Document ID: 10969

Text:
(c)Upon the termination of Executives employment constituting a separation from service, as defined in Treasury Regulation 1.409A-1(h) , and resulting from an Event of Termination as defined in Section 4(a) or 4(b), provided that Executive has signed and delivered to the Bank a release agreement in form and substance acceptable to the Bank (Release Agreement) on or before the deadline set forth in the Release Agreement, which deadline shall not be later than 60 days after the date of Executives termination, and further provided that Executive has not revoked the Release Agreement within the deadline for revocation established by the Release Agreement, the Bank, in accordance with the time line set forth below, shall pay Executive or, in the event of his subsequent death, his beneficiary or beneficiaries, or his estate, as the case may be, as severance pay or liquidated damages (but not both), a lump sum cash amount (Termination Payment) equal to, in the case of an Event of Termination as defined in Section 4(a), one (1) times the sum of, or, in the case of an Event of Termination as defined in Section 4(b), three (3) times the sum of:

Named Entities:
18
22
Regulation
59
60
Title
70
71
Title
82
83
Title
110
111
Title
120
121
Title

Tokenized Text:
(
c
)
Upon
the
termination
of
Executives
employment
constituting
a
separation
from
service
,
as
defined
in
Treasury
Regulation
1
.
409A-1
(
h
)
,
and
resulting
from
an
Event
of
Termination
as
defined
in
Section
4
(
a
)
or
4
(
b
)
,
provided
that
Executive
has
signed
and
delivered
to
the
Bank
a
release
agreement
in
form
and
substance
acceptable
to
the
Bank
(
Release
Agreement
)
on
or
before
the
deadline
set
forth
in
the
Release
Agreement
,
which
deadline
shall
not
be
later
than
60
days
after
the
date
of
Executives
termination
,
and
further
provided
that
Executive
has
not
revoked
the
Release
Agreement
within
the
deadline
for
revocation
established
by
the
Release
Agreement
,
the
Bank
,
in
accordance
with
the
time
line
set
forth
below
,
shall
pay
Executive
or
,
in
the
event
of
his
subsequent
death
,
his
beneficiary
or
beneficiaries
,
or
his
estate
,
as
the
case
may
be
,
as
severance
pay
or
liquidated
damages
(
but
not
both
)
,
a
lump
sum
cash
amount
(
Termination
Payment
)
equal
to
,
in
the
case
of
an
Event
of
Termination
as
defined
in
Section
4
(
a
)
,
one
(
1
)
times
the
sum
of
,
or
,
in
the
case
of
an
Event
of
Termination
as
defined
in
Section
4
(
b
)
,
three
(
3
)
times
the
sum
of
: