Common use of Employee Clause in Contracts

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 37 contracts

Samples: Employment Agreement (AJS Bancorp, Inc.), Employment Agreement (AJS Bancorp, Inc.), Employment Agreement (Ajs Bancorp Inc)

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Employee. Since Because the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 5 contracts

Samples: Employment Agreement (First Financial Corp /In/), Employment Agreement (First Financial Corp /In/), Employment Agreement (First Financial Corp /In/)

Employee. Since Because the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his her rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his her death, or (ii) the executors, administrators, or other legal representatives of the Employee or his her estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 5 contracts

Samples: Employment Agreement (First Financial Corp /In/), Employment Agreement (First Financial Corp /In/), Employment Agreement (First Financial Corp /In/)

Employee. Since the Bank is and the Company are contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the BankBank and the Company; provided, however, that nothing in this paragraph shall preclude (iI) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 5 contracts

Samples: Employment Agreement (Norwood Financial Corp), Employment Agreement (Norwood Financial Corp), Employment Agreement (Norwood Financial Corp)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i1) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 4 contracts

Samples: Employment Agreement (Ajs Bancorp Inc), Employment Agreement (Ajs Bancorp Inc), Employment Agreement (Ajs Bancorp Inc)

Employee. Since the Bank is contracting for the unique and -------- personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 4 contracts

Samples: Employment Agreement (Illinois Community Bancorp Inc), Employment Agreement (Flagstar Bancorp Inc), Employment Agreement (Firstfed Bancorp Inc)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his her rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i1) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his her death, or (ii) the executors, administrators, or other legal representatives of the Employee or his her estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 3 contracts

Samples: Employment Agreement (Ajs Bancorp Inc), Employment Agreement (Ajs Bancorp Inc), Employment Agreement (Ajs Bancorp Inc)

Employee. Since the Bank is and the Company are contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the BankBank and the Company; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 3 contracts

Samples: Employment Agreement (Norwood Financial Corp), Employment Agreement (Norwood Financial Corp), Employment Agreement (Glen Burnie Bancorp)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude preclude: (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, administrators or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 3 contracts

Samples: Employment Agreement (Citizens Community Bancorp Inc.), Employment Agreement (Citizens Community Bancorp Inc.), Employment Agreement (Citizens Community Bancorp Inc.)

Employee. Since the Company and the Bank is are contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 2 contracts

Samples: Employment Agreement (Cooperative Bankshares Inc), Employment Agreement (First South Bancorp Inc /Va/)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.,

Appears in 2 contracts

Samples: Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Frankfort First Bancorp Inc)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his her rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his her death, or (ii) the executors, administrators, or other legal representatives of the Employee or his her estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 2 contracts

Samples: Employment Agreement (Kentucky First Bancorp Inc), Employment Agreement (Eagle Bancshares Inc)

Employee. Since the Bank is contracting for the unique and personal -------- skills of the Employee, the Employee shall be precluded from assigning or delegating his her rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i1) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his her death, or (ii) the executors, administrators, or other legal representatives of the Employee or his her estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (Ajs Bancorp Inc)

Employee. Since the Bank is contracting for the unique and personal --------- skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (HCB Bancshares Inc)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his her rights or duties hereunder without first obtaining the written consent of the BankBank or the Company; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his her death, or (ii) the executors, administrators, or other legal representatives of the Employee or his her estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (Eagle Bancshares Inc)

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Employee. Since the Bank is contracting for the unique and personal -------- skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (First Lancaster Bancshares Inc)

Employee. Since the Bank is contracting for the unique and personal --------- skills of the Employee, the Employee shall be precluded from assigning or delegating his her rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his her death, or (ii) the executors, administrators, or other legal representatives of the Employee or his her estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (HCB Bancshares Inc)

Employee. Since the Bank is contracting for the unique and -------- personal skills of the Employee, the Employee shall be precluded from assigning or delegating his her rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his her death, or (ii) the executors, administrators, or other legal representatives of the Employee or his her estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (First Lancaster Bancshares Inc)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights right or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (River Valley Bancorp)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; hereunder, provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (Flagstar Bancorp Inc)

Employee. Since the Bank is contracting for the -------- unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (Ajs Bancorp Inc)

Employee. Since the Bank is contracting for the unique -------- and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (Heartland Bancshares Inc)

Employee. Since the Company and the Bank is are contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Company and the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (Pinnacle Bancshares Inc)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.to

Appears in 1 contract

Samples: Employment Agreement (Eagle Bancshares Inc)

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