Common use of EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFIT PLANS Clause in Contracts

EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFIT PLANS. (a) This Agreement contains the entire understanding between the parties hereto and supersedes any prior agreement between the Association and Executive (including without limitation that certain Change of Control Agreement between the Holding Company and Executive dated as of June 30, 1997), except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to Executive of a kind elsewhere provided. No provision of this Agreement shall be interpreted to mean that Executive is subject to receiving fewer benefits than those available to him without reference to this Agreement. (b) The termination of Executive's employment during the term of this Agreement or thereafter, whether by the Association or by Executive, shall have no effect on the rights and obligations of the parties hereto under the Association's qualified or non-qualified retirement, pension, savings, ESOP, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long-term disability insurance plans or such other employee benefit plans or programs, or compensation plans or programs, as may be maintained by, or cover employees of, the Association from time to time.

EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFIT PLANS. (a) This Agreement contains the entire understanding between the parties hereto and supersedes any prior agreement between the Association and Executive (including without limitation that certain Change of Control Agreement between the Holding 156 Company and Executive dated as of June 30, 1997), except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to Executive of a kind elsewhere provided. No provision of this Agreement shall be interpreted to mean that Executive is subject to receiving fewer benefits than those available to him without reference to this Agreement. (b) The termination of Executive's employment during the term of this Agreement or thereafter, whether by the Association or by Executive, shall have no effect on the rights and obligations of the parties hereto under the Association's qualified or non-qualified retirement, pension, savings, ESOP, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long-term disability insurance plans or such other employee benefit plans or programs, or compensation plans or programs, as may be maintained by, or cover employees of, the Association from time to time.

EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFIT PLANS. (a) This Agreement contains the entire understanding between the parties hereto and supersedes any prior agreement between the Association and Executive (including without limitation that certain Change of Control Agreement between the Holding 124 Company and Executive dated as of June 30, 1997), except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to Executive of a kind elsewhere provided. No provision of this Agreement shall be interpreted to mean that Executive is subject to receiving fewer benefits than those available to him without reference to this Agreement. (b) The termination of Executive's employment during the term of this Agreement or thereafter, whether by the Association or by Executive, shall have no effect on the rights and obligations of the parties hereto under the Association's qualified or non-qualified retirement, pension, savings, ESOP, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long-term disability insurance plans or such other employee benefit plans or programs, or compensation plans or programs, as may be maintained by, or cover employees of, the Association from time to time.

EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFIT PLANS. (a) This Agreement contains the entire understanding between the parties hereto and supersedes any prior agreement between the Association and Executive (including without limitation that certain Change of Control Agreement between the Holding 109 6 Company and Executive dated as of June 30, 1997), except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to Executive of a kind elsewhere provided. No provision of this Agreement shall be interpreted to mean that Executive is subject to receiving fewer benefits than those available to him without reference to this Agreement. (b) The termination of Executive's employment during the term of this Agreement or thereafter, whether by the Association or by Executive, shall have no effect on the rights and obligations of the parties hereto under the Association's qualified or non-qualified retirement, pension, savings, ESOP, thrift, profit-sharing or stock bonus plans, group life, health (including hospitalization, medical and major medical), dental, accident and long-term disability insurance plans or such other employee benefit plans or programs, or compensation plans or programs, as may be maintained by, or cover employees of, the Association from time to time.