SUCCESSOR LIABILITY. The Employers shall require any successor, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or assets of the Employers to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Employers would be required to perform it if no such succession had taken place.
Appears in 10 contracts
Samples: Employment Agreement (Donegal Group Inc), Employment Agreement (Donegal Group Inc), Employment Agreement (Donegal Group Inc)
SUCCESSOR LIABILITY. The Employers Employer shall require any subsequent successor, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or assets of the Employers Employer to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Employers Employer would be required to perform it if no such succession had taken place.
Appears in 8 contracts
Samples: Employment Agreement (Bancorp of New Jersey, Inc.), Employment Agreement (Hampton Roads Bankshares Inc), Employment Agreement (Hampton Roads Bankshares Inc)
SUCCESSOR LIABILITY. The Employers Employer shall require any successor, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or assets of the Employers Employer to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Employers Employer would be required to perform it if no such succession had taken place.
Appears in 7 contracts
Samples: Employment Agreement (Donegal Group Inc), Employment Agreement (Luminent Mortgage Capital Inc), Employment Agreement (Luminent Mortgage Capital Inc)
SUCCESSOR LIABILITY. The Employers Employer shall require any subsequent successor, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or and/or assets of the Employers Employer to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Employers Employer would be required to perform it if no such succession had taken place.
Appears in 6 contracts
Samples: Employment Agreement (Computone Corp), Employment Agreement (Computone Corporation), Employment Agreement (Computone Corp)
SUCCESSOR LIABILITY. The Employers Employer shall require any subsequent successor, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or assets of the Employers Employer to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Employers Employer would be required to perform it if no such succession had taken place, and the Executive agrees to continue to be bound in such case.
Appears in 4 contracts
Samples: Employment Agreement (Hampton Roads Bankshares Inc), Employment Agreement (Hampton Roads Bankshares Inc), Employment Agreement (Hampton Roads Bankshares Inc)
SUCCESSOR LIABILITY. The Employers shall require any subsequent successor, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or assets of the Employers to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Employers would be required to perform it if no such succession had taken place.
Appears in 4 contracts
Samples: Employment Agreement (Hampton Roads Bankshares Inc), Employment Agreement (Bay View Capital Corp), Employment Agreement (FNB Corp/Fl/)
SUCCESSOR LIABILITY. The Employers shall require any subsequent ------------------- successor, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or assets of the Employers to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Employers would be required to perform it if no such succession had taken place.
Appears in 3 contracts
Samples: Employment Agreement (Bay View Capital Corp), Employment Agreement (Bay View Capital Corp), Employment Agreement (Bay View Capital Corp)
SUCCESSOR LIABILITY. The Employers shall require any subsequent successor, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or and/or assets of the Employers to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Employers would be required to perform it if no such succession had taken place.
Appears in 3 contracts
Samples: Employment Agreement (Regent Bancshares Corp), Employment Agreement (Regent Bancshares Corp), Employment Agreement (Regent Bancshares Corp)
SUCCESSOR LIABILITY. The Employers Employer shall require any successor, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or assets of the Employers Employer to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Employers Employer would be required to perform it if no such succession or assignment had taken place.
Appears in 2 contracts
Samples: Employment Agreement (Luminent Mortgage Capital Inc), Employment Agreement (Luminent Mortgage Capital Inc)
SUCCESSOR LIABILITY. The Employers Employer shall require any subsequent successor, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or and/or assets of the Employers Employer to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Employers Employer would be required to perform it if no such succession had taken place.
Appears in 1 contract
SUCCESSOR LIABILITY. The Employers Employer shall require any subsequent ------------------- successor, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or and/or assets of the Employers Employer to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Employers Employer would be required to perform it if no such succession had taken place.
Appears in 1 contract
SUCCESSOR LIABILITY. The Employers Employer shall require any subsequent successor, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or assets of the Employers Employer to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Employers would be required to perform it if no such succession had taken place.and
Appears in 1 contract
Samples: Employment Agreement (Hampton Roads Bankshares Inc)
SUCCESSOR LIABILITY. The Employers Employer shall require any successor, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or assets of the Employers Employer to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Employers Employer would be required to perform it if no such succession had taken place, including, without limitation by reason of specification, the contemplated conversion of the Employer to a Delaware limited liability company.
Appears in 1 contract
Samples: Employment Agreement (Luminent Mortgage Capital Inc)
