Common use of Changes in Benefits Clause in Contracts

Changes in Benefits. The Corporation shall not make any changes in plans, benefits or privileges previously described in Section 3(c), (d) and (e) which would adversely affect the Executive’s rights or benefits thereunder, unless the change occurs pursuant to a legal requirement or a program applicable to all executive officers of the Corporation and does not result in a proportionately greater adverse change in the rights of, or benefits to, the Executive as compared with any other executive officer of the Corporation. Nothing paid to the Executive under any plan or arrangement presently in effect or made available in the future shall be deemed to be in lieu of the salary payable to the Executive pursuant to Section 3(a) hereof.

Appears in 4 contracts

Samples: Employment Agreement (Eureka Financial Corp.), Employment Agreement (Eureka Financial Corp.), Employment Agreement (Eureka Financial Corp.)

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Changes in Benefits. The Corporation Company shall not make any changes in such plans, benefits or privileges previously described in Section 3(c), (d) and (e) which would adversely affect the Executive’s rights or benefits thereunder, unless the such change occurs pursuant to a legal requirement or a program applicable to all executive officers of the Corporation Company and does not result in a proportionately greater adverse change in the rights of, or benefits to, the Executive as compared with any other executive officer of the CorporationCompany. Nothing paid to the Executive under any plan or arrangement presently in effect or made available in the future shall be deemed to be in lieu of the salary payable to the Executive pursuant to Section 3(a) hereof.

Appears in 3 contracts

Samples: Employment Agreement (Kearny Financial Corp.), Employment Agreement (Kearny Financial Corp.), Employment Agreement (Kearny Financial Corp.)

Changes in Benefits. The Corporation Association shall not make any changes in such plans, benefits or privileges previously described in Section 3(c), (d) and (e) which would adversely affect the Executive’s 's rights or benefits thereunder, unless the such change occurs pursuant to a legal requirement or a program applicable to all executive officers of the Corporation Association and does not result in a proportionately greater adverse change in the rights of, or benefits to, the Executive as compared with any other executive officer of the CorporationAssociation. Nothing paid to the Executive under any plan or arrangement presently in effect or made available in the future shall be deemed to be in lieu of the salary payable to the Executive pursuant to Section 3(a) hereof.

Appears in 3 contracts

Samples: Employment Agreement (First Kansas Financial Corp), Employment Agreement (First Kansas Financial Corp), Employment Agreement (First Kansas Financial Corp)

Changes in Benefits. The Corporation Company shall not make any changes in such plans, benefits or privileges previously described in Section 3(c), (d) and (e) which would adversely affect the Executive’s 's rights or benefits thereunder, unless the such change occurs pursuant to a legal requirement or a program applicable to all executive officers of the Corporation Company and does not result in a proportionately greater adverse change in the rights of, or benefits to, the Executive as compared with any other executive officer of the CorporationCompany. Nothing paid to the Executive under any plan or arrangement presently in effect or made available in the future shall be deemed to be in lieu of the salary payable to the Executive pursuant to Section 3(a) hereof.

Appears in 2 contracts

Samples: Employment Agreement (Kearny Financial Corp.), Employment Agreement (Village Financial Corp)

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Changes in Benefits. The Corporation Company shall not make any changes in ------------------- such plans, benefits or privileges previously described in Section 3(c), (d) and (e) which would adversely affect the Executive’s 's rights or benefits thereunder, unless the such change occurs pursuant to a legal requirement or a program applicable to all executive officers of the Corporation Company and does not result in a proportionately greater adverse change in the rights of, or benefits toto the Executive, the Executive as compared with any other executive officer of the CorporationCompany. Nothing paid to the Executive under any plan or arrangement presently in effect or made available in the future shall be deemed to be in lieu of the salary payable to the Executive pursuant to Section 3(a) hereof.

Appears in 1 contract

Samples: Employment Agreement (Synergy Financial Group Inc /Nj/)

Changes in Benefits. The Corporation Company shall not make any changes in such plans, benefits or privileges previously described in Section 3(c), (d) and (e) which would adversely affect the Executive’s 's rights or benefits thereunder, unless the such change occurs pursuant to a legal requirement or a program applicable to all executive officers of the Corporation Company and does not result in a proportionately greater adverse change in the rights of, or benefits toto the Executive, the Executive as compared with any other executive officer of the CorporationCompany. Nothing paid to the Executive under any plan or arrangement presently in effect or made available in the future shall be deemed to be in lieu of the salary payable to the Executive pursuant to Section 3(a) hereof.

Appears in 1 contract

Samples: Employment Agreement (Asb Holding Co)

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