Common use of Benefits and Burdens Clause in Contracts

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his personal representatives, and the Corporation and any successor organization which shall succeed to substantially all of its assets and business.

Appears in 9 contracts

Samples: Continuation Agreement (United Community Bancshares Inc), Continuation Agreement (Lamar Capital Corp), Continuation Agreement (East Ridge Bancshares Inc)

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Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his personal representativesrepresentatives and heirs, and to the Corporation Company and any successor organization which shall succeed to substantially all of its assets and businessbusiness without regard to the form of such succession.

Appears in 4 contracts

Samples: Executive Supplemental Compensation Agreement (First Ipswich Bancorp /Ma), Supplemental Compensation Agreement (First Ipswich Bancorp /Ma), Supplemental Compensation Agreement (First Ipswich Bancorp /Ma)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his personal representatives, and the Corporation Corporation, and any successor organization which shall succeed to substantially all of either the Corporation’s assets or its assets and business.business without regard to the form of such succession. ARTICLE ELEVEN

Appears in 4 contracts

Samples: Supplemental Retirement Agreement (Hampton Roads Bankshares Inc), Supplemental Retirement Agreement (Hampton Roads Bankshares Inc), Supplemental Retirement Agreement (Hampton Roads Bankshares Inc)

Benefits and Burdens. 12.01 This Agreement shall be binding upon on and inure to the benefit of the Executive and his personal representativesrepresentative, and it shall be binding on the Corporation Company and any successor organization which person or entity that shall succeed to substantially all of its assets and businessthe Company's assets.

Appears in 3 contracts

Samples: Deferred Compensation Agreement (MTR Gaming Group Inc), Deferred Compensation Agreement (MTR Gaming Group Inc), Deferred Compensation Agreement (MTR Gaming Group Inc)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his personal representatives, and the Corporation Bank, and any successor organization which that shall succeed to substantially all of its assets and businessbusiness without regard to the form of such succession.

Appears in 3 contracts

Samples: Executive Supplemental Retirement Agreement (Georgetown Bancorp, Inc.), Executive Supplemental Retirement Agreement (Georgetown Bancorp, Inc.), Executive Supplemental Retirement Agreement (Georgetown Bancorp, Inc.)

Benefits and Burdens. This Agreement shall be binding upon and -------------------- inure to the benefit of the Executive and his personal representatives, and the Corporation Corporation, and any successor organization which shall succeed to substantially all of its the Corporation's assets and businessbusiness without regard to the form of such succession.

Appears in 3 contracts

Samples: Supplemental Executive Retirement Agreement (Sandwich Bancorp Inc), Supplemental Executive Retirement Agreement (1855 Bancorp), Supplemental Executive Retirement Agreement (Beverly National Corp)

Benefits and Burdens. This Agreement shall be binding upon and inure to -------------------- the benefit of the Executive and his personal representatives, and the Corporation Corporation, and any successor organization which shall succeed to substantially all of its the Corporation's assets and businessbusiness without regard to the form of such succession.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Agreement (1855 Bancorp), Supplemental Executive Retirement Agreement (Sandwich Bancorp Inc)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his personal representatives, representatives and the Corporation Bank, and any successor organization which shall succeed to substantially all of its assets and business.

Appears in 2 contracts

Samples: Supplemental Retirement Plan Agreement (Republic Security Financial Corp), Supplemental Retirement Plan Agreement (Republic Security Financial Corp)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his personal representatives, and the Corporation Corporation, and any successor organization which shall succeed to substantially all of its assets and businessbusiness without regard to the form of such succession.

Appears in 2 contracts

Samples: Supplemental Retirement Agreement (Peoples Heritage Financial Group Inc), Supplemental Retirement Agreement (Peoples Heritage Financial Group Inc)

Benefits and Burdens. This Agreement shall be binding upon and inure -------------------- to the benefit of the Executive and his personal representatives, and the Corporation Corporation, and any successor organization which shall succeed to substantially all of its the Corporation's assets and businessbusiness without regard to the form of such succession.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Agreement (Sandwich Bancorp Inc), Supplemental Executive Retirement Agreement (1855 Bancorp)

Benefits and Burdens. This Agreement shall be binding upon and inure insure to the benefit of the Executive and his personal representatives, and the Corporation and any my successor organization which shall succeed to substantially all of its assets and business.

Appears in 2 contracts

Samples: Executive Salary Continuation Agreement (Coast Bancorp), Executive Salary Continuation Agreement (Coast Bancorp)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his personal representatives, and the Corporation Bank and any successor organization which shall succeed to substantially all of its assets and business.

