CHANGE IN CONTROL BENEFITS AGREEMENTChange in Control Benefits Agreement • March 5th, 2010 • Integra Bank Corp • State commercial banks • Indiana
This Change in Control Benefits Agreement ("Agreement") is made and entered into as of May 22, 2007, by and between Integra Bank Corporation, an Indiana corporation (hereinafter referred to as the "Company"), and John W. Key (hereinafter referred to as "Employee").
Date] Via Hand Delivery [Senior Executive Officer Name and Address] Dear [Senior Executive Officer]:Integra Bank Corp • March 5th, 2010 • State commercial banks
Integra Bank Corporation is a participant in the TARP Capital Purchase Program ("CPP") authorized by the Emergency Economic Stabilization Act of 2008, as amended, and has entered into a Securities Purchase Agreement ("Treasury Agreement") with the United States Department of Treasury ("Treasury"). The Company is proposing to enter into this letter agreement with you to help fulfill its obligations under the Treasury Agreement. The terms of this letter agreement will become effective when you become a Covered Employee on [Effective Date] and will terminate at the end of the Investment Period. (Capitalized terms not otherwise defined in this letter have the meanings described below.)
