Common use of Retention and Stay Bonuses Clause in Contracts

Retention and Stay Bonuses. Company will cooperate with Purchaser in its efforts to cause any employees of Company identified by Purchaser to enter into retention or stay bonus agreements (in a form mutually agreed to by Purchaser and the employee) prior to the Effective Time.

Appears in 3 contracts

Samples: Merger Agreement (Choiceone Financial Services Inc), Merger Agreement (Macatawa Bank Corp), Merger Agreement (Wintrust Financial Corp)

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Retention and Stay Bonuses. Company will cooperate with Purchaser in its efforts to cause any certain employees of Company identified by Purchaser to enter into retention or stay bonus agreements (in a form mutually agreed to by Purchaser and the employee) prior to the Effective Time.

Appears in 2 contracts

Samples: Merger Agreement (Chemical Financial Corp), Merger Agreement (Monarch Community Bancorp Inc)

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Retention and Stay Bonuses. Company will cooperate with Purchaser in its efforts to cause any certain employees of Company identified by Purchaser to enter into retention or stay bonus agreements (in a form mutually agreed to by Purchaser and the employee) prior to the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (Chemical Financial Corp)

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