andRights Agreement • March 21st, 2001 • Usbancorp Inc /Pa/ • National commercial banks • Pennsylvania
AGREEMENTExecutive Employment Agreement • March 21st, 2001 • Usbancorp Inc /Pa/ • National commercial banks
EXHIBIT 10.7 RESTRICTED STOCK AGREEMENT AGREEMENT made as of the 5th day of October, 2001, by and between AmeriServ Financial, Inc., a Pennsylvania corporation (the "Company"), and Orlando B. Hanselman, an individual who is presently the Chairman,...Restricted Stock Agreement • March 19th, 2002 • Ameriserv Financial Inc /Pa/ • National commercial banks • Pennsylvania
PREAMBLEEmployment Agreement • March 23rd, 2004 • Ameriserv Financial Inc /Pa/ • National commercial banks • Pennsylvania
AMERISERV FINANCIAL, INC. PURCHASE AGREEMENTPurchase Agreement • October 8th, 2004 • Ameriserv Financial Inc /Pa/ • National commercial banks • New York
THIS PURCHASE AGREEMENT (this “Agreement”) is made as of the day of October, 2004, by and between Ameriserv Financial, Inc., a corporation organized under the laws of the State of Pennsylvania (the “Company”), with its principal offices at Main and Franklin Streets, P.O. Box 430, Johnstown, Pennsylvania 15907-0430, and the purchaser whose name and address is set forth on the signature page hereof (the “Purchaser”).
AGREEMENTExecutive Agreement • March 10th, 2005 • Ameriserv Financial Inc /Pa/ • National commercial banks
AMERISERV FINANCIAL, INC. PURCHASE AGREEMENTPurchase Agreement • October 28th, 2004 • Ameriserv Financial Inc /Pa/ • National commercial banks • New York
THIS PURCHASE AGREEMENT (this “Agreement”) is made as of the __ day of October, 2004, by and between Ameriserv Financial, Inc., a corporation organized under the laws of the State of Pennsylvania (the “Company”), with its principal offices at Main and Franklin Streets, P.O. Box 430, Johnstown, Pennsylvania 15907-0430, and the purchaser whose name and address is set forth on the signature page hereof (the “Purchaser”).
SMALL BUSINESS LENDING FUND – SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • August 12th, 2011 • Ameriserv Financial Inc /Pa/ • National commercial banks • New York
THIS SECURITIES PURCHASE AGREEMENT (the “Agreement”) is made as of the Effective Date set forth above (the “Signing Date”) between the Secretary of the Treasury (“Treasury”) and the Company named above (the “Company”), an entity existing under the laws of the Jurisdiction of Organization stated above in the Organizational Form stated above. The Company has elected to participate in Treasury’s Small Business Lending Fund program (“SBLF”). This Agreement contains the terms and conditions on which the Company intends to issue preferred stock to Treasury, which Treasury will purchase using SBLF funds.
UNITED STATES DEPARTMENT OF THE TREASURYRepurchase Agreement • November 2nd, 2011 • Ameriserv Financial Inc /Pa/ • National commercial banks
Reference is made to that certain letter agreement (the “Repurchase Letter Agreement”), dated as of the date set forth on Schedule A hereto, between the United States Department of the Treasury (the “Investor”) and the company set forth on Schedule A hereto (the “Company”). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Repurchase Letter Agreement.
AMENDMENT #2 TO EMPLOYMENT AGREEMENTEmployment Agreement • October 17th, 2008 • Ameriserv Financial Inc /Pa/ • National commercial banks
WHEREAS, the parties entered into an agreement dated January 16, 2004, relating, among other things, to the Executive’s employment by the Company (the “Employment Agreement”), such Employment Agreement being effective as of February 10, 2004; and
UNITED STATES DEPARTMENT OF THE TREASURYSecurities Purchase Agreement • August 12th, 2011 • Ameriserv Financial Inc /Pa/ • National commercial banks
Reference is made to that certain Letter Agreement incorporating the Securities Purchase Agreement – Standard Terms (the “Securities Purchase Agreement”), dated as of the date set forth on Schedule A hereto, between the United States Department of the Treasury (the “Investor”) and the company set forth on Schedule A hereto (the “Company”). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Securities Purchase Agreement. Pursuant to the Securities Purchase Agreement, at the Closing, the Company issued to the Investor the number of shares of the series of its preferred stock set forth on Schedule A hereto (the “Preferred Shares”) and a warrant to purchase the number of shares of its common stock set forth on Schedule A hereto (the “Warrant”).
AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • March 6th, 2008 • Ameriserv Financial Inc /Pa/ • National commercial banks
AGREEMENT made the 24th day of January, 2008, by and between AMERISERV FINANCIAL, INC., a Pennsylvania corporation (the “Company”), and ALLAN R. DENNISON, an individual (the “Executive”).
