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

The Change in Control Benefit amount shall be an annuity determined using the Accrual Balance plus interest at the Discount Rate payable in five equal annual installments beginning on the first day of the month following 1he xxxx of Separation from Service following the Change in Control.

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.