Common use of Preservation of Goodwill Clause in Contracts

Preservation of Goodwill. Company shall use reasonable efforts to preserve its business organization and the business organization of its subsidiary consistent with past practices, to keep available the services of its present employees and of the present employees of its subsidiary, and to preserve the goodwill of customers and others having business relations with Company or its subsidiary.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Vail Banks Inc), Agreement and Plan of Reorganization (Vail Banks Inc)

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Preservation of Goodwill. Company shall use Use all commercially reasonable efforts to preserve its business organization and the business organization of its subsidiary consistent with past practicesintact, to keep available the services of its present employees officers and of the present employees of its subsidiaryemployees, and to preserve the goodwill of its customers and others having business relations with Company or its subsidiaryit.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Grand Premier Financial Inc), Old Kent Financial Corp /Mi/

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