Common use of Opportunity Cost Clause in Contracts

Opportunity Cost. The Opportunity Cost for any Plan Year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above plus the amount of any after-tax benefits paid to the Executive pursuant to this Agreement (Paragraph III hereinafter) plus the amount of all previous years after-tax Opportunity Cost, and multiplying that sum by the average after-tax yield of a one year Treasury xxxx for the Plan Year.

Appears in 1 contract

Samples: Continuation Plan (Quitman Bancorp Inc)

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Opportunity Cost. The Opportunity Cost for any Plan Year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above plus the amount of any after-tax benefits paid to the Executive pursuant to this Agreement (Paragraph III hereinafter) plus the amount of all previous years after-tax Opportunity Cost, and multiplying that sum by the average after-tax yield of a one year 90-day Treasury xxxx bxxx for the Plan Year.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan Agreement (Park National Corp /Oh/)

Opportunity Cost. The Opportunity Cost for any Plan Year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above plus the amount of any after-tax benefits paid to the Executive pursuant to this Agreement (Paragraph III hereinafter) plus the amount of all previous years after-tax Opportunity Cost, and multiplying that sum by the average after-tax yield of on a one year 90-day Treasury xxxx for the Plan Year.

Appears in 1 contract

Samples: Continuation Plan (Commercial Bancshares Inc \Oh\)

Opportunity Cost. The Opportunity Cost for any Plan Year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above hereinabove plus the amount of any after-tax benefits paid to the any Executive pursuant to this Agreement the Plan (Paragraph III hereinafter) plus the amount of all previous years after-tax Opportunity Cost, and multiplying that sum by the average annualized after-tax yield of a one two-year Treasury xxxx note for the Plan Year.

Appears in 1 contract

Samples: Supplemental Retirement Plan (Croghan Bancshares Inc)

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Opportunity Cost. The Opportunity Cost for any Plan Year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above in Exhibit A plus the amount of any after-tax benefits paid to the Executive pursuant to this Agreement the Plan (Paragraph III II hereinafter) plus the amount of all previous years after-tax Opportunity Cost, and multiplying that sum by the average annualized after-tax yield of a one one-year Treasury xxxx for the Plan Year.

Appears in 1 contract

Samples: Supplemental Retirement Plan (New England Bancshares Inc)

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