Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 139 contracts
Samples: Supplemental Executive Retirement Agreement (MBT Financial Corp), Salary Continuation Agreement (Westbury Bancorp, Inc.), Supplemental Executive Retirement Agreement (MBT Financial Corp)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 136 contracts
Samples: Salary Continuation Agreement (Consumers Bancorp Inc /Oh/), Director Retirement Agreement, Director Retirement Agreement
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, firm or person unless such succeeding or continuing company, firm, firm or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 106 contracts
Samples: Split Dollar Agreement (Sierra Bancorp), Split Dollar Agreement (CFSB Bancorp, Inc. /MA/), Director Retirement Agreement
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 33 contracts
Samples: Director Deferred Fee Agreement (Fairfield County Bank Corp.), Salary Continuation Agreement (Oak Valley Bancorp), Director Deferred Fee Agreement (Southern Michigan Bancorp Inc)
Reorganization. The Company shall not merge or consolidate into or with another companyCompany, or reorganize, or sell substantially all of its assets to another companybank, firm, or person unless such succeeding or continuing companybank, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor companybank.
Appears in 19 contracts
Samples: Executive Deferred Compensation Agreement (Ohio Valley Banc Corp), Director Retirement Agreement (Ohio Valley Banc Corp), Director Deferred Fee Agreement (Mid Penn Bancorp Inc)
Reorganization. The Company shall not merge or consolidate into or with another companybank, or reorganize, or sell substantially all of its assets to another companybank, firm, or person unless such succeeding or continuing companybank, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor companybank.
Appears in 17 contracts
Samples: Director Retirement Agreement (Plumas Bancorp), Director Retirement Agreement (Plumas Bancorp), Director Retirement Agreement (Plumas Bancorp)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, firm or person unless such succeeding or continuing company, firm, firm or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 15 contracts
Samples: Supplemental Life Insurance Agreement (Catalyst Bancorp, Inc.), Supplemental Life Insurance Agreement (Community Financial Corp /Md/), Supplemental Life Insurance Agreement (Community Financial Corp /Md/)
Reorganization. The Company shall not merge or consolidate into or with another companybank, or reorganize, or sell substantially all of its assets to another companybank, firm, firm or person unless such succeeding or continuing companybank, firm, firm or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such an event, the term "“Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor companyentity.
Appears in 11 contracts
Samples: Salary Continuation Agreement (First Keystone Corp), Salary Continuation Agreement (First Keystone Corp), Salary Continuation Agreement (Floridian Financial Group Inc)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, firm or person unless such succeeding or continuing company, firm, firm or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 10 contracts
Samples: Supplemental Life Insurance Agreement (Community Financial Corp /Md/), Split Dollar Endorsement Agreement (Heartland Bancshares Inc /In/), Director Retirement Agreement (Cooperative Bankshares Inc)
Reorganization. The Company shall not merge or consolidate into or with another companyCompany, or reorganize, or sell substantially all of its assets to another companybank, firm, or person unless such succeeding or continuing companybank, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor companybank.
Appears in 9 contracts
Samples: Director Retirement Agreement (Ohio Valley Banc Corp), Director Retirement Agreement (Ohio Valley Banc Corp), Director Deferred Fee Agreement (Ohio Valley Banc Corp)
Reorganization. The Company or Corporation shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 6 contracts
Samples: Salary Continuation Agreement (Greer Bancshares Inc), Salary Continuation Agreement (Greer Bancshares Inc), Salary Continuation Agreement (Greer Bancshares Inc)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 5 contracts
Samples: Executive Deferred Compensation Agreement (North Valley Bancorp), Executive Deferred Compensation Agreement (North Valley Bancorp), Executive Deferred Compensation Agreement (North Valley Bancorp)
Reorganization. The Company shall not merge or consolidate into or with another companyCompany, or reorganize, or sell substantially all of its assets to another companyCompany, firm, firm or person unless and until such succeeding or continuing companyCompany, firm, firm or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the such successor or survivor companysurvivor.
Appears in 4 contracts
Samples: Executive Supplemental Compensation Agreement (First Ipswich Bancorp /Ma), Executive Supplemental Compensation Agreement (First Ipswich Bancorp /Ma), Executive Supplemental Compensation Agreement (First Ipswich Bancorp /Ma)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, firm or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 4 contracts
Samples: Salary Continuation Agreement (Fidelity Bancorp Inc), Salary Continuation Agreement (Fidelity Bancorp Inc), Salary Continuation Agreement (Fidelity Bancorp Inc)
Reorganization. The Company shall not merge or consolidate into or with another companyCompany, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 4 contracts
Samples: Executive Deferred Compensation Agreement (QCR Holdings Inc), Executive Deferred Compensation Agreement (QCR Holdings Inc), Executive Deferred Compensation Agreement (QCR Holdings Inc)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor successor, continuing or survivor company, firm or person.
