Change in Control Benefit. Upon a Change in Control followed by a Separation from Service, the Bank shall distribute to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Article.
Appears in 11 contracts
Samples: Supplemental Executive Retirement Agreement (SCBT Financial Corp), Supplemental Executive Retirement Agreement (SCBT Financial Corp), Supplemental Executive Retirement Agreement (SCBT Financial Corp)
Change in Control Benefit. Upon a Change in Control followed by a the Executive’s Separation from Service, the Bank shall distribute to the Executive the benefit described in this Section 2.4 2.5 in lieu of any other benefit under this Article.
Appears in 7 contracts
Samples: Executive Supplemental Compensation Agreement, Executive Supplemental Compensation Agreement, Executive Supplemental Compensation Agreement (FNB Bancorp/Ca/)
Change in Control Benefit. Upon a Change in Control followed by a Separation from Service, the Bank shall distribute to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Article.
Appears in 6 contracts
Samples: Salary Continuation Agreement (Orrstown Financial Services Inc), Salary Continuation Agreement (Orrstown Financial Services Inc), Salary Continuation Agreement (Orrstown Financial Services Inc)
Change in Control Benefit. Upon Notwithstanding anything herein to the contrary, if a Change in Control occurs followed by a Separation from ServiceService for any reason other than a Termination for Cause, the Bank shall distribute to the Executive the benefit described in this Section 2.4 2.5 in lieu of any other benefit under this ArticleAgreement.
Appears in 4 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp), Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp), Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp)
Change in Control Benefit. Upon a Change in Control followed by a Separation from Service, the Bank shall distribute to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Article.
Appears in 4 contracts
Samples: Salary Continuation Agreement (National Bankshares Inc), Salary Continuation Agreement (National Bankshares Inc), Salary Continuation Agreement (National Bankshares Inc)
Change in Control Benefit. Upon If a Change in Control followed by a Separation from ServiceService occurs, the Bank shall distribute to the Executive Director the benefit described in this Section 2.4 in lieu of any other benefit under this Article.
Appears in 4 contracts
Samples: New Director Fee Continuation Plan Agreement (Rhinebeck Bancorp, Inc.), New Director Fee Continuation Plan Agreement (Rhinebeck Bancorp, Inc.), New Director Fee Continuation Plan Agreement (Rhinebeck Bancorp, Inc.)
Change in Control Benefit. Upon If a Change in Control followed by a Separation from Serviceoccurs, the Bank shall distribute to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Article.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.), Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (Northwest Bancorporation Inc)
Change in Control Benefit. Upon If a Change in Control occurs followed by a Separation from Service, the Bank shall distribute to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Article.
Appears in 3 contracts
Samples: Supplemental Executive Retirement Plan (Provident Community Bancshares, Inc.), Supplemental Executive Retirement Plan (Provident Community Bancshares, Inc.), Supplemental Executive Retirement Plan (Provident Community Bancshares, Inc.)
Change in Control Benefit. Upon a Change in Control followed by a the Executive’s Separation from Service, the Bank shall distribute to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Article.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Old Line Bancshares Inc), Salary Continuation Agreement (Old Line Bancshares Inc), Salary Continuation Agreement (Old Line Bancshares Inc)
Change in Control Benefit. Upon the Executive’s Separation from Service following a Change in Control followed by a Separation from Serviceor Potential Change in Control under circumstances whereby the Executive is entitled to benefits provided in Section 4 (iii) of the Change in Control Agreement, the Bank shall distribute to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Article.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Agreement (Cambridge Bancorp), Supplemental Executive Retirement Agreement (Cambridge Bancorp)
Change in Control Benefit. Upon If a Change in Control followed by a occurs before Separation from Service, the Bank shall distribute pay to the Executive the benefit described in this Section section 2.4 in lieu instead of any other benefit under this ArticleAgreement.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Crescent Financial Corp), Salary Continuation Agreement (Crescent Financial Corp)
Change in Control Benefit. Upon a Change in Control followed by a Separation from Service, the Bank shall distribute to the Executive the benefit described in this Section 2.4 2.5 in lieu of any other benefit under this Article.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Agreement (SCBT Financial Corp), Supplemental Executive Retirement Agreement (SCBT Financial Corp)
Change in Control Benefit. Upon a Change in Control Control, followed by a Separation from Service, the Bank shall distribute to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Article.
Appears in 2 contracts
Samples: Salary Continuation Agreement (First Community Corp /Sc/), Salary Continuation Agreement (Regional Bankshares Inc)
Change in Control Benefit. Upon If a Change in Control occurs followed by a the Executive’s Separation from Service, the Bank shall distribute to the Executive the benefit described in this Section 2.4 2.5 in lieu of any other benefit under this Article.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.), Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.)
Change in Control Benefit. Upon a Change in Control followed by a Separation from Servicethe Executive’s Early Involuntary Termination or Termination for Good Reason, the Bank shall distribute to the Executive the benefit described in this Section 2.4 2.5 in lieu of any other benefit under this Article.
Appears in 1 contract
Samples: Executive Supplemental Compensation Agreement (FNB Bancorp/Ca/)
Change in Control Benefit. Upon If a Change in Control followed by a Separation from Serviceoccurs, the Bank shall distribute to the Executive the benefit described in this Section 2.4 2.5 in lieu of any other benefit under this Article.
Appears in 1 contract
Samples: Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.)
Change in Control Benefit. Upon a Change in Control followed by a Separation from ServiceControl, the Bank shall distribute to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Article.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Agreement (Emclaire Financial Corp)
Change in Control Benefit. Upon If a Change in Control occurs followed by a Separation from Service, the Bank shall distribute to the Executive the benefit described in this Section 2.4 2.5 in lieu of any other benefit under this Article.
Appears in 1 contract
Samples: Salary Continuation Agreement (River Valley Bancorp)
Change in Control Benefit. Upon a Change in Control Control, followed by a the Executive’s Separation from Service, the Bank shall distribute to the Executive the benefit described in this Section 2.4 2.3 in lieu of any other benefit under this Article.
Appears in 1 contract
Change in Control Benefit. Upon a Change in Control followed by a Separation from Service, the Company and/or the Bank shall distribute to the Executive Director the benefit described in this Section 2.4 4.4 in lieu of any other benefit under this Article.
Appears in 1 contract
Samples: Director Deferred Compensation Agreement (Sussex Bancorp)
Change in Control Benefit. Upon If a Change in Control occurs followed within by a Separation from Service, the Bank shall distribute to the Executive Director the benefit described in this Section 2.4 4.4 in lieu of any other benefit under this Article.
Appears in 1 contract
Samples: Director Deferred Compensation Agreement (Newnan Coweta Bancshares Inc)
Change in Control Benefit. Upon If a Change in Control followed by a occurs prior to Separation from Service, the Bank shall distribute to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Article.
Appears in 1 contract
Samples: Salary Continuation Agreement (Camco Financial Corp)
Change in Control Benefit. Upon the Executive's Separation from Service following a Change in Control followed by a Separation from Serviceor Potential Change in Control under circumstances whereby the Executive is entitled to benefits provided in Section 4 (iii) of the Change in Control Agreement, the Bank shall distribute to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Article.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Cambridge Bancorp)