Appears in 2 contracts

Samples: Executive Salary Continuation Agreement (First Farmers & Merchants Corp), Executive Salary Continuation Agreement (First Farmers & Merchants Corp)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his personal representativesrepresentative, and the Corporation Corporation, and any successor organization which shall succeed to substantially all of its assets and businessbusiness without regard to the form of such succession.

Appears in 2 contracts

Samples: Agreement (Camden National Corp), Supplemental Executive Retirement Program (Camden National Corp)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his personal representatives, and the Corporation and any any, successor organization which shall succeed to substantially all of its assets and business.

Appears in 1 contract

Samples: Continuation Agreement (Pacific Community Banking Group)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his personal representativesrepresentatives and beneficiaries, and the Corporation Employer, and any successor organization which shall succeed to substantially all of its either the Employer’s assets and businessbusiness without regard to the form of such succession.

Appears in 1 contract

Samples: Quinta Executive Supplemental Retirement Agreement (La Quinta Corp)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his personal representatives, and the Corporation and any successor organization which whish shall succeed to substantially all of its the Corporation's assets and businessbusiness without regard to the form of such succession.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Beverly National Corp)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his personal representatives, and the Corporation Corporation, and any successor organization which shall succeed to all or substantially all of its assets and businessbusiness without regard to the form of such succession. Article Twelve.

Appears in 1 contract

Samples: Continuation Agreement (First Essex Bancorp Inc)

Benefits and Burdens. This Agreement shall be binding upon upon, and inure to the benefit of the Executive and his the Executive's personal representatives, and the Corporation corporation and any successor organization which shall succeed to substantially all of its assets and business.

Appears in 1 contract

Samples: Executive Salary Continuation Agreement (Boston Private Financial Holdings Inc)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his personal representatives, and the Corporation Corporation, and any successor organization which shall succeed to substantially all of its assets and business.business without regard to the form of such succession. -44- ARTICLE X ---------

Appears in 1 contract

Samples: Supplemental Compensation Agreement (First Litchfield Financial Corp)

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Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his personal representatives, and the Corporation Corporation, and any successor organization which shall succeed to substantially all of its the Corporation's assets and businessbusiness without regard to the form of such succession.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Beverly National Corp)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his her personal representatives, and the Corporation Corporation, and any successor organization which shall succeed to substantially all of its the Corporation's assets and businessbusiness without regard to the form of such succession.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Beverly National Corp)

Benefits and Burdens. This Agreement shall be binding upon on and inure to the benefit of the Executive and his personal representativeslegal representative, and it shall be binding on the Corporation Company and any successor organization which that shall succeed to substantially all of its assets and businessthe Company's assets, by merger, consolidation, or otherwise.

Appears in 1 contract

Samples: Supplemental Retirement Agreement (United Companies Financial Corp)

Benefits and Burdens. This Agreement shall be binding upon upon, and inure to the benefit of the Executive and his the Executive's personal representatives, and the Corporation and any successor organization which shall succeed to substantially all of its assets and business.

Appears in 1 contract

Samples: Executive Salary Continuation Agreement (Boston Private Financial Holdings Inc)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his the Executive's personal representatives, and the Corporation PHFG, and any successor organization which shall succeed to substantially all of its assets and businessbusiness without regard to the form of such succession.

Appears in 1 contract

Samples: Agreement (Peoples Heritage Financial Group Inc)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his personal representatives, and the Corporation Bank, and any successor organization which shall succeed to substantially all of its assets and business.

Appears in 1 contract

Samples: Executive Supplemental Benefit Agreement (Medford Bancorp Inc)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his personal representativesrepresentatives and beneficiaries, and the Corporation Employer, and any successor organization which shall succeed to substantially all of its either the Employer's assets and businessbusiness without regard to the form of such succession.

Appears in 1 contract

Samples: Supplemental Retirement Agreement (La Quinta Properties Inc)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his or her personal representatives, and the Corporation and any successor organization which shall succeed to substantially all of its assets and business.

Appears in 1 contract

Samples: Continuation Agreement (United Security Bancorporation)

Benefits and Burdens. This Agreement shall be binding upon and inure insure to the benefit of the Executive and his personal representativesrepresentatives and beneficiaries, and the Corporation Employer, and any successor organization which shall succeed to substantially all of its either the Employer's assets and businessbusiness without regard to the form of such succession.

Appears in 1 contract

Samples: Warren Five (Warren Bancorp Inc)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his her personal representatives, and the Corporation and any successor organization which shall succeed to substantially all of its assets and business.

Appears in 1 contract

Samples: Continuation Agreement (Lamar Capital Corp)

Benefits and Burdens. This Agreement shall be binding upon and inure to the benefit of the Executive and his personal representatives, and the Corporation Corporation, and any successor organization which shall succeed to substantially all of its assets and business.

Appears in 1 contract

Samples: Supplemental Benefit Agreement (Elco Industries Inc)

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