Common use of Early Termination Benefit Clause in Contracts

Early Termination Benefit. Unless the Executive shall have received the benefit under section 2.4 after a Change in Control, upon Early Termination the Bank shall pay to the Executive the benefit described in this section 2.2 instead of any other benefit under this Agreement.

Appears in 7 contracts

Samples: Supplemental Salary Continuation Agreement (Investar Holding Corp), Supplemental Salary Continuation Agreement (Investar Holding Corp), Salary Continuation Agreement (Investar Holding Corp)

AutoNDA by SimpleDocs

Early Termination Benefit. Unless the Executive shall have received the benefit under section 2.4 after a Change in ControlControl shall have previously occurred, upon Early Termination the Bank shall pay to the Executive the benefit described in this section 2.2 instead of any other benefit under this Agreement.

Appears in 5 contracts

Samples: Salary Continuation Agreement (First Reliance Bancshares Inc), Salary Continuation Agreement (First Reliance Bancshares Inc), Salary Continuation Agreement (First Reliance Bancshares Inc)

Early Termination Benefit. Unless Upon the Executive shall have received the benefit under section 2.4 after a Change in ControlExecutive’s Early Termination, upon Early Termination the Bank shall pay to the Executive the benefit described in this section 2.2 instead Section 4.2 in lieu of any other benefit under this AgreementArticle.

Appears in 4 contracts

Samples: Executive Deferred Compensation Agreement, Executive Deferred Compensation Agreement (First Ulb Corp.), Executive Deferred Compensation Agreement (First Ulb Corp.)

Early Termination Benefit. Unless the Executive shall have received the benefit under section 2.4 after a Change in ControlUpon Early Termination, upon Early Termination the Bank shall pay to the Executive the benefit described in this section 2.2 instead Section 4.2 in lieu of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Phantom Stock Appreciation Rights Agreement (Roma Financial Corp), Executive Bonus Deferral Agreement (Columbia Bancorp \Or\)

Early Termination Benefit. Unless Upon the Executive shall have received the benefit under section 2.4 after a Change in ControlExecutive’s Early Termination, upon Early Termination the Bank shall pay to the Executive the benefit described in this section Section 2.2 instead of any other benefit under this Agreement.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Agreement (Smithtown Bancorp Inc), Supplemental Executive Retirement Agreement (Smithtown Bancorp Inc)

Early Termination Benefit. Unless the Executive Change-in-Control benefit shall have received the benefit previously been paid under section 2.4 Section 2.4, after a Change in Control, upon Early Termination the Bank shall pay to the Executive the benefit described in this section Section 2.2 instead of any other benefit under this Agreement.

Appears in 1 contract

Samples: Salary Continuation Agreement (BNC Bancorp)

Early Termination Benefit. Unless the Executive shall have received the benefit under section 2.4 after a Change in Control, upon Early Termination the Bank shall pay to the Executive the benefit described in this section 2.2 instead of any other benefit under this Agreement. The Executive shall be entitled to no benefit under this section 2.2 if Early Termination occurs after a Change in Control. No benefits shall be payable under this Agreement if the Executive’s Separation from Service is a Termination for Cause or if this Agreement terminates under Article 5.

Appears in 1 contract

Samples: Salary Continuation Agreement (Crescent Financial Corp)

AutoNDA by SimpleDocs

Early Termination Benefit. Unless the Executive shall have received the benefit under section 2.4 after a Change in Control, upon Early Termination the Bank shall pay to the Executive the benefit described in this section 2.2 instead of any other benefit under this Agreement. The Executive shall be entitled to no benefit under this section 2.2 if Early Termination occurs after a Change in Control. No benefits shall be payable under this Agreement if the Executive’s Separation from Service is a Termination with Cause or if this Agreement terminates under Article 5.

Appears in 1 contract

Samples: Salary Continuation Agreement (Crescent Financial Corp)

Early Termination Benefit. Unless Upon the Executive shall have received the benefit under section 2.4 after a Change in ControlExecutive's Early ------------------------- Termination, upon Early Termination the Bank shall pay to the Executive the benefit described in this section Section 2.2 instead of any other benefit under this Agreement.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Cooperative Bankshares Inc)

Early Termination Benefit. Unless Upon the Executive shall have received the benefit under section 2.4 after a Change in ControlExecutive's Early Termination, upon Early Termination the Bank shall pay to the Executive the benefit described in this section Section 2.2 instead of any other benefit under this Agreement.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Smithtown Bancorp Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!