Common use of Successor to the Company Clause in Contracts

Successor to the Company. The Bank and 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 and Company’s obligations under this Agreement, in the same manner and to the same extent that the Bank and Company would be required to perform if no such succession or assignment had taken place.

Appears in 32 contracts

Samples: Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc), Employment Agreement (Fox Chase Bancorp Inc)

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

Appears in 4 contracts

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

Successor to the Company. The Company and the Bank and 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 Company or the CompanyBank, expressly and unconditionally to assume and agree to perform the Bank Company’s and Companythe Bank’s obligations under this Agreement, in the same manner and to the same extent that the Company or the Bank and Company would be required to perform if no such succession or assignment had taken place.. [Signature Page Follows] SIGNATURES

Appears in 1 contract

Samples: Employment Agreement (Capital Bancorp Inc)

Successor to the Company. The Company and the Bank and 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 Company or the CompanyBank, expressly and unconditionally to assume and agree to perform the Bank Company’s and Companythe Bank’s obligations under this Agreement, in the same manner and to the same extent that the Company or the Bank and Company would be required to perform if no such succession or assignment had taken place.. [Signature Page Follows] {Clients/1836/00406836.DOCX/ } 14

Appears in 1 contract

Samples: Employment Agreement (Capital Bancorp Inc)

Successor to the Company. The Bank and 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 and Company’s obligations under this Agreement, in the same manner and to the same extent that the Bank and Company would be required to perform if no such succession or assignment had taken place.. 16 SIGNATURES

Appears in 1 contract

Samples: Northeast Pennsylvania Financial Corp. Employment Agreement (Northeast Pennsylvania Financial Corp)

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Successor to the Company. The Bank and 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 15 the Company, expressly and unconditionally to assume and agree to perform the Bank and Company’s obligations under this Agreement, in the same manner and to the same extent that the Bank and Company would be required to perform if no such succession or assignment had taken place.. 16 SIGNATURES

Appears in 1 contract

Samples: Northeast Pennsylvania Financial Corp. Employment Agreement (Northeast Pennsylvania Financial Corp)

Successor to the Company. The Bank and 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 and Company’s 's obligations under this Agreement, in the same manner and to the same extent that the Bank and Company would be required to perform if no such succession or assignment had taken place.

Appears in 1 contract

Samples: Employment Agreement (Northeast Pennsylvania Financial Corp)

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