Obligation of the Company. The Company, and not the Board of Directors of the Company or any member thereof, shall be liable for any and all claims made in connection with this Agreement and for any and all payments to which the Employee may be entitled under this Agreement. The Agreement shall be unfunded.
Appears in 3 contracts
Samples: Employment Agreement (United Bancshares Inc/Oh), Agreement (United Bancshares Inc/Oh), Change in Control Agreement (Exchange Bancshares Inc)
Obligation of the Company. The CompanyCompany and successors, and not the Board of Directors of the Company or any member thereof, shall be liable for any and all claims made in connection with this Agreement and for any and all payments to which the Employee may be entitled under this Agreement. The Agreement shall be unfunded.
Appears in 3 contracts
Samples: Employment Agreement (United Bancshares Inc/Oh), Employment Agreement (United Bancshares Inc/Oh), Change in Control Agreement (United Bancshares Inc/Oh)