Appears in 4 contracts
Samples: Salary Continuation Agreement (Cornerstone Bancorp Inc), Salary Continuation Agreement (Cornerstone Bancorp Inc), Salary Continuation Agreement (Cornerstone Bancorp Inc)
Reorganization. The Company shall not merge or consolidate into or with another companycorporation, or reorganize, or sell substantially all of its assets to another companybank, firm, or person unless such succeeding or continuing companybank, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor companycorporation.
Appears in 3 contracts
Samples: Supplemental Executive Retirement Agreement (Fentura Financial Inc), Supplemental Executive Retirement Agreement (Fentura Financial Inc), Supplemental Executive Retirement Agreement (Fentura Financial Inc)
Reorganization. The Company shall not merge or consolidate into or with another companyCompany, or reorganize, or sell substantially all of its assets to another companyCompany, firm, or person unless such succeeding or continuing companyCompany, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor companyCompany.
Appears in 3 contracts
Samples: Executive Nonqualified Deferred Compensation Agreement (Lithia Motors Inc), Outside Director Nonqualified Deferred Compensation Agreement (Lithia Motors Inc), Director Deferred Compensation Agreement (First Farmers & Merchants Corp)
Reorganization. The Company shall not merge or consolidate into or with another companyCompany, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 3 contracts
Samples: Director Retirement Agreement, Director Retirement Agreement (United Security Bancshares Inc), Director Retirement Agreement (United Security Bancshares Inc)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, reorganize or sell substantially all of its assets to another company, firm, firm or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 3 contracts
Samples: Director Deferred Fee Agreement (First Community Financial Corp), Director Deferred Fee Agreement (First Community Financial Corp), Director Deferred Fee Agreement (First Community Financial Corp)
Reorganization. The Company shall not merge or consolidate into or with another companyentity, or reorganize, or sell substantially all of its assets to another companyentity, firm, or person unless such succeeding or continuing companyentity, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor companyentity.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Nexity Financial Corp), Salary Continuation Agreement (Nexity Financial Corp)
Reorganization. The Company shall not merge or consolidate into or with another companyCompany, or reorganize, or sell substantially all of its assets to another companybank, firm, or person unless such succeeding or continuing companybank, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, for purposes of payments due pursuant to this Agreement the term "“Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor companyCompany.
Appears in 2 contracts
Samples: Executive Incentive Retirement Plan (Sterling Bancorp, Inc.), Executive Incentive Retirement Plan (Sterling Bancorp, Inc.)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, firm or person unless such succeeding or continuing company, firm, firm or person agrees to assume and discharge the obligations of the Company under this AgreementCompany. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 2 contracts
Samples: Split Dollar Agreement (First South Bancorp Inc), Split Dollar Agreement (First South Bancorp Inc)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, firm or person unless such succeeding or continuing company, firm, firm or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 2 contracts
Samples: Director Supplemental Life Insurance Plan (Acnb Corp), Executive Supplemental Life Insurance Plan (Acnb Corp)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its the assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations obligation of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 2 contracts
Samples: Executive Supplemental Retirement Plan (Community Valley Bancorp), Executive Supplemental Retirement Plan (Community Valley Bancorp)
Reorganization. The Company shall not merge or consolidate into or with another companyentity, or reorganize, or sell substantially all of its assets to another companyentity, firm, or person unless such succeeding or continuing companyentity, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor companyof each entity that constitutes the Company.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Omega Financial Corp /Pa/), Salary Continuation Agreement (Omega Financial Corp /Pa/)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor company.survivor
Appears in 2 contracts
Samples: Salary Continuation Agreement (Community Capital Corp /Sc/), Salary Continuation Agreement (Community Capital Corp /Sc/)
Reorganization. The Company shall not merge or consolidate into or with another companybank, or reorganize, or sell substantially all of its assets to another companybank, firm, or person unless such succeeding or continuing companybank, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Peoples Federal Bancshares, Inc.), Director Deferred Compensation Agreement (First Farmers & Merchants Corp)
Reorganization. The Company shall not merge or consolidate into or with another company, company or reorganize, reorganize or sell substantially all of its assets to another company, firm, firm or person unless such succeeding or continuing company, firm, form or person agrees to assume and discharge the obligations of the Company under this AgreementPlan. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement Plan shall be deemed to refer to the successor or survivor company.
Appears in 1 contract
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this AgreementPlan. Upon the occurrence of such event, the term "Company" as used in this Agreement Plan shall be deemed to refer to the successor or survivor company.
Appears in 1 contract
Samples: Deferred Compensation Plan (Cascade Financial Corp)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, reorganize or sell substantially all of its assets to another company, firm, firm or person unless such succeeding or continuing company, firm, firm or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 1 contract
Samples: Split Dollar Agreement (First California Financial Group, Inc.)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to to, the successor or survivor company.
