First Northern Replacement Employment Agreements. Pursuant to Section 3.11 of this Agreement, the Bank shall have offered to each of the First Northern Executives who have a First Northern Existing Employment Agreement a First Northern Replacement Employment Agreement, in each case dated as of the Closing Date, except as contemplated by Section 7.2(h).
Appears in 2 contracts
Samples: Agreement and Plan of Merger (First Northern Capital Corp), Agreement and Plan of Merger (Mutual Savings Bank)
First Northern Replacement Employment Agreements. Pursuant to Section 3.11 of this AgreementThe Bank shall, the Bank shall have offered with respect to each of the First Northern Executives who have is a party to a First Northern Existing Employment Agreement Agreement, use its best efforts to cause them to enter into a First Northern Replacement Employment Agreement; provided, in each case dated as however, that the First Northern Existing Employment Agreement of the Closing Date, except as contemplated by chief executive officer of First Northern shall be retained subject to the provisions of Section 7.2(h)) hereof.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Mutual Savings Bank), Agreement and Plan of Merger (First Northern Capital Corp)