Common use of Retirement Date Clause in Contracts

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

Appears in 9 contracts

Sources: Executive Supplemental Retirement Plan (Heritage NOLA Bancorp, Inc.), Executive Supplemental Retirement Plan (BV Financial, Inc.), Executive Supplemental Retirement Plan (Peoples Banctrust Co Inc)

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

Appears in 8 contracts

Sources: Executive Supplemental Retirement Plan Agreement (Poage Bankshares, Inc.), Executive Supplemental Retirement Plan (United Financial Inc), Executive Supplemental Retirement Plan Agreement (South Street Financial Corp)

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

Appears in 8 contracts

Sources: Executive Indexed Salary Continuation Plan (Midsouth Bancorp Inc), Executive Supplemental Retirement Plan Agreement (CapitalSouth Bancorp), Executive Supplemental Retirement Plan Agreement (Merrill Merchants Bancshares Inc)

Retirement Date. Retirement Date shall mean retirement from service with the Bank which becomes effective on the first day of the calendar month following the month latter of (i) the date in which the Executive reaches age sixty-five (65) or such later (ii) the date as upon which the Executive may actually retireretires from service with the Bank after reaching age sixty-five (65).

Appears in 5 contracts

Sources: Executive Supplemental Retirement Plan (Ecb Bancorp Inc), Executive Supplemental Retirement Plan (Ecb Bancorp Inc), Executive Supplemental Retirement Plan (Ecb Bancorp Inc)

Retirement Date. Retirement Date shall mean retirement from service with the Bank which becomes effective on the first day of the calendar month following the month in which the Executive Director reaches age sixty-five seventy (6570) or such later date as the Executive Director may actually retire.

Appears in 4 contracts

Sources: Director Supplemental Retirement Plan (Heritage NOLA Bancorp, Inc.), Director Supplemental Retirement Plan Agreement (Heritage NOLA Bancorp, Inc.), Executive Supplemental Retirement Plan (Citizens Financial Corp/De/)

Retirement Date. Retirement Date shall mean retirement from service with the Bank which becomes effective on the first day of the calendar month following the month in which the Executive reaches age the Executive's sixty-five fifth (65) birthday, or such earlier or later date as the Executive Board may actually retireapprove as the Executive's Retirement Date.

Appears in 3 contracts

Sources: Executive Supplemental Retirement Plan Agreement (Ameriana Bancorp), Executive Supplemental Retirement Plan (Ameriana Bancorp), Executive Supplemental Retirement Plan (Ameriana Bancorp)

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

Appears in 2 contracts

Sources: Director Supplemental Retirement Plan Agreement (Citizens Bancshares Corp /Ga/), Director Supplemental Retirement Plan Agreement (CNB Holdings Inc /Ga/)

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

Appears in 2 contracts

Sources: Executive Supplemental Retirement Plan Agreement, Executive Supplemental Retirement Plan (Crescent Banking Co)

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

Appears in 2 contracts

Sources: Director Supplemental Retirement Plan Agreement (Poage Bankshares, Inc.), Director Deferral Plan Agreement (South Street Financial Corp)

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

Appears in 2 contracts

Sources: Executive Supplemental Retirement Plan (Community Trust Financial Services Corporation), Executive Supplemental Retirement Plan (Community Trust Financial Services Corporation)

Retirement Date. Retirement Date shall mean retirement from service with the Bank which becomes effective on the first day of the calendar month following the month in which the Executive reaches age sixty-five his sixtieth (6560th) birthday or such later date as the Executive may actually retire.

Appears in 2 contracts

Sources: Executive Indexed Salary Continuation Plan (Ohio State Bancshares Inc), Executive Indexed Salary Continuation Plan (Ohio State Bancshares Inc)

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

Appears in 1 contract

Sources: Executive Supplemental Retirement Plan Agreement (Merrill Merchants Bancshares Inc)

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

Appears in 1 contract

Sources: Executive Supplemental Retirement Plan Agreement (Citizens Bancshares Corp /Ga/)

Retirement Date. Retirement Date shall mean retirement from service with the Bank Company which becomes effective on the first day of the calendar month following the month in which the Executive reaches age sixty-five sixty (6560) or such later date as the Executive may actually retire.

Appears in 1 contract

Sources: Executive Supplemental Retirement Plan (Community Valley Bancorp)

Retirement Date. Retirement Date shall mean retirement from service with the Bank which that becomes effective on the first day of the calendar month following the month in which the Executive reaches age sixty-five two (6562) or such later date as the Executive may actually retire.

Appears in 1 contract

Sources: Executive Supplemental Retirement Plan (North Georgia Community Financial Partne)

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

Appears in 1 contract

Sources: Executive Supplemental Retirement Plan (Community Valley Bancorp)

Retirement Date. Retirement Date shall mean retirement from service with the Bank which becomes effective on the first day of the calendar month following the month in which the Executive reaches age sixty-five his sixty (6560th) birthday or such later date as the Executive may actually retire.

Appears in 1 contract

Sources: Memorandum of Agreement (Tara Bankshares Corp)

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

Appears in 1 contract

Sources: Executive Supplemental Retirement Plan Agreement (Upson Bankshares Inc)

Retirement Date. Retirement Date shall mean retirement from service with the Bank which becomes effective on the first day of the calendar month following the month in which the Executive Trustee reaches age sixty-five seventy (6570) or such later date as the Executive Trustee may actually retire.

Appears in 1 contract

Sources: Trustee Supplemental Retirement Plan Agreement (Hampden Bancorp, Inc.)

Retirement Date. Retirement Date shall mean retirement from service with the Bank which becomes effective on the first day of the calendar month following the month in which the Executive reaches age the Executive's sixty-five eighth (6568th) birthday or such later date as the Executive may actually retire.

Appears in 1 contract

Sources: Executive Supplemental Retirement Plan Agreement (German American Bancorp)

Retirement Date. Retirement Date shall mean retirement from service with the Bank which becomes effective on the first day of the calendar month following the month in which the Executive reaches age his sixty-five second (6562nd) birthday or such later date as the Executive may actually retire.

Appears in 1 contract

Sources: Supplemental Executive Retirement Plan Agreement (Park National Corp /Oh/)

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

Appears in 1 contract

Sources: Executive Supplemental Retirement Plan Agreement (Greater Rome Bancshares Inc)

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

Appears in 1 contract

Sources: Executive Supplemental Retirement Plan Agreement (New England Bancshares Inc)

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

Appears in 1 contract

Sources: Executive Supplemental Retirement Plan Agreement (Bank of Granite Corp)