Common use of Change in Control Benefit Clause in Contracts

Change in Control Benefit. Upon a Change in Control followed by the Executive’s Termination of Employment before Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.5 in lieu of any other benefit under this Article.

Change in Control Benefit. Upon a Change in Control followed by the an Executive’s Termination of Employment before Normal Retirement Agefollowing a Change in Control, the Bank shall pay to the Executive the benefit described in this Section 2.5 in lieu of any other benefit under this ArticleAgreement.

Change in Control Benefit. Upon a Change in Control followed by the Executive’s Termination of Employment Separation from Service before Normal Retirement AgeAge for any reason other than death or Disability, the Bank shall pay to the Executive the benefit described in this Section 2.5 2.4 in lieu of any other benefit under this Article.

Change in Control Benefit. Upon the Executive’s Separation from Service before the Normal Retirement Age following a Change in Control followed by the Executive’s Termination of Employment before Normal Retirement AgeControl, the Bank shall pay to the Executive the benefit described described, in this Section 2.5 in lieu of any other benefit under this Article2.4.

Change in Control Benefit. Upon the Executive’s termination of employment before the Normal Retirement Age following a Change in Control followed by the Executive’s Termination of Employment before Normal Retirement AgeControl, the Bank shall pay to the Executive the benefit described described, in this Section 2.5 in lieu of any other benefit under this Article2.3.

Change in Control Benefit. Upon If a Change in Control occurs followed by the Executive’s Termination of Employment before Separation from Service prior to the Executive’s Normal Retirement Age, the Bank shall pay distribute to the Executive the benefit described in this Section 2.5 2.4 in lieu of any other benefit under this Article.

Change in Control Benefit. Upon a Change in Control followed by the Executive’s Termination of Employment before Normal Retirement Age, the Bank shall pay to the Executive the benefit described in this Section 2.5 2.4 in lieu of any other benefit under this Article.. FORM OF MALVERN FEDERAL SAVINGS BANK Supplemental Executive Retirement Plan Agreement

Change in Control Benefit. Upon If a Change in Control followed by occurs ------------------------- before the Executive’s Termination of Employment before 's Normal Retirement AgeAge and thereafter, the Executive has a Separation from Service, the Bank shall pay to the Executive the benefit described in this Section 2.5 in lieu 2.4 instead of any other benefit under this ArticleAgreement.

Change in Control Benefit. Upon a Change in Control followed by the Executive’s Termination of Employment before prior to his Normal Retirement Age, either by the Bank for a reason other than Cause or by the Executive for Good Reason, in either case at any time following a Change in Control, the Bank shall pay to the Executive the benefit described in this Section 2.5 2.3 in lieu of any other benefit under this ArticlePlan.