Common use of Employee Agreements and Benefits Clause in Contracts

Employee Agreements and Benefits. (a) Following the Effective Time, Buyers shall cause the Surviving Corporation to honor in accordance with their terms all employment, severance and other compensation contracts set forth on Schedule 2.11(b) between Seller, any of the Seller Subsidiaries, and ---------------- any current or former director, officer, employee or agent thereof, and all provisions for vested benefits or other vested amounts earned or accrued through the Effective Time under the Seller Employee Plans.

Appears in 2 contracts

Samples: Agreement and Plan (Mercantile Bancorporation Inc), Agreement and Plan of Merger (Mercantile Bancorporation Inc)

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Employee Agreements and Benefits. (a) Following the Effective Time, Buyers shall cause the Surviving Corporation to honor in accordance with their terms all employment, severance and other compensation contracts set forth on Schedule 2.11(b) ---------------- between Seller, any of the Seller Subsidiaries, and ---------------- any current or former director, officer, employee or agent thereof, and all provisions for vested benefits or other vested amounts earned or accrued through the Effective Time under the Seller Employee Plans.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Unified Holdings Inc), Agreement and Plan of Merger (Unified Holdings Inc)

Employee Agreements and Benefits. (a) Following the Effective Time, Buyers shall cause the Surviving Corporation to honor in accordance with their terms all employment, severance and other compensation contracts set forth on Schedule 2.11(b) 5.10 between Seller, any of ------------- the Seller Subsidiaries, and ---------------- any current or former director, officer, employee or agent thereof, and all provisions for vested benefits or other vested amounts earned or accrued through the Effective Time under the Seller Employee Plans.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mercantile Bancorporation Inc)

Employee Agreements and Benefits. (a) Following the Effective Time, Buyers shall cause the Surviving Corporation to honor in accordance with their terms all employment, severance and other compensation contracts set forth on Schedule -------- 2.11(b) between Seller, any of the Seller Subsidiaries, and ---------------- any ------- current or former director, officer, employee or agent thereof, and all provisions for vested benefits or other vested amounts earned or accrued through the Effective Time under the Seller Employee Plans.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Homecorp Inc)

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Employee Agreements and Benefits. (a) Following the Effective Time, Buyers shall cause the Surviving Corporation to honor in accordance with their terms all employment, severance and other compensation contracts set forth on Schedule 2.11(b) between Seller, any of the Seller ---------------- Subsidiaries, and ---------------- any current or former director, officer, employee or agent thereof, and all provisions for vested benefits or other vested amounts earned or accrued through the Effective Time under the Seller Employee Plans.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Unified Holdings Inc)

Employee Agreements and Benefits. (a) Following the Effective Time, Buyers shall cause the Surviving Corporation to honor in accordance with their terms all employment, severance and other compensation contracts set forth on Schedule 2.11(b) between Seller, any of the Seller ---------------- Subsidiaries, and ---------------- any current or former director, officer, employee or agent thereof, and all provisions for vested benefits or other vested amounts earned or accrued through the Effective Time under the Seller Employee Plans.agent

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mercantile Bancorporation Inc)

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