Common use of Change in Control Benefit Clause in Contracts

Change in Control Benefit. If within the six (6) months prior or twenty-four (24) months following a Change in Control of the Company, the Executive shall have an involuntary Termination of Employment by the Company other than for Cause, or shall have a voluntary Termination of Employment for Good Reason, the Company shall pay to the Executive a benefit under this Article.

Appears in 12 contracts

Samples: Change in Control Agreement (Peoples Bancorp Inc), Change in Control Agreement (Peoples Bancorp Inc), Change in Control Agreement (Peoples Bancorp Inc)

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Change in Control Benefit. If within the six (6) months prior to or the twenty-four (24) months following a Change in Control of the Company, the Executive shall have an involuntary Termination of Employment by the Company or the relevant Subsidiary other than for Cause, or shall have a voluntary Termination of Employment for Good Reason, the Company shall pay to the Executive a benefit under this ArticleArticle 2.

Appears in 11 contracts

Samples: Change in Control Agreement (Peoples Bancorp Inc), Change in Control Agreement (Peoples Bancorp Inc), Change in Control Agreement (Peoples Bancorp Inc)

Change in Control Benefit. If within the six (6) months prior or twenty-four (24) months following a Change in Control of the Company, the Executive Company shall have an involuntary Termination of Employment by terminate the Company Executive’s employment other than for Cause, or if the Executive shall have a voluntary Termination of Employment terminate his employment for Good Reason, then in any such events, the Company shall pay to the Executive a benefit under this Article.

Appears in 5 contracts

Samples: Change in Control Agreement (Peoples Bancorp Inc), Change in Control Agreement (Peoples Bancorp Inc), Change in Control Agreement (Peoples Bancorp Inc)

Change in Control Benefit. If within the six (6) months prior or twenty-four (24) months following a Change in Control of the Company, the Executive Company shall have an involuntary Termination of Employment by terminate the Company Executive's employment other than for Cause, or if the Executive shall have a voluntary Termination of Employment terminate his employment for Good Reason, then in any such events, the Company shall pay to the Executive a benefit under this Article.

Appears in 5 contracts

Samples: Change in Control Agreement (Peoples Bancorp Inc), Change in Control Agreement (Peoples Bancorp Inc), Change in Control Agreement (Peoples Bancorp Inc)

Change in Control Benefit. If If, within the six (6) months prior or twenty-four (24) months following after a Change in Control of the CompanyControl, the Executive shall have an involuntary Termination of Employment by Employer terminates the Company Executive’s employment other than for Cause, Cause or shall have a voluntary Termination of Employment as described in Section 5.2 hereof or if the Executive terminates employment for Good Reason, the Company Executive shall pay be eligible to receive the Executive a benefit described in this Section 2.4 instead of any other benefit under Article 2 of this ArticleAgreement.

Appears in 4 contracts

Samples: Salary Continuation Agreement (Gateway Financial Holdings Inc), Salary Continuation Agreement (Gateway Financial Holdings Inc), Salary Continuation Agreement (Gateway Financial Holdings Inc)

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Change in Control Benefit. If If, within the six (6) months prior or twenty-four (24) months following after a Change in Control of the CompanyControl, the Executive shall have an involuntary Termination of Employment by Employer terminates the Company Executive's employment other than for Cause, Cause or shall have a voluntary Termination of Employment as described in Section 5.2 hereof or if the Executive terminates employment for Good Reason, the Company Executive shall pay be eligible to receive the Executive a benefit described in this Section 2.4 instead of any other benefit under Article 2 of this ArticleAgreement.

Appears in 2 contracts

Samples: Salary Continuation Agreement (Community Capital Bancshares Inc), Salary Continuation Agreement (Community Capital Bancshares Inc)

Change in Control Benefit. If within the six (6) months prior Upon a Change in Control, or twenty-four (24) up to 12 months following a Change in Control of the CompanyControl, if the Executive shall have an involuntary undergoes Involuntarily Termination of Employment by the Company other than for Cause, or shall have a voluntary Constructive Termination of Employment for Good ReasonEmployment, the Company shall pay to the Executive a the benefit described in this Section 2.4 in lieu of other benefit under this ArticleAgreement.

Appears in 2 contracts

Samples: Salary Continuation Agreement (North Valley Bancorp), Salary Continuation Agreement (North Valley Bancorp)

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