Common use of SUCCESSOR RIGHTS Clause in Contracts

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be binding upon the Company, its successors and assigns, the Bank, its successors and assigns and upon the Executive, and his personal or legal representatives, executors, administrators, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his devisee, legatee or other designee or, if there is no such designee, to his estate.

Appears in 6 contracts

Samples: Executive Employment Agreement (Community Financial Group Inc), Executive Employment Agreement (Community Financial Group Inc), Executive Employment Agreement (Community Financial Group Inc)

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SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be binding upon the Company, its successors and assigns, the Bank, its successors and assigns and upon the Executive, and his her personal or legal representatives, executors, administrators, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him her hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his her devisee, legatee or other designee or, if there is no such designee, to his her estate.

Appears in 4 contracts

Samples: Executive Employment Agreement (Community Financial Group Inc), Executive Employment Agreement (Community Financial Group Inc), Executive Employment Agreement (Community Financial Group Inc)

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SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be binding upon the Company, its successors and assigns, the Bank, its successors and assigns assigns, and upon the Executive, and his personal or legal representatives, executors, administrators, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his devisee, legatee or other designee or, if there is no such designee, to his estate.

Appears in 4 contracts

Samples: Executive Employment Agreement (Community Financial Group Inc), Executive Employment Agreement (Community Financial Group Inc), Employment Agreement (Community Financial Group Inc)

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