Change of Control Benefit. Upon a Change of Control followed within twelve (12) months by the Executive’s Termination of Employment, the Company shall pay to the Executive the benefit described in this Section 2.5 in lieu of any other benefit under this Article.
Appears in 4 contracts
Sources: Salary Continuation Agreement (Premier Commercial Bancorp), Salary Continuation Agreement (Premier Commercial Bancorp), Salary Continuation Agreement (Premier Commercial Bancorp)
Change of Control Benefit. Upon a Change of Control followed within twelve (12) months by the Executive’s 's Termination of Employment, the Company Bank shall pay to the Executive the benefit described in this Section 2.5 2.4 in lieu of any other benefit under this Article.
Appears in 4 contracts
Sources: Salary Continuation Agreement (Service 1st Bancorp), Salary Continuation Agreement (Service 1st Bancorp), Salary Continuation Agreement (Service 1st Bancorp)
Change of Control Benefit. Upon a Change of Control Control, followed within twelve (12) months by the Executive’s Termination of EmploymentEmployment for reasons other than death, Disability or retirement, the Company shall pay to the Executive the benefit described in this Section 2.5 in lieu of any other benefit under this ArticleAgreement.
Appears in 4 contracts
Sources: Salary Continuation Agreement (Sierra Bancorp), Salary Continuation Agreement (Sierra Bancorp), Salary Continuation Agreement (FCB Bancorp)
Change of Control Benefit. Upon a Change of Control Control, followed within twelve (12) months by the Executive’s 's Termination of EmploymentEmployment for reasons other than death, Disability or retirement, the Company shall pay to the Executive the benefit described in this Section 2.5 2.4 in lieu of any other benefit under this ArticleAgreement.
Appears in 3 contracts
Sources: Salary Continuation Agreement (FFW Corp), Salary Continuation Agreement (FFW Corp), Salary Continuation Agreement (FFW Corp)
Change of Control Benefit. Upon a Change of Control Control, followed within twelve (12) months by the Executive’s 's Termination of EmploymentEmployment for reasons other than death, Disability or retirement, the Company shall pay to the Executive the benefit described in this Section 2.5 in lieu of any other benefit under this ArticleAgreement.
Appears in 3 contracts
Sources: Salary Continuation Agreement (FNB Bancorp/Ca/), Salary Continuation Agreement (FNB Bancorp/Ca/), Salary Continuation Agreement (FNB Bancorp/Ca/)
Change of Control Benefit. Upon a Change the Executive’s Termination of Control followed Employment within twelve (12) months by following a Change of Control and prior to attainment of the Executive’s Termination of EmploymentNormal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.5 2.4 (the “Change in Control Benefit”) in lieu of any other benefit under this ArticleAgreement.
Appears in 2 contracts
Sources: Salary Continuation Agreement (Consumers Bancorp Inc /Oh/), Salary Continuation Agreement (Consumers Bancorp Inc /Oh/)
Change of Control Benefit. Upon a Change the Executive’s Termination of Control followed Employment within twelve (12) months by the Executive’s Termination following a Change of EmploymentControl for reasons other than death, Disability, or Retirement, the Company shall pay to the Executive the benefit described in this Section 2.5 2.4 (the “Change in Control Benefit”) in lieu of any other benefit under this ArticleAgreement.
Appears in 2 contracts
Sources: Salary Continuation Agreement (Consumers Bancorp Inc /Oh/), Salary Continuation Agreement (Consumers Bancorp Inc /Oh/)
Change of Control Benefit. Upon a Change of Control followed within twelve twenty-four (1224) months by the Executive’s Termination of Employment, the Company shall pay to the Executive the benefit described in this Section 2.5 in lieu of any other benefit under this Article.
Appears in 2 contracts
Sources: Salary Continuation Agreement (Redwood Empire Bancorp), Supplemental Executive Retirement Plan (Porter Bancorp, Inc.)
Change of Control Benefit. Upon Termination of Employment within twenty-four (24) months following a Change of Control followed within twelve (12) months by the Executive’s Termination of EmploymentControl, the Company Company, subject to the provisions of Section 2.4.1.1 and Section 5.3, shall pay to the Executive the benefit described in this Section 2.5 2.4 in lieu of any other benefit under this ArticleAgreement.
Appears in 1 contract
Sources: Supplemental Executive Retirement Plan (Citizens Holding Co /MS/)
Change of Control Benefit. Upon a Change of Control Control, followed within twelve (12) months by the Executive’s 's Termination of EmploymentEmployment for reasons other than death, Disability or retirement, the Company shall pay to the Executive the benefit described in this Section 2.5 2.4 in lieu of any other benefit under this Article.
Appears in 1 contract
Sources: Salary Continuation Agreement (Heartland Bancshares Inc /In/)
Change of Control Benefit. Upon a Change of Control followed within twelve thirty-six (1236) months by the Executive’s Termination of Employment, the Company shall pay to the Executive the benefit described in this Section 2.5 in lieu of any other benefit under this Article.
Appears in 1 contract
Sources: Supplemental Executive Retirement Plan (Porter Bancorp, Inc.)
Change of Control Benefit. Upon a Change of Control followed within twelve (12) 12 months by the Executive’s 's Termination of Employment, the Company shall pay to the Executive the benefit described in this Section 2.5 2.4 in lieu of any other benefit under this ArticleAgreement.
Appears in 1 contract
Sources: Salary Continuation Agreement (Camco Financial Corp)
Change of Control Benefit. Upon a Change of Control Control, followed within twelve (12) months by the Executive’s 's Termination of EmploymentEmployment for reasons other than death, Disability or retirement, the Company shall pay to the Executive the benefit described in this Section 2.5 4.4 in lieu of any other benefit under this Article.Agreement. 4
Appears in 1 contract
Sources: Deferred Compensation Agreement (Southern Michigan Bancorp Inc)
Change of Control Benefit. Upon a Change of Control Control, followed within twelve (12) months by the Executive’s Termination of Employment, the Company shall pay to the Executive the benefit described in this Section 2.5 2.3 in lieu of any other benefit under this Article.
Appears in 1 contract
Sources: Supplemental Executive Retirement Plan (Harbor Bankshares Corp)
Change of Control Benefit. Upon In the event that Company terminates Executive's employment (other than for Cause) within twelve months following a Change of Control followed within twelve (12) months by the Executive’s Termination of EmploymentControl, the Company shall pay to the Executive the benefit described in this Section 2.5 2.4 in lieu of any other benefit under this ArticleAgreement.
Appears in 1 contract
Sources: Salary Continuation Agreement (Ridgestone Financial Services Inc)
Change of Control Benefit. Upon a Change of Control Control, followed within twelve (12) months by the Executive’s 's Termination of EmploymentEmployment for reasons other than death, Disability or retirement, the Company shall pay to the Executive the benefit described in this Section 2.5 4.4 in lieu of any other benefit under this ArticleAgreement.
Appears in 1 contract
Sources: Deferred Compensation Agreement (Southern Michigan Bancorp Inc)
Change of Control Benefit. Upon In the event that the Company terminate Executive's employment (other than for Cause) within twelve months following a Change of Control followed within twelve (12) months by the Executive’s Termination of EmploymentControl, the Company shall pay to the Executive the benefit described in this Section 2.5 4.4 in lieu of any other benefit under this ArticleAgreement.
Appears in 1 contract
Sources: Executive Incentive Retirement Agreement (Ridgestone Financial Services Inc)