Common use of Purpose and Effect Clause in Contracts

Purpose and Effect. The purpose of this Agreement is to provide Termination Benefits, as defined in Section 9 hereof, in the event of a Termination or Change in Control as provided in Section7(a).

Appears in 2 contracts

Sources: Employment Agreement (Trustco Bank Corp N Y), Employment Agreement (Trustco Bank Corp N Y)

Purpose and Effect. The purpose of this Agreement is to provide Termination Benefits, as defined in Section 9 hereof, in the event of a Termination or Change in Control as provided in Section7(aSection 7(a).

Appears in 1 contract

Sources: Employment Agreement (Trustco Bank Corp N Y)