Common use of Payments Upon a Change of Control Clause in Contracts

Payments Upon a Change of Control. (a) The Company shall, following the Change of Control, pay the Executive the Change of Control Payment which payment shall be made the earlier of six (6) months from the occurrence of a Change of Control or the acquiring entity’s termination of the Executive; and (b) The Executive shall have the right, but not the obligation, to resign and the Company shall pay the Executive any Base Salary, or other benefits accrued for dates prior to the date of resignation and implement the provisions of the Executive’s Vested Benefits; provided, however, that the Executive must remain in the employ of the acquiring entity for a period of time not to exceed six (6) months if the acquiring entity so desires; and

Payments Upon a Change of Control. (a) The Company shall, following the Change of Control, pay the Executive the Change of Control Payment which payment shall be made the earlier of six (6) months from the occurrence of a Change of Control or the acquiring entity’s 's termination of the Executive; and (b) The Executive shall have the right, but not the obligation, to resign and the Company shall pay the Executive any Base Salary, or other benefits accrued for dates prior to the date of resignation and implement the provisions of the Executive’s 's Vested Benefits; provided, however, that the Executive must remain in the employ of the acquiring entity for a period of time not to exceed six (6) months if the acquiring entity so desires; and

Payments Upon a Change of Control. (a) The Company shall, following the Change of Control, pay the Executive the Change of Control Payment which payment shall be made the earlier of six (6) months from the occurrence of a Change of Control or the acquiring entity’s termination of the Executive; and (b) The Executive shall have the right, but not the obligation, to resign and the Company shall pay the Executive any Base Salary, or other benefits accrued for dates prior to the date of resignation and implement the provisions of the Executive’s Vested Benefits; provided, however, that the Executive must remain in the employ of the acquiring entity for a period of time not to exceed six (6) months if the acquiring entity so desires; and.

Payments Upon a Change of Control. (a) The Company shall, following the Change of Control, pay the Executive the Change of Control Payment Payment, which payment shall be made on the earlier of six (6) months from after the occurrence of a Change of Control or the acquiring entity’s termination of the Executive; and (b) The Executive shall have the right, but not the obligation, to resign and the Company shall pay the Executive any Base Salary, or other benefits accrued for dates prior to the date of resignation and implement the provisions of the Executive’s Vested BenefitsSection 4.7(c)(ii); provided, however, that the Executive must remain in the employ of the acquiring entity for a period of time not to exceed six (6) months if the acquiring entity so desires; and

Payments Upon a Change of Control. (a) The Company Bank shall, following the Change of Control, pay the Executive the Change of Control Payment Payment, which payment shall be made the earlier of six within three (63) months from after the occurrence of a Change of Control or the acquiring entity’s termination of the ExecutiveControl; and (b) The Executive shall have the right, but not the obligation, to resign and the Company Bank shall pay the Executive any Base Salary, or other benefits accrued for dates prior to the date of resignation upon a Change of Control and implement the provisions of the Executive’s Vested Benefits; provided, however, that the Executive must remain in the employ of the acquiring entity for a period of time not to exceed six (6) months if the acquiring entity so desires; and

Payments Upon a Change of Control. (a) The Company shall, following the Change of Control, pay the Executive the Change of Control Payment which payment shall be made the earlier of six within three (63) months from the occurrence of a Change of Control or the acquiring entity’s termination of the ExecutiveControl; and (b) The Executive shall have the right, but not the obligation, to resign and the Company Bank shall pay the Executive any Base Salary, or other benefits accrued for dates prior to the date of resignation upon a Change of Control and implement the provisions of the Executive’s Vested Benefits; provided, however, that the Executive must remain in the employ of the acquiring entity for a period of time not to exceed six (6) months if the acquiring entity so desires; and.