Common use of Binding Effect of Agreement Clause in Contracts

Binding Effect of Agreement. This Agreement shall inure to the benefit of and be binding upon Employer, its successors and assigns, including without limitation, any person, partnership or corporation which may acquire all or substantially all of Employer’s assets and business, or with or into which Employer may be consolidated, merged or otherwise reorganized, and this provision shall apply in the event of any subsequent merger, consolidation, reorganization, or transfer. The provisions of this Agreement shall be binding upon and inure to the benefit of Executive and Executive’s heirs and personal representatives. The rights and obligations of Executive under Agreement shall not be transferable by assignment or otherwise, such rights shall not be subject to commutation, encumbrance or the claims of Executive’s creditors, and any attempt to do any of the foregoing shall be void.

Binding Effect of Agreement. This Agreement shall inure to the benefit of and be binding upon Employerthe Corporation, its successors and assigns, including without limitation, any person, partnership or corporation which may acquire all or substantially all of Employer’s the Corporation's assets and business, business or with or into which Employer the Corporation or its subsidiary banks may be consolidated, merged or otherwise reorganized, and this provision shall apply in the event of any subsequent merger, consolidation, reorganization, reorganization or transfer. The provisions of this Agreement shall be binding upon and inure to the benefit of Executive and Executive’s his heirs and personal representatives. The rights and obligations of benefits payable to the Executive under this Agreement shall not be transferable by the Executive or his Designated Beneficiary or Surviving Spouse by assignment or otherwise, otherwise and such rights shall not be subject to commutation, encumbrance or the claims of the creditors the Executive’s creditors, his Designated Beneficiary or Surviving Spouse and any attempt to do any of the foregoing shall be void.

Binding Effect of Agreement. This Agreement shall inure to the benefit of and be binding upon Employer, its successors and assigns, including without limitation, any person, partnership or corporation which may acquire all or substantially all of Employer’s 's assets and business, business or with or into which Employer or its subsidiary banks may be consolidated, merged or otherwise reorganized, and this provision shall apply in the event of any subsequent merger, consolidation, reorganization, consolidation reorganization or transfer. The provisions of this Agreement shall be binding upon and inure to the benefit of Executive Employee and Executive’s his heirs and personal representatives. The rights and obligations of Executive Employee under this Agreement shall not be transferable by Employee by assignment or otherwise, otherwise and such rights shall not be subject to commutation, encumbrance or the claims of Executive’s Employee's creditors, and any attempt to do any of the foregoing shall be void.

Binding Effect of Agreement. This Agreement shall inure to the benefit of and be binding upon EmployerBancorp, its successors and assigns, including without limitation, any person, partnership or corporation which may acquire all or substantially all of EmployerBancorp’s assets and business, or with or into which Employer Bancorp may be consolidated, merged or otherwise reorganized, and this provision shall apply in the event of any subsequent merger, consolidation, reorganization, or transfer. The provisions of this Agreement shall be binding upon and inure to the benefit of Executive and Executive’s his heirs and personal representatives. The rights and obligations of Executive under this Agreement shall not be transferable by assignment or otherwise, such rights shall not be subject to commutation, encumbrance or the claims of Executive’s creditors, and any attempt to do any of the foregoing shall be void.

Binding Effect of Agreement. This Agreement shall inure to the benefit of and be binding upon Employer, its successors and assigns, including without limitation, any person, partnership or corporation which may acquire all or substantially all of Employer’s assets and business, or with or into which Employer may be consolidated, merged or otherwise reorganized, and this provision shall apply in the event of any subsequent merger, consolidation, reorganization, or transfer. The provisions of this Agreement shall be binding upon and inure to the benefit of Executive and Executive’s his heirs and personal representatives. The rights and obligations of Executive under this Agreement shall not be transferable by assignment or otherwise, such rights shall not be subject to commutation, encumbrance or the claims of Executive’s creditors, and any attempt to do any of the foregoing shall be void.

Binding Effect of Agreement. This Agreement shall inure to the benefit of and be binding upon Employer, its successors and assigns, including without limitation, any person, partnership or corporation which may acquire all or substantially all of Employer’s 's assets and business, business or with or into which Employer or Pacific may be consolidated, merged or otherwise reorganized, and this provision shall apply in the event of any subsequent merger, consolidation, reorganization, consolidation reorganization or transfer. The provisions of this Agreement shall be binding upon and inure to the benefit of Executive Employee and Executive’s his heirs and personal representatives. The rights and obligations of Executive Employee under this Agreement shall not be transferable by Employee by assignment or otherwise, otherwise and such rights shall not be subject to commutation, encumbrance or the claims of Executive’s Employee's creditors, and any attempt to do any of the foregoing shall be void.

