Common use of Fair and Adequate Compensation Clause in Contracts

Fair and Adequate Compensation. Bank and Executive acknowledge that such compensation and the other covenants and agreements of Bank contained herein are fair and adequate compensation for Executive's services and for the covenants described below.

Appears in 5 contracts

Samples: Employment Agreement (Pacific Coast National Bancorp), Employment Agreement (Pacific Coast National Bancorp), Employment Agreement (Pacific Coast National Bancorp)

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Fair and Adequate Compensation. The Bank and the Executive acknowledge that such compensation and the other covenants and agreements of the Bank contained herein are fair and adequate compensation for the Executive's services ’s services, and for the covenants described below.

Appears in 4 contracts

Samples: Executive Employment Agreement (Gateway Pacific Bancorp), Executive Employment Agreement (Gateway Pacific Bancorp), Executive Employment Agreement (Gateway Pacific Bancorp)

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Fair and Adequate Compensation. The Bank and Executive acknowledge that such compensation and the other covenants and agreements of the Bank contained herein are fair and adequate compensation for Executive's services ’s services, and for the covenants described below.

Appears in 2 contracts

Samples: Employment Agreement (Red River Bancshares Inc), Employment Agreement (Red River Bancshares Inc)

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