Common use of Retirement Date Clause in Contracts

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of the Bank (the Board) which becomes effective on the first day of the calendar month following the month in which the Director reaches age sixty-five (65) or such later date as the Director may actually retire.

Appears in 1 contract

Samples: Director Agreement (Ameriana Bancorp)

AutoNDA by SimpleDocs

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of with the Bank (the Board) which becomes effective on the first day of the calendar month following the month in which the Director reaches age sixtyseventy-five two (6572) or such later date as ad the Director may actually retire.

Appears in 1 contract

Samples: Supplemental Retirement Plan (Steelton Bancorp Inc)

Retirement Date. The Retirement Date shall mean retirement from service on with the Board of Directors of the Bank (the Board) Company which becomes effective on the first day of the calendar month following the month in which the Director reaches age sixtythe Director's seventy-five fifth (6575th) birthday or such later date as the Director may actually retire.

Appears in 1 contract

Samples: First Community Bancshares Inc /Nv/

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of with the Bank (the Board) which becomes effective on the day following the annual meeting after the first day of the calendar month following the month in which date of the Director reaches age sixty-five Director's seventieth (6570th) birthday or such later date as the Director may actually retire.

Appears in 1 contract

Samples: Agreement (South Street Financial Corp)

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of with the Bank (the Board) which becomes effective on the day following the annual meeting after the first day of the calendar month following the month in which date of the Director reaches age Director’s sixty-five fifth (6565th) birthday or such later date as the Director may actually retire.

Appears in 1 contract

Samples: Agreement (South Street Financial Corp)

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of with the Bank (the Board) which becomes effective on the first day of the calendar month following the month in which the Director reaches age his sixty-five fifth (6565th) birthday or such later date as the Director may actually retire.

Appears in 1 contract

Samples: Director Indexed (Quitman Bancorp Inc)

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of the Bank (the Board) which becomes effective on the first day of the calendar month following the month in which the Director reaches age sixtyeighty-five three (6583) or such later other date as the Consulting Agreement between the Director may actually retireand the Bank dated the 30th day of August, 1999, shall terminate, whichever event shall first occur.

Appears in 1 contract

Samples: Director Supplemental Retirement Program (Ameriana Bancorp)

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of with the Bank (the Board) which becomes effective on the first day of the calendar month following the month in which the Director reaches age sixtySixty-five Five (65) or such later date as the Director may actually retire.

Appears in 1 contract

Samples: Director Supplemental Retirement Plan (Crescent Banking Co)

AutoNDA by SimpleDocs

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of with the Bank (the Board) which becomes effective on the first day of the calendar month following the month in which the Director reaches age sixty-five (65) his 65th birthday or such later date as the Director may actually retire.

Appears in 1 contract

Samples: Agreement (Eufaula Banccorp Inc)

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of with the Bank (the Board) which becomes effective on the first day of the calendar month following the month in which the Director reaches age the Director's sixty-five fifth (6565th) birthday or such later date as the Director may actually retire.

Appears in 1 contract

Samples: Agreement (South Street Financial Corp)

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of with the Bank (the Board) which that becomes effective on the first day of the calendar month following the month in which the Director reaches age sixty-five Normal Retirement Age (65Subparagraph I [I]) or such later date as the Director may actually retire.

Appears in 1 contract

Samples: Director Supplemental Retirement Agreement (Netbank Inc)

Retirement Date. The Retirement Date shall mean retirement from service on the Board of Directors of with the Bank (the Board) which becomes effective on the first day of the calendar month following the month in which the Director reaches age sixty-five (65) or such later date as the Director may actually retire.

Appears in 1 contract

Samples: Director Supplemental Retirement Plan (Service Bancorp Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.