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: Bonus Deferral Agreement (Columbia Bancorp \Or\), Rapids Bank and Trust (QCR Holdings Inc), Compensation Agreement (Quad City Holdings Inc)

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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: Agreement (Provident Community Bancshares, Inc.), Retirement Agreement (Southbanc Shares Inc), Retirement Agreement (Southbanc Shares Inc)

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

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

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 2.6 in lieu of any other benefit under this Agreement.

Appears in 3 contracts

Samples: Continuation Agreement (Columbia Bancorp \Or\), Executive Salary Continuation Agreement (Columbia Bancorp \Or\), Continuation Agreement (Columbia Bancorp \Or\)

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: First National South (M&m Financial Corp /Sc/)

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: Columbia Bancorp \Or\

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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: Deferred Fee Agreement (California Independent Bancorp)

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: Directors Retirement Agreement (Republic Security Financial Corp)

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: Continuation Agreement (Federal Trust Corp)

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