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Common use of Benefits Following a Change in Control Clause in Contracts

Benefits Following a Change in Control. In the event of a Change in Control, Executive shall be entitled to the benefit hereunder whether or not he enters into an arrangement that is deemed to be competitive with the Bank.

Appears in 2 contracts

Sources: Executive Supplemental Retirement Income Agreement (Brooklyn Federal Bancorp, Inc.), Executive Supplemental Retirement Income Agreement (Brooklyn Federal Bancorp, Inc.)

Related Clauses

  • Termination Following a Change in Control
  • Following a Change in Control
  • Termination Following a Change of Control
  • Termination of Employment Following a Change in Control
  • Termination Following Change in Control

Parent Clauses

  • Benefits to Executive
  • Non Competition After Normal Retirement
  • Act Provisions
  • Acceleration of Payments
  • Payments Upon Termination of Employment Severance Payments

Sub-Clauses

  • Benefits to be Provided
  • Health and Life Insurance Coverages
  • Involuntary Termination
  • Salary
  • Employee Retirement Plans
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