Consolidation, Merger or Sale of Assets. Nothing in this AGREEMENT shall preclude the BANK from consolidating with, merging into, or transferring all, or substantially all, of their assets to another corporation that assumes all of its obligations and undertakings hereunder. Upon such a consolidation, merger or transfer of assets, the term “BANK” as used herein, shall mean such other corporation or entity, and this AGREEMENT shall continue in full force and effect.
Appears in 12 contracts
Samples: Bank Employment Agreement (United Community Bancorp), Bank Employment Agreement (United Community Bancorp), Bank Employment Agreement (United Community Bancorp)
Consolidation, Merger or Sale of Assets. Nothing in this AGREEMENT Agreement shall preclude the BANK Bank from consolidating or merging into or with, merging into, or transferring all, all or substantially all, all of their its assets to another corporation that which assumes this Agreement and all of its obligations and undertakings of the Bank hereunder. Upon such a consolidation, merger or transfer of assetsassets or assumption, the term “BANKthe Bank” as used herein, shall mean such other corporation or entity, and this AGREEMENT Agreement shall continue in full force and effect.
Appears in 10 contracts
Samples: Employment Agreement (Ameriana Bancorp), Employment Agreement (Ameriana Bancorp), Employment Agreement (Ameriana Bancorp)
Consolidation, Merger or Sale of Assets. Nothing in this AGREEMENT Agreement ------------------------------------------ shall preclude the BANK Bank from consolidating or merging into or with, merging into, or transferring all, all or substantially all, all of their its assets to another corporation that which assumes this Agreement and all of its obligations and undertakings of the Bank hereunder. Upon such a consolidation, merger merger, or transfer of assetsassets or assumption, the term “BANK” "the Bank" as used herein, shall mean such other corporation or entity, and this AGREEMENT Agreement shall continue in full force and effect.
Appears in 3 contracts
Samples: Employment Agreement (Ameriana Bancorp), Employment Agreement (Ameriana Bancorp), Employment Agreement (Ameriana Bancorp)
Consolidation, Merger or Sale of Assets. Nothing in this AGREEMENT Agreement shall preclude the BANK Bank from consolidating or merging into or with, merging into, or transferring all, all or substantially all, of their its assets to another corporation that which assumes this Agreement and all of its obligations and undertakings of the Bank hereunder. Upon such a consolidation, merger merger, or transfer of assetsassets and assumption, the term “BANK” "the Bank" as used herein, shall mean such other corporation or entity, and this AGREEMENT Agreement shall continue in full force and effect.
Appears in 1 contract
Consolidation, Merger or Sale of Assets. Nothing in ---------------------------------------- this AGREEMENT Agreement shall preclude the BANK Bank or the Company from consolidating or merging into or with, merging into, or transferring all, all or substantially all, all of their its assets to another corporation that which assumes this Agreement and all of its obligations and undertakings of the Bank and the Company hereunder. Upon such a consolidation, merger merger, or transfer of assetsassets and assumption, the term “BANK” terms "the Bank" and "the Company" as used herein, shall mean such other corporation or entity, and this AGREEMENT herein shall continue in full force and effect.
Appears in 1 contract
Consolidation, Merger or Sale of Assets. Nothing in this AGREEMENT shall preclude the BANK or the HOLDING COMPANY from consolidating with, merging into, or transferring all, or substantially all, of their assets to another corporation that assumes all of its their obligations and undertakings hereunder. Upon such a consolidation, merger or transfer of assets, the term “BANK” as used herein, shall mean such other corporation or entity, and this AGREEMENT shall continue in full force and effect.term
Appears in 1 contract
Consolidation, Merger or Sale of Assets. Nothing in this AGREEMENT Agreement ------------------------------------------- shall preclude the BANK Bank from consolidating or merging into or with, merging into, or transferring all, all or substantially all, all of their its assets to another corporation that which assumes this Agreement and all of its obligations and undertakings of the Bank hereunder. Upon such a consolidation, merger merger, or transfer of assetsassets or assumption, the term “BANK” "the Bank" as used herein, shall mean such other corporation or entity, and this AGREEMENT Agreement shall continue in full force and effect.
Appears in 1 contract
Consolidation, Merger or Sale of Assets. Nothing in this AGREEMENT Agreement shall preclude the BANK Bank from consolidating or merging into or with, merging into, or transferring all, all or substantially all, of their its assets to another corporation that which assumes this Agreement and all of its obligations and undertakings of the Bank hereunder. Upon such a consolidation, merger merger, or transfer of assetsassets and assumption, the term “BANKthe Bank” as used herein, shall mean such other corporation or entity, and this AGREEMENT Agreement shall continue in full force and effect.
Appears in 1 contract
