SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 47 contracts
Samples: Employment Agreement, Employment Agreement (Oceanfirst Financial Corp), Employment Agreement (Oceanfirst Financial Corp)
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the BankInstitution. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank Institution are not timely paid or provided by the BankInstitution, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 34 contracts
Samples: Bank Employment Agreement (Roslyn Bancorp Inc), Employment Agreement (Richmond County Financial Corp), Employment Agreement (Cgb&l Financial Group Inc)
SOURCE OF PAYMENTS. (a) All It is intended by the parties hereto that all payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Further, the Holding Company, however, unconditionally Company guarantees such payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 28 contracts
Samples: Two Year Change in Control Agreement (Oceanfirst Financial Corp), Two Year Change in Control Agreement (Oceanfirst Financial Corp), Change in Control Agreement (Legacy Bancorp, Inc.)
SOURCE OF PAYMENTS. (a) All payments provided for in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 24 contracts
Samples: Clifton Savings Bank (Clifton Bancorp Inc.), Clifton Savings Bank (Clifton Bancorp Inc.), Clifton Savings Bank (Clifton Bancorp Inc.)
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 16 contracts
Samples: Employment Agreement (Colonial Financial Services, Inc.), Employment Agreement (Colonial Bankshares Inc), Employment Agreement (Colonial Bankshares Inc)
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the BankAssociation. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank Association are not timely paid or provided by the BankAssociation, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 14 contracts
Samples: Gabriel Valley Employment Agreement (SGV Bancorp Inc), Association Employment Agreement (South Jersey Financial Corp Inc), Employment Agreement (South Jersey Financial Corp Inc)
SOURCE OF PAYMENTS. (a) a. All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 8 contracts
Samples: North Penn Bank And (North Penn Bancorp, Inc.), North Penn Bank And (North Penn Bancorp, Inc.), North Penn Bank And (North Penn Bancorp, Inc.)
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 6 contracts
Samples: Employment Agreement (Oceanfirst Financial Corp), Employment Agreement (Pulaski Bancorp Inc), Employment Agreement (Pulaski Bancorp Inc)
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the BankBank subject to Section 12(b). The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 6 contracts
Samples: Legacy Banks (Legacy Bancorp, Inc.), Legacy Banks (Legacy Bancorp, Inc.), Legacy Banks (Legacy Bancorp, Inc.)
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the BankInstitution. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank Institution are not timely paid or provided by the BankInstitution, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 5 contracts
Samples: Employment Agreement (Connecticut Bancshares Inc/De), Richmond County Savings Bank Employment Agreement (Richmond County Financial Corp), Employment Agreement (Connecticut Bancshares Inc/De)
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the BankBank or subject to Section 12(b). The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts amount and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 5 contracts
Samples: Berkshire Bank Employment Agreement (Berkshire Hills Bancorp Inc), Berkshire Bank Employment Agreement (Berkshire Hills Bancorp Inc), Employment Agreement (Citizens First Bancorp Inc)
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 4 contracts
Samples: Employment Agreement (Charter Financial Inc), Pocahontas Bancorp Inc, Pocahontas Bancorp Inc
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Holding Company, however, unconditionally guarantees Company may accede to this Agreement but only for the purpose of guaranteeing payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding CompanyExecutive.
Appears in 3 contracts
Samples: Employment Agreement (First Seacoast Bancorp, Inc.), Employment Agreement (First Seacoast Bancorp, Inc.), Employment Agreement (First Seacoast Bancorp, Inc.)
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash cash, check or check other mutually agreed upon method from the general funds of the BankInstitution subject to Section 11(b) of this Agreement. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank Institution are not timely paid or provided by the BankInstitution, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 2 contracts
Samples: First Savings Bank Employment Agreement (First Sentinel Bancorp Inc), First Savings Bank Employment Agreement (First Sentinel Bancorp Inc)
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 2 contracts
Samples: Trust Employment Agreement (PFF Bancorp Inc), Employment Agreement (PFF Bancorp Inc)
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to the Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 2 contracts
Samples: Year Employment Agreement (First Lincoln Bancshares Inc), Year Employment Agreement (First Lincoln Bancshares Inc)
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash cash, check or check other mutually agreed upon method from the general funds of the BankBank subject to Section 11(b) of this Agreement. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 2 contracts
Samples: Employment Agreement (Bostonfed Bancorp Inc), Employment Agreement (First Federal Bancshares Inc /De)
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Holding Company, Company however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 2 contracts
Samples: Bank Employment Agreement (West Essex Bancorp Inc), Employment Agreement (West Essex Bancorp Inc)
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash or by check or wire transfer from the general funds of the Bank. The Holding Company, however, Company unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive under this Agreement and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 2 contracts
Samples: Employment Agreement (First Place Financial Corp /De/), First Place Bank (First Place Financial Corp /De/)
SOURCE OF PAYMENTS. (a) All payments provided in m this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 1 contract
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash cash, check or check other mutually agreed upon method from the general funds of the BankBank subject to Section 11(b). The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank or Forward Financial are not timely paid or provided by the BankBank or Forward Financial, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 1 contract
SOURCE OF PAYMENTS. (a) All payments to be made and benefits to be provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank and provided by the Bank. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the BankBank for any reason, such amounts and benefits shall be paid or provided by the Holding Company.Holding
Appears in 1 contract
Samples: And Benefits Continuation Agreement (Financial Bancorp Inc)
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Holding Company, Company however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 1 contract
SOURCE OF PAYMENTS. (a) All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 1 contract
Samples: Year Employment Agreement (Massachusetts Fincorp Inc)
SOURCE OF PAYMENTS. (a) All payments provided for in this Agreement shall be timely paid in cash cash, check or check other mutually agreed upon method from the general funds of the BankBank subject to Subsection 11(b) of this Agreement. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 1 contract
Samples: First Federal Bank Employment Agreement (First Federal Bancshares Inc /De)
