Common use of Benefits Tables Clause in Contracts

Benefits Tables. The following tables describe the benefits available to the Executive, or the Executive’s Beneficiary, upon the occurrence of certain events. Capitalized terms have the meanings given them in Article 2 or Section 9.1. Each benefit described in each table below is in lieu of any other benefit, except where expressly stated otherwise. Separation from Service following Executive’s 67th birthday 100% of the Deferral Account balance, plus interest credited thereon, plus 100% of the Supplemental ESOP Account and Supplemental Savings Account Lump sum Payment will be made within 30 days following Separation from Service

Appears in 1 contract

Sources: Executive Deferred Compensation Agreement (Winchester Bancorp, Inc./Md/)

Benefits Tables. The following tables describe the benefits available to the Executive, or the Executive’s Beneficiary, upon the occurrence of certain events. Capitalized terms have the meanings given them in Article 2 or Section 9.1. Each benefit described in each table below is in lieu of any other benefit, except where expressly stated otherwise. Separation from Service following Executive’s 67th 65th birthday 100% of the Deferral Account balance, plus interest credited thereon, plus 100% of the Supplemental ESOP Account and Supplemental Savings Account Lump sum Payment will be made within 30 days following Separation from Service

Appears in 1 contract

Sources: Executive Deferred Compensation Agreement (Winchester Bancorp, Inc./Md/)