Common use of Reorganization Clause in Contracts

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm or person unless such succeeding or continuing bank, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity.

Appears in 100 contracts

Samples: Supplemental Employee Retirement Plan (Cascade Bancorp), Supplemental Executive Retirement Agreement (Cambridge Bancorp), Supplemental Employee Retirement Plan (Cascade Bancorp)

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Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm firm, or person unless such succeeding or continuing bank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entitybank.

Appears in 100 contracts

Samples: Agreement (Temecula Valley Bancorp Inc), Supplemental Executive Retirement Plan Agreement (First Bancshares Inc /MS/), Enterprise Bank and Trust Company (Enterprise Bancorp Inc /Ma/)

Reorganization. The Bank shall not merge or consolidate into or with another bankcompany, or reorganize, or sell substantially all of its assets to another bankcompany, firm or person unless such succeeding or continuing bankcompany, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entitycompany.

Appears in 52 contracts

Samples: Endorsement Split Dollar Life Insurance Agreement (Commercial Bancshares Inc \Oh\), Supplemental Life Insurance Agreement (Enterprise Bancorp Inc /Ma/), Endorsement Split Dollar Life Insurance Agreement (Union Bankshares Inc)

Reorganization. The Bank shall not merge or consolidate into or with another bankcompany, or reorganize, or sell substantially all of its assets to another bankcompany, firm firm, or person unless such succeeding or continuing bankcompany, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entitycompany.

Appears in 25 contracts

Samples: Supplemental Director Retirement Agreement (BCSB Bancorp Inc.), Laurel Savings Bank (Laurel Capital Group Inc), Supplemental Executive (Community Heritage Financial, Inc.)

Reorganization. The Bank shall not merge or consolidate into or with another bankcompany, or reorganize, or sell substantially all of its assets to another bankcompany, firm firm, or person unless such succeeding or continuing bankcompany, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term "Bank" as used in this Agreement shall be deemed to refer to the successor or survivor entitycompany.

Appears in 24 contracts

Samples: Director Deferred Incentive Agreement (Home Federal Bancorp Inc), Compensation Agreement (Greene County Bancshares Inc), Compensation Agreement (Greene County Bancshares Inc)

Reorganization. The Bank shall not merge or consolidate into or with another bankcompany, or reorganize, or sell substantially all of its assets to another bankcompany, firm or person unless such succeeding or continuing bankcompany, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entityhereunder.

Appears in 18 contracts

Samples: Supplemental Executive Retirement Agreement (New North Penn Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc), Supplemental Executive Retirement Agreement (North Penn Bancorp, Inc.)

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm firm, or person unless such succeeding or continuing bank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term "Bank" as used in this Agreement shall be deemed to refer to the successor or survivor entitybank.

Appears in 15 contracts

Samples: Executive Deferred Compensation Agreement (Premierwest Bancorp), Continuation Agreement (National Bankshares Inc), Retirement Agreement (Community Partners Bancorp)

Reorganization. The Bank shall not merge or consolidate into or with another bankcompany, or reorganize, or sell substantially all of its assets to another bankcompany, firm or person unless such succeeding or continuing bankcompany, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity.

Appears in 13 contracts

Samples: Split Dollar Agreement (LaPorte Bancorp, Inc.), Split Dollar Agreement (Temecula Valley Bancorp Inc), Director Deferred Fee Agreement (Riverview Financial Corp)

Reorganization. The Bank shall not merge or consolidate into or with another bankBank, or reorganize, or sell substantially all of its assets to another bankBank, firm firm, or person unless such succeeding or continuing bankBank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entityBank.

Appears in 11 contracts

Samples: Continuation Agreement (Heritage Oaks Bancorp), First Farmers and Merchants Bank Director Deferred Compensation Agreement (First Farmers & Merchants Corp), Continuation Agreement (Heritage Oaks Bancorp)

Reorganization. The Bank shall not merge or consolidate into or with another bankcompany, or reorganize, or sell substantially all of its assets to another bankcompany, firm firm, or person unless such succeeding or continuing bankcompany, firm firm, or person agrees to assume and discharge the obligations of the Bank under this AgreementAgreement or unless any such activity would constitute a Change of Control. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entitycompany.

Appears in 10 contracts

Samples: Continuation Agreement (Bank of Commerce Holdings), Change in Control Agreement for Randy Eslick (Bank of Commerce Holdings), Continuation Agreement (Bank of Commerce Holdings)

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm or person unless such succeeding or continuing bank, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term "Bank" as used in this Agreement shall be deemed to refer to the successor or survivor entity.

Appears in 10 contracts

Samples: Retirement Agreement (Rhinebeck Bancorp, Inc.), Continuation Plan Agreement (Rhinebeck Bancorp, Inc.), Continuation Plan Agreement (Rhinebeck Bancorp, Inc.)

Reorganization. The Bank shall not merge or consolidate into or with another bankBank, or reorganize, or sell substantially all of its assets to another bankBank, firm firm, or person unless such succeeding or continuing bankBank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an eventevent or upon a Change of Control, the term “BankBANK” as used in this Agreement shall be deemed to refer to the successor or survivor entityBank.

Appears in 10 contracts

Samples: Continuation Agreement (Delhi Bank Corp), Continuation Agreement (Delhi Bank Corp), Continuation Agreement (Delhi Bank Corp)

Reorganization. The Bank shall not merge or consolidate into or with another bankBank, or reorganize, or sell substantially all of its assets to another bank, firm firm, or person unless such succeeding or continuing bank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entitybank.

