No MIP and No PUP. If Executive participates in a functional incentive plan but does not participate in either the MIP or the PUP, the payment made to Executive under § 3(a)(2)(E)(1) shall not exceed the payment which would have been made to Executive if Executive instead had been a participant in the MIP and in the PUP.
Appears in 5 contracts
Samples: Change in Control Agreement (Suntrust Banks Inc), Change in Control Agreement (Suntrust Banks Inc), Change in Control Agreement (Suntrust Banks Inc)
No MIP and No PUP. If Executive participates in a an alternative, functional incentive plan but does not participate in either the MIP or the PUP, the payment made to Executive under § 3(a)(2)(E)(1) shall not exceed the payment which would have been made to Executive if Executive instead had been a participant in the MIP and in the PUP.
Appears in 2 contracts
Samples: Change in Control Agreement (Suntrust Banks Inc), Change in Control Agreement (Suntrust Banks Inc)
No MIP and No PUP. If Executive participates in a functional incentive plan but does not participate in either the MIP or the PUP, the payment made to Executive under § ss. 3(a)(2)(E)(1) shall not exceed the payment which would have been made to Executive if Executive instead had been a participant in the MIP and in the PUP.
Appears in 1 contract
