Common use of Parent as a Party Clause in Contracts

Parent as a Party. Parent is a party to this Agreement solely for purpose of receiving the benefits of Sections 5, 6 and 8 hereof. Parent shall have no liability or obligation to Executive with respect to the Bank's performance or non-performance of any of its obligations under this Agreement.

Parent as a Party. Parent is a party to this Agreement solely for purpose purposes of receiving affecting the benefits grant of Sections 5the Options contemplated in Section 3, 6 and 8 hereofabove. Parent shall have no liability or obligation to Executive with respect to the Bank's ’s performance or non-performance of any of its obligations under this Agreement.

Parent as a Party. Parent is a party to this Agreement solely for purpose of receiving the benefits of Sections 5, 6 and 8 hereofthereof. Parent shall have no liability or obligation to Executive with respect to the Bank's performance or non-performance of any of its obligations under this Agreement.

Parent as a Party. The Parent is a party to this Agreement solely for purpose purposes of receiving effecting the benefits grant of Sections 5the Options contemplated in Section 3, 6 hereof and 8 hereofas otherwise provided herein. The Parent shall have no liability or obligation to Executive with respect to the Bank's performance or non-performance of any of its obligations under this AgreementAgreement but the benefits of this Agreement to the Bank shall inure to the benefit of Parent.

Parent as a Party. Parent is a party to this Agreement solely for purpose purposes of receiving effecting the benefits grant of Sections 5the Options contemplated in Section 3, 6 and 8 hereofabove. Parent shall have no liability or obligation to Executive with respect to the Bank's ’s performance or non-performance of any of its obligations under this Agreement.

Parent as a Party. Parent is a party to this Agreement solely for purpose purposes of receiving effecting the benefits grant of Sections 5, 6 and 8 hereofthe Options contemplated in Section 3 above. Parent shall have no liability or obligation to Executive with respect to the Bank's ’s performance or non-performance of any of its obligations under this Agreement.