Benefit Increases. Commencing on the first anniversary of the first benefit payment, and continuing on each subsequent anniversary, the Company's Board of Directors, in its sole discretion, may increase the benefit.
Appears in 68 contracts
Samples: Continuation Agreement (Temecula Valley Bancorp Inc), Continuation Agreement (Tib Financial Corp.), Continuation Agreement (Temecula Valley Bancorp Inc)
Benefit Increases. Commencing on the first anniversary of the first benefit payment, and continuing on each subsequent anniversary, the Company's ’s Board of Directors, in at its sole discretion, may increase the benefit.
Appears in 29 contracts
Samples: Dollar Agreement, www.sec.gov, Continuation Agreement (Madison County Financial, Inc.)
Benefit Increases. Commencing on the first anniversary of the first benefit payment, and continuing on each subsequent anniversary, the Company's ’s Board of Directors, in its sole discretion, may increase the benefit.
Appears in 17 contracts
Samples: Continuation Agreement (Codorus Valley Bancorp Inc), Continuation Agreement (Codorus Valley Bancorp Inc), Continuation Agreement (Codorus Valley Bancorp Inc)
Benefit Increases. Commencing on the first anniversary of the first benefit payment, and continuing on each subsequent anniversary, the CompanyBank's Board of Directors, in its sole discretion, may increase the benefit.
Appears in 14 contracts
Samples: Executive Retirement Plan Agreement (Capital Bancorp Inc), Retirement Plan Agreement (Roma Financial Corp), Retirement Plan Agreement (Pittsburgh Financial Corp)
Benefit Increases. Commencing on the first anniversary of the first benefit payment, and continuing on each subsequent anniversary, the Company's Board of Directors, in at its sole discretion, may increase the benefit.
Appears in 8 contracts
Samples: Agreement (Cooperative Bankshares Inc), Continuation Agreement (Benjamin Franklin Bancorp, M.H.C.), Continuation Agreement (Cornerstone Bancorp Inc)
Benefit Increases. Commencing on the first anniversary of the first benefit payment, and continuing on each subsequent anniversary, the Company's Board of Directors, in its sole discretion, may increase the benefit.
Appears in 5 contracts
Samples: Bancorp Director Retirement Agreement (Cortland Bancorp Inc), Bancorp Director Retirement Agreement (Cortland Bancorp Inc), Bancorp Director Retirement Agreement (Cortland Bancorp Inc)
Benefit Increases. Commencing on the first anniversary of the first benefit payment, and continuing on each subsequent anniversary, the Company's Board of Directors, in its sole discretion, may Directors shall increase the benefitthis Change of Control annual benefit by 3 percent (3%).
Appears in 5 contracts
Samples: Continuation Agreement (Vib Corp), Continuation Agreement (Vib Corp), Continuation Agreement (Vib Corp)
Benefit Increases. Commencing on the first anniversary of the first benefit payment, and continuing on each subsequent anniversary, the Company's Bank’s Board of Directors, in its sole discretion, may increase the benefitNormal Retirement Benefit.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Bank of Commerce Holdings), Commerce Salary Continuation Agreement (Bank of Commerce Holdings), Commerce Salary Continuation Agreement (Bank of Commerce Holdings)
Benefit Increases. Commencing on the first anniversary of the first benefit payment, and continuing on each subsequent anniversary, the Company's Bank’s Board of Directors, in its sole discretion, may increase the benefit.
Appears in 2 contracts
Samples: Continuation Agreement (Juniata Valley Financial Corp), Supplemental Executive Retirement Plan Agreement (First Perry Bancorp, Inc)
Benefit Increases. Commencing on the first anniversary of the first benefit payment, and continuing on each subsequent anniversary, the Company's Board ’s board of Directorsdirectors, in its sole discretion, may increase the benefit.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Agreement (Midwest Banc Holdings Inc), Supplemental Executive Retirement Agreement (Midwest Banc Holdings Inc)
Benefit Increases. Commencing on the first anniversary of the first benefit Normal Retirement Benefit payment, and continuing on each subsequent anniversary, Board of Directors of the Company's Board of Directors, in its sole discretion, may increase the benefitbenefit by 3%.
Appears in 1 contract
Samples: Agreement (Cb Bancshares Inc/Hi)
Benefit Increases. Commencing on the first anniversary of the first benefit payment, and continuing on each subsequent anniversary, the CompanyBank's Board of Directors, in its sole discretion, may increase the benefitNormal Retirement Benefit.
Appears in 1 contract
Benefit Increases. Commencing on the first anniversary of the first benefit payment, and continuing on each subsequent anniversary, the Company's ’s Board of Directors, in its sole discretion, may increase the benefitannual benefit payable on that and each subsequent payment date.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (First Internet Bancorp)
Benefit Increases. Commencing on the first anniversary of the first benefit payment, and continuing on each subsequent anniversary, the Company's Board of Directors, in its sole discretion, may increase the benefit.. 2.2
Appears in 1 contract
Samples: Director Retirement Agreement