Appears in 1 contract
Samples: Salary Continuation Agreement (Fidelity Federal Bancorp)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor company.9
Appears in 1 contract
Samples: Deferred Compensation Agreement (Southern Michigan Bancorp Inc)
Reorganization. The Company company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 1 contract
Samples: Director Deferred Fee Agreement (Community Valley Bancorp)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, . or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor companyPlan.
Appears in 1 contract
Samples: Executive Death Benefit Plan (Fairfield County Bank Corp.)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be 315 deemed to refer to the successor or survivor company.
Appears in 1 contract
Samples: Executive Deferred Compensation Agreement (North Valley Bancorp)
Reorganization. The Company shall not merge or consolidate into or with another companyCompany, or reorganize, or sell substantially all of its assets to another companybank, firm, or person unless such succeeding or continuing companybank, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in for purposes of payments due pursuant to this Agreement shall be deemed to refer to the successor or survivor company.term
Appears in 1 contract
Samples: Executive Incentive Retirement Plan (Sterling Bancorp, Inc.)
Reorganization. The Company shall not merge or consolidate into or with another 213 company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 1 contract
Samples: Salary Continuation Agreement (North Valley Bancorp)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor company. In the event of a failure to expressly assume, this Agreement will be deemed assumed.
Appears in 1 contract
Samples: Supplemental Retirement Agreement (United Financial Corp \Mn\)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, firm or person unless such succeeding or continuing company, firm, firm or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer subject to the successor or survivor companyterms and conditions of this Agreement, including the amendment and termination rights provided in ARTICLE 7, as of the date such action.
Appears in 1 contract
Samples: Pre Retirement Split Dollar Agreement (County Bancorp, Inc.)
Reorganization. The Company shall not merge or consolidate into or with another company, company or reorganize, or reorganize or. sell substantially all of its assets to another company, firm, firm or person unless such succeeding or continuing company, firm, form or person agrees to assume and discharge the obligations of the Company under this AgreementPlan. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement Plan shall be deemed to refer to the successor or survivor company.
Appears in 1 contract
Reorganization. The Company shall not merge or consolidate into or with another companycompany or bank, or reorganize, or sell substantially all of its assets to another companybank, firm, or person unless such succeeding or continuing companybank, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor companybank.
Appears in 1 contract
Samples: Executive Deferred Compensation Agreement (Ohio Valley Banc Corp)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, firm or person unless personunless such succeeding or continuing company, firm, firm or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 1 contract
Samples: Split Dollar Agreement (Community Capital Corp /Sc/)
Reorganization. The Company shall not merge or consolidate into or with another companyCompany, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor companyentity.
Appears in 1 contract
Samples: Imputed Income Tax Reimbursement Agreement (First Citizens Bancshares Inc /Tn/)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor companyCompany.
Appears in 1 contract
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such eventevent or upon a Change of Control, the term "CompanyCOMPANY" as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 1 contract
Samples: Salary Continuation Agreement (Benjamin Franklin Bancorp, M.H.C.)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, firm or person unless such succeeding or continuing company, firm, firm or person agrees to assume and discharge the obligations of the Company under this AgreementPlan. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement Plan shall be deemed to refer to the successor or survivor company.
Appears in 1 contract
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "?Company" ? as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 1 contract
Samples: Salary Continuation Agreement (Peoples Bancorporation Inc /Sc/)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "terms “Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 1 contract
Samples: Executive Deferred Compensation Agreement (ISB Financial Corp.)
Reorganization. The Company Corporation shall not merge or consolidate into or with another company, or reorganize, reorganize or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, firm or person agrees to assume and discharge the obligations of the Company Corporation under this Agreement. Upon the occurrence of such event, the term "Company" “Corporation” as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 1 contract
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, . or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor company.
Appears in 1 contract
Samples: Executive Deferred Compensation Agreement (Coastal Banking Co Inc)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreementinstrument. Upon the occurrence of such event, the term "Company" as used in this Agreement instrument shall be deemed to refer to the successor or survivor company.
Appears in 1 contract
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, firm or person unless such succeeding or continuing company, firm, firm or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor companyagreement.
Appears in 1 contract
Samples: Executive Indexed Retirement Agreement (Greater Rome Bancshares Inc)
Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "Company" as used in this Agreement shall be deemed to refer to the successor or survivor company.such
Appears in 1 contract
Samples: Salary Continuation Agreement (Ufh Capital Trust I)
Reorganization. The Company or Corporation shall not merge or consolidate into or with another company, or reorganize, or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under this Agreement. Upon the occurrence of such event, the term "“Company" ” as used in this Agreement shall be deemed to refer to the successor or survivor company.. GREER STATE BANK Amended and Restated Salary Continuation Agreement
Appears in 1 contract
Samples: Salary Continuation Agreement (Greer Bancshares Inc)
