Common use of Indemnity of Plan Administrator Clause in Contracts

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 234 contracts

Samples: Continuation Agreement (Paragon Commercial CORP), Split Dollar Life Insurance Agreement (FNB Bancorp/Ca/), Stock Appreciation Rights Agreement (Kinderhook Bank Corp)

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Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses expenses, or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 165 contracts

Samples: Salary Continuation Agreement (Midcarolina Financial Corp), Compensation Agreement (Middlefield Banc Corp), Income Deferral Agreement (Cape Fear Bank CORP)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its membersAdministrator.

Appears in 105 contracts

Samples: Salary Continuation Agreement (Home Bancorp, Inc.), Salary Continuation Agreement (Bank of Commerce Holdings), Juniata Valley Bank Salary Continuation Agreement (Juniata Valley Financial Corp)

Indemnity of Plan Administrator. The Bank Company shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 83 contracts

Samples: Split Dollar Agreement (First Community Financial Corp), Salary Continuation Agreement (Sierra Bancorp), Split Dollar Agreement (Ohio Valley Banc Corp)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless any party contracted for the members purposes of assisting the Plan Administrator in performing its duties under this Agreement against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its memberssuch contracted party.

Appears in 43 contracts

Samples: Endorsement Split Dollar Life Insurance Agreement (Heritage NOLA Bancorp, Inc.), Supplemental Executive Retirement Agreement (First Bancshares Inc /MS/), Supplemental Director Retirement Agreement (First Seacoast Bancorp)

Indemnity of Plan Administrator. The Bank Company shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses expenses, or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 31 contracts

Samples: Bancorp Amended Director Retirement Agreement (Cortland Bancorp Inc), Director Retirement Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Capital Corp of the West)

Indemnity of Plan Administrator. The Bank Company shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its membersAdministrator.

Appears in 29 contracts

Samples: Director Deferred Fee Agreement (Ohio Valley Banc Corp), Executive Deferred Compensation Agreement (Ohio Valley Banc Corp), Salary Continuation Agreement (Tib Financial Corp.)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator and its agents against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its membersAdministrator.

Appears in 23 contracts

Samples: Continuation Agreement (First Colebrook Bancorp, Inc.), Director Fee Continuation Agreement (First Seacoast Bancorp), Centra Bank Supplemental Executive Retirement Agreement (Centra Financial Holdings Inc)

Indemnity of Plan Administrator. The Company and the Bank shall jointly and severally indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 16 contracts

Samples: Supplemental Executive Retirement Plan Agreement (1st United Bancorp, Inc.), Employment Agreement (1st United Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (1st United Bancorp, Inc.)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator Administrator, and those to whom management and operation responsibilities of the plan have been delegated, against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 10 contracts

Samples: Dollar Life Insurance Agreement (Prime Meridian Holding Co), Dollar Life Insurance Agreement (Prime Meridian Holding Co), Split Dollar Life Insurance Agreement (Investar Holding Corp)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator Administrator, and those to whom management and operation responsibilities of the plan have been delegated, against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Split Dollar Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 9 contracts

Samples: Salisbury Bank and Trust Company (Salisbury Bancorp, Inc.), Salisbury Bank and Trust Company (Salisbury Bancorp, Inc.), Salisbury Bank and Trust Company (Salisbury Bancorp, Inc.)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator Administrator, and those to whom management and operational responsibilities of the plan have been delegated, against any and all claims, losses, damages, expenses (including reasonable attorney fees and related legal costs and expenses) or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 8 contracts

Samples: Split Dollar Life Insurance Agreement (Square 1 Financial Inc), Split Dollar Life Insurance Agreement (Square 1 Financial Inc), Split Dollar Life Insurance Agreement (Square 1 Financial Inc)

Indemnity of Plan Administrator. The Bank shall will indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses expenses, or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 8 contracts

Samples: Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Eagle Bancorp Montana, Inc.), Middlefield Banking Company (Middlefield Banc Corp)

Indemnity of Plan Administrator. The Bank Company shall indemnify and hold harmless the members of the Plan Administrator and the Board against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its membersmembers or the Board.

Appears in 6 contracts

Samples: Employment Agreement (Greer Bancshares Inc), Salary Continuation Agreement (Greer Bancshares Inc), Employment Agreement (Greer Bancshares Inc)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of Committee and the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator Administrator, the Committee, or any of its members.

