Change in Control Benefit means the benefit described in Section 2.4.

Change in Control Benefit means the benefit set forth in Section 4.1 below.

Change in Control Benefit shall have the meaning set forth in Section 4.15(k) of the Agreement.

Examples of Change in Control Benefit in a sentence

Severance and Change in Control Benefit Plan On March 2013, the Compensation Committee approved the Severance and Change in Control Benefit Plan (“Severance Plan”) for executive officers and other key employees, including the NEOs. Upon acceptance by a participant, the Severance Plan superseded and replaced certain existing severance agreements.
Amended and Restated Executive Severance and Change in Control Benefit Plan, dated as of July 28, 2016.
We annually conduct a risk assessment to evaluate whether our compensation program creates any risks that may have a material adverse effect on the Company.• Change in Control Benefit Triggers.
A Participant may make an election with respect to the Payment Schedule for a Change in Control Benefit.
The Change in Control Benefit shall be equal to the value of the Separation from Service Account and the unpaid balances of any Specified Date Accounts.

More Definitions of Change in Control Benefit

Change in Control Benefit shall have the meaning set forth in Section 3.6 of this Plan.

Change in Control Benefit means the acceleration of vesting of outstanding Incentive Awards that may become available under Section 3.2.

Change in Control Benefit has the meaning set forth in Section 5.03(m)(viii).

Change in Control Benefit means the lump sum benefit payable as provided in Section 2.4.

Change in Control Benefit shall refer to any special or enhanced benefits described in Section 3 below to which the Executive may become entitled if his or her employment terminates for one of the reasons listed in Section 2(a) within the 24-month period following a Change in Control.

Change in Control Benefit means, as of the date of a Qualifying Termination, a one-time lump sum payment equal to: (i) [●]1 ([●]) times the sum of (A) Individual’s then current base annual salary and (B) the Target Bonus for the year that includes the effective date of termination; plus (ii) an amount equal to the cost to Individual under COBRA to extend his or her then-current medical insurance benefits (i.e., the health, dental and/or vision benefits as elected by Individual under the Company’s health plan as of the time of such termination) for eighteen (18) months following the effective date of termination.