Common use of SUCCESSOR TO THE BANK Clause in Contracts

SUCCESSOR TO THE BANK. The Bank 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, expressly and unconditionally to assume and agree to perform the Bank’s obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 88 contracts

Samples: Change in Control Agreement (Ponce Financial Group, Inc.), Change in Control Agreement (ECB Bancorp, Inc. /MD/), Employment Agreement (Northfield Bancorp, Inc.)

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SUCCESSOR TO THE BANK. The Bank 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, expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 36 contracts

Samples: Change in Control Agreement (Northwest Bancshares, Inc.), Employment Agreement (Waterstone Financial, Inc.), Termination and Change in Control Agreement (PFF Bancorp Inc)

SUCCESSOR TO THE BANK. The Bank 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 BankBank or the Company, expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 21 contracts

Samples: Employment Agreement (Wayne Savings Bancshares Inc /De/), Employment Agreement (Wayne Savings Bancshares Inc /De/), Employment Agreement (Wayne Savings Bancshares Inc /De/)

SUCCESSOR TO THE BANK. The Bank 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 BankBank or the Holding Company, expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.. SIGNATURES

Appears in 14 contracts

Samples: Employment Agreement (Patriot Bank Corp), Employment Agreement (North Penn Bancorp, Inc.), Employment Agreement (Patriot Bank Corp)

SUCCESSOR TO THE BANK. The Bank 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 BankBank or the Holding Company, expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 13 contracts

Samples: Employment Agreement (JSB Financial Inc), Employment Agreement (West Essex Bancorp Inc), Employment Agreement (Ucbh Holdings Inc)

SUCCESSOR TO THE BANK. The Bank 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 BankBank or the Company, expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.. SIGNATURES

Appears in 13 contracts

Samples: Employment Agreement (Wayne Savings Bancshares Inc /De/), Merger Agreement (Innes Street Financial Corp), Employment Agreement (First Federal Bankshares Inc)

SUCCESSOR TO THE BANK. The Bank 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 BankBank or the Holding Company, expressly and unconditionally to assume and agree to perform the Bank’s obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 10 contracts

Samples: Employment Agreement (Oceanfirst Financial Corp), Employment Agreement (Oceanfirst Financial Corp), Employment Agreement (Oceanfirst Financial Corp)

SUCCESSOR TO THE BANK. The Bank shall require any Any successor to or assigneeassignee of the Bank, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the Bank, expressly and unconditionally to assume assumes and agree agrees to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 8 contracts

Samples: Change in Control Agreement (Beacon Federal Bancorp, Inc.), Change in Control Agreement (Beacon Federal Bancorp, Inc.), Change in Control Agreement (Beacon Federal Bancorp, Inc.)

SUCCESSOR TO THE BANK. 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 BankBank or the Company, expressly and unconditionally to assume and agree to perform the BankBank and/or Company’s obligations under this Agreement, in the same manner and to the same extent that the Bank and/or Company would be required to perform if no such succession or assignment had taken place.

Appears in 7 contracts

Samples: Employment Agreement (Northwest Bancshares, Inc.), Employment Agreement (Northwest Bancshares, Inc.), Employment Agreement (Northwest Bancshares, Inc.)

SUCCESSOR TO THE BANK. The Bank 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, expressly and unconditionally to assume and agree to perform the Bank’s obligations under this Agreement. Accordingly, in the same manner and any reference herein to the same extent that Bank or the Bank would be required Holding Company whereby a performance obligation toward the Executive is created, such obligation shall apply to perform if no any such succession or assignment had taken placesuccessor entity.

Appears in 6 contracts

Samples: Change in Control Severance Agreement (Dimeco Inc), Change in Control Severance Agreement (Dimeco Inc), Change in Control Severance Agreement (Dimeco Inc)

SUCCESSOR TO THE BANK. The Bank 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 BankBank or the Company, expressly and unconditionally to assume and agree to perform the Bank’s obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 5 contracts

Samples: Employment Agreement (Carolina Financial Corp), Employment Agreement (Wayne Savings Bancshares Inc /De/), Employment Agreement (Wayne Savings Bancshares Inc /De/)

SUCCESSOR TO THE BANK. The Bank 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, to expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, Agreement in the same manner and to the same extent that the Bank would be required to perform such obligations if no such succession or successor assignment had taken place.

