Disability Benefit. Unless the Executive shall have received the benefit under section 2.4 after a Change in Control, upon Separation from Service because of Disability before Normal Retirement Age the Bank shall pay to the Executive the benefit described in this section 2.3 instead of any other benefit under this Agreement.
Appears in 6 contracts
Samples: Tidelands Bank Salary Continuation Agreement (Tidelands Bancshares Inc), Tidelands Bank Salary Continuation Agreement (Tidelands Bancshares Inc), Tidelands Bank salary Continuation Agreement (Tidelands Bancshares Inc)
Disability Benefit. Unless the Executive shall have received the benefit under section 2.4 after a Change in Control, upon For Separation from Service because of Disability before Normal Retirement Age Age, the Bank shall will pay to the Executive the benefit described in this section 2.3 instead of any other benefit under this Agreement.
Appears in 5 contracts
Samples: Supplemental Salary Continuation Agreement (Investar Holding Corp), Supplemental Salary Continuation Agreement (Investar Holding Corp), Salary Continuation Agreement (Investar Holding Corp)
Disability Benefit. Unless the Executive shall have received the benefit under section 2.4 after a Change in ControlControl shall have previously occurred, upon Separation from Service because of Disability before Normal Retirement Age the Bank shall pay to the Executive the benefit described in this section 2.3 instead of any other benefit under this Agreement.
Appears in 5 contracts
Samples: Salary Continuation Agreement (First Reliance Bancshares Inc), Salary Continuation Agreement (First Reliance Bancshares Inc), First Reliance Bank Salary Continuation Agreement (First Reliance Bancshares Inc)
Disability Benefit. Unless the Executive shall have received the benefit under section 2.4 after a Change in Control, upon Upon Separation from Service because of Disability before Normal Retirement Age Age, the Bank shall pay to the Executive the benefit described in this section 2.3 instead of any other benefit under this Agreement.
Appears in 4 contracts
Samples: Salary Continuation Agreement (Grandsouth Bancorporation), Salary Continuation Agreement (Southern First Bancshares Inc), Salary Continuation Agreement (Southern First Bancshares Inc)
Disability Benefit. Unless If the Executive shall have received Executive’s Disability results in the benefit under section 2.4 after a Change in Control, upon Executive’s Separation from Service because of Disability before prior to Normal Retirement Age Age, the Bank shall pay to the Executive the benefit described in this section 2.3 instead Section 4.3 in lieu of any other benefit under this AgreementArticle.
Appears in 4 contracts
Samples: www.sec.gov, Agreement (First Ulb Corp.), Compensation Agreement (First Ulb Corp.)
Disability Benefit. Unless If the Executive shall have received becomes disabled prior to the benefit under section 2.4 after a Change in Control, upon Separation from Service because of Disability before Normal Retirement Age Age, the Bank shall pay to the Executive the benefit described in this section Section 2.3 instead in lieu of any other benefit under this Agreement.
Appears in 4 contracts
Samples: Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.), Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.), Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.)
Disability Benefit. Unless Following the Executive shall have received the benefit under section 2.4 after a Change in Control, upon Executive’s Separation from Service because of Disability before the Normal Retirement Age due to the Executive’s Disability, the Bank shall pay to the Executive the benefit described described, in this section 2.3 instead of any other benefit under this AgreementSection 2.3.
Appears in 3 contracts
Samples: Ocean City Home Bank (Ocean Shore Holding Co.), Salary Continuation Agreement (Ocean Shore Holding Co.), Ocean City Home Bank (Ocean Shore Holding Co)
Disability Benefit. Unless the Executive shall have received the benefit under section 2.4 after a Change in Control, upon Separation from Service because of due to the Executive’s Disability before Normal Retirement Age the Bank shall pay to the Executive the benefit described in this section 2.3 instead of any other benefit under this Agreement.
Appears in 3 contracts
Samples: 2018 Supplemental Executive Retirement Plan Agreement (Carolina Trust BancShares, Inc.), 2018 Supplemental Executive Retirement Plan Agreement (Carolina Trust BancShares, Inc.), 2018 Supplemental Executive Retirement Plan Agreement (Carolina Trust BancShares, Inc.)
Disability Benefit. Unless the Executive shall have received the benefit under section 2.4 2.5 after a Change in Control, upon Separation from Service because of due to the Executive’s Disability before Normal Retirement Age the Bank shall pay to the Executive the benefit described in this section 2.3 2.4 instead of any other benefit under this Agreement.
Appears in 2 contracts
Samples: 2019 Supplemental Executive Retirement Plan Agreement (Select Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (Select Bancorp, Inc.)
Disability Benefit. Unless the Executive shall have received the benefit under section 2.4 after a Change in Control, upon if Separation from Service occurs because of Disability before Normal Retirement Age the Bank shall pay to the Executive the benefit described in this section 2.3 instead of any other benefit under this Agreement.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Crescent Financial Corp), Amended Salary Continuation Agreement (Crescent Financial Corp)
Disability Benefit. Unless the Executive Change-in-Control benefit shall have received the benefit previously been paid under section 2.4 after a Change in ControlSection 2.4, upon for Separation from Service because of Disability before the Normal Retirement Age the Bank shall pay to the Executive the benefit described in this section Section 2.3 instead of any other benefit under this Agreement.
Appears in 1 contract
Samples: Continuation Agreement (BNC Bancorp)
