Common use of Single Trigger Event Clause in Contracts

Single Trigger Event. The provisions for payments contained in this Section 6.2 may be triggered only once during the term of this Agreement, so that, for example, should the Executive be terminated because of a Disability and should there thereafter be a Change of Control, then the Executive would be entitled to be paid only under Section 6.2(d) and not under Section 6.2(b), as well. In addition, the Executive shall not be entitled to receive severance benefits of any kind from any parent, wholly owned subsidiary or other affiliated entity of the Bank or the Company if in connection with the same event of series of events the payments provided for in this Section 6.2 have been triggered.

Single Trigger Event. The provisions for payments contained in this Section 6.2 may be triggered only once during the term of this Agreement, so that, for example, should the Executive be terminated because of a Disability and should there thereafter be a Change of Control, then the Executive would be entitled to be paid only under Section 6.2(d) and not under Section 6.2(b), as well. In addition, the Executive shall not be entitled to receive severance benefits of any kind from any parent, wholly owned subsidiary or other affiliated entity of the Bank or the Company if in connection with the same event of series of events the payments provided for in this Section 6.2 have has been triggered.

Single Trigger Event. The provisions for payments contained in this Section 6.2 may be triggered only once during the term of this Agreement, so that, for example, should the Executive be terminated because of a Disability without Cause and should there thereafter be a Change of Control, then the Executive would be entitled to be paid only under Section 6.2(d6.2(a) and not under Section 6.2(b), ) as well. In addition, the Executive shall not be entitled to receive severance benefits of any kind from any parent, wholly owned subsidiary or other affiliated entity of the Bank or the Company if in connection with the same event of or series of events the payments provided for in this Section 6.2 have has been triggered.

Single Trigger Event. The provisions for payments contained in this Section 6.2 7.2 may be triggered only once during the term of this Agreement, so thatAgreement according to the event that occurs first that gives rise to a benefit under Section 7.2. Thus, for example, should the Executive be terminated because of a Disability and should there thereafter be a Change of Control, then the Executive would be entitled to be paid only under Section 6.2(d7.2(d) and not under Section 6.2(b7.2(b), as well. In addition, the Executive shall not be entitled to receive severance benefits of any kind from any parentparent entity, wholly owned subsidiary or other affiliated entity of the Bank or the Company if in connection with the same event of or series of events the payments provided for in this Section 6.2 7.2 have been triggered.

Single Trigger Event. The provisions for payments contained in this Section 6.2 may be triggered only once during the term of this Agreement, so that, for example, should the Executive be terminated because of a Disability without cause and should there thereafter be a Change of Control, then the Executive would be entitled to be paid only under Section 6.2(d6.2(b) and not under Section 6.2(b6.2(a), as well. In addition, the Executive shall not be entitled to receive severance benefits of any kind from any parent, wholly owned subsidiary or other affiliated entity of the Bank Company or the Company Bank if in connection with the same event of series of events the payments provided for in this Section 6.2 have has been triggered.

Single Trigger Event. The provisions for payments contained in this Section 6.2 may be triggered only once during the term of this Agreement, so that, for example, should the Executive be terminated because of a Disability and should there thereafter be a Change of Control, then the Executive would be entitled to be paid only under Section 6.2(d) and not under Section 6.2(b), ) as well. In addition, the Executive shall not be entitled to receive severance benefits of any kind from any parent, wholly owned subsidiary or other affiliated entity of the Bank or the Company if in connection with the same event of series of events the payments Severance Payments provided for in this Section 6.2 have been triggered.

Single Trigger Event. The provisions for payments contained in this Section 6.2 may be triggered only once during the term of this Agreement, so that, for example, should the Executive be terminated because of a Disability without cause and should there thereafter be a Change of Control, then the Executive would be entitled to be paid only under Section 6.2(d6.2(b) and not under Section 6.2(b6.2(a), as well. In addition, the Executive shall not be entitled to receive severance benefits of any kind from any parent, wholly owned subsidiary or other affiliated entity of the Bank Company or the Company Bank if in connection with the same event of or series of events the payments provided for in this Section 6.2 have has been triggered.

Single Trigger Event. The provisions for payments contained in this Section 6.2 may be triggered only once during the term of this Agreement, so that, for example, should the Executive be terminated because of a Disability and should there thereafter be a Change of Control, then the Executive would be entitled to be paid only under Section 6.2(d) and not under Section 6.2(b), ) as well. In addition, the Executive shall not be entitled to receive severance benefits of any kind from any parent, wholly owned subsidiary or other affiliated entity of the Bank or the Company if in connection with the same event of series of events the payments provided for in this Section 6.2 have been triggered.

Single Trigger Event. The provisions for payments contained in this Section 6.2 may be triggered only once during the term of this Agreement, so that, for example, should the Executive be terminated because of a Disability without Cause and should there thereafter be a Change of Control, then the Executive would be entitled to be paid only under Section 6.2(d6.2(a) and not under Section 6.2(b), as well. In addition, the Executive shall not be entitled to receive severance benefits of any kind from any parent, wholly owned subsidiary or other affiliated entity of the Bank or the Company if in connection with the same event of series of events the payments provided for in this Section 6.2 have has been triggered.

Single Trigger Event. The provisions for payments contained in this Section 6.2 may be triggered only once during the term of this Agreement, so that, for example, should the Executive be terminated because of a Disability without Cause and should there thereafter be a Change of Control, then the Executive would be entitled to be paid only under Section 6.2(d6.2(a) and not under Section 6.2(b), ) as well. In addition, the Executive shall not be entitled to receive severance benefits of any kind from any parent, wholly owned subsidiary or other affiliated entity of the Bank or the Company if in connection with the same event of or series of events the payments provided BN 77612300v2 ​ for in this Section 6.2 have has been triggered.

Single Trigger Event. The provisions for payments contained in this Section 6.2 may be triggered only once during the term of this Agreement, so that, for example, should the Executive be terminated because of a Disability without Cause and should there thereafter be a Change of Control, then the Executive would be entitled to be paid only under Section 6.2(d6.2(a) and not under Section 6.2(b), ) as well. In addition, the Executive shall not be entitled to receive severance benefits of any kind from any parent, wholly owned subsidiary or other affiliated entity of the Bank or the Company if in connection with the same event of or series of events the payments provided for in this Section 6.2 have has been triggered.