Death After Change of Control. If the Executive dies following a Change of Control, provided the Executive was in active service at the time of the Change of Control, the Bank shall pay the Executive’s beneficiary the benefit described in this Section 3.4.
Appears in 11 contracts
Samples: Acnb Bank (Acnb Corp), Acnb Bank (Acnb Corp), Salary Continuation Agreement (Acnb Corp)
Death After Change of Control. If the Executive dies following a Change of Control, but prior to the commencement of the Lifetime Benefit payments, provided the Executive was in active service actively employed at the time of the Change of Control, Executive's beneficiary shall be paid the Bank shall pay the Executive’s beneficiary the death benefit described in Section 3.1 in accordance with Section 3.1.2. If such death benefit is paid, no Lifetime Benefits under this Section 3.4Agreement will be paid.
Appears in 4 contracts
Samples: Supplemental Executive Retirement Plan Agreement (CCFNB Bancorp Inc), Supplemental Executive Retirement Plan Agreement (CCFNB Bancorp Inc), Agreement (East Penn Financial Corp)
Death After Change of Control. If the Executive dies following a Change of Control, provided the Executive was in active service at the time of the Change of Control, the Bank Company shall pay the Executive’s beneficiary the benefit described in this Section 3.4.
Appears in 3 contracts
Samples: Continuation Agreement (Fulton Bancshares Corp), Salary Continuation Agreement (Acnb Corp), Continuation Agreement (Fulton Bancshares Corp)
Death After Change of Control. If the Executive dies following a Change of Control, but prior to the commencement of the benefit payments provided the Executive was in active service at the time of the Change of Control, the Bank Company shall pay the Executive’s beneficiary the benefit described in this Section 3.43.5.
Appears in 2 contracts
Samples: Salary Continuation Agreement (First Keystone Corp), Continuation Agreement (First Keystone Corp)
Death After Change of Control. If the Executive dies following a Change of Control, before normal retirement age, provided the Executive was in active service actively employed at the time of the Change of Control, the Bank shall pay the Executive’s beneficiary shall be paid the death benefit described in this Section 3.4.3.1 in accordance with
Appears in 1 contract
Samples: Supplement Executive Retirement Plan Agreement (First Perry Bancorp, Inc)