Appears in 9 contracts

Samples: Director Deferred Fee Agreement (Home Federal Bancorp), Agreement (First Ulb Corp.), Director Deferred Fee Agreement (Central Valley Community Bancorp)

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm or person unless and until such succeeding or continuing bank, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor bank, firm, person or other entity.

Appears in 7 contracts

Samples: Continuation Agreement by And (Bank of Marin Bancorp), Salary Continuation Agreement (Bank of Marin Bancorp), Salary Continuation Agreement (Bank of Marin Bancorp)

Reorganization. The Bank shall not merge or consolidate into or with another bankBank, or reorganize, or sell substantially all of its assets to another bankBank, firm firm, or person unless such succeeding or continuing bankBank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Amended Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Amended Agreement shall be deemed to refer to the successor or survivor entityBank.

Appears in 6 contracts

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

Reorganization. The Bank shall not merge or consolidate into or with another bankBank, or reorganize, or sell substantially all of its assets to another bankcompany, firm firm, or person unless such succeeding or continuing bankcompany, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity.

Appears in 6 contracts

Samples: Compensation Agreement (QCR Holdings Inc), Rapids Bank and Trust (QCR Holdings Inc), Deferred Compensation Agreement (Quad City Holdings Inc)

Reorganization. The Bank shall not merge or consolidate into or with another bankBank, or reorganize, or sell substantially all of its assets to another bankBank, firm firm, or person unless and until such succeeding or continuing bankBank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the such successor or survivor entityBank.

Appears in 5 contracts

Samples: Continuation and Participation Agreement (Southeastern Bank Financial CORP), Continuation and Participation Agreement (Southeastern Bank Financial CORP), Continuation and Participation Agreement (Southeastern Bank Financial CORP)

Reorganization. The Bank shall not merge or consolidate into or with another bankBank, or reorganize, or sell substantially all of its assets to another bankBank, firm firm, or person unless such succeeding or continuing bankBank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity's obligations.

Appears in 5 contracts

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

Reorganization. The Bank shall not merge or consolidate into or with another bankBank, or reorganize, or sell substantially all of its assets to another bankBank, firm firm, or person unless such succeeding or continuing bankBank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term "Bank" as used in this Agreement shall be deemed to refer to the successor or survivor entityBank.

Appears in 5 contracts

Samples: Supplemental Compensation and Amendment Agreement (United Bancorporation of Alabama Inc), Continuation Agreement (Omega Financial Corp /Pa/), Supplemental Compensation and Amendment Agreement (United Bancorporation of Alabama Inc)

Reorganization. The Bank shall not merge or consolidate into or with another bankcompany, or reorganize, or sell substantially all of its assets to another bankcompany, firm or person unless such succeeding or continuing bankcompany, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term "Bank" as used in this Agreement shall be deemed to refer to the successor or survivor entitycompany.

Appears in 4 contracts

Samples: Dollar Agreement (First Citizens Bancshares Inc /Tn/), Supplemental Life Insurance Agreement (PFS Bancorp, Inc.), Deferred Compensation Agreement (Laurel Capital Group Inc)

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm or person unless such succeeding or continuing bank, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entitybank.

Appears in 4 contracts

Samples: Supplemental Executive Retirement Agreement (Cambridge Bancorp), Supplemental Executive Retirement Agreement (Cambridge Bancorp), Supplemental Compensation (Temecula Valley Bancorp Inc)

Reorganization. The Bank shall not merge or consolidate into or with another bankcorporation, or reorganize, or sell substantially all of its assets to another bankcorporation, firm firm, or person unless and until such succeeding or continuing bankcorporation, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor such succeeding or survivor entitycontinuing bank, firm, or person.

Appears in 4 contracts

Samples: Insurance Agreement (MB Bancorp Inc), Insurance Agreement (MB Bancorp Inc), Insurance Agreement (MB Bancorp Inc)

Reorganization. The Bank shall not merge or consolidate into or with another bankBank, or reorganize, convert to a stock bank, or sell substantially all of its assets to another bankBank, firm firm, or person unless such succeeding or continuing bankBank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity.

Appears in 4 contracts

Samples: Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.), Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.), Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.)

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm or person unless such succeeding or continuing bank, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or or. survivor entity.

Appears in 4 contracts

Samples: Athens Federal Community Bank Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp), Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp), Athens Federal Community Bank Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp)

Reorganization. The Bank shall not merge or consolidate into or with another bankcompany, or reorganize, or sell substantially all of its assets to another bankcompany, firm or person unless such succeeding or continuing bankcompany, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity.

Appears in 3 contracts

Samples: Salary Continuation Agreement (Home Federal Bancorp, Inc.), Continuation Agreement (Home Federal Bancorp, Inc.), Salary Continuation Agreement (Home Federal Bancorp, Inc.)

Reorganization. The Bank shall not merge or consolidate into or with another bankcompany, or reorganize, or sell substantially all of its assets to another bankcompany, firm firm, or person unless such succeeding or continuing bankcompany, firm firm, or person agrees to assume and discharge the obligations of the Bank under this AgreementPlan. Upon the occurrence of such an event, the term "Bank" as used in this Agreement Plan shall be deemed to refer to the successor or survivor entitycompany.

Appears in 3 contracts

Samples: Plan (Wayne Savings Bancshares Inc /De/), Emclaire Financial Corp, Se Financial Corp

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm firm, or person unless such succeeding or continuing bank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity.bank. FEDERAL SAVINGS BANK SUPPLