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

EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFITS PLANS. This Agreement contains the entire understanding between the parties hereto and supersedes any prior severance arrangements, employment and change in control agreements between the Bank and Executive, including the Prior Agreement, except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to Executive under another plan, program or agreement (other than an employment or change in control agreement) between the Bank and Executive.

Appears in 2 contracts

Samples: Employment Agreement (Bogota Financial Corp.), Employment Agreement (Bogota Financial Corp.)

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EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFITS PLANS. This Agreement contains the entire understanding between the parties hereto and supersedes shall, as of the Effective Date, supersede any prior severance arrangements, employment and change in control agreements agreement between the Bank or any predecessor of the Bank and Executive, including the Prior Agreement, except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to Executive under another plan, program or agreement (other than an employment or change in control agreement) between the Bank and Executive.

Appears in 2 contracts

Samples: Employment Agreement (BV Financial, Inc.), Employment Agreement (BV Financial, Inc.)

EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFITS PLANS. This Agreement contains the entire understanding between the parties hereto and supersedes any prior severance arrangements, employment and change in control agreements agreement between the Bank or any predecessor of the Bank and Executive, including the Prior 2012 Agreement, except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to Executive under another plan, program or agreement (other than an employment or change of a kind elsewhere provided in control agreement) between the Bank and Executivewriting.

Appears in 2 contracts

Samples: Employment Agreement (Georgetown Bancorp, Inc.), Employment Agreement (Georgetown Bancorp, Inc.)

EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFITS PLANS. This Agreement contains the entire understanding between the parties hereto and supersedes any prior severance arrangements, employment and or change in control agreements agreement between the Bank or any predecessor of the Bank and Executive, including the Prior Agreement, except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to Executive under another plan, program or agreement (other than an employment or change in control agreement) between the Bank and Executive.

Appears in 1 contract

Samples: Employment Agreement (FSB Bancorp, Inc.)

EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFITS PLANS. This Agreement contains the entire understanding between the parties hereto and supersedes the Prior Agreements between the Bank or any prior severance arrangements, employment and change in control agreements between predecessor of the Bank and Executive, including the Prior Agreement, except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to Executive under another plan, program or agreement (other than an employment or change in control agreementthe Prior Agreements) between the Bank and Executive.

Appears in 1 contract

Samples: Employment Agreement (Peapack Gladstone Financial Corp)

EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFITS PLANS. This Agreement contains the entire understanding between the parties hereto and supersedes any prior severance arrangements, employment and change in control agreements agreement between the Bank and Executive, including the Prior Agreement, except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to Executive under another plan, program or agreement (other than an employment or change in control agreement) between the Bank and Executiveof a kind expressly provided elsewhere.

Appears in 1 contract

Samples: Employment Agreement (Kearny Financial Corp.)

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EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFITS PLANS. This Agreement contains the entire understanding between the parties hereto and supersedes any prior severance arrangements, employment and change in control agreements between the Bank or any predecessor of the Bank and Executive, including the Prior Agreement, except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to Executive under another plan, program or agreement (other than an employment or change in control agreement) between the Bank and Executive.

Appears in 1 contract

Samples: Employment Agreement (Peapack Gladstone Financial Corp)

EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFITS PLANS. This Agreement Agreement, along with any agreement referenced herein, contains the entire understanding between the parties hereto and supersedes any prior severance arrangements, employment and change in control agreements agreement between the Bank or any predecessor of the Bank and Executive, including the Prior Agreement, except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to Executive under another plan, program or agreement (other than an employment or change in control agreement) between the Bank Bank, Company and Executive.

Appears in 1 contract

Samples: Employment Agreement (Orange County Bancorp, Inc. /DE/)

EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFITS PLANS. This Agreement contains the entire understanding between the parties hereto and supersedes any prior severance arrangements, employment and change in control agreements between the Bank and Executive, including the Prior Agreement, except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to the Executive under another plan, program or agreement (other than an employment or change in control agreement) between the Bank and the Executive. For purposes of clarity, the Prior Agreement will automatically terminate as of the Effective Date without any further action or notice to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Pathfinder Bancorp, Inc.)

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