Common use of Change in Control Benefit Clause in Contracts

Change in Control Benefit. If a Change in Control occurs, followed within twenty-four (24) months by Separation of Service prior to Normal Retirement Age, the Employer shall pay the Executive an annual benefit shown on Schedule A for the Plan Year ending immediately prior to Separation from Service in lieu of any other benefit hereunder. The annual benefit will be paid for fifteen (15) years in equal monthly installments commencing the month following Separation from Service.

Change in Control Benefit. If a Change in Control occurs, followed within twenty-four (24) months by Separation of Service prior to Normal Retirement Age, the Employer shall pay the Executive an annual the Change in Control benefit shown on Schedule A for corresponding to the Plan Year ending immediately prior to in which Separation from Service in lieu of any other benefit hereunderoccurs. The annual benefit will be paid for fifteen (15) years in equal monthly installments commencing the month following Separation from Serviceof Service for fifteen (15) years.

Change in Control Benefit. If a Change in Control occurs, followed within twenty-four (24) months by Separation of Service prior to Normal Retirement Age, the Employer shall pay the Executive an annual benefit shown on Schedule A for in the Plan Year ending immediately prior to Separation from Service amount of Fifteen Thousand Dollars ($15,000) in lieu of any other benefit hereunder. The annual benefit will be paid for fifteen (15) years in equal monthly installments commencing the month following Separation from ServiceNormal Retirement Age and continuing for fifteen (15) years.

Change in Control Benefit. If a Change in Control occurs, occurs followed within twenty-four (24) months by Separation of from Service prior to Normal Retirement Age, the Employer shall pay the Executive an the annual benefit shown on Schedule A for the Plan Year ending immediately prior to Separation from Service. Additionally, this benefit amount shall be increased by a pro-rated amount relative to the Executive’s service during the partial Plan Year in which Separation from Service in lieu of any other benefit hereundertakes place. The annual benefit will be paid for fifteen (15) years in equal monthly installments commencing the month following Separation from Service.

Change in Control Benefit. If a Change in Control occurs, followed within twenty-four (24) months by Separation of Service prior to Normal Retirement Age, the Employer shall pay the Executive an annual benefit shown on Schedule A for in the Plan Year ending immediately prior to Separation from Service amount of Twenty-Seven Thousand Dollars ($27,000) in lieu of any other benefit hereunder. The annual benefit will be paid for fifteen (15) years in equal monthly installments commencing the month following Separation from ServiceNormal Retirement Age and continuing for fifteen (15) years.

Change in Control Benefit. If a Change in Control occurs, occurs followed within twenty-four (24) months by Separation of from Service prior to Normal Retirement Age, the Employer shall pay the Executive an the annual benefit shown on Schedule A for the Plan Year ending immediately prior to Separation from Service Service, in lieu of any other benefit hereunder. Additionally, this benefit amount shall be increased by a pro-rated amount relative to the Executive’s service during the partial Plan Year in which Separation from Service takes place. The annual benefit will be paid for fifteen (15) years in equal monthly installments commencing the month following Separation from Service.

Change in Control Benefit. If a Change in Control occurs, followed within twenty-four (24) months by Separation of Service after December 31, 2014 and prior to Normal Retirement Age, the Employer shall pay the Executive an annual benefit shown on Schedule A for in the Plan Year ending immediately prior to Separation from Service amount of Fifty-Four Thousand Dollars ($54,000) in lieu of any other benefit hereunder. The annual benefit will be paid for fifteen (15) years in equal monthly installments commencing the month following Separation from ServiceService and continuing for fifteen (15) years.

Change in Control Benefit. If a Change in Control occurs, followed within twenty-four (24) months by Separation of Service an Involuntary Termination or a Termination for Good Reason prior to Normal Retirement Age, the Employer shall pay the Executive an annual benefit shown on Schedule A for in the Plan Year ending immediately prior to Separation from Service amount of Three Hundred Thousand Dollars ($300,000) in lieu of any other benefit hereunder. The annual benefit will be paid for fifteen (15) years in equal monthly installments commencing the month following Separation from ServiceService and continuing for fifteen (15) years.

Change in Control Benefit. If a Change in Control occurs, occurs followed within twenty-four (24) months by Separation of from Service prior to Normal Retirement Age, the Employer Company shall pay the Executive an the annual benefit shown on Schedule A for the Plan Year ending immediately prior to Separation from Service Service, in lieu of any other benefit hereunder. Additionally, this benefit amount shall be increased by a pro-rated amount relative to the Executive’s service during the partial Plan Year in which Separation from Service takes place. The annual benefit will be paid for fifteen (15) years in equal monthly installments commencing the month following Separation from Service.

Change in Control Benefit. If a Change in Control occurs, followed within twenty-four (24) months by Separation of Service prior to Normal Retirement Age, the Employer shall pay the Executive an annual benefit the amount shown on Schedule A for the Plan Year ending immediately prior to Separation from Service in lieu of any other benefit hereunder. The annual benefit will be paid for fifteen (15) years in equal monthly installments commencing a lump sum the month following Separation from Service.

