SUCCESSOR TO THE EMPLOYER. The Employer 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 Employer's obligations under this Agreement, in the same manner and to the same extent that the Employer would be required to perform if no such succession or assignment had taken place.
Appears in 5 contracts
Samples: Change in Control Agreement (Pathfinder Bancorp, Inc.), Change in Control Agreement (Pathfinder Bancorp, Inc.), Change in Control Agreement (Pathfinder Bancorp Inc)
SUCCESSOR TO THE EMPLOYER. The Employer 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 CompanyEmployer, to expressly and unconditionally to assume and agree to perform the Employer's ’ obligations under this Agreement, Agreement in the same manner and to the same extent that the Employer would be required to perform such obligations if no such succession or assignment had taken place.
Appears in 3 contracts
Samples: Executive Change in Control Agreement (Berkshire Hills Bancorp Inc), Executive Change in Control Agreement (Berkshire Hills Bancorp Inc), Executive Change in Control Agreement (Berkshire Hills Bancorp Inc)
SUCCESSOR TO THE EMPLOYER. The Employer 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 CompanyEmployer, expressly and unconditionally to assume and agree to perform the Employer's obligations under this Agreement, in the same manner and to the same extent that the Employer would be required to perform if no such succession or assignment had taken place.
Appears in 1 contract
Samples: Employment Agreement (Alliance Bancorp of New England Inc)
SUCCESSOR TO THE EMPLOYER. The Employer 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 CompanyEmployer, expressly and unconditionally to assume and agree to perform the Employer's obligations under this Agreement, in the same manner and to the same extent that the Employer would be required to perform if no such succession or assignment had taken place.. SIGNATURES
Appears in 1 contract
Samples: Employment Agreement (Alliance Bancorp of New England Inc)
SUCCESSOR TO THE EMPLOYER. The Employer 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 Employer's ’s obligations under this Agreement, in the same manner and to the same extent that the Employer would be required to perform if no such succession or assignment had taken place.
Appears in 1 contract
SUCCESSOR TO THE EMPLOYER. The Employer shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all all, or substantially all all, the business or assets of the Bank or the Company, expressly and unconditionally to assume and agree to perform the Employer's ’s obligations under this Agreement, in the same manner and to the same extent that the Employer would be required to perform if no such succession or assignment had taken place.
Appears in 1 contract
SUCCESSOR TO THE EMPLOYER. The Employer 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 Employer, the Bank or the Company, expressly and unconditionally to assume and agree to perform the Employer's ’s obligations under this Agreement, in the same manner and to the same extent that the Employer would be required to perform if no such succession or assignment had taken place.
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