Common use of Interruption of Service Clause in Contracts

Interruption of Service. The service of the Director shall not be deemed to have been terminated or interrupted due to his absence from active service on account of illness, disability, during any authorized vacation or during temporary leaves of absence granted by the Bank for reasons of professional advancement, education, health or government service, or during military leave for any period if the Director is elected to serve on the Board following such interruption.

Appears in 8 contracts

Samples: Deferred Income Agreement (Jacksonville Bancorp, Inc.), Deferred Income Agreement (Jacksonville Bancorp, Inc.), Deferred Income Agreement (Profile Bancorp Inc)

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Interruption of Service. The service of the Director shall not be deemed ------------------------ to have been terminated or interrupted due to his absence from active service on account of illness, disability, during any authorized vacation or during temporary leaves of absence granted by the Bank for reasons of professional advancement, education, health or government service, or during military leave for any period if the Director is elected to serve on the Board board following such interruption.

Appears in 3 contracts

Samples: Compensation Agreement (Juniata Valley Financial Corp), Deferred Compensation Agreement (Juniata Valley Financial Corp), Deferred Compensation Agreement (Juniata Valley Financial Corp)

Interruption of Service. The service of the Director shall not be deemed to have been terminated or interrupted due to his absence from active service on account of illness, disability, during any authorized vacation or during temporary leaves of absence granted by the Bank Association for reasons of professional advancement, education, health or government service, or during military leave for any period of time, if the Director is elected to serve on the Board following such interruption.

Appears in 2 contracts

Samples: Deferred Compensation Agreement (Oconee Federal Financial Corp.), Deferred Compensation Agreement (Oconee Federal Financial Corp.)

Interruption of Service. The service of the Director shall not be deemed to have been terminated or interrupted due to his absence from active service on account of illness, disability, during any authorized vacation or during temporary leaves of absence granted by the Bank for reasons of professional advancement, education, health or government service, or during military leave for any period if the Director is elected to serve on the Board board following such interruption.

Appears in 2 contracts

Samples: Compensation Agreement (Juniata Valley Financial Corp), S Compensation Agreement (Juniata Valley Financial Corp)

Interruption of Service. The service of the Director shall not be deemed to have been terminated or interrupted due to his absence from active service on account of illness, disability, during any authorized vacation or during temporary leaves of absence granted by the Bank and/or the Company for reasons of professional advancement, education, health health, or government service, or during military leave for any period if the Director is elected to serve on the Board board following such interruption. 7.

Appears in 1 contract

Samples: Compensation Agreement (Century Bancshares Inc)

Interruption of Service. The service of the Director shall not ----------------------- be deemed to have been terminated or interrupted due to his absence from active service on account of illness, disability, during any authorized vacation or during temporary leaves of absence granted by the Bank for reasons of professional advancement, education, health or government service, or during military leave for any period if the Director is elected to serve on the Board following such interruption.

Appears in 1 contract

Samples: Compensation Agreement (National Bankshares Inc)

Interruption of Service. The service of the Director shall not be deemed to have been terminated or interrupted due to his absence from active service on account of illness, disability, during any authorized vacation or during temporary leaves of absence granted by the Bank and/or Company for reasons of professional advancement, education, health health, or government service, or during military leave for any period if the Director is elected to serve on the Board following such interruption.

Appears in 1 contract

Samples: Compensation Agreement (Century Bancshares Inc)

Interruption of Service. The service of the Director shall not be be. deemed to have been terminated or interrupted due to his absence from active service on account of illness, disability, during any authorized vacation or during temporary leaves of absence granted by the Bank for reasons of professional advancementadvancements, education, health or government service, or during military leave for any period if the Director is elected to serve on the Board following such interruption.

Appears in 1 contract

Samples: Deferred Income Agreement (United Financial Bancorp Inc)

Interruption of Service. The service of the Director shall not be deemed to have been terminated or interrupted due to his absence from active service on account of illness, disability, during any authorized vacation or during temporary leaves of absence granted by the Bank or the Company for reasons of professional advancement, education, health health, or government service, or during military leave for any period if the Director is elected to serve on the Board following such interruption.

Appears in 1 contract

Samples: Compensation Agreement (Century Bancshares Inc)

Interruption of Service. The service of the Director shall not be deemed to have been terminated or interrupted due to his absence from active service on account of illness, disabilitydisabiliaty, during any authorized vacation or during temporary leaves of absence granted by the Bank for reasons of professional advancement, education, health or government service, or during military leave for any period if the Director is elected to serve on the Board following such interruption.

Appears in 1 contract

Samples: Compensation Agreement (Riverview Financial Corp)

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Interruption of Service. The service of the Director shall not be deemed ------------------------ to have been terminated or interrupted due to his absence from active service on account of illness, disability, during any authorized vacation or during temporary leaves of absence granted by the Bank for reasons of professional advancement, education, health or government service, or during military leave for any period if the Director is elected to serve on the Board following such interruption.

Appears in 1 contract

Samples: Compensation Agreement (Juniata Valley Financial Corp)

Interruption of Service. The service of the Director shall not be deemed to have been terminated or interrupted due to his absence from active service on account of illness, disability, during any authorized authorised vacation or during temporary leaves of absence granted by the Bank for reasons of professional advancement, education, health or government service, or during military leave for any period if the Director is elected to serve on the Board following such interruption.

Appears in 1 contract

Samples: Deferred Income Agreement (United Financial Bancorp Inc)

Interruption of Service. The service of the Director shall not be deemed to have been terminated or interrupted due to his absence from active service on account of illness, disability, during any authorized vacation or during temporary leaves of absence granted by the Bank and/or the Company for reasons of professional advancement, education, health health, or government service, or during military leave for any period if the Director is elected to serve on the Board board following such interruption.

Appears in 1 contract

Samples: Compensation Agreement (Century Bancshares Inc)

Interruption of Service. The service of the Director shall not be deemed to have been terminated or interrupted due to his his/her absence from form active service on account of illness, disability, during any authorized vacation or during temporary leaves of absence granted by the Bank Association for reasons of professional advancement, education, health or government service, or during military leave for any period if the Director is elected to serve on of the Board following such interruption.

Appears in 1 contract

Samples: Compensation Agreement (Texas Community Bancshares, Inc.)

Interruption of Service. The service of the Director shall not be deemed to have been terminated or interrupted due to his absence from active service on account of illness, disability, during any authorized vacation or during temporary leaves of absence granted by the Bank for reasons of professional advancement, education, health or government service, or during military leave for any period if the Director is elected to serve on the Board following such interruption.

Appears in 1 contract

Samples: Director’s Compensation Agreement (First Advantage Bancorp)

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