Common use of Event of Termination After Change of Control Clause in Contracts

Event of Termination After Change of Control. If after a -------------------------------------------- "Change of Control" (as hereinafter defined), the Bank or the Company shall terminate the employment of the Executive during the period of employment under this Agreement, for any reason other than "cause" as defined in paragraph 8(a), retirement at or after the normal retirement age under a qualified pension plan maintained by the Bank or a termination pursuant to paragraph 7(a), or otherwise change the present capacity or circumstances in which the Executive is employed as set forth in paragraph 2 of this Agreement or cause a reduction in the Executive's responsibilities or authority or compensation or other benefits provided under this Agreement without the Executive's written consent, then the Bank shall pay to the Executive and provide the Executive, or to his beneficiaries, dependents and estate, as the case may be, with the following:

Event of Termination After Change of Control. If If, after a -------------------------------------------- "Change of Control" (as hereinafter defineddefined in paragraph 8(d)) of the Bank or Ameriana Bancorp (the Bank's "Parent"), the Bank or the Company shall terminate the employment of the Executive during the period term of employment under this Agreement, Agreement for any reason other than "cause," as defined in paragraph 8(a), retirement at or after the normal retirement age under a qualified pension plan maintained by the Bank 65, or a termination pursuant to paragraph 7(a)7, or otherwise change the present capacity or circumstances in which the Executive is employed as set forth in paragraph 2 of this Agreement or cause a reduction in the Executive's responsibilities or authority or compensation or other benefits provided under this Agreement without the Executive's written consent, then the Bank shall pay to the Executive and provide the Executive, or to his beneficiaries, dependents and or estate, as the case may be, with the following:

Event of Termination After Change of Control. If If, after a -------------------------------------------- "“Change of Control" ” (as hereinafter defineddefined in paragraph 8(d)) of the Bank or Ameriana Bancorp (the Bank’s “Parent”), the Bank or the Company shall terminate the employment of the Executive during the period term of employment under this Agreement, Agreement for any reason other than "“cause" ,” as defined in paragraph 8(a), retirement at or after the normal retirement age under a qualified pension plan maintained by the Bank 65, or a termination pursuant to paragraph 7(a)7, or otherwise change the present capacity or circumstances in which the Executive is employed as set forth in paragraph 2 of this Agreement or cause a reduction in the Executive's ’s responsibilities or authority or compensation or other benefits provided under this Agreement without the Executive's ’s written consent, then the Bank shall pay to the Executive and provide the Executive, or to his beneficiaries, dependents and or estate, as the case may be, with the following: