Common use of Amendment or Termination of Plan Clause in Contracts

Amendment or Termination of Plan. Except as otherwise provided in sections 2.3, 2.4, 2.5 and 8.2, the Company may amend or terminate this Plan and/or a Participant’s rights under this Plan at any time prior to a Participant’s death by written notice to the Participant.

Appears in 3 contracts

Sources: Group Term Carve Out Plan (Athens Bancshares Corp), Group Term Carve Out Plan (Athens Bancshares Corp), Group Term Carve Out Plan (Beverly National Corp)

Amendment or Termination of Plan. Except as otherwise provided in sections 2.3, 2.4, 2.5 and 8.2, : (i) the Company may amend or terminate this the Plan and/or at any time, and (ii) the Company may amend or terminate a Participant’s 's rights under this the Plan at any time prior to a Participant’s 's death by written notice to the Participant.

Appears in 2 contracts

Sources: Group Term Replacement Plan (Orrstown Financial Services Inc), Group Term Replacement Plan (Codorus Valley Bancorp Inc)

Amendment or Termination of Plan. Except as otherwise provided in sections 2.3, 2.4, 2.5 and 8.2, : (i) the Company may amend or terminate this the Plan and/or at any time, and (ii) the Company may amend or terminate a Participant’s rights under this the Plan at any time prior to a Participant’s death by written notice to the Participant.

Appears in 2 contracts

Sources: Group Term Replacement Plan (CFSB Bancorp, Inc. /MA/), Officer Group Term Replacement Plan (First Community Financial Corp)

Amendment or Termination of Plan. Except as otherwise provided in sections 2.3, 2.4, 2.5 and 8.2, section 2.4 (i) the Company may amend or terminate this the Plan and/or at any time, and (ii) the Company may amend or terminate a Participant’s 's rights under this the Plan at any time prior to a Participant’s 's death by written notice to the Participant.

Appears in 1 contract

Sources: Group Term Carve Out Plan (MBT Financial Corp)

Amendment or Termination of Plan. Except as otherwise provided in sections 2.3, 2.4, 2.5 2.3 and 8.2, the Company may (x) amend or terminate this the Plan and/or at any time and (y) amend or terminate a Participant’s rights under this the Plan at any time prior to a Participant’s death by written notice to the Participant.

Appears in 1 contract

Sources: Group Term Carve Out Plan (Yadkin Valley Financial Corp)