Common use of Preservation of Employment Relations Prior to Effective Time Clause in Contracts

Preservation of Employment Relations Prior to Effective Time. Seller will use its reasonable best efforts consistent with current employment practices and policies to maintain the services of the officers and employees of Seller through the Effective Time.

Appears in 6 contracts

Samples: Agreement to Merge (Mid-State Bancshares), Agreement to Merge (Community Bancorp Inc), Plan of Reorganization (Community Bancorp)

AutoNDA by SimpleDocs

Preservation of Employment Relations Prior to Effective Time. Seller will use its reasonable best efforts consistent with current employment practices and policies to maintain the services of the officers and employees of Seller through the Effective Time.

Appears in 2 contracts

Samples: Agreement to Merge (Heritage Oaks Bancorp), Agreement to Merge (Belvedere SoCal)

AutoNDA by SimpleDocs

Preservation of Employment Relations Prior to Effective Time. Seller will use its commercially reasonable best efforts consistent with current employment practices and policies to maintain the services of the officers and employees of Seller through the Effective Time.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Center Financial Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.