Appears in 4 contracts

Samples: Change in Control Agreement (Citizens First Bancorp Inc), Change in Control Agreement (Citizens First Bancorp Inc), Change in Control Agreement (Citizens First Bancorp Inc)

SUCCESSOR TO THE BANK. 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 BankBank or the Company, expressly and unconditionally to assume and agree to perform the BankBank and/or Company’s obligations under this Agreement, in the same manner and to the same extent that the Bank and/or the Company would be required to perform if no such succession or assignment had taken place.

Appears in 4 contracts

Samples: Employment Agreement (Northwest Bancshares, Inc.), Employment Agreement (Northwest Bancshares, Inc.), Employment Agreement (Northwest Bancshares, Inc.)

SUCCESSOR TO THE BANK. The Bank shall require any Any successor to or assigneeassignee of the Bank, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the Bank, expressly and unconditionally to assume assumes and agree agrees to perform the Bank’s obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 4 contracts

Samples: Change in Control Agreement (Beacon Federal Bancorp, Inc.), Change in Control Agreement (Cape Bancorp, Inc.), Change in Control Agreement (Beacon Federal Bancorp, Inc.)

SUCCESSOR TO THE BANK. (a) The Bank 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 BankBank or the Holding Company, expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 3 contracts

Samples: Change in Control Agreement (Waypoint Financial Corp), Employment Agreement (Harris Financial Inc), Employment Agreement (Harris Financial Inc)

SUCCESSOR TO THE BANK. The Bank 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, expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.. SIGNATURES

Appears in 3 contracts

Samples: Employment Agreement (Patriot Bank Corp), Change in Control Agreement (First Federal Bancshares Inc /De), Change in Control Agreement (Patriot Bank Corp)

SUCCESSOR TO THE BANK. The Bank 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, expressly and unconditionally unconditionally, to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 2 contracts

Samples: Employment Agreement (Bostonfed Bancorp Inc), Employment Agreement (First Federal Bancshares Inc /De)

SUCCESSOR TO THE BANK. The Bank 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 BankBank or the Company, expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.. ALLIANCE BANCORP EXECUTIVE AGREEMENT

Appears in 2 contracts

Samples: Employment Agreement (Alliance Bancorp), Employment Agreement (Alliance Bancorp)

SUCCESSOR TO THE BANK. The Company and the Bank 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 Company and the Bank, expressly and unconditionally to assume and agree to perform the Company’s and the Bank’s obligations under this Agreement, in the same manner and to the same extent that the Company and the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 2 contracts

Samples: Employment Agreement (Brookline Bancorp Inc), Employment Agreement (Brookline Bancorp Inc)

SUCCESSOR TO THE BANK. The Bank 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, expressly and unconditionally to assume and agree to perform the Bank’s obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 2 contracts

Samples: Change in Control Agreement (New England Bancshares, Inc.), Change in Control Agreement (New England Bancshares, Inc.)

SUCCESSOR TO THE BANK. The Bank BANK 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 BankBANK, expressly and unconditionally to assume and agree to perform the BankBANK’s obligations under this Agreement, in the same manner and to the same extent that the Bank BANK would be required to perform if no such succession or assignment had taken place.

Appears in 2 contracts

Samples: Executive Employment Agreement (Eagle Bancorp/Mt), Executive Employment Agreement (Eagle Bancorp Montana, Inc.)

SUCCESSOR TO THE BANK. The Bank 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, to expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 1 contract

Samples: Employment Agreement (First Federal Bancshares Inc /De)

SUCCESSOR TO THE BANK. The Bank or the Holding 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 BankBank or the Holding Company, expressly and unconditionally to assume and agree to perform the Bank’s 's and Holding Company's obligations under this Agreement, in the same manner and to the same extent that the Bank and Holding Company would be required to perform if no such succession or assignment had taken place.

Appears in 1 contract

Samples: Special Termination Agreement (MSB Bancorp Inc /De)

SUCCESSOR TO THE BANK. The Bank 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 BankBank or the Company, expressly and unconditionally to assume and agree to perform the Bank’s Banks obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 1 contract

Samples: Employment Agreement (Clover Leaf Financial Corp)

SUCCESSOR TO THE BANK. 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 BankBank or the Company, expressly and unconditionally to assume and agree to perform the Bank’s 's and the Company's obligations under this Agreement, in the same manner and to the same extent that the Bank and the Company would be required to perform if no such succession or assignment had taken place.. SIGNATURES

Appears in 1 contract

Samples: Change in Control Agreement (Clifton Savings Bancorp Inc)

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SUCCESSOR TO THE BANK. The Bank 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 BankBank or the Company, expressly and unconditionally to assume and agree to perform the Bank’s obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.. (Signatures appear on following page)

Appears in 1 contract

Samples: Merger Agreement (Carolina Financial Corp)

SUCCESSOR TO THE BANK. The Bank 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 BankBank or the Holding Company, to expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform such obligations if no such succession or assignment had taken place.

