Change in Duties

Change in Duties. Shall mean the occurrence of any one or more of the following: (i) A significant change in the nature or scope of Executive's authorities or duties from those applicable to him immediately prior to the date on which a Change of Control occurs; (ii) A reduction in Executive's base salary from that provided to him immediately prior to the date on which a Change of Control occurs; (iii) A diminution in Executive's eligibility to participate in bonus, stock option, incentive award and... other compensation plans which provide opportunities to receive compensation which are the greater of (A) the opportunities provided by the Company (including its subsidiaries) for employees with comparable duties or (B) the opportunities under any such plans under which he was participating immediately prior to the date on which a Change of Control occurs; Confidential 1 (iv) A diminution in employee benefits (including but not limited to medical, dental, life insurance and long-term disability plans) and perquisites applicable to Executive from the greater of (A) the employee benefits and perquisites provided by the Company (including its subsidiaries) to employees with comparable duties or (B) the employee benefits and perquisites to which he was entitled immediately prior to the date on which a Change of Control occurs; or (v) A change in the location of Executive's principal place of employment by the Company (including its subsidiaries) by more than 50 miles from the location where he was principally employed immediately prior to the date on which a Change of Control occurs. View More

Change in Duties. Shall mean the occurrence, within two years after the date upon which a Change of Control occurs, of any one or more of the following: (i) A significant reduction in the duties of Executive from those applicable to him immediately prior to the date on which a Change of Control occurs; (ii) A reduction in Executive's annual salary or bonus opportunity under any applicable bonus or incentive ... compensation plan from that provided to him immediately prior to the date on which a Change of Control occurs; (iii) Receipt of employee benefits (including but not limited to medical, dental, life insurance, accidental death and dismemberment, and long-term disability plans) and perquisites by Executive that are materially inconsistent with the employee benefits and perquisites provided by the Company to executives with comparable duties; or (iv) A change in the location of Executive's principal place of employment by the Company by more than 50 miles from the location where he was principally employed immediately prior to the date on which a Change of Control occurs. View More

Change in Duties. Shall mean any one or more of the following occurring after a Change of Control: (i) a significant change in the nature or scope of Executive's authority or duties from those applicable to Executive immediately prior to the date on which a Change of Control occurs; (ii) a... reduction in Executive's Annual Base Salary (within the meaning of Section 3(b)(i)) from that provided to Executive immediately prior to the date on which a Change of Control occurs; (iii) Executive's eligibility to participate, and participation, in bonus, stock option, incentive award and other compensation plans which provide opportunities to receive compensation are not the same or greater than that of executives of the successor of the Company (including its Affiliates) with comparable duties; (iv) executive benefits (including but not limited to medical, dental, life insurance and long-term disability plans) and perquisites applicable to Executive are not the same as or greater than that of the executive benefits and perquisites provided to executives of the successor of the Company (including its Affiliates) with comparable duties; or (v) a change, without Executive's written agreement, in the location of Executive's principal place of employment with the Company (including its Affiliates) by more than fifty (50) miles from the location where Executive was principally employed immediately prior to the date on which a Change of Control occurs. View More

Change in Duties. Means: 1.3.1 A significant reduction in the nature or scope of the Employee's authority or duties from those immediately prior to the date on which a Change of Control occurs; 1.3.2 A reduction in the Employee's Base Annual Salary; 1.3.3 Exclusion from any incentive program from which the Employee was previously eligible, or which other executives with ... comparable duties participate in; 1.3.4 A change in location of the Employee's principal place of employment by more than fifty (50) miles; View More

Change in Duties. : 14.4.1. A significant reduction in the nature or scope of the Executive's authority or duties from those immediately prior to the date on which a Change of Control occurs; 14.4.2. A reduction in the Executive's Base Annual Salary, other than as provided in Section 4.1; 14.4.3. Exclusion from any incentive or benefit program from which the... Executive was previously eligible, and which other executives with comparable duties participate in; or 14.4.4. A change in location of the Executive's principal place of employment by more than fifty (50) miles. View More

Change in Duties. (a) "Change in Duties" shall mean any one or more of the following: (i) a significant adverse change in the status, title, position(s), responsibilities, or scope of the Executive's authorities or duties from those applicable to him immediately prior to the date on which a Change of Control occurs; (ii) assignment to the Executive of any duties or responsibilities which are inconsistent with the Executive's status, title, or position(s) as in effect immediately prior to the date on which a... Change of Control occurs; (iii) a material reduction in the Executive's total compensation from that provided to him immediately prior to the date on which a Change of Control occurs: (iv) a diminution in the Executive's eligibility to participate in bonus, incentive award, and other compensation plans which provide opportunities to receive compensation from the opportunities under any such plans in which the Executive was participating immediately prior to the date on which a Change of Control occurs; (v) a change in the location of the Executive's principal place of employment by the Bank or its subsidiaries and affiliates by more than 30 miles from the location where he was principally employed immediately prior to the date on which a Change of Control occurs; or (vi) a reasonable determination by the Board of Directors of the Bank that, as a result of a Change of Control and change in circumstances thereafter significantly affecting the Executive's position, the Executive is unable to exercise the authorities, powers, functions or duties attached to his position immediately prior to the date on which a Change of Control occurs. View More