Common use of Employee Benefit Plans and Employee Payments Clause in Contracts

Employee Benefit Plans and Employee Payments. (a) Horizon shall make available to the officers and employees of WBKC or any Subsidiary who continue as employees of Horizon or any Subsidiary after the Effective Time (“Continuing Employees”), substantially the same employee benefits as are generally available to similarly-situated Horizon employees.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Wolverine Bancorp, Inc.), Agreement and Plan of Merger (Horizon Bancorp /In/)

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Employee Benefit Plans and Employee Payments. (a) Horizon shall make available to the officers and employees of WBKC Peoples or any Subsidiary who continue as employees of Horizon or any Subsidiary after the Effective Time (“Continuing Employees”), substantially the same employee benefits as are generally available to similarly-situated all Horizon employees.

Appears in 1 contract

Samples: Mutual Termination of Employment Agreement (Horizon Bancorp /In/)

Employee Benefit Plans and Employee Payments. (a) Horizon shall make available to the officers and employees of WBKC SCB or any Subsidiary who continue as employees of Horizon or any Subsidiary after the Effective Time (“Continuing Employees”), substantially the same employee benefits as are generally available to similarly-situated all Horizon employees.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Horizon Bancorp /In/)

Employee Benefit Plans and Employee Payments. (a) Horizon shall make available to the officers and employees of WBKC SBI or any Subsidiary who continue as employees of Horizon or any Subsidiary after the Effective Time (“Continuing Employees”), substantially the same employee benefits as are generally available to similarly-situated all Horizon employees, except where different benefits are required by other provisions of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Horizon Bancorp Inc /In/)

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Employee Benefit Plans and Employee Payments. (ac) Horizon shall make available to the officers and employees of WBKC LPB or any Subsidiary who continue as employees of Horizon or any Subsidiary after the Effective Time (“Continuing Employees”), substantially the same employee benefits as are generally available to similarly-situated all Horizon employees.

Appears in 1 contract

Samples: Agreement and Plan of Merger (LaPorte Bancorp, Inc.)

Employee Benefit Plans and Employee Payments. (a) Horizon shall make available to the officers and employees of WBKC LPB or any Subsidiary who continue as employees of Horizon or any Subsidiary after the Effective Time (“Continuing Employees”), substantially the same employee benefits as are generally available to similarly-situated all Horizon employees.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Horizon Bancorp /In/)

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