Change of Control Benefit. Upon a Change of Control, followed within the time periods described below by the Executive's Demotion, or Termination of Employment for reasons other than death, Disability or retirement, the Bank shall pay to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Agreement.
Appears in 6 contracts
Samples: Continuation Agreement (Columbia Bancorp \Or\), Continuation Agreement (Columbia Bancorp \Or\), Continuation Agreement (Columbia Bancorp \Or\)
Change of Control Benefit. Upon a Change of Control, Control followed within the time periods described below by the Executive's Demotion, or ’s Termination of Employment for reasons (other than death, Disability or retirementa Termination for Cause), the Bank shall pay to the Executive the benefit Change of Control Benefit, as described in this Section 2.4 2.4, in lieu of any other benefit under this AgreementArticle.
Appears in 4 contracts
Samples: Salary Continuation Agreement (Appalachian Bancshares Inc), Continuation Agreement (Appalachian Bancshares Inc), Continuation Agreement (Appalachian Bancshares Inc)
Change of Control Benefit. Upon Termination of Employment following a Change of Control, followed within the time periods described below by the Executive's Demotion, or Termination of Employment for reasons other than death, Disability or retirement, the Bank shall pay to the Executive the benefit described in this Section 2.4 in lieu of any other benefit Lifetime Benefits under this Agreement.
Appears in 2 contracts
Samples: Continuation Agreement (Dutchfork Bancshares Inc), Continuation Agreement (Dutchfork Bancshares Inc)
Change of Control Benefit. Upon a Change of Control, followed within Control while the time periods described below by Executive is in the Executive's Demotion, or active service of the Bank and Termination of Employment for reasons other than deathoccurs thereafter, Disability or retirementthen, subject to the provisions of Sections 2.5, 5.3, and 7.4, the Bank shall pay to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Salary Continuation Agreement (Guaranty Bancshares Inc /Tx/)
Change of Control Benefit. Upon Subject to Section 3.3 below, upon a Change of Control, followed within the time periods described below by the Executive's Demotion, or Termination of Employment for reasons other than death, Disability or retirement, the Bank shall pay to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Agreement.
Appears in 1 contract
