Applicable Benefit. The benefit to be paid under this Agreement shall be the benefit corresponding to the first of the following events to occur while performing services for the Employer: the Executive either incurs a Separation from Service, a death, or a termination of employment in connection with a Change in Control. As a result, the Executive will receive only one of these benefits pursuant to this Article 2.
Appears in 5 contracts
Samples: Salary Continuation Agreement (American River Bankshares), Salary Continuation Agreement (American River Bankshares), Salary Continuation Agreement (American River Bankshares)