Common use of Mandatory cancellation Clause in Contracts

Mandatory cancellation. Will cancel the Deferred Compensation Election of an Eligible Employee who experiences a Disability as defined in subparagraph 3.5(b).

Appears in 4 contracts

Sources: Non Qualified Deferred Compensation Plan (C & F Financial Corp), Non Qualified Deferred Compensation Plan (C & F Financial Corp), Non Qualified Deferred Compensation Plan (Atlantic Union Bankshares Corp)

Mandatory cancellation. Will cancel the Deferred Compensation Election of an Eligible Employee Director who experiences a Disability as defined in subparagraph 3.5(b).

Appears in 3 contracts

Sources: Non Qualified Deferred Compensation Plan for Directors (C & F Financial Corp), Non Qualified Deferred Compensation Plan for Directors (Atlantic Union Bankshares Corp), Non Qualified Deferred Compensation Plan (C & F Financial Corp)

Mandatory cancellation. Will cancel the Deferred Compensation Election of an Eligible Employee who experiences a Disability as defined in subparagraph 3.5(b)paragraph 2.5.

Appears in 3 contracts

Sources: Non Qualified Deferred Compensation Plan (American National Bankshares Inc.), Non Qualified Deferred Compensation Plan (C & F Financial Corp), Non Qualified Deferred Compensation Plan (C & F Financial Corp)

Mandatory cancellation. Will cancel the Deferred Compensation Election of an Eligible Employee who experiences a Disability as defined in subparagraph 3.5(b).. Paragraph 3.5

Appears in 1 contract

Sources: Non Qualified Deferred Compensation Plan (American National Bankshares Inc.)

Mandatory cancellation. Will cancel the Deferred Compensation Election of an Eligible Employee who experiences a Disability as defined in subparagraph 3.5(b).. β˜’

Appears in 1 contract

Sources: Non Qualified Deferred Compensation Plan (Carter Bankshares, Inc.)

Mandatory cancellation. Will cancel the Deferred Compensation Election of an Eligible Employee who experiences a Disability as defined in subparagraph 3.5(b).. [X]

Appears in 1 contract

Sources: Non Qualified Deferred Compensation Plan (Union Bankshares Corp)