Successors 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 20 contracts
Samples: Change in Control Agreement (CFSB Bancorp, Inc. /MA/), Change in Control Agreement (River Financial Corp), Change in Control Agreement (Clifton Bancorp Inc.)
Successors 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, 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. Failure of the Bank to obtain an assumption of this Agreement at or prior to the effectiveness of any succession shall be a material breach of this Agreement.
Appears in 10 contracts
Samples: Employment Agreement (Lake Shore Bancorp, Inc.), Employment Agreement (NB Bancorp, Inc.), Employment Agreement (NB Bancorp, Inc.)
Successors to the Bank. The Bank shall Bank, as applicable, will require any successor or assignee, (whether direct or indirect, by purchase, merger, consolidation or otherwise, ) to all or substantially all of the business or and/or assets of the Bank, expressly and unconditionally Bank to assume expressly and agree to perform the Bank’s duties and obligations under this Agreement, Agreement in the same manner and to the same extent that as the Bank would be required to perform it if no such succession or assignment had taken place.
Appears in 9 contracts
Samples: Supplemental Executive Retirement Agreement (Berkshire Hills Bancorp Inc), Supplemental Executive Retirement Agreement (Standard AVB Financial Corp.), Supplemental Executive Retirement Agreement (Standard AVB Financial Corp.)
Successors to the Bank. The Bank shall Bank, as applicable, will require any successor or assignee, (whether direct or indirect, by purchase, merger, consolidation or otherwise, ) to all or substantially all of the business or and/or assets of the Bank, expressly and unconditionally Bank to assume expressly and agree to perform the Bank’s duties and obligations under this Agreement, Plan in the same manner and to the same extent that as the Bank would be required to perform it if no such succession or assignment had taken place.
Appears in 8 contracts
Samples: Salary Continuation Agreement (BV Financial, Inc.), Salary Continuation Agreement (BV Financial, Inc.), Salary Continuation Agreement (First Seacoast Bancorp)
Successors 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 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 4 contracts
Samples: Change in Control Agreement (MB Bancorp Inc), Change in Control Agreement (MB Bancorp Inc), Change in Control Agreement (MB Bancorp Inc)
Successors 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 '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: Employment Agreement (Falmouth Bancorp Inc), Employment Agreement (New Hampshire Thrift Bancshares Inc), Employment Agreement (Falmouth Bancorp Inc)
Successors 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 '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 (River Financial Corp), Change in Control Agreement (Clifton Bancorp Inc.)
Successors 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 BankBank or the Corporation, 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 (Naugatuck Valley Financial Corp), Change in Control Agreement (Naugatuck Valley Financial Corp)
