Change of Control Benefit. If Executive is in active service at the time of a Change of Control, the Company shall pay to the executive the benefit described in this Section 2.5 in lieu of any other benefit under this agreement.
Appears in 2 contracts
Samples: Salary Continuation Agreement (First Keystone Corp), Salary Continuation Agreement (First Keystone Corp)
Change of Control Benefit. If Upon a Change of Control while the Executive is in the active service at of the time of a Change of ControlCompany, the Company shall pay to the executive Executive the benefit described in this Section 2.5 2.3 in lieu of any other benefit under this agreementAgreement.
Appears in 2 contracts
Samples: Salary Continuation Agreement (City National Bancshares Corp), Salary Continuation Agreement (City National Bancshares Corp)
Change of Control Benefit. If Upon a Change of Control while the Executive is in the active service at of the time of a Change of Controlcompany, the Company shall pay to the executive Executive the benefit described in this Section 2.5 4.5 in lieu of any other benefit under this agreementAgreement.
Appears in 2 contracts
Samples: Executive Incentive Retirement Agreement (Smithtown Bancorp Inc), Executive Incentive Retirement Agreement (Smithtown Bancorp Inc)
Change of Control Benefit. If Executive is in active service of the Company at the time of a Change of Control, the Company Executive shall pay be entitled to the executive the benefit described in this Section 2.5 in lieu of any other benefit under this agreementSection 2.3 whether or not Termination of Employment occurs.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Fulton Bancshares Corp), Salary Continuation Agreement (Fulton Bancshares Corp)
Change of Control Benefit. 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 Executive the benefit described in this Section 2.5 in lieu of any other benefit under this agreementAgreement.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Centennial First Financial Services), Salary Continuation Agreement (Fc Banc Corp)
Change of Control Benefit. If Upon a Change of Control while the Executive is in the active service at of the time Company resulting in termination of a Change of ControlExecutive, the Company shall pay to the executive Executive the benefit described in this Section 2.5 2.4 in lieu of any other benefit under this agreementAgreement.
Appears in 1 contract
Samples: Supplemental Retirement Agreement (United Financial Corp \Mn\)
Change of Control Benefit. If Upon a Change of Control while the Executive is in the active service at employment of the time of a Change of ControlCompany, the Company shall pay to the executive Executive the benefit described in this Section 2.5 4.4 in lieu of any other benefit under this agreementAgreement.
Appears in 1 contract
Samples: Executive Deferred Compensation Agreement (Mid Penn Bancorp Inc)
Change of Control Benefit. If the Executive is in active service at the time of a Change of Control, the Company shall pay to the executive Executive the benefit described in this Section 2.5 2.4 in lieu of any other benefit under this agreementAgreement.
Appears in 1 contract
Samples: Salary Continuation Agreement (Lake Ariel Bancorp Inc)
Change of Control Benefit. If Upon a Change of Control while the Executive is in the active service at of the time of a Change of ControlCompany, the Company shall pay to the executive Executive the benefit described in this Section 2.5 4.5 in lieu of any other benefit under this agreementAgreement.
Appears in 1 contract
Samples: Executive Deferred Incentive Agreement (Home Federal Bancorp Inc)
Change of Control Benefit. 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 Executive the benefit described in this Section 2.5 2.3 in lieu of any other benefit under this agreementAgreement.
Appears in 1 contract