Binding Effect of Agreement. This Agreement shall inure insure to the benefit of and be binding upon Employer, its successors and assigns, including without limitation, any person, partnership or corporation which may acquire all or substantially all of Employer’s 's assets and business, or with or into which Employer may be consolidated, merged or otherwise reorganized, and this provision shall apply in the event of any subsequent merger, consolidation, reorganization, or transfer. The provisions of this Agreement shall be binding upon and inure to the benefit of Executive Employee and Executive’s his heirs and personal representatives. The rights and obligations of Executive Employee under this Agreement shall not be transferable by assignment or otherwise, such rights shall not be subject to commutation, encumbrance or the claims of Executive’s Employee's creditors, and any attempt to do any of the foregoing shall be void.

Binding Effect of Agreement. This Agreement shall inure to the benefit of and be binding upon Employer, its successors and assigns, including without limitation, any person, partnership or corporation which may acquire all or substantially all of Employer’s 's assets and business, or with or into which Employer or Pacific may be consolidated, merged or otherwise reorganized, and this provision shall apply in the event of any subsequent merger, consolidation, reorganization, reorganization or transfer. The provisions of this Agreement shall be binding upon and inure to the benefit of Executive Employee and Executive’s his heirs and personal representatives. The rights and obligations of Executive Employee under this Agreement shall not be transferable by Employee by assignment or otherwise, otherwise and such rights shall not be subject to commutation, encumbrance or the claims of Executive’s Employee's creditors, and any attempt to do any of the foregoing shall be void.. 106

Binding Effect of Agreement. This Agreement shall inure to the benefit of and be binding upon Employer, its successors and assigns, including without limitation, any person, partnership or corporation which may acquire all or substantially all of Employer’s 's assets and business, business or with or into which Employer or Pacific may be consolidated, merged or otherwise reorganized, and this provision shall apply in the event of any subsequent merger, consolidation, reorganization, reorganization or transfer. The provisions of this Agreement shall be binding upon and inure to the benefit of Executive Employee and Executive’s his heirs and personal representatives. The rights and obligations of Executive Employee under this Agreement shall not be transferable by Employee by assignment or otherwise, otherwise and such rights shall not be subject to commutation, encumbrance or the claims of Executive’s Employee's creditors, and any attempt to do any of the foregoing shall be void.

Binding Effect of Agreement. This Agreement shall inure to the benefit of and be binding upon Employerthe Bank, its successors and assigns, including without limitation, any person, partnership or corporation which may acquire all or substantially all of Employer’s the Bank's assets and business, business or with or into which Employer the Bank or its subsidiary banks may be consolidated, merged or otherwise reorganized, and this provision shall apply in the event of any subsequent merger, consolidation, reorganization, reorganization or transfer. The provisions of this Agreement shall be binding upon and inure to the benefit of Executive and Executive’s his heirs and personal representatives. The rights and obligations of benefits payable to the Executive under this Agreement shall not be transferable by the Executive or his Designated Beneficiary or Surviving Spouse by assignment or otherwise, otherwise and such rights shall not be subject to commutation, encumbrance or the claims of the creditors the Executive’s creditors, his Designated Beneficiary or Surviving Spouse and any attempt to do any of the foregoing shall be void.

Binding Effect of Agreement. This Agreement shall inure to the benefit of and be binding upon Employerthe Corporation, its successors and assigns, including without limitation, any person, partnership or corporation which may acquire all or substantially all of Employerthe Corporation’s assets and business, business or with or into which Employer the Corporation or its subsidiary banks may be consolidated, merged or otherwise reorganized, and this provision shall apply in the event of any subsequent merger, consolidation, reorganization, reorganization or transfer. The provisions of this Agreement shall be binding upon and inure to the benefit of Executive and Executive’s his heirs and personal representatives. The rights and obligations of benefits payable to the Executive under this Agreement shall not be transferable by the Executive or his Designated Beneficiary or Surviving Spouse by assignment or otherwise, otherwise and such rights shall not be subject to commutation, encumbrance or the claims of the creditors the Executive’s creditors, his Designated Beneficiary or Surviving Spouse and any attempt to do any of the foregoing shall be void.