General Consequences. Subject to Section 5.7 (Termination Fee), in the event of the termination or abandonment of this Plan pursuant to the provisions of Section 7.1, this Plan shall become void and have no force or effect, without any liability on the part of the Parties or any of their respective directors or officers or shareholder with respect to this Plan.
Appears in 2 contracts
Samples: Employment Agreement (Heritage Financial Corp /Wa/), Employment Agreement (Heritage Financial Corp /Wa/)
General Consequences. Subject to Section 5.7 (Termination Fee), in the event of the termination or abandonment of this Plan pursuant to the provisions of Section 7.1, this Plan shall will become void and have no force or effect, without any liability on the part of the Parties or any of their respective directors or officers or shareholder shareholders with respect to this Plan.
Appears in 1 contract
Samples: Agreement and Plan (United Security Bancorporation)
General Consequences. Subject to Section 5.7 (Termination Fee)7.3 and Section 8.5, in the event of the termination or abandonment of this Plan pursuant to the provisions of Section 7.1, this Plan shall become void and have no force or effect, without any liability on the part of the Parties or any of their respective directors or officers or shareholder shareholders with respect to this Plan.. (B)
Appears in 1 contract
Samples: Agreement and Plan of Merger Agreement and Plan of Merger (United Security Bancorporation)
General Consequences. Subject to Section 5.7 5.6 -------------------- (Termination Fee) and Section 7.2(c), in the event of the termination or abandonment of this Plan pursuant to the provisions of Section 7.1, this Plan shall become void and have no force or effect, without any liability on the part of the Parties or any of their respective directors or officers or shareholder shareholders with respect to this Plan.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Community National Corp /Tn)
General Consequences. Subject to subsection (B) of this Section 5.7 (Termination Fee)7.6, in the event of the termination or abandonment of this Plan pursuant to the provisions of Section 7.1Sections 7.1 through 7.5, this Plan shall become void and have no force or effect, without any liability on the part of the Parties or any of their respective directors or officers or shareholder shareholders with respect to this Plan.
Appears in 1 contract
Samples: Central Bancorporation /Wa/
General Consequences. Subject to Section 5.7 (Termination Fee7.2(B), in the event of the termination or abandonment of this Plan pursuant to the provisions of Section 7.1, this Plan shall become void and have no force or effect, without any liability on the part of the Parties or any of their respective directors or officers or shareholder shareholders with respect to this Plan.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Interwest Bancorp Inc)
General Consequences. Subject to subsection (B) of this Section 5.7 (Termination Fee7.2 and to Section 5.7(B), in the event of the termination or abandonment of this Plan pursuant to the provisions of Section 7.1, this Plan shall become void and have no force or effect, without any liability on the part of the Parties or any of their respective directors or officers or shareholder shareholders with respect to this Plan.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Interwest Bancorp Inc)
General Consequences. Subject to Section 5.7 (Termination FeeSections 5.7(B) and 5.7(C), in the event of the termination or abandonment of this Plan pursuant to the provisions of Section 7.1, this Plan shall become void and have no force or effect, without any liability on the part of the Parties or any of their respective directors or officers or shareholder shareholders with respect to this Plan.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Interwest Bancorp Inc)
