Common use of Individual Agreement Clause in Contracts

Individual Agreement. This Agreement constitutes an agreement solely between the Corporation, the Bank and Executive named herein. This Agreement is intended to constitute a non-qualified arrangement for the benefit of the Executive and shall be construed and interpreted in a manner consistent with such intention.

Appears in 10 contracts

Samples: Change in Control Agreement (LINKBANCORP, Inc.), Change of Control Agreement (Codorus Valley Bancorp Inc), Change of Control Agreement (Codorus Valley Bancorp Inc)

AutoNDA by SimpleDocs

Individual Agreement. This Agreement constitutes an -------------------- agreement solely between the Corporation, the Bank Corporation and Executive named herein. This Agreement is intended to constitute a non-qualified arrangement for the benefit of the Executive a key management employee and shall be construed and interpreted in a manner consistent with such intention.

Appears in 3 contracts

Samples: Change in Control Agreement (Heritage Bancorp Inc /Pa/), Change in Control Agreement (Heritage Bancorp Inc /Pa/), Change in Control Agreement (Heritage Bancorp Inc /Pa/)

Individual Agreement. This Agreement constitutes an agreement solely between the Corporation, the Bank Corporation and Subsidiary and Executive named herein. This Agreement is intended to constitute a non-qualified arrangement for the benefit of the Executive a key management employee and shall be construed and interpreted in a manner consistent with such intention.

Appears in 2 contracts

Samples: Change in Control Agreement (Gateway Trade Center Inc.), Change in Control Agreement (Gateway Trade Center Inc.)

Individual Agreement. This Agreement constitutes an agreement solely between among the Corporation, the Bank and the Executive named herein. This Agreement is intended to constitute a non-qualified arrangement for the benefit of the Executive and shall be construed and interpreted in a manner consistent with such intention.

Appears in 2 contracts

Samples: Change in Control Agreement (Orrstown Financial Services Inc), Change in Control Agreement (Orrstown Financial Services Inc)

Individual Agreement. This Agreement constitutes an agreement solely between the Corporation, the Bank Corporation and Executive named herein. This Agreement is intended to constitute a non-qualified arrangement for the benefit of the Executive a key management employee and shall be construed and interpreted in a manner consistent with such intention.

Appears in 1 contract

Samples: Change in Control Agreement (Gateway Trade Center Inc.)

AutoNDA by SimpleDocs

Individual Agreement. This Agreement constitutes an agreement -------------------- solely between the Corporation, the Bank and Executive named herein. This Agreement is intended to constitute a non-qualified arrangement for the benefit of the Executive a key management employee and shall be construed and interpreted in a manner consistent with such intention.

Appears in 1 contract

Samples: Change in Control Agreement (Dauphin Deposit Corp)

Individual Agreement. This Agreement constitutes an agreement -------------------- solely between the Corporation, the Bank Corporation and Executive named herein. This Agreement is intended to constitute a non-qualified arrangement for the benefit of the Executive a key management employee and shall be construed and interpreted in a manner consistent with such intention. The obligations to make payments hereunder shall be unfunded and Executive's rights to receive any payments hereunder shall be the same as those of any other unsecured general creditor.

Appears in 1 contract

Samples: Change in Control Agreement (Dauphin Deposit Corp)

Individual Agreement. This Agreement constitutes an agreement -------------------- solely between the Corporation, the Bank Corporation and Executive named herein. This Agreement is intended to constitute a non-qualified arrangement for the benefit of the Executive a key management employee and shall be construed and interpreted in a manner consistent with such intention.

Appears in 1 contract

Samples: Change in Control Agreement (Heritage Bancorp Inc /Pa/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!