Change in Control Benefit. If a Change in Control occurs, followed within twenty-four twelve (2412) months by Separation of Service prior to Normal Retirement Age, the Employer shall pay the Executive an annual benefit shown on Schedule A for the Accrued Benefit, calculated as of the end of the Plan Year ending immediately prior to Separation from Service Service, in lieu of any other benefit hereunder. The annual benefit will be paid for fifteen one hundred eighty (15180) years in equal monthly installments commencing on the first day of the month following Normal Retirement Age. During the time period between Separation from ServiceService and Normal Retirement Age and during the installment period, interest shall be credited on the Accrued Benefit at the Discount Rate.

Change in Control Benefit. If a Change in Control occurs, followed within twenty-four (24) months by Separation of Service an Involuntary Termination or a Termination for Good Reason prior to Normal Retirement Age, the Employer shall pay the Executive an annual benefit shown on Schedule A for in the Plan Year ending immediately prior to Separation from Service amount of Six Hundred Thousand Dollars ($600,000) in lieu of any other benefit hereunder. The annual benefit will be paid for fifteen (15) years in equal monthly installments commencing the month following Separation from ServiceService and continuing for fifteen (15) years. Section 2.5 of the Agreement shall be deleted and replaced by the following:

Change in Control Benefit. If a Change in Control occurs, followed within twenty-four (24) months by Separation of Service prior to Normal Retirement Age, the Employer shall pay the Executive an annual benefit shown on Schedule A for in the Plan Year ending immediately prior to Separation from Service amount of Thirty Thousand Dollars ($30,000) in lieu of any other benefit hereunder. The annual benefit will be paid for fifteen (15) years in equal monthly installments commencing the month following Separation from ServiceNormal Retirement Age and continuing for fifteen (15) years.

Change in Control Benefit. If a Change in Control occurs, followed within twenty-four (24) months by Separation of from Service prior to Normal Retirement Age, the Employer shall pay the Executive an annual benefit shown on Schedule A for the Plan Year ending immediately prior to Separation from Service in lieu of any other benefit hereunder. The annual benefit will be paid for fifteen (15) years in equal monthly installments commencing the month following Separation from ServiceNormal Retirement Age.

Change in Control Benefit. If a Change in Control occurs, followed within twenty-four (24) months by Separation of Service after December 31, 2014 and prior to Normal Retirement Age, the Employer shall pay the Executive an annual benefit shown on Schedule A for in the Plan Year ending immediately prior to Separation from Service amount of Fifty- Four Thousand Dollars ($54,000) in lieu of any other benefit hereunder. The annual benefit will be paid for fifteen (15) years in equal monthly installments commencing the month following Separation from ServiceService and continuing for fifteen (15) years.

Change in Control Benefit. If a Change in Control occurs, followed within twenty-four twelve (2412) months by Separation of Service prior to Normal Retirement Age, the Employer shall pay the Executive an annual benefit shown on Schedule A for in the Plan Year ending immediately prior to Separation from Service in lieu amount of any other benefit hereunder_________________. The Employer will pay the annual benefit will be paid in twelve (12) equal monthly installments for a period of fifteen (15) years in equal monthly installments commencing on the first day of the second month following Separation from Service.

Change in Control Benefit. If a Change in Control occurs, followed within twenty-four (24) months by Separation of Service prior to Normal Retirement Age, the Employer shall pay the Executive an annual benefit shown on Schedule A for in the Plan Year ending immediately prior to Separation from Service amount of Eighteen Thousand Dollars ($18,000) in lieu of any other benefit hereunder. The annual benefit will be paid for fifteen (15) years in equal monthly installments commencing the month following Separation from ServiceNormal Retirement Age and continuing for fifteen (15) years.

Change in Control Benefit. If a Change in Control occurs, followed within twenty-four (24) months by Separation of Service prior to Normal Retirement Age, the Employer shall pay the Executive an annual benefit shown on Schedule A for in the Plan Year ending immediately prior to Separation from Service amount of Forty-Two Thousand Dollars ($42,000) in lieu of any other benefit hereunder. The annual benefit will be paid for fifteen (15) years in equal monthly installments commencing the month following Separation from ServiceNormal Retirement Age and continuing for fifteen (15) years.

Change in Control Benefit. If a Change in Control occurs, followed within twenty-four (24) months by Separation of Service prior to Normal Retirement Age, the Employer shall pay the Executive an annual benefit shown on Schedule A for in the Plan Year ending immediately prior to Separation from Service amount of Seventy-Two Thousand Dollars ($72,000) in lieu of any other benefit hereunder. The annual benefit will be paid for fifteen (15) years in equal monthly installments commencing the month following Separation from ServiceService and continuing for fifteen (15) years.