Holding Company Guaranty. All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Holding Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to the Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Holding Company.
Appears in 4 contracts
Samples: Employment Agreement (First Essex Bancorp Inc), Employment Agreement (First Essex Bancorp Inc), Employment Agreement (First Essex Bancorp Inc)
