Common use of Bank and Affiliates Clause in Contracts

Bank and Affiliates. The Bank may satisfy its obligations under this Agreement either directly or indirectly through one or more direct or indirect subsidiaries or affiliates. The Executive agrees that this Agreement requires that the Executive make his services available to the Bank and its direct or indirect subsidiaries or affiliates as determined by the Board of Directors of the Bank within the terms and conditions set forth in this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Beverly Financial, Inc.), Employment Agreement (CMS Bancorp, Inc.), Employment Agreement (CMS Bancorp, Inc.)

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Bank and Affiliates. The Bank may satisfy its obligations under this Agreement either directly or indirectly through one (1) or more direct or indirect subsidiaries or affiliates. The Executive agrees that this Agreement requires that the Executive make his services available to the Bank and its direct or indirect subsidiaries or affiliates as determined by the Board of Directors of the Bank within the terms and conditions set forth in this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (CMS Bancorp, Inc.), Employment Agreement (CMS Bancorp, Inc.)

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