Common use of Application of Section Clause in Contracts

Application of Section. If the Participant receives payments under this Agreement that are contingent upon a Change in Control, as determined under Section 280G of the Internal Revenue Code of 1986 (the "Code") and the regulations thereunder, then the provisions of this Section 4 shall apply.

Appears in 5 contracts

Samples: Continuation Agreement (Choiceone Financial Services Inc), Continuation Agreement (Choiceone Financial Services Inc), Agreement (Valley Ridge Financial Corp)

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Application of Section. If the Participant receives payments under this Agreement that are contingent upon a Change in Control, as determined under Section 280G of the Internal Revenue Code of 1986 (the "Code") and the regulations thereunder, then the provisions of this Section 4 shall apply.. -8-

Appears in 1 contract

Samples: Continuation Agreement (Choiceone Financial Services Inc)

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