Common use of Rights in Event of Termination of Employment after a Change in Control Clause in Contracts

Rights in Event of Termination of Employment after a Change in Control. (a) In the event that Executive’s employment is involuntarily terminated by the Corporation or the Bank without Cause (other than for death or Disability) during the term of this Agreement after a Change in Control or Executive’s employment is voluntarily terminated by Executive for Good Reason after a Change in Control (defined in Section 5(d) below), Executive shall be entitled to receive the compensation and benefits set forth below:

Rights in Event of Termination of Employment after a Change in Control. (a) In the event that Executive’s employment is involuntarily terminated by the Corporation or the Bank without Cause (other than for death or Disability) during the term of this Agreement or if the Corporation or the Bank terminate this Agreement pursuant to a Non-Renewal Notice, either occurring after a Change in Control Control, or if Executive’s employment is voluntarily terminated by Executive for Good Reason after a Change in Control (defined in Section 5(d) below), Executive shall be entitled to receive the compensation and benefits set forth below:

Rights in Event of Termination of Employment after a Change in Control. (a) In the event that Executive’s employment is involuntarily terminated by the Corporation or the Bank without Cause (other than for death or Disability) during the term of this Agreement after a Change in Control (as defined in Section 5(c) below) or Executive’s employment is voluntarily terminated by Executive for Good Reason (as defined in Section 3(c) above) after a Change in Control (defined in Section 5(d) below)Control, Executive shall be entitled to receive the compensation and benefits set forth belowreceive: