Bank Employees Sample Clauses

Bank Employees. (a) At and following the Effective Time, Eagle shall honor, and Eagle shall be obligated to perform, in accordance with their terms, the contractual rights of current and former employees of Alliance and Alliance Bank existing as of the Effective Time, including any severance, employment or “change in control” agreements of Alliance set forth in Section 4.15(b) of the Alliance Disclosure Schedule, in each case as the same may be modified or terminated in accordance with the applicable terms thereof. The severance, change in control, termination or similar payments which are payable pursuant to such agreements, plans or policies of Alliance (which have been quantified in reasonable detail as of the date hereof) are set forth in Section 4.15(b) of the Alliance Disclosure Schedule.
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Bank Employees. If any shares are available at the conclusion of the Subscription Offering, Fairfield plans to offers share in a Community Offering. Fairfield has retained Xxxxx Securities, Inc., to consult with and advise the Bank in the stock offering and assist in the distribution of shares, on a best efforts basis. After an extended period of declining numbers of conversions during the end of 1989 and into 1990, new conversion offerings increased during 1991 and 1992 as interest rates declined and thrift profitability improved, and a core group of surviving and healthy thrifts emerged from the thrift industry's unfavorable financial plight. New thrift equity offerings have generated mixed results. Investors appear to be most interested in thrifts with: (1) strong capital positions, (2) strong earnings levels, and (3) good asset quality. The more marginal thrifts are experiencing less interest by
Bank Employees. (a) At and following the Effective Time, Eagle and Holdings shall honor, and Eagle shall be obligated to perform, in accordance with their terms, the contractual rights of current and former employees of Fidelity existing as of the Effective Time, including any severance, employment or “change-in-control” agreements of Fidelity set forth in Section 6.10 of the Fidelity Disclosure Schedule, in each case as the same may be modified or terminated in accordance with the applicable terms thereof. The severance or termination payments which are payable pursuant to such agreements, plans or policies of Fidelity (which have been quantified in reasonable detail as of the date hereof) are set forth in Section 6.10 of the Fidelity Disclosure Schedule.
Bank Employees. (1) No later than the Closing Date, Purchaser shall extend offers of employment to all Bank Employees, whether such Bank Employee is actively at work or on leave of absence, disability or medical leave (each a “Prospective Purchaser Employee”). Each offer of employment to a Prospective Purchaser Employee shall be for a Comparable Job for such employee as of the execution of this Agreement, and shall be subject to any conditions normally included by Seller in its offers of employment. Notwithstanding the foregoing, Purchaser shall have no obligation hereunder to retain any Transferred Employees for any period of time following the Closing and may terminate any such employees following the Closing subject to Section 8.4(b)(7) hereof.
Bank Employees. Supplier acknowledges that employees of the Bank are required to adhere to a code of conduct, a copy of which is posted on the “Doing Business With Us” page of the Bank’s public website. Among other things, the code of conduct prohibits Bank employees from using their Bank positions for private gain and from soliciting or accepting gifts, meals, and other things of value from persons doing business, or seeking to do business, with the Bank. Supplier shall not offer any employee of the Bank gifts, meals, or other things of value unless an exception applies that would permit the employee to accept the gift, meal, or other thing offered consistent with the code of conduct.
Bank Employees. (a) Subject to FVCB’s determination, in its discretion, to offer continued employment to non-executive officer employees of Colombo on a case by case basis, FVCB and FVCbank shall have no obligation to continue the employment of any Colombo employee after the Effective Time. Each of FVCB and FVCbank agrees that each Colombo employee (excluding any employee subject to an employment agreement, change in control agreement, severance agreement or other agreement which provides for payments following involuntary termination without cause or termination forgood reason”) who is involuntarily terminated without cause within 180 days following the Effective Time shall, subject to any necessary regulatory approvals, and subject to the execution of an appropriate release, receive a severance payment of two weeks of pay for every full year of service to Colombo, with a minimum of four weeks pay and a maximum of twenty six weeks (without proration for partial years of service), except that the persons identified in Section 6.9 of the Colombo Disclosure Schedule shall be entitled to receive a maximum of thirty four weeks. Section 6.9 of the Colombo Disclosure Schedule contains a list of all current employees of Colombo and their start dates upon which their respective lengths of service will be based.
Bank Employees. (a) Subject to the terms of employment and/or consulting agreements in effect as of the date hereof and which have been disclosed to SNB on the Schedules hereto, and subject to SNB’s determination, in its discretion, to offer continued employment to non-executive officer or executive officer employees of KBank on a case by case basis, SNB shall have no obligation to continue the employment of any KBank employee after the Effective Time. Not in limitation of the foregoing, it is the current intention of SNB to offer employees of KBank continued employment, subject to satisfactory review of employee records.
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Bank Employees. (a) At and following the Effective Time, WFBI shall honor, and WFBI shall be obligated to perform, in accordance with their terms, the contractual rights of current and former employees of Alliance and Alliance Bank existing as of the Effective Time, including any severance, employment or “change in control” agreements of Alliance set forth in Section 4.15(b) of the Alliance Disclosure Schedule, in each case as the same may be modified or terminated in accordance with the applicable terms thereof. The severance, change in control, termination or similar payments which are payable pursuant to such agreements, plans or policies of Alliance (which have been quantified in reasonable detail as of the date hereof) are set forth in Section 4.15(b) of the Alliance Disclosure Schedule.
Bank Employees. 4 3.2 Cooperation................................................ 4 3.3
Bank Employees. Maintain a staff of necessary employees to -------------- underwrite and fund IPF Loans under the Program;
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