Appears in 1 contract

Samples: Employment Agreement (Berkshire Hills Bancorp Inc)

SUCCESSOR TO THE BANK. The Bank 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 BankBank or Forward Financial, expressly and unconditionally unconditionally, to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 1 contract

Samples: Employment Agreement (Bostonfed Bancorp Inc)

SUCCESSOR TO THE BANK. The Bank 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 BankBank or the Holding Company, expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.. [Signatures appear on the following page]

Appears in 1 contract

Samples: Employment Agreement (Queens County Bancorp Inc)

SUCCESSOR TO THE BANK. 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 BankBank or the Company, expressly and unconditionally to assume and agree to perform the Bank’s Bank and/or Company's obligations under this Agreement, in the same manner and to the same extent that the Bank and/or Company would be required to perform if no such succession or assignment had taken place.

Appears in 1 contract

Samples: Employment Agreement (Northwest Bancorp Inc)

SUCCESSOR TO THE BANK. 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 BankBank or the Company, expressly and unconditionally to assume and agree to perform the BankBank and/or Company’s obligations under this Agreement, in the same manner and to the same extent that the Bank and/or Company would be required to perform if no such succession or assignment had taken place.. [Signature page follows]

Appears in 1 contract

Samples: Employment Agreement (Northwest Bancshares, Inc.)

SUCCESSOR TO THE BANK. The Bank 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, expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.. SIGNATURES

Appears in 1 contract

Samples: Employment Agreement (Greater Atlantic Financial Corp)

SUCCESSOR TO THE BANK. (a) The Bank 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 BankBank or the Holding Company, expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank or the Holding Company would be required to perform if no such succession or assignment had taken place.. (REMAINDER OF PAGE INTENTIONALLY BLANK)

Appears in 1 contract

Samples: Change in Control Agreement (Waypoint Financial Corp)

SUCCESSOR TO THE BANK. The Bank 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 BankBank or the Holding Company, expressly and unconditionally to assume and agree to perform the Bank’s Bank ‘s obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 1 contract

Samples: Employment Agreement

SUCCESSOR TO THE BANK. The Bank 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, to expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, Agreement in the same manner and to the same extent that the Bank would be required to perform such obligations if no such succession or assignment had taken place.. SIGNATURES

Appears in 1 contract

Samples: Change in Control Agreement (Citizens First Bancorp Inc)

SUCCESSOR TO THE BANK. The Bank shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation consolidation, Conversion, Reorganization or otherwise, to all or substantially all the business or assets of the Bank, expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.. SIGNATURES

Appears in 1 contract

Samples: Employment Agreement (West Essex Bancorp Inc)

SUCCESSOR TO THE BANK. The Bank shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business business, assets, or assets stock of the BankBank or the Holding Company, expressly and unconditionally to assume and agree to perform the Bank’s obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 1 contract

Samples: Employment Agreement (First Place Financial Corp /De/)

SUCCESSOR TO THE BANK. The Bank 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 BankBank or the Company, expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 1 contract

Samples: Employee Retention Agreement (North Central Bancshares Inc)

SUCCESSOR TO THE BANK. The Bank 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 BankBank or the Company, expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or assignment had taken place.

Appears in 1 contract

Samples: Change in Control Agreement (Haven Bancorp Inc)

SUCCESSOR TO THE BANK. The Bank 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, expressly and unconditionally to assume and agree to perform the Bank’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank would be required to perform if no such succession or successor assignment had taken place.. SIGNATURES

Appears in 1 contract

Samples: Employment Agreement (Patriot Bank Corp)

SUCCESSOR TO THE BANK. The Bank 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, expressly and unconditionally to assume and agree to perform the Bank’s obligations under this Agreement, in the same manner and Agreement to the same extent that the Bank would be required to perform it if no such succession or assignment had taken place.

Appears in 1 contract

Samples: Employment Agreement (Merchants Bancshares Inc)

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