Common use of Excess Parachute Payment Clause in Contracts

Excess Parachute Payment. To the extent the benefit would be an excess parachute payment under Section 280G of the Code.

Appears in 34 contracts

Samples: Director Deferred Fee Agreement (Ohio Valley Banc Corp), Salary Continuation Agreement (First Keystone Corp), Salary Continuation Agreement (First Keystone Corp)

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Excess Parachute Payment. To the extent the benefit would be an excess parachute payment under Section 280G 2806 of the Code.

Appears in 5 contracts

Samples: Salary Continuation Agreement (First Community Financial Corp), Salary Continuation Agreement (First Community Financial Corp), Salary Continuation Agreement (First Community Financial Corp)

Excess Parachute Payment. To the extent the benefit would be an excess parachute payment under Section 280G 28OG of the Code.

Appears in 2 contracts

Samples: Supplemental Retirement Agreement (United Financial Corp \Mn\), Supplemental Retirement Agreement (United Financial Corp \Mn\)

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Excess Parachute Payment. To the extent the benefit would be an excess parachute payment under Section 280G of the Code, then to that extent and that extent only the benefit shall be disallowed.

Appears in 1 contract

Samples: Salary Continuation Agreement (United Financial Corp \Mn\)

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