Nature of Obligations. Nothing contained herein shall create or require the Bank to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive acquires a right to receive benefits from the Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Bank.
Appears in 163 contracts
Samples: Employment Agreement (Home Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc), Employment Agreement (Louisiana Bancorp Inc)
Nature of Obligations. Nothing contained herein shall create or require the Savings Bank to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive acquires a right to receive benefits from the Savings Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Savings Bank.
Appears in 25 contracts
Samples: Employment Agreement (Eureka Financial Corp.), Employment Agreement (Eureka Financial Corp.), Employment Agreement (Eureka Financial Corp.)
Nature of Obligations. Nothing contained herein shall create or ---------------------- require the Bank to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive acquires a right to receive benefits from the Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Bank.
Appears in 15 contracts
Samples: Employment Agreement (Kearny Financial Corp.), Employment Agreement (Kearny Financial Corp.), Employment Agreement (Kearny Financial Corp.)
Nature of Obligations. Nothing contained herein shall create or require the Bank to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive Director acquires a right to receive benefits from the Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Bank.
Appears in 7 contracts
Samples: Director Retirement Plan Agreement (Malvern Federal Bancorp Inc), Director Retirement Plan Agreement (Malvern Federal Bancorp Inc), Retirement Plan Agreement (Malvern Federal Bancorp Inc)
Nature of Obligations. Nothing contained herein shall create or ---------------------- require the Savings Bank to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive acquires a right to receive benefits from the Savings Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Savings Bank.
Appears in 5 contracts
Samples: Employment Agreement (Ridgewood Financial Inc), Employment Agreement (Ridgewood Financial Inc), Employment Agreement (Floridafirst Bancorp Inc)
Nature of Obligations. Nothing contained herein shall create or require the Bank to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive Officer acquires a right to receive benefits from the Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Bank.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Southern Missouri Bancorp, Inc.), Employment Agreement (Union Bankshares Corp), Employment Agreement (Union Bankshares Corp)
Nature of Obligations. Nothing Except as described in Section 2.6, nothing contained herein shall create or require the Bank to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive acquires a right to receive benefits from the Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Bank.
Appears in 4 contracts
Samples: Supplemental Executive Retirement Plan Agreement (First Perry Bancorp, Inc), Executive Retirement Plan Agreement (Capital Bancorp Inc), Executive Retirement Plan Agreement (Capital Bancorp Inc)
Nature of Obligations. Nothing contained herein shall create or require the Bank to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive acquires a right to receive benefits from the Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Bank.
Appears in 3 contracts
Samples: Employment Agreement (Pacific Premier Bancorp Inc), Employment Agreement (Pacific Premier Bancorp Inc), Employment Agreement (Pacific Premier Bancorp Inc)
Nature of Obligations. Nothing contained herein shall create or require ---------------------- the Savings Bank to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive acquires a right to receive benefits from the Savings Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Savings Bank.
Appears in 3 contracts
Samples: Employment Agreement (American Financial Group Inc), Employment Agreement (American Financial Group Inc), Employment Agreement (American Financial Group Inc)
Nature of Obligations. Nothing contained herein shall create or ----------------------- require the Savings Bank to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive acquires a right to receive benefits from the Savings Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Savings Bank.
Appears in 2 contracts
Samples: Employment Agreement (Farnsworth Bancorp Inc), Employment Agreement (Farnsworth Bancorp Inc)
Nature of Obligations. Nothing contained herein shall create or require --------------------- the Bank to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive acquires a right to receive benefits from the Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Bank.
Appears in 2 contracts
Samples: Employment Agreement (SFSB Holding Co), Employment Agreement (Kearny Financial Corp.)
Nature of Obligations. Nothing contained herein shall create or require the Bank to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive Consultant acquires a right to receive benefits from the Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Bank.
Appears in 2 contracts
Samples: Consulting Agreement (Tappan Zee Financial Inc), Consulting Agreement (Usb Holding Co Inc)
Nature of Obligations. Nothing contained herein shall create or require the Bank to create a trust of any kind to fund any benefits which may be payable hereunder, 22 10 and to the extent that the Executive acquires a right to receive benefits from the Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Bank.
Appears in 2 contracts
Samples: Agreement (Commonwealth Bancorp Inc), Agreement (Commonwealth Bancorp Inc)
Nature of Obligations. Nothing contained herein shall create or require the Bank or IPC to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive acquires a right to receive benefits from the Bank or IPC hereunder, such right shall be no greater than the right of any unsecured general creditor of the BankBank or IPC.
Appears in 1 contract
Samples: Employment Agreement (First Community Bancshares Inc /Nv/)
Nature of Obligations. Nothing contained herein shall create --------------------- or require the Bank to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive acquires a right to receive benefits from the Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Bank.
Appears in 1 contract
Nature of Obligations. Nothing contained herein shall create or ----------------------- require the Bank to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive acquires a right to receive benefits from the Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Bank.
Appears in 1 contract
Nature of Obligations. Nothing contained herein shall create or require the Bank to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive Shareholder acquires a right to receive benefits from the Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Bank.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Pacific Premier Bancorp Inc)
Nature of Obligations. Nothing contained herein shall create or require the Bank to create a trust of any kind to fund any benefits which may be payable hereunder, and to the extent that the Executive Consultant acquires a right to receive benefits from the Bank hereunder, such right shall be no greater than the right of any unsecured general creditor of the Bank.
Appears in 1 contract
