Common use of Complete Satisfaction Clause in Contracts

Complete Satisfaction. In consideration of the payment of the Employment Agreements Amount and the other provisions of this Agreement, the Executive, Buyer, Buyer Bank, Seller, and Seller Bank hereby agree that effective immediately following the Effective Time of the Merger, the Executive agrees that the full payment of the Employment Agreements Amount, as determined in accordance Section 1.1 and Section 1.2, shall be in complete satisfaction of all rights to payments due to Executive under the Employment Agreements.

Complete Satisfaction. In consideration of the payment of the Employment Agreements Amount Amount, the employment by Buyer and/or Buyer Bank following the Closing Date and the other provisions of this Agreement, the Executive, Buyer, Buyer Bank, Seller, and Seller Bank hereby agree that effective immediately following the Effective Time of the Merger, the Executive agrees that the full payment of the Employment Agreements Amount, as determined in accordance Section 1.1 and Section 1.2, shall be in complete satisfaction of all rights to payments due to Executive under the Employment Agreements.

Complete Satisfaction. In consideration of the payment of the Employment Agreements Agreement Amount and the other provisions of this Agreement, the Executive, Buyer, Buyer Bank, Seller, Purchaser and Seller FM Bank hereby agree that effective immediately following the Effective Time of the MergerTime, the Executive agrees that the full payment of the Employment Agreements Agreement Amount, as determined in accordance Section 1.1 and Section 1.22, shall be in complete satisfaction of all rights to payments due to Executive under the Employment AgreementsAgreement.