Bancorp, Inc.)
Voluntary Early Termination Benefit. Upon a Voluntary Early Termination, the Company shall pay to the Executive may receive a the benefit from the Company. Any benefit paid under described in this Section 2.2 shall be paid 2.4 in lieu of any other benefit under this AgreementArticle.
Appears in 1 contract
Samples: Salary Continuation Agreement (Community Financial Corp /Va/)
