Primary Obligor. The obligation to make payments and provide benefits under this section shall primarily be those of the Employee’s Employer as of the date of the Employee’s termination of employment. In the event the Employer is not Leesport or the Bank, Leesport will cause such Employer to make required payments and provide required benefits. To the extent Leesport fails or is unable to do so, it shall make such payments and provide such benefits.
Appears in 3 contracts
Samples: Change in Control Agreement (Leesport Financial Corp), Change in Control Agreement (Leesport Financial Corp), Change in Control Agreement (Vist Financial Corp)
Primary Obligor. The obligation to make payments and provide benefits under this section shall primarily be those of the Employee’s 's Employer as of the date of the Employee’s 's termination of employment. In the event the Employer is not Leesport or the Bank, Leesport will cause such Employer to make required payments and provide required benefits. To the extent Leesport fails or is unable to do so, it shall make such payments and provide such benefits.
Appears in 2 contracts
Samples: Control Agreement (Leesport Financial Corp), Control Agreement (Leesport Financial Corp)
Primary Obligor. The obligation to make payments and provide benefits under this section Section shall primarily be those of the Employee’s Employer as of the date of the Employee’s termination of employment. In the event the Employer is not Leesport or the Bank, Leesport will cause such Employer to make required payments and provide required benefits. To the extent Leesport fails or is unable to do so, it shall make such payments and provide such benefits.
Appears in 1 contract
