Common use of Introduction Clause in Contracts

Introduction. To encourage the Executive to remain an employee of the Company, the Company is willing to provide salary continuation benefits to the Executive. The Company will pay the benefits from its general assets.

Appears in 127 contracts

Samples: Continuation Agreement (Tib Financial Corp.), Continuation Agreement (Fulton Bancshares Corp), New Peoples (New Peoples Bankshares Inc)

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Introduction. To encourage the Executive to remain an employee of the Company, the Company is willing to provide salary continuation benefits to the ExecutiveExecutive a deferred incentive opportunity. The Company will pay the benefits from its general assets.

Appears in 13 contracts

Samples: Executive Incentive Retirement Agreement (First Litchfield Financial Corp), Executive Incentive Retirement Agreement (First Litchfield Financial Corp), Incentive Retirement Agreement (First Litchfield Financial Corp)

Introduction. To encourage the Executive to remain an employee of the Company, the Company is willing to provide salary continuation supplemental retirement benefits to the Executive. The Company will pay the benefits from its general assets.

Appears in 13 contracts

Samples: Supplemental Executive Retirement Agreement (United Bankshares Inc/Wv), Supplemental Executive Retirement Agreement (United Bankshares Inc/Wv), Supplemental Executive Retirement Agreement (United Bankshares Inc/Wv)

Introduction. To encourage the Executive to remain an employee of the Company, the Company is willing to provide salary continuation benefits to the ExecutiveExecutive a deferred compensation opportunity. The Company will pay the Executive's benefits from its the Company's general assets.

Appears in 9 contracts

Samples: Executive Deferred Compensation Agreement (North Valley Bancorp), Compensation Agreement (North Valley Bancorp), Valley Bank Executive Deferred Compensation Agreement (Temecula Valley Bancorp Inc)

Introduction. To encourage the Executive to remain an employee of the Company, the Company is willing to provide salary continuation benefits to the ExecutiveExecutive a deferred compensation opportunity together with matching contributions by the Company. The Company will pay the Executive's benefits from its the Company's general assets.

Appears in 6 contracts

Samples: Compensation Agreement (QCR Holdings Inc), Executive Deferred Compensation Agreement (QCR Holdings Inc), Deferred Compensation Agreement (QCR Holdings Inc)

Introduction. To encourage the Executive to remain an employee of the Company, the Company is willing to provide salary continuation benefits to the ExecutiveExecutive a bonus opportunity. The Company will pay the benefits Executive's bonus from its the Company's general assets.

Appears in 3 contracts

Samples: Dollar Agreement (East West Bancorp Inc), Executive Bonus Agreement (Tower Bancorp Inc), Executive Bonus Agreement (Commercial Capital Bancorp Inc)

Introduction. To encourage the Executive to remain an employee of the Company, the Company is willing to provide salary continuation benefits to the Executive. The Company will pay the benefits from its general assets.

Appears in 2 contracts

Samples: Continuation Agreement (Federal Trust Corp), Continuation Agreement (Federal Trust Corp)

Introduction. To encourage the Executive to remain an employee of the Company, the Company is willing to provide salary continuation benefits to the Executive. The Now, therefore, in consideration of the mutual covenants and agreements herein, the Executive and the Company will pay the benefits from its general assets.agree as follows:

Appears in 2 contracts

Samples: Continuation Agreement (Peoples Bancorporation Inc /Sc/), Peoples National Bank (Peoples Bancorporation Inc /Sc/)

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Introduction. To encourage the Executive to remain an employee of the Company, the Company is willing to provide salary continuation benefits to the ExecutiveExecutive a bonus opportunity. The Company will pay the benefits Executive’s bonus from its the Company’s general assets.

Appears in 2 contracts

Samples: Agreement (Oak Valley Bancorp), Agreement (Oak Valley Bancorp)

Introduction. To encourage the Executive to remain an employee of the Company, the Company is willing to provide salary continuation benefits to the Executive. The Company will pay the benefits from its general assets.. AGREEMENT The Company and the Executive agree as follows:

Appears in 2 contracts

Samples: Continuation Agreement (Tri County Financial Corp /Md/), Continuation Agreement (Tri County Financial Corp /Md/)

Introduction. To encourage the Executive to remain an employee of the Company, the Company is willing to provide salary continuation benefits to the Executive. The Company will pay the benefits from its general assets.. AGREEMENT The Executive and the Company agree as follows:

Appears in 1 contract

Samples: Continuation Agreement (Lake Ariel Bancorp Inc)

Introduction. To encourage the Executive to remain an employee of the Company, the Company is willing to provide salary continuation benefits to the Executive. The Company will pay the benefits from its general assetsasses.

Appears in 1 contract

Samples: Salary Continuation Agreement (Fidelity Federal Bancorp)

Introduction. To encourage the Executive to remain an employee of the Company, the Company is willing to provide salary continuation benefits to the Executive, in accordance with the terms of this Agreement. The Company will pay the benefits from its general assets.

Appears in 1 contract

Samples: Supplemental Retirement Agreement (United Financial Corp \Mn\)

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