Change in Control Benefit. Upon a Change in Control followed by the Executive’s Termination of Employment before Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.5 in lieu of any other benefit under this Article.
Appears in 5 contracts
Samples: Supplemental Executive Retirement Agreement (North Penn Bancorp, Inc.), Supplemental Executive Retirement Agreement (North Penn Bancorp, Inc.), Supplemental Executive Retirement Agreement (New North Penn Bancorp Inc)
Change in Control Benefit. Upon a Change in Control followed by the Executive’s Termination of Employment Separation from Service before Normal Retirement AgeAge for any reason other than death or Disability, the Bank shall pay to the Executive the benefit described in this Section 2.5 2.4 in lieu of any other benefit under this Article.
Appears in 4 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc)
Change in Control Benefit. Upon a Change in Control followed by the an Executive’s Termination of Employment before Normal Retirement Agefollowing a Change in Control, the Bank shall pay to the Executive the benefit described in this Section 2.5 in lieu of any other benefit under this ArticleAgreement.
Appears in 4 contracts
Samples: Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.), Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.), Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.)
Change in Control Benefit. Upon the Executive’s Separation from Service before the Normal Retirement Age following a Change in Control followed by the Executive’s Termination of Employment before Normal Retirement AgeControl, the Bank shall pay to the Executive the benefit described described, in this Section 2.5 in lieu of any other benefit under this Article2.4.
Appears in 3 contracts
Samples: Ocean City Home Bank (Ocean Shore Holding Co), Salary Continuation Agreement (Ocean Shore Holding Co.), Ocean City Home Bank (Ocean Shore Holding Co.)
Change in Control Benefit. Upon the Executive’s termination of employment before the Normal Retirement Age following a Change in Control followed by the Executive’s Termination of Employment before Normal Retirement AgeControl, the Bank shall pay to the Executive the benefit described described, in this Section 2.5 in lieu of any other benefit under this Article2.3.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Ocean Shore Holding Co), Salary Continuation Agreement (Ocean Shore Holding Co)
Change in Control Benefit. Upon a Change in Control followed by the Executive’s Termination of Employment before prior to his Normal Retirement Age, either by the Bank for a reason other than Cause or by the Executive for Good Reason, in either case at any time following a Change in Control, the Bank shall pay to the Executive the benefit described in this Section 2.5 2.3 in lieu of any other benefit under this ArticlePlan.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan (Kearny Financial Corp.)
Change in Control Benefit. Upon a Change in Control followed by the Executive’s Termination of Employment before Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.5 2.4 in lieu of any other benefit under this Article.. FORM OF MALVERN FEDERAL SAVINGS BANK Supplemental Executive Retirement Plan Agreement
Appears in 1 contract
Samples: Retirement Plan Agreement (Malvern Federal Bancorp Inc)
Change in Control Benefit. Upon If a Change in Control occurs followed by the Executive’s Termination of Employment before Separation from Service prior to the Executive’s Normal Retirement Age, the Bank shall pay distribute to the Executive the benefit described in this Section 2.5 2.4 in lieu of any other benefit under this Article.
Appears in 1 contract
Samples: Salary Continuation Agreement (HCSB Financial Corp)