SUBORDINATED NOTE PURCHASE AGREEMENTSubordinated Note Purchase Agreement • August 30th, 2021 • Ameriserv Financial Inc /Pa/ • National commercial banks • Pennsylvania
This SUBORDINATED NOTE PURCHASE AGREEMENT (this “Agreement”) is dated as of August 26, 2021, and is made by and among AmeriServ Financial, Inc. (“Company”), and the noteholder identified on the signature page hereto (the “Noteholder”). Holders of the Subordinated Notes may be individually referred to herein as a “Noteholder” and collectively as the “Noteholders.” Capitalized terms that are not otherwise defined shall have the meanings set forth in Section 1 hereof.
EMPLOYMENT AGREEMENTEmployment Agreement • July 28th, 2009 • Ameriserv Financial Inc /Pa/ • National commercial banks • Pennsylvania
THIS EMPLOYMENT AGREEMENT (“Agreement”) is entered into on July 22, 2009, and is effective as of August 17, 2009 (“Effective Date”), by and between AMERISERV FINANCIAL, INC., a Pennsylvania corporation (the “Company”), and GLENN L. WILSON, an individual residing at 118 Little Harbor Way #202, Chestertown, MD 21620 (the “Executive”).
EMPLOYMENT AGREEMENTEmployment Agreement • August 29th, 2023 • Ameriserv Financial Inc /Pa/ • National commercial banks • Pennsylvania
THIS EMPLOYMENT AGREEMENT (“Agreement”) is entered into on May 6, 2010, and is effective as of May 17, 2010 (the “Effective Date”), by and between AMERISERV FINANCIAL BANK (the “Bank”), a wholly-owned subsidiary of AmeriServ Financial, Inc. (the “Company”), and James T. Huerth (the “Executive”).
TAX SEPARATION AGREEMENTTax Separation Agreement • April 14th, 2000 • Usbancorp Inc /Pa/ • National commercial banks • Pennsylvania
COOPERATION AND SETTLEMENT AGREEMENTCooperation and Settlement Agreement • June 14th, 2024 • Ameriserv Financial Inc /Pa/ • National commercial banks • Pennsylvania
This Cooperation and Settlement Agreement (this “Agreement”), effective as of June 13, 2024 (the “Effective Date”), is entered into by and among AmeriServ Financial, Inc., a Pennsylvania corporation (“AmeriServ”), and Driver Opportunity Partners I LP (“Driver Partners”), a Delaware limited partnership, Driver Management Company LLC, and J. Abbott R. Cooper (each, a “Driver Party” and collectively, the “Driver Parties”). AmeriServ and the Driver Parties are collectively referred to herein as the “Parties,” and each of AmeriServ and the collective Driver Parties, a “Party.” Unless otherwise defined, capitalized terms shall have the meanings given to them in Section 17 herein.
EMPLOYMENT AGREEMENTEmployment Agreement • April 28th, 2015 • Ameriserv Financial Inc /Pa/ • National commercial banks • Pennsylvania
THIS EMPLOYMENT AGREEMENT (“Agreement”) is entered into on April 27, 2015, and is effective as of March 19, 2015 (the “Effective Date”), by and between AmeriServ Financial, Inc. (“AmeriServ”), and Jeffrey A. Stopko (the “Executive”).
SEPARATION AND RELEASE AGREEMENTSeparation and Release Agreement • January 12th, 2010 • Ameriserv Financial Inc /Pa/ • National commercial banks • Pennsylvania
This Separation and Release Agreement ("Agreement") is made this 9th day of January, 2010 by and between AmeriServ Financial, which is meant to and shall include all of its subsidiaries, affiliates, and related organizations and their officers, directors, employees, trustees, agents, representatives, predecessors, successors and assigns, (hereinafter collectively referred to as "AmeriServ Financial"), and Ronald W. Virag. ("Employee").
COOPERATION AGREEMENTCooperation Agreement • April 22nd, 2024 • Ameriserv Financial Inc /Pa/ • National commercial banks • Pennsylvania
This Cooperation Agreement (this “Agreement”), effective as of April 18, 2024, is entered into by and between AmeriServ Financial, Inc., a Pennsylvania corporation (the “Company”), and SB Value Partners, L.P., a Texas limited partnership (the “Investor”). Unless otherwise defined herein, capitalized terms shall have the meanings given to them in Section 15.
STOCK PURCHASE AGREEMENTStock Purchase Agreement • June 14th, 2024 • Ameriserv Financial Inc /Pa/ • National commercial banks • Pennsylvania
THIS STOCK PURCHASE AGREEMENT (this “Agreement”), dated as of June 13, 2024 (the “Effective Date”), is made by and between AmeriServ Financial, Inc., a Pennsylvania corporation (the “Buyer”), and Driver Opportunity Partners I LP, a Delaware limited partnership (the “Seller”). The Buyer and the Seller are sometimes each referred to herein as a “Party” and are sometimes collectively referred to herein as the “Parties”.
