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: Merger Agreement (Mid-State Bancshares), Merger Agreement (Community Bancorp), Merger Agreement (Heritage Oaks Bancorp)

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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: Merger Agreement (Heritage Oaks Bancorp), Merger Agreement (Belvedere SoCal)

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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: Merger Agreement (Center Financial Corp)

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