CHANGE IN CONTROL OF THE CORPORATION. Change in Control of the Corporation" shall mean a change in the ownership of the Corporation, a change in the effective control of the Corporation or a change in the ownership of a substantial portion of the assets of the Corporation as provided under Section 409A of the Code, as amended from time to time, and any Internal Revenue Service guidance, including Notice 2005-1, and regulations issued in connection with Section 409A of the Code.
Appears in 3 contracts
Samples: Change in Control Severance Agreement (Parkvale Financial Corp), Employment Agreement (Parkvale Financial Corp), Change in Control Severance Agreement (Parkvale Financial Corp)
CHANGE IN CONTROL OF THE CORPORATION. “Change in Control of the Corporation" ” shall mean a change in the ownership of the Bank or the Corporation, a change in the effective control of the Bank or the Corporation or a change in the ownership of a substantial portion of the assets of the Bank or the Corporation as provided under Section 409A of the Code, as amended from time to time, Code and any Internal Revenue Service guidance, including Notice 2005-1, and the regulations issued in connection with Section 409A of the Codethereunder.
Appears in 3 contracts
Samples: Employment Agreement (Laurel Capital Group Inc), Change in Control Severance Agreement (Laurel Capital Group Inc), Employment Agreement (Laurel Capital Group Inc)
CHANGE IN CONTROL OF THE CORPORATION. A “Change in Control of the Corporation" ” shall mean be determined in accordance with the definition of “a change in the ownership of the Corporation, a change in the or effective control of the Corporation Corporation, or a change in the ownership of a substantial portion of the assets of the Corporation as provided “ under Section 409A 409A, and the regulations and other guidance promulgated thereunder (collectively, “IRC 409A”), of the CodeInternal Revenue Code of 1986, as amended from time to time, and any Internal Revenue Service guidance, including Notice 2005-1, and regulations issued in connection with Section 409A of (the “Code”).
Appears in 2 contracts
Samples: Employment Agreement (Community Bank Shares of Indiana Inc), Employment Agreement (Community Bank Shares of Indiana Inc)
CHANGE IN CONTROL OF THE CORPORATION. “Change in Control of the Corporation" ” shall mean a change in the ownership of the Corporation, a change in the effective control of the Corporation or a change in the ownership of a substantial portion of the assets of the Corporation as provided under Section 409A of the Code, as amended from time to time, and any Internal Revenue Service guidance, including Notice 2005-1, and regulations issued in connection with Section 409A of the Code.
Appears in 1 contract
Samples: Change in Control Severance Agreement (Silvergate Capital Corp)
CHANGE IN CONTROL OF THE CORPORATION. Change in Control of the Corporation" shall mean a change in the ownership of the CorporationCorporation or the Bank, a change in the effective control of the Corporation or the Bank or a change in the ownership of a substantial portion of the assets of the Corporation or the Bank as provided under Section 409A of the Code, as amended from time to time, and any Internal Revenue Service guidance, including Notice 2005-1, and regulations issued in connection with Section 409A of the Code.
Appears in 1 contract
Samples: Change in Control Severance Agreement (Parkvale Financial Corp)
CHANGE IN CONTROL OF THE CORPORATION. Change in Control of the Corporation" shall mean a change in the ownership of the CorporationCorporation or the Bank, a change in the effective control of the Corporation or the Bank or a change in the ownership of a substantial portion of the assets of the Corporation or the Bank as provided under Section 409A of the Code, as amended from time to time, Code and any Internal Revenue Service guidance, including Notice 2005-1, and the regulations issued in connection with Section 409A of the Codethereunder.
Appears in 1 contract
Samples: Employment Agreement (Harleysville Savings Financial Corp)
