Common use of Full Obligation Clause in Contracts

Full Obligation. Notwithstanding any provision to the contrary, when the Bank has paid either the lifetime benefits or death benefits to which the Executive has become entitled as appropriate under any section or subsection of this Agreement, the Bank has completed its obligation to the Executive.

Appears in 5 contracts

Samples: Salary Continuation Agreement (Third Coast Bancshares, Inc.), Continuation Agreement (Third Coast Bancshares, Inc.), Salary Continuation Agreement (Third Coast Bancshares, Inc.)

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Full Obligation. Notwithstanding any provision to the contrary, when the Bank has paid either the lifetime benefits or death benefits to which the Executive has become entitled as appropriate under any section or subsection of this the Agreement, the Bank has completed its obligation to the Executive.

Appears in 2 contracts

Samples: Salary Continuation Agreement (Washington Banking Co), Peoples State Bank Incentive Deferred Bonus Agreement (PSB Holdings Inc /Wi/)

Full Obligation. Notwithstanding any provision to the contrary, when the Bank has paid either any of the lifetime benefits or death benefits to which the Executive has become entitled as appropriate under any section or subsection of this the Agreement, the Bank has completed its obligation to the Executive.

Appears in 2 contracts

Samples: Continuation Agreement (CU Bancorp), Continuation Agreement (CU Bancorp)

Full Obligation. Notwithstanding any provision to the contrary, when the Bank has paid either the lifetime benefits or death benefits to which the Executive has become entitled as appropriate under any section or subsection of this the Agreement, the Bank has completed its obligation to the Executive.. ******** 17

Appears in 1 contract

Samples: Executive Deferred Compensation Agreement (PSB Holdings Inc /Wi/)

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Full Obligation. Notwithstanding any provision to the contrary, when the Bank has paid either the lifetime benefits (as set forth in Article 4) or death benefits to which the Executive has become entitled (as set forth in Article 5) as appropriate under any section or subsection of this the Agreement, the Bank has completed its obligation to the Executive.

Appears in 1 contract

Samples: Compensation Agreement (PSB Holdings Inc /Wi/)

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