SUCCESSOR TO THE BANK OR THE COMPANY. The BANK and the COMPANY shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the BANK or the COMPANY, expressly and unconditionally to assume and agree to perform the BANK's or the COMPANY's obligations under this Agreement, in the same manner and to the same extent that the BANK or the COMPANY would be required to perform if no such succession or assignment had taken place.
Appears in 25 contracts
Samples: Employment Agreement (Indian Village Bancorp Inc), Employment Agreement (Indian Village Bancorp Inc), Employment Agreement (First Capital Inc)
SUCCESSOR TO THE BANK OR THE COMPANY. The BANK Bank and the COMPANY Company shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or assets of the BANK Bank or the COMPANYCompany, expressly and unconditionally to assume and agree to perform the BANK's Bank’s or the COMPANY's Company’s obligations under this Agreement, in the same manner and to the same extent that the BANK Bank or the COMPANY Company would be required to perform if no such succession or assignment had taken place.
Appears in 2 contracts
Samples: Agreement (Union Financial Bancshares Inc), Agreement (Union Financial Bancshares Inc)
SUCCESSOR TO THE BANK OR THE COMPANY. The BANK Bank and the COMPANY Company shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the BANK Bank or the COMPANYCompany, expressly and unconditionally to assume and agree to perform the BANK's Bank’s or the COMPANY's Company’s obligations under this Agreement, in the same manner and to the same extent that the BANK Bank or the COMPANY Company would be required to perform if no such succession or assignment had taken place..
Appears in 1 contract
Samples: Severance Agreement (Provident Financial Holdings Inc)
SUCCESSOR TO THE BANK OR THE COMPANY. The BANK Bank and the COMPANY Company shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or assets of the BANK Bank or the COMPANYCompany, expressly and unconditionally to assume and agree to perform the BANKBank's or the COMPANYCompany's obligations under this Agreement, in the same manner and to the same extent that the BANK Bank or the COMPANY Company would be required to perform if no such succession or assignment had taken place.
Appears in 1 contract
Samples: Change in Control Agreement (Provident Community Bancshares, Inc.)
SUCCESSOR TO THE BANK OR THE COMPANY. The BANK and the COMPANY shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all of the business or assets of the BANK or the COMPANY, expressly and unconditionally to assume and agree to perform the BANK's or the COMPANY's obligations under this Agreement, in the same manner and to the same extent that the BANK or the COMPANY would be required to perform if no such succession or assignment had taken place.
Appears in 1 contract
Samples: Agreement and Plan of Merger (First Federal Financial Bancorp Inc)
SUCCESSOR TO THE BANK OR THE COMPANY. The BANK and the COMPANY shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the BANK or the COMPANY, expressly and unconditionally to assume and agree to perform the BANK's ’s or the COMPANY's ’s obligations under this Agreement, in the same manner and to the same extent that the BANK or the COMPANY would be required to perform if no such succession or assignment had taken place.
Appears in 1 contract
