Common use of Change of Control Benefit Clause in Contracts

Change of Control Benefit. Upon a Change of Control, the Company shall pay to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Agreement.

Appears in 43 contracts

Samples: Continuation Agreement (Madison County Financial, Inc.), Salary Continuation Agreement (Madison County Financial, Inc.), Continuation Agreement (Madison County Financial, Inc.)

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Change of Control Benefit. Upon a Change of Control, the Company shall pay to the Executive Director the benefit described in this Section 2.4 4.4 in lieu of any other benefit under this Agreement.

Appears in 25 contracts

Samples: Director Deferred Fee Agreement (Madison County Financial, Inc.), Director Deferred Fee Agreement (Madison County Financial, Inc.), Director Deferred Fee Agreement (Madison County Financial, Inc.)

Change of Control Benefit. Upon a Change of Control, the Company shall pay to the Executive the benefit described in this Section 2.4 4.4 in lieu of any other benefit under this Agreement.

Appears in 19 contracts

Samples: Executive Deferred Compensation Agreement (ISB Financial Corp.), First National (Iowa First Bancshares Corp), Compensation Agreement (Mercantile Bank Corp)

Change of Control Benefit. Upon If the Executive is in the active service of the Company at the time of a Change of Control, the Company shall pay to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Agreement.

Appears in 17 contracts

Samples: Continuation Agreement (Mid Penn Bancorp Inc), Salary Continuation Agreement (Susquehanna Bancshares Inc), Continuation Agreement (Community Banks Inc /Pa/)

Change of Control Benefit. Upon a Change of Control, the Company Bank shall pay to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Agreement.

Appears in 12 contracts

Samples: Continuation Agreement (Heritage Oaks Bancorp), Continuation Agreement (Heritage Oaks Bancorp), Continuation Agreement (Beverly National Corp)

Change of Control Benefit. Upon a Change of Control, the Company shall pay to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this AgreementArticle.

Appears in 7 contracts

Samples: Salary Continuation Agreement (Heritage Oaks Bancorp), Salary Continuation Agreement (Heritage Oaks Bancorp), Salary Continuation Agreement (Heritage Oaks Bancorp)

Change of Control Benefit. Upon a Change of Control, the Company shall pay to the Executive the benefit described in this Section 2.4 2.5 in lieu of any other benefit under this Agreement.

Appears in 6 contracts

Samples: Dollar Agreement (East West Bancorp Inc), Continuation Agreement (Pacific State Bancorp), Continuation Agreement (Fidelity Bancorp Inc)

Change of Control Benefit. Upon a Change of ControlControl while the Executive is in the active service of the Company, the Company shall pay to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Agreement.

Appears in 5 contracts

Samples: Ohio Agreement (Camco Financial Corp), Continuation Agreement (Dimeco Inc), Ohio Agreement (Camco Financial Corp)

Change of Control Benefit. Upon a Change of ControlControl while the Executive is in the active service of the Company, the Company shall pay to the Executive the benefit described in this Section 2.4 4.5 in lieu of any other benefit under this Agreement.:

Appears in 5 contracts

Samples: Incentive Retirement Agreement (First Litchfield Financial Corp), Incentive Retirement Agreement (First Litchfield Financial Corp), Incentive Retirement Agreement (First Litchfield Financial Corp)

Change of Control Benefit. Upon If the Executive is in the active service of the Company at the time of a Change of Control, the Company shall pay to the Executive the benefit described in this Section 2.4 2.5 in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Continuation Agreement (Fc Banc Corp), Continuation Agreement (Centennial First Financial Services)

Change of Control Benefit. Upon a Change of ControlControl while the Executive is employed by the Company, the Company shall pay to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Agreementagreement.

Appears in 2 contracts

Samples: Continuation Agreement (Federal Trust Corp), Continuation Agreement (Federal Trust Corp)

Change of Control Benefit. Upon a Change of ControlControl while the Executive is in the active service of the company, the Company shall pay to the Executive the benefit described in this Section 2.4 4.5 in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Incentive Retirement Agreement (Smithtown Bancorp Inc), Incentive Retirement Agreement (Smithtown Bancorp Inc)

Change of Control Benefit. Upon a Change of Control, the Company shall pay owe to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Agreement (Oak Valley Bancorp), Agreement (Oak Valley Bancorp)

Change of Control Benefit. Upon a Change of ControlControl while the Executive is in the active service of the Company, the Company shall pay to the Executive the benefit described in this Section 2.4 4.4 in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Conway National Bank Phantom Stock Agreement (CNB Corp /Sc/), Compensation Agreement (Lawrence Financial Holdings Inc)

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Change of Control Benefit. Upon If a Change of ControlControl occurs, the Company shall pay to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Salary Continuation Agreement (Western Sierra Bancorp)

Change of Control Benefit. Upon a Change of ControlControl while the Executive is in the active employment of the Company, the Company shall pay to the Executive the benefit described in this Section 2.4 4.4 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Executive Deferred Compensation Agreement (Mid Penn Bancorp Inc)

Change of Control Benefit. Upon a Change of Control, the Company shall pay to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Continuation Agreement (McIntosh Bancshares Inc /Ga/)

Change of Control Benefit. Upon a Change of Control, the Company shall pay to the Executive the benefit described in this Section 2.4 4.5 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Phantom Stock Agreement (Belmont Bancorp)

Change of Control Benefit. Upon a Change of Control, the Company shall pay to the Executive the benefit described in this Section 2.4 2.5 in lieu of any other benefit under this AgreementArticle.

Appears in 1 contract

Samples: Salary Continuation Agreement (Redwood Empire Bancorp)

Change of Control Benefit. Upon a Change of ControlControl while the Executive is in the active service of the Company, the Company shall pay to the Executive the benefit described in this Section 2.4 4.5 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Deferred Incentive Agreement (Home Federal Bancorp Inc)

Change of Control Benefit. Upon a Change of Control, the Company shall pay to the Executive the benefit described in this Section 2.4 2.3 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Canyon National Bank (Canyon Bancorp)

Change of Control Benefit. Upon a Change Changes of Control, the Company shall pay to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Continuation Agreement (Western Sierra Bancorp)

Change of Control Benefit. Upon a Change of Control, the Company shall pay to the Executive the benefit described in this Section 2.4 2.6 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (LaPorte Bancorp, Inc.)

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