Common use of Employee Clause in Contracts

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 37 contracts

Samples: Exhibit 99 (Ajs Bancorp Inc), Employment Agreement (AJS Bancorp, Inc.), Employment Agreement (Fairmount Bancorp, Inc.)

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Employee. Since the Bank is and the Company are contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the BankBank and the Company; provided, however, that nothing in this paragraph shall preclude (iI) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 5 contracts

Samples: Employment Agreement (Norwood Financial Corp), Employment Agreement (Norwood Financial Corp), Employment Agreement (Norwood Financial Corp)

Employee. Since Because the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 5 contracts

Samples: Employment Agreement (First Financial Corp /In/), Employment Agreement (First Financial Corp /In/), Employment Agreement (First Financial Corp /In/)

Employee. Since Because the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his her rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his her death, or (ii) the executors, administrators, or other legal representatives of the Employee or his her estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 5 contracts

Samples: Employment Agreement (First Financial Corp /In/), Employment Agreement (First Financial Corp /In/), Employment Agreement (First Financial Corp /In/)

Employee. Since the Bank is contracting for the unique and -------- personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 4 contracts

Samples: Agreement (Firstfed Bancorp Inc), Employment Agreement (Flagstar Bancorp Inc), Employment Agreement (HCB Bancshares Inc)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i1) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 4 contracts

Samples: Employment Agreement (Ajs Bancorp Inc), Exhibit 99 (Ajs Bancorp Inc), Employment Agreement (Ajs Bancorp Inc)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his her rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i1) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his her death, or (ii) the executors, administrators, or other legal representatives of the Employee or his her estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 3 contracts

Samples: Employment Agreement (Ajs Bancorp Inc), Employment Agreement (Ajs Bancorp Inc), Employment Agreement (Ajs Bancorp Inc)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude preclude: (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, administrators or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 3 contracts

Samples: Employment Agreement (Citizens Community Bancorp Inc.), Employment Agreement (Citizens Community Bancorp Inc.), Employment Agreement (Citizens Community Bancorp Inc.)

Employee. Since the Bank is and the Company are contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the BankBank and the Company; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 3 contracts

Samples: Employment Agreement (Norwood Financial Corp), Employment Agreement (Norwood Financial Corp), Agreement (Glen Burnie Bancorp)

Employee. Since the Company and the Bank is are contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 2 contracts

Samples: Employment Agreement (Cooperative Bankshares Inc), Employment Agreement (First South Bancorp Inc /Va/)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his her rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his her death, or (ii) the executors, administrators, or other legal representatives of the Employee or his her estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 2 contracts

Samples: Tucker Federal (Eagle Bancshares Inc), Employment Agreement (Kentucky First Bancorp Inc)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.,

Appears in 2 contracts

Samples: Kentucky First Federal Bancorp, Frankfort First Bancorp Inc

Employee. Since the Bank is contracting for the -------- unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (Ajs Bancorp Inc)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights right or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.from

Appears in 1 contract

Samples: Employment Agreement (River Valley Bancorp)

Employee. Since the Bank is contracting for the unique and personal --------- skills of the Employee, the Employee shall be precluded from assigning or delegating his her rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his her death, or (ii) the executors, administrators, or other legal representatives of the Employee or his her estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (HCB Bancshares Inc)

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Employee. Since the Bank is contracting for the unique and personal -------- skills of the Employee, the Employee shall be precluded from assigning or delegating his her rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i1) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his her death, or (ii) the executors, administrators, or other legal representatives of the Employee or his her estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (Ajs Bancorp Inc)

Employee. Since the Bank is contracting for the unique and personal --------- skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (HCB Bancshares Inc)

Employee. Since the Bank is contracting for the unique and personal -------- skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (First Lancaster Bancshares Inc)

Employee. Since the Bank is contracting for the unique -------- and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (Heartland Bancshares Inc)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; hereunder, provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (Flagstar Bancorp Inc)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his her rights or duties hereunder without first obtaining the written consent of the BankBank or the Company; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his her death, or (ii) the executors, administrators, or other legal representatives of the Employee or his her estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Extension Agreement (Eagle Bancshares Inc)

Employee. Since the Bank is contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.to

Appears in 1 contract

Samples: Tucker Federal (Eagle Bancshares Inc)

Employee. Since the Company and the Bank is are contracting for the unique and personal skills of the Employee, the Employee shall be precluded from assigning or delegating his rights or duties hereunder without first obtaining the written consent of the Company and the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his death, or (ii) the executors, administrators, or other legal representatives of the Employee or his estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (Pinnacle Bancshares Inc)

Employee. Since the Bank is contracting for the unique and -------- personal skills of the Employee, the Employee shall be precluded from assigning or delegating his her rights or duties hereunder without first obtaining the written consent of the Bank; provided, however, that nothing in this paragraph shall preclude (i) the Employee from designating a beneficiary to receive any benefit payable hereunder upon his her death, or (ii) the executors, administrators, or other legal representatives of the Employee or his her estate from assigning any rights hereunder to the person or persons entitled thereunto.

Appears in 1 contract

Samples: Employment Agreement (First Lancaster Bancshares Inc)

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