Common use of Payment Determination Date Clause in Contracts

Payment Determination Date. “Payment Determination Date,” for purposes of determining when a payment resulting from a Compensated Termination must be made pursuant to Section 4(a), shall mean the effective date of the termination of the Executive’s employment with the Bank if such termination is a “Compensated Termination.”

Appears in 14 contracts

Samples: Severance Agreement (Federal Home Loan Bank of Indianapolis), Severance Agreement (Federal Home Loan Bank of Pittsburgh), Severance Agreement (Federal Home Loan Bank of Indianapolis)

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Payment Determination Date. “Payment Determination Date,” for purposes of determining when a payment resulting from a Compensated Termination must be made pursuant to Section 4(a), shall mean the effective date of the termination of the Executive’s 's employment with the Bank if such termination is a “Compensated Termination.”

Appears in 3 contracts

Samples: Executive Officer Severance Agreement (Federal Home Loan Bank of Pittsburgh), Severance Agreement (Federal Home Loan Bank of Pittsburgh), Severance Agreement (Federal Home Loan Bank of Indianapolis)

Payment Determination Date. The “Payment Determination Date,” for purposes of determining when a payment resulting from a Compensated Termination must be made pursuant to Section 4(a), shall mean the effective date of the termination of the Executive’s employment with the Bank if such termination is a “Compensated Termination.”

Appears in 2 contracts

Samples: Executive Change in Control Agreement (Federal Home Loan Bank of New York), Executive Change in Control Agreement (Federal Home Loan Bank of New York)

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Payment Determination Date. The “Payment Determination Date,” for purposes of determining when a payment resulting from a Compensated Termination must be made pursuant to Section 4(a), shall mean the effective date of the termination of the Executive’s 's employment with the Bank if such termination is a “Compensated Termination.” ​

Appears in 1 contract

Samples: Executive Change in Control Agreement (Federal Home Loan Bank of New York)

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