Appears in 5 contracts

Samples: Split Dollar Agreement (Southside Bancshares Inc), Split Dollar Agreement (Southside Bancshares Inc), Split Dollar Agreement (Southside Bancshares Inc)

Indemnity of Plan Administrator. The Bank shall will indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses expenses, or liabilities arising from any action or failure to act with respect to regarding this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 4 contracts

Samples: Continuation Agreement (Cortland Bancorp Inc), Continuation Agreement (Cortland Bancorp Inc), Continuation Agreement (Cortland Bancorp Inc)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator Administrator, and those to whom management and operation responsibilities of the Agreement have been delegated, against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 4 contracts

Samples: Dollar Life Insurance Agreement (Century Bancorp Inc), Dollar Life Insurance Agreement (Century Bancorp Inc), Dollar Life Insurance Agreement (Century Bancorp Inc)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses expenses, or liabilities arising from any action or failure to act with respect to this Amended Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 4 contracts

Samples: Director Deferred Compensation Agreement (Newmil Bancorp Inc), Director Deferred Compensation Agreement (Newmil Bancorp Inc), Director Deferred Compensation Agreement (Newmil Bancorp Inc)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses expenses, or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.. 8.5

Appears in 3 contracts

Samples: Tidelands Bank Salary Continuation Agreement (Tidelands Bancshares Inc), Tidelands Bank Salary Continuation Agreement (Tidelands Bancshares Inc), Tidelands Bank      salary Continuation Agreement (Tidelands Bancshares Inc)

Indemnity of Plan Administrator. The Bank Company shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses expenses, or liabilities arising from any action or failure to act with respect to this Split Dollar Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 3 contracts

Samples: Dollar Agreement and Endorsement (Cortland Bancorp Inc), Bancorp Split Dollar Agreement (Cortland Bancorp Inc), Split Dollar Agreement (Cortland Bancorp Inc)

Indemnity of Plan Administrator. The Bank shall will indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses expenses, or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.. 7.5

Appears in 2 contracts

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

Indemnity of Plan Administrator. The Bank shall indemnify and hold ------------------------------- harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 2 contracts

Samples: Pacific Premier (Pacific Premier Bancorp Inc), Pacific Premier (Pacific Premier Bancorp Inc)

Indemnity of Plan Administrator. The Company and/or the Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 2 contracts

Samples: Director Deferred Compensation Agreement (Sussex Bancorp), Director Deferred Compensation Agreement (Sussex Bancorp)

Indemnity of Plan Administrator. The Bank shall indemnify indemnify, hold harmless, and hold harmless defend any individual serving as Plan Administrator and/or any individuals serving as the members of the Committee appointed as Plan Administrator against any and all claims, losses, damages, expenses or liabilities expenses, including attorney’s fees, incurred by them, and any liability, including any amounts paid in settlement with their approval arising from any their action or failure to act with respect to this Agreementact, except in when the case of same is judicially determined to be attributable to their gross negligence or willful misconduct by the Plan Administrator or any of its membersmisconduct.

Appears in 1 contract

Samples: Retirement Agreement (River Financial Corp)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.Administrator. The Xxxxx Bank Director Deferred Compensation Agreement

Appears in 1 contract

Samples: Director Deferred Compensation Agreement (LINKBANCORP, Inc.)

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Indemnity of Plan Administrator. The Bank shall indemnify and ------------------------------- hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses expenses, or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Cooperative Bankshares Inc)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses expenses, or liabilities 9 arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 1 contract

Samples: Southern Michigan Bancorp Inc

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator (or any of its membersmembers if a committee).

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Cambridge Bancorp)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.. PEOPLES FEDERAL SAVINGS BANK Salary Continuation Agreement

Appears in 1 contract

Samples: Salary Continuation Agreement (Peoples Federal Bancshares, Inc.)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses expenses, or liabilities arising from any action or failure to act with respect to this AgreementPlan, except in the case of willful misconduct by the Plan Administrator or any of its members.. ATTEST: PEOPLES NEIGHBORHOOD BANK WITNESS: EXECUTIVE: _________________________ _________________________________ Xxxxxx Xxxxxxxx

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan (Peoples Financial Services Corp.)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this AgreementPlan, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan (CBM Bancorp, Inc.)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.Administrator. Capstone Bank Salary Continuation Agreement

Appears in 1 contract

Samples: Salary Continuation Agreement (Smartfinancial Inc.)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.. THE SIMSBURY BANK & TRUST COMPANY Endorsement Split Dollar Insurance Agreement

Appears in 1 contract

Samples: Endorsement Split Dollar Insurance Agreement (SBT Bancorp, Inc.)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure Failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 1 contract

Samples: Retirement Agreement (Community Partners Bancorp)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act set with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 1 contract

Samples: Continuation Agreement (Central Valley Community Bancorp)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.Administrator. Penn Security Bank and Trust Company Supplemental Executive Retirement Plan Agreement

Appears in 1 contract

Samples: Retirement Plan Agreement (Penseco Financial Services Corp)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses expenses, or liabilities arising from any action or failure to act with respect to this Split Dollar Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 1 contract

Samples: Split Dollar Agreement and Endorsement (Fidelity Southern Corp)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses expenses, or liabilities arising from any action or failure to act with respect to this AgreementPlan, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan (Peoples Financial Services Corp.)

Indemnity of Plan Administrator. The Bank shall indemnify and hold --------------------------------- harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.

Appears in 1 contract

Samples: Retirement Agreement (Community Partners Bancorp)

Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the members of the Plan Administrator against any and all claims, losses, damages, expenses or liabilities arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator or any of its members.. Illini Bank and Illini Corporation Supplemental Life Insurance Agreement

Appears in 1 contract

Samples: Supplemental Life Insurance Agreement (Illini Corp)

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