Director Support Clause Samples
The Director Support clause outlines the obligations of a company or its stakeholders to provide necessary resources, information, or assistance to its directors in the performance of their duties. This may include access to company records, administrative support, or reimbursement for reasonable expenses incurred while acting in their official capacity. By ensuring directors have the support they need, this clause helps them fulfill their responsibilities effectively and mitigates the risk of directors being unable to act in the best interests of the company due to lack of resources or information.
POPULAR SAMPLE Copied 1 times
Director Support. The Undersigned agrees to use his or her best efforts to refrain from harming the goodwill of any of the Transaction Parties, the Surviving Entity and the Surviving Bank and their respective subsidiaries, and their respective customer and client relationships during the term of this Agreement.
Director Support. The Director agrees to use his or her best efforts to refrain from harming the goodwill of Investar and Mainland Bank and their respective affiliates or successors, and their respective customer and client relationships.
Director Support. Director agrees that for a period of two (2) years from the Effective Time, to use his/her commercially reasonable efforts to support and refrain from (a) disparaging the goodwill of Bancorp and its subsidiaries (“Bancorp Subsidiaries”) and SCVE, (b) harming their respective customer and client relationships, and (c) disparaging the business or banking reputation of Bancorp or Bancorp Subsidiaries.
Director Support. Director agrees to use his or her best efforts to refrain from harming the goodwill of Keystone, any Subsidiary of Keystone (“Keystone Subsidiary”), TCBX or any Subsidiary of TCBX, and their respective customer, client and vendor relationships. During the term of this Agreement, Director agrees also to consider Third Coast Bank, a Texas state bank with its principal office in Humble, Texas (“Third Coast Bank”), when obtaining banking products or services for his or her personal or business needs; provided, however, that this Agreement shall not require Director to contact Third Coast Bank for a proposal on any such needs.
Director Support. The Undersigned agrees to use his or her best efforts to refrain from harming the goodwill and business relationships of BFST, b1BANK, Progressive, Progressive Bank and their respective Subsidiaries, and their respective customer and client relationships during the term of this Agreement; provided, however, that it will not be a breach of this Agreement if the Undersigned, his Affiliates, or other businesses for which the Undersigned is an officer or director modify his or their respective deposit, loan, trust, or similar business relationships in the ordinary course of business in his or their discretion.
Director Support. The Undersigned agrees to use his or her best efforts to refrain from harming the goodwill and business relationships of BFST, b1BANK, Oakwood, Oakwood Bank and their respective Subsidiaries, and their respective customer and client relationships during the term of this Agreement.
Director Support. Director agrees to use his reasonable efforts to support and refrain from harming the goodwill of Wilshire and its subsidiaries (“Wilshire Subsidiaries”) and Saehan and its subsidiaries (“Saehan Subsidiaries”), and their respective customer and client relationships. Director further agrees to support the business and banking reputation of Wilshire, including its subsidiaries, and not to disparage or otherwise malign such business or banking reputation.
Director Support. Director agrees to use his or her best efforts to refrain from harming the goodwill of PSB and any subsidiary of PSB (“PSB Subsidiary”) or Summit and any subsidiary of Summit (“Summit Subsidiary”), and their respective customer, client, vendor and employee relationships.
Director Support. Director agrees to use his or her best efforts to refrain from harming the goodwill of Community, any Subsidiary of Community (“Community Subsidiary”), EQBK or any Subsidiary of EQBK, and their respective customer, client and vendor relationships. During the term of this Agreement, Director agrees also to consider Equity Bank, a Kansas state bank with its principal office in Andover, Kansas (“Equity Bank”), when obtaining banking products or services for his or her personal or business needs; provided, however, that this Agreement shall not require Director to contact Equity Bank for a proposal on any such needs.
Director Support. The Undersigned agrees to use his or her best efforts to refrain from harming the goodwill and business relationships of SPFI, City Bank, BOH, Bank of Houston and their respective Subsidiaries, and their respective customer and client relationships during the term of this Agreement.