Common use of Change of Control Benefit Clause in Contracts

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

Appears in 11 contracts

Samples: Executive Deferred Compensation Agreement (QCR Holdings Inc), Executive Deferred Compensation Agreement (QCR Holdings Inc), Executive Bonus Deferral Agreement (Columbia Bancorp \Or\)

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Change of Control Benefit. Upon a Change of ControlControl while the Executive is employed by the Bank, the Bank shall pay to the Executive the benefit described in this Section 4.4 2.4 in lieu of any other benefit under this Agreementagreement.

Appears in 5 contracts

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

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

Appears in 5 contracts

Samples: Supplemental Executive Retirement Agreement (Southbanc Shares Inc), Supplemental Executive Retirement Agreement (Southbanc Shares Inc), Supplemental Executive Retirement Agreement (Southbanc Shares Inc)

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

Appears in 5 contracts

Samples: Salary Continuation Agreement (Service 1st Bancorp), Salary Continuation Agreement (Service 1st Bancorp), Salary Continuation Agreement (Service 1st Bancorp)

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

Appears in 1 contract

Samples: Salary Continuation Agreement (Federal Trust Corp)

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

Appears in 1 contract

Samples: Director Retirement Agreement (Republic Security Financial Corp)

Change of Control Benefit. Upon a Change of ControlControl Termination, the Bank shall pay to the Executive the benefit described in this Section 4.4 4.5 in lieu of any other benefit under this Agreement.

Appears in 1 contract

Samples: Executive Bonus Deferral Agreement (Columbia Bancorp \Or\)

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

Appears in 1 contract

Samples: Salary Continuation Agreement (M&m Financial Corp /Sc/)

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

Appears in 1 contract

Samples: Phantom Stock Agreement (M&m Financial Corp /Sc/)

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

Appears in 1 contract

Samples: Director Deferred Fee Agreement (California Independent Bancorp)

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