Effective Date and Contingency. This Agreement shall be effective upon the closing of the Merger. None of the parties to this Agreement shall have any rights or obligations set forth in this Agreement before it becomes effective. This Agreement shall be null and void if, and at such time as, the Merger Agreement is terminated and the Merger is abandoned for any reason prior to the Effective Time of the Merger (as defined in the Merger Agreement).
Appears in 2 contracts
Samples: Separation, Non Competition and Consulting Agreement (Alliance Bancorp, Inc. Of Pennsylvania), Separation, Non Competition and Consulting Agreement (Alliance Bancorp, Inc. Of Pennsylvania)
Effective Date and Contingency. This Agreement shall be effective upon the closing later of the Merger. None Closing of the parties Merger at the Effective Time or July 1, 2020 provided that the Effective Time has already occurred prior to such date (“Effective Time of this Agreement”). Neither party to this Agreement shall have any rights or obligations set forth in this Agreement before it becomes effective. This Agreement shall be null and void if, and at such time as, the Merger Agreement is terminated and the Merger is abandoned for any reason prior to the Effective Time of the Merger (as defined in the Merger Agreement).
Appears in 2 contracts
Samples: Agreement (Fidelity D & D Bancorp Inc), Agreement (Fidelity D & D Bancorp Inc)
