Communications to Employees; Training. (a) Sellers and Purchaser agree that promptly following the execution of this Agreement, meetings shall be held at such location as Purchaser and Sellers shall mutually agree, provided that representatives of Sellers shall be permitted to attend such meetings to announce Purchaser’s proposed acquisition of the Purchased Assets to the Branch Employees. Sellers and Purchaser shall mutually agree as to the scope and content of all communications to the Branch Employees. Except as specifically provided in this Section 10.2, in no event shall Purchaser contact any Branch Employee without the prior written consent of Sellers, which consent shall not unreasonably be withheld or delayed.
Communications to Employees; Training. (a) Seller and Purchaser agree that promptly following the execution of this Agreement, meetings shall be held at such location as Purchaser and Seller shall mutually agree, provided that one or more representatives of Seller or its Affiliates shall be permitted to attend such meetings, to announce Purchaser’s proposed acquisition of the Business to the Employees. Seller and Purchaser shall mutually agree as to the scope and content of all communications to the Employees. Except as specifically provided in this Section 10.2(a), in no event prior to the Closing shall Purchaser contact any Employee without the prior written consent of Seller.
Communications to Employees; Training. Seller and Purchaser agree that promptly following the execution of this Agreement, meetings, joint or several, of Seller and Purchaser as the parties may agree, shall be held at the Branches or at such other location as Purchaser and Seller shall mutually agree, to announce Purchaser's proposed acquisition of the Branches to the Branch Employees. Seller and Purchaser shall mutually agree as to the scope and content of all initial communications to the Branch Employees. Thereafter, Purchaser shall be permitted to meet with the Branch Employees working at the Branches on the date of this Agreement, at times mutually convenient to Purchaser and Seller to discuss employment opportunities with Purchaser. Seller may temporarily transfer employees from other branches to the Branches, but none of such employees shall be treated as Branch Employees. From and after the Final Approval Date, Purchaser shall be permitted to conduct training sessions during normal business hours or at other times with the Branch Employees; provided that Purchaser will in good faith attempt to schedule such training sessions in a manner which does not unreasonably interfere with Seller's normal business operations. Purchaser shall reimburse the Branch Employees for transportation costs to and from the location where Purchaser shall train such employees and compensate the Branch Employees at their respective applicable standard or overtime rates for the time spent in such training.
Communications to Employees; Training. (a) Parent and the Company agree that promptly following the execution of this Agreement, meetings with employees of the Company and Company Bank shall be held at such location as Parent and the Company shall mutually agree, provided that representatives of the Company shall be permitted to attend such meetings, to announce the proposed Merger. Parent and the Company shall mutually agree as to the scope and content of all communications to the employees of the Company and Company Bank.
Communications to Employees; Training. (a) At times mutually agreed to, Seller and Purchaser may make public announcement of the transaction and file such documents with the Securities and Exchange Commission (“SEC”) in accordance with applicable securities laws. Seller and Purchaser agree that no sooner than five (5) days following the public announcement of the transaction, meetings may be held at the Branches on such date and at such time as Purchaser and Seller shall mutually agree, to allow a representatives of Seller and Purchaser to announce Purchaser’s proposed acquisition of the Branches and Purchased Assets to the Bank Employees. Seller and Purchaser shall mutually agree as to the date and time of such meeting, and the scope and content of all communications to the Bank Employees. Except as specifically provided in Section 8.15 and in this Section 8.16, in no event shall Purchaser contact any Bank Employee without the prior written consent of Xxxxx Xxxxxxx, which consent may not be unreasonably withheld, except those Bank Employees designated in writing by Seller to handle certain transition issues.
Communications to Employees; Training. (a) Seller and Purchaser agree that meetings may be held at the Branches on such date and at such time as Purchaser and Seller shall mutually agree, to allow a representatives of Seller and Purchaser to announce Purchaser’s proposed acquisition of the Branches and Purchased Assets to the Bank Employees. Seller and Purchaser shall mutually agree as to the date and time of such meeting, and the scope and content of all communications to the Bank Employees. Except as specifically provided in Section 8.13 and in this Section 8.14, in no event shall Purchaser contact any Bank Employee without the prior written consent of the Chief Financial Officer of Seller, which consent may not be unreasonably withheld, except those Bank Employees designated in writing by Seller to handle certain transition issues.
Communications to Employees; Training. (a) Sellers and Purchaser shall mutually agree as to the scope and content of all communications to the Business Employees, Additional Employees and Business Related Employees. Except as specifically provided in this Section 9.2, in no event shall Purchaser contact any Business Employee, Additional Employee or Business Related Employee without the prior written consent of Sellers, which will not be unreasonably withheld.
Communications to Employees; Training. With a representative of Liberty Bank permitted to attend, Middlefield Banc Corp. will meet with Liberty Bank employees to discuss this Agreement as promptly as practicable after execution of this Agreement, meeting at such locations as Middlefield Banc Corp. and Liberty Bank mutually agree. Middlefield Banc Corp. and Liberty Bank will agree in advance about the scope and content of communications to Liberty Bank employees regarding this Agreement. At mutually agreed times after execution of this Agreement and with a representative of Liberty Bank permitted to attend, representatives of Middlefield Banc Corp. may meet with Liberty Bank employees to discuss employment opportunities. From and after the first date on which Regulatory Approvals and Liberty Bank Stockholder Approval are obtained, for the benefit of Liberty Bank employees Middlefield Banc Corp. may conduct training sessions outside of normal business hours or at other times as Liberty Bank agrees and may conduct training seminars at any branch location of Liberty Bank. Middlefield Banc Corp. will in good faith attempt to schedule training sessions in a manner not unreasonably interfering with Liberty Bank’s normal business operations.
Communications to Employees; Training. Sovereign shall use its commercially reasonable efforts to cause FNB to agree to the following:
Communications to Employees; Training. (a) At mutually agreed upon times following the initial announcement of the transactions contemplated by this Agreement, Purchaser shall be permitted to meet with the Employees to conduct introductory meetings and discuss matters relating to the transition of employment to Purchaser, such as benefits enrollment, provided that one or more Representatives of Seller or its Affiliates shall be permitted to attend such meetings. The Parties shall mutually agree as to the scope and content of all communications to the Employees. Except as specifically provided in this Section 9.2(a), in no event prior to the Final Approval Date shall Purchaser contact any Employee without the prior written consent of Seller, which consent may be granted in Seller’s sole discretion.
