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

Employee Benefit Plans and Employee Payments. (a) GABC and GABC’s subsidiaries, as applicable, shall provide compensation and benefits to the officers and employees of RVB, any of the Subsidiaries, or the Trust who continue as employees of GABC or any of GABC’s subsidiaries after the Effective Time (“Continuing Employees”) that are generally comparable to those provided to similarly situated employees of GABC and GABC’s subsidiaries.

Appears in 2 contracts

Samples: Transition Employment Agreement (River Valley Bancorp), Transition Employment Agreement (German American Bancorp, Inc.)

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Employee Benefit Plans and Employee Payments. (a) GABC and GABC’s 's subsidiaries, as applicable, shall provide compensation and benefits to the officers and employees of RVBCitizens First, any of the Subsidiaries, or CF Bank and the Trust who continue as employees of GABC or any of GABC’s 's subsidiaries after the Effective Time ("Continuing Employees") that are generally comparable to those provided to similarly situated employees of GABC and GABC’s 's subsidiaries.

Appears in 2 contracts

Samples: Termination and Release Agreement (German American Bancorp, Inc.), Termination and Release Agreement (Citizens First Corp)

Employee Benefit Plans and Employee Payments. (a) GABC and GABC’s 's subsidiaries, as applicable, shall provide compensation and benefits to the officers and employees of RVB, FSI and any of the Subsidiaries, or the Trust Subsidiaries who continue as employees of GABC or any of GABC’s 's subsidiaries after the Effective Time ("Continuing Employees") that are generally comparable to those provided to similarly situated employees of GABC and GABC’s 's subsidiaries.

Appears in 1 contract

Samples: Transition Retention Agreement (German American Bancorp, Inc.)

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Employee Benefit Plans and Employee Payments. (a) GABC and GABC’s subsidiaries, as applicable, shall provide compensation and benefits to the officers and employees of RVBCUB, any of the Subsidiaries, or Subsidiaries and the Trust Trusts who continue as employees of GABC or any of GABC’s subsidiaries after the Effective Time (“Continuing Employees”) that are generally comparable to those provided to similarly situated employees of GABC and GABC’s subsidiaries.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (German American Bancorp, Inc.)

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