SOURCE OF PAYMENTS. It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the Institution. Further, the Holding Company guarantees such payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Institution are not timely paid or provided by the Institution, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 17 contracts
Samples: Woronoco Savings Bank Change in Control Agreement (Woronoco Bancorp Inc), Control Agreement (South Jersey Financial Corp Inc), Control Agreement (Massachusetts Fincorp Inc)
SOURCE OF PAYMENTS. It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionHolding Company. Further, the Holding Company guarantees such payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts amount and benefits due from the Institution Bank are not timely paid or provided by the InstitutionBank, such amounts and benefits shall be paid or and provided by the Holding Company.
Appears in 11 contracts
Samples: Two Year Change in Control Agreement (Oceanfirst Financial Corp), Agreement (Oceanfirst Financial Corp), Control Agreement (Bayonne Bancshares Inc)
SOURCE OF PAYMENTS. It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionHolding Company. Further, the The Holding Company guarantees such payment and provision of all amounts and benefits due hereunder to the Executive andunder the Special Termination Agreement by and between the Bank and the Executive, if such any amounts and benefits due from the Institution Bank are not timely paid or provided by the InstitutionBank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 10 contracts
Samples: Special Termination Agreement (Maf Bancorp Inc), Special Termination Agreement (Maf Bancorp Inc), Special Termination Agreement (Maf Bancorp Inc)
SOURCE OF PAYMENTS. It is intended by the parties hereto that all All payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionHolding Company. Further, the The Holding Company guarantees such payment and provision of all amounts and benefits due hereunder to the Executive andunder the Employment Agreement by and between the Bank and the Executive, if such any amounts and benefits due from the Institution Bank are not timely paid or provided by the InstitutionBank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 8 contracts
Samples: Employment Agreement (Maf Bancorp Inc), Employment Agreement (Maf Bancorp Inc), Employment Agreement (Maf Bancorp Inc)
SOURCE OF PAYMENTS. It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionHolding Company. Further, the Holding Company guarantees such payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts amount and benefits due from the Institution Association are not timely paid or provided by the InstitutionAssociation, such amounts and benefits shall be paid or and provided by the Holding Company.
Appears in 7 contracts
Samples: Control Agreement (Monterey Bay Bancorp Inc), Change in Control Agreement (SGV Bancorp Inc), Control Agreement (Monterey Bay Bancorp Inc)
SOURCE OF PAYMENTS. It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionBank. FurtherThe Holding Company, the Holding Company however, guarantees such payment and provision of all amounts and benefits due hereunder to Executive andthe Executive, and if such amounts and benefits due from the Institution Bank are not timely paid or provided by the InstitutionBank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 7 contracts
Samples: Change in Control and Non Competition Agreement (Harbor Florida Bancshares Inc), Change in Control and Non Competition Agreement (Harbor Florida Bancshares Inc), Agreement (Harbor Florida Bancorp Inc)
SOURCE OF PAYMENTS. It is intended by the parties hereto that all All payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionBank. FurtherThe Holding Company, the Holding Company however, guarantees such payment and provision of all amounts and benefits due hereunder to Executive andExecutive, if such amounts and benefits due from the Institution Bank are not timely paid or provided by the InstitutionBank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 7 contracts
Samples: Employment Agreement (Maf Bancorp Inc), Employment Agreement (Maf Bancorp Inc), Employment Agreement (Maf Bancorp Inc)
SOURCE OF PAYMENTS. It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the Institution. Further, the Holding Company guarantees such payment payments and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Institution are not timely paid or provided by the Institution, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 6 contracts
Samples: Three Year Change in Control Agreement (Berkshire Hills Bancorp Inc), Year Change in Control Agreement (Berkshire Hills Bancorp Inc), Three Year Change in Control Agreement (Berkshire Hills Bancorp Inc)
SOURCE OF PAYMENTS. It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionAssociation. Further, the Holding Company guarantees such payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Institution Association are not timely paid or provided by the InstitutionAssociation, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 5 contracts
Samples: Control Agreement (Security of Pennsylvania Financial Corp), Control Agreement (SGV Bancorp Inc), Control Agreement (Security of Pennsylvania Financial Corp)
SOURCE OF PAYMENTS. It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionHolding Company. FurtherThe Holding Company, the Holding Company however, guarantees such payment and provision of all amounts and benefits due hereunder to the Executive and, if such amounts amount and benefits due from the Institution Bank are not timely paid or provided by the InstitutionBank, such amounts and benefits shall be paid or and provided by the Holding Company.
Appears in 5 contracts
Samples: Control Agreement (Hf Bancorp Inc), Control Agreement (Hf Bancorp Inc), Control Agreement (Hf Bancorp Inc)
SOURCE OF PAYMENTS. It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionHolding Company. FurtherThe Holding Company, the Holding Company however, guarantees such payment and provision of all amounts and benefits due hereunder to the Executive and, if such amounts amount and benefits due from the Institution Association are not timely paid or provided by the InstitutionAssociation, such amounts and benefits shall be paid or and provided by the Holding Company.
Appears in 3 contracts
Samples: Control Agreement (Hf Bancorp Inc), Control Agreement (Hf Bancorp Inc), Control Agreement (First Palm Beach Bancorp Inc)
SOURCE OF PAYMENTS. It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionBank. Further, the The Holding Company guarantees such payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Institution Bank are not timely paid or provided by the InstitutionBank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 3 contracts
Samples: First Federal Savings (First Federal Bankshares Inc), First Federal Savings (First Federal Bankshares Inc), First Federal Savings (First Federal Bankshares Inc)
SOURCE OF PAYMENTS. (a) It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionBank. FurtherThe Holding Company, the Holding Company however, guarantees such payment and provision of all amounts and benefits due hereunder to the Executive and, if such amounts and benefits due from the Institution Bank are not timely paid or provided by the InstitutionBank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 3 contracts
Samples: Change in Control Agreement (Waypoint Financial Corp), Change in Control Agreement (Waypoint Financial Corp), Employment Agreement (Harris Financial Inc)
SOURCE OF PAYMENTS. It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionBank. Further, the Holding Company guarantees such payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Institution Bank are not timely paid or provided by the InstitutionBank, such amounts and benefits shall be paid or and provided by the Holding Company.
Appears in 2 contracts
Samples: Control Agreement (First Sentinel Bancorp Inc), Control Agreement (First Sentinel Bancorp Inc)
SOURCE OF PAYMENTS. It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionHolding Company. Further, the Holding Company guarantees such payment and provision of all amounts and benefits due hereunder to Executive under the Bank Agreement dated _________, 1995 and, if such amounts amount and benefits due from the Institution Bank are not timely paid or provided by the InstitutionBank, such amounts and benefits shall be paid or and provided by the Holding Company.
Appears in 2 contracts
Samples: Control Agreement (Provident Bankshares Corp), Control Agreement (Provident Bankshares Corp)
SOURCE OF PAYMENTS. It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionAssociation. Further, the Holding Company guarantees such payment and an d provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Institution Association are not timely paid or provided by the InstitutionAssociation, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 2 contracts
Samples: Control Agreement (First Place Financial Corp /De/), Control Agreement (First Place Financial Corp /De/)
SOURCE OF PAYMENTS. It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionHolding Company. Further, the Holding Company guarantees such payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts amount and benefits due from the Institution are not timely paid or provided by the Institution, such amounts and benefits shall be paid or and provided by the Holding Company.
Appears in 2 contracts
Samples: Control Agreement (Efc Bancorp Inc), Control Agreement (Ucbh Holdings Inc)
SOURCE OF PAYMENTS. It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionHolding Company. Further, the Holding Company guarantees such payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts amount and benefits due from the Institution are not timely paid or provided by the Institution, such amounts and benefits shall be paid or and provided by the Holding Company. 6.
Appears in 2 contracts
Samples: Control Agreement (First Place Financial Corp /De/), Control Agreement (First Place Financial Corp /De/)
SOURCE OF PAYMENTS. It is intended by the parties hereto that all All payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionBank. Further, the The Holding Company guarantees such payment and provision of all amounts and benefits due hereunder to the Executive andunder the Employment Agreement by and between the Bank and the Executive, if such any amounts and benefits due from the Institution Bank are not timely paid or provided by the InstitutionBank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 1 contract
SOURCE OF PAYMENTS. (a) It is intended by the parties hereto that all payments provided in this Agreement Agree shall be paid in cash or check from the general funds of the InstitutionBank. FurtherThe Holding Company, the Holding Company however, guarantees such payment and provision of all amounts and benefits due hereunder to the Executive and, if such amounts and benefits due from the Institution Bank are not timely paid or provided by the InstitutionBank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 1 contract
SOURCE OF PAYMENTS. It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the InstitutionHolding Company. Further, the Holding Company guarantees such payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts any amount and benefits due from the Institution Bank are not timely paid or provided by the InstitutionBank, such amounts and benefits shall be paid or and provided by the Holding Company.
Appears in 1 contract
SOURCE OF PAYMENTS. It is intended by the parties hereto that all payments provided in this Agreement shall be paid in cash or check from the general funds of the Institution. Further, the Holding Company guarantees such payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Institution are not timely paid or provided by the Institution, such amounts and benefits shall be paid or provided by the Holding Company. It is the intention of the parties that the Executive be entitled to the greater benefits and payments when construing this Agreement and the Agreement between the Executive and the Holding Company.
Appears in 1 contract
