Common use of Apportionment of Obligations Clause in Contracts

Apportionment of Obligations. The obligations for the payment of the amounts otherwise payable pursuant to this Section 3 shall be apportioned between the Company and the Bank as they may agree from time to time in their sole discretion.

Appears in 9 contracts

Samples: Employment Agreement (First Security Group Inc/Tn), Employment Agreement (First Security Group Inc/Tn), Employment Agreement (First Security Group Inc/Tn)

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Apportionment of Obligations. The obligations for the payment of the amounts otherwise payable pursuant to this Section 3 shall be apportioned between the Company and the Bank as they may agree from time to time in their sole discretion. The satisfaction of the obligations in this Section 3 and Section 4 shall be subject to any approvals or non-objections from, and any conditions or restrictions imposed by, any regulator of the Employer.

Appears in 4 contracts

Samples: Employment Agreement (Nicolet Bankshares Inc), Employment Agreement (Nicolet Bankshares Inc), Employment Agreement (Nicolet Bankshares Inc)

Apportionment of Obligations. The obligations for the payment of the amounts otherwise payable pursuant to this Section 3 4 shall be apportioned between the Company and the Bank as they may agree from time to time in their sole discretion.

Appears in 2 contracts

Samples: Employment Agreement (Bear State Financial, Inc.), Employment Agreement (FirstBank Financial Services, Inc.)

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Apportionment of Obligations. The obligations for the payment of the amounts otherwise payable pursuant to this Section 3 shall be apportioned between the Company and the Bank Banks as they may agree from time to time in their sole discretion.

Appears in 2 contracts

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

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