CORTLAND BANCORP Sample Clauses

CORTLAND BANCORP. By: Xxxx X. Xxxxx ------------------------------------ Title: --------------------------------- BENEFICIARY DESIGNATION CORTLAND BANCORP. DIRECTOR RETIREMENT AGREEMENT
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CORTLAND BANCORP. By: ------------------------------------- ------------------------------------ Xxxxx X. Xxxx Title: --------------------------------- BENEFICIARY DESIGNATION CORTLAND BANCORP. DIRECTOR RETIREMENT AGREEMENT XXXXX X. XXXX I designate the following as beneficiary of any death benefits under this Director Retirement Agreement: Primary: _______________________________________________________________________ ________________________________________________________________________________ Contingent: ____________________________________________________________________ ________________________________________________________________________________ NOTE: TO NAME A TRUST AS BENEFICIARY, PLEASE PROVIDE THE NAME OF THE TRUSTEE(S) AND THE EXACT NAME AND DATE OF THE TRUST AGREEMENT. I understand that I may change these beneficiary designations by filing a new written designation with the Company, I further understand that the designations will be automatically revoked if the beneficiary predeceases me, or, if I have named my spouse as beneficiary and our marriage is subsequently dissolved. Signature: -------------------------- Date: ------------------------------- Received by the Company this ______ day of _______,2001. By: --------------------------------- Title: ------------------------------ February __, 2004 Xx. Xxxxx X. Cole Director Cortland Bancorp 000 Xxxx Xxxx Xxxxxx Xxxxxxxx, Xxxx 00000-0000 RE: LETTER AMENDMENT OF DIRECTOR RETIREMENT AGREEMENT Dear Xx. Xxxx: The purpose of this letter is to memorialize in writing certain changes in your March 1, 2001 Director Retirement Agreement, which I refer to hereinafter as the "Agreement." Cortland Bancorp had been accruing for its liability under the Agreement using an 8.00% accrual rate assumption, but that assumed rate was changed to 6.75% effective on October 1, 2003, reflecting the decline in prevailing interest rates that has persisted since the Agreements were originally entered into. A similar change in the accrual rate assumption was recently made by Cortland Savings and Banking Company for its liability accruals under Salary Continuation Agreements with officers. The changed accrual rate assumption affects anticipated benefit payment amounts, both under the Agreements and under the officers' Salary Continuation Agreements. Just as the Salary Continuation Agreements' Schedules A have been updated to reflect this changed assumption, we propose to replace the Schedule A attached to your Agreement with a new Sche...
CORTLAND BANCORP. By: ------------------------------------- ------------------------------------ Its: ------------------------------------- ----------------------------------- WITNESSES: THE CORTLAND SAVINGS & BANKING COMPANY By: ------------------------------------- ------------------------------------ Its: Chairman of the Board of ------------------------------------- Directors/CEO WITNESSES:
CORTLAND BANCORP. By: ------------------------------------- ------------------------------------ Title: --------------------------------- SPLIT DOLLAR POLICY ENDORSEMENT TO THE CORTLAND BANCORP. SPLIT DOLLAR AGREEMENT Policy No. __________________________ Insured: _______________________________ Supplementing and amending the application for insurance to _______________ ("Insurer") on January 8, 2001 (the application date), the applicant requests and directs that: BENEFICIARIES
CORTLAND BANCORP. By: ------------------------------------- ------------------------------------ Xxxxxxx X.
CORTLAND BANCORP. By: ------------------------------------ Its: ----------------------------------- INDEMNITEE EXHIBIT 1 FORM OF UNDERTAKING THIS UNDERTAKING has been entered into by _______________ ("Indemnitee") pursuant to an Indemnification Agreement dated as of _______________________, 2005 (the "Indemnification Agreement"), by and between Cortland Bancorp, an Ohio corporation (the "Corporation"), and Indemnitee.

Related to CORTLAND BANCORP

  • The Bank 1. shall perform the duties imposed on the Bank under the Ordinance.

  • The Company (ON BEHALF OF ITSELF AND, TO THE FULLEST EXTENT PERMITTED BY LAW, ON BEHALF OF ITS EQUITY HOLDERS AND CREDITORS) HEREBY WAIVES ANY RIGHT TO A TRIAL BY JURY IN RESPECT OF ANY CLAIM BASED UPON, ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT, THE REGISTRATION STATEMENT AND THE PROSPECTUS.

  • The Employer This Agreement shall inure to the benefit of and be binding upon the Employer and its successors and assigns. The Bancorp and the Bank will each require any successor to it (whether direct or indirect, by stock or asset purchase, merger, consolidation or otherwise) or to all or substantially all of its business or assets to assume expressly and agree to perform this Agreement in the same manner and to the same extent it would be required to perform it if no such succession had taken place.

  • Company The term “

  • Parent A parent, legal guardian or person in parental relation to the Student.

  • Employer The term “

  • Bank Holding Company Borrower is not a “bank holding company” or a direct or indirect subsidiary of a “bank holding company” as defined in the Bank Holding Company Act of 1956, as amended, and Regulation Y thereunder of the Board of Governors of the Federal Reserve System.

  • Employers 6.1.1 Every employer shall within one month from the date on which this Agreement comes into operation, if he has not already done so pursuant to any previous agreement, and every employer entering the Industry after that date shall within one month of commencement of operations by him, forward to the General Secretary of the Council a completed registration form in the form specified by the Council from time to time and a registration fee as prescribed in Addendum 1 of this Agreement. Note: This registration form is obtainable from the Council.

  • The Executive This Agreement is personal to the Executive and, without the prior express written consent of the Company, shall not be assignable by the Executive, except that the Executive’s rights to receive any compensation or benefits under this Agreement may be transferred or disposed of pursuant to testamentary disposition, intestate succession or pursuant to a domestic relations order. This Agreement shall inure to the benefit of and be enforceable by the Executive’s heirs, beneficiaries and/or legal representatives.

  • Related Employers If any member of the Employer's related group (as defined in Section 1.30 of the Plan) executes a Participation Agreement to this Adoption Agreement, such member's Employees are eligible to participate in this Plan, unless excluded by reason of an exclusion classification elected under this Adoption Agreement Section 1.07. In addition: (Choose (j) or (k))

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