Interest Rate Reduction. Upon Early Termination of Service (prior to age 55 and 10 plan years of service) the Deferral Account crediting rate applicable until all benefits are paid, shall be reduced to 4%
Appears in 4 contracts
Sources: Executive Bonus Deferral Agreement (Columbia Bancorp \Or\), Executive Bonus Deferral Agreement (Columbia Bancorp \Or\), Executive Bonus Deferral Agreement (Columbia Bancorp \Or\)
Interest Rate Reduction. Upon Early Termination of Service (prior to age 55 62 and 10 plan years of service) the Deferral Account crediting rate applicable until all benefits are paid, shall be reduced to 4%
Appears in 2 contracts
Sources: Executive Bonus Deferral Agreement (Columbia Bancorp \Or\), Executive Bonus Deferral Agreement (Columbia Bancorp \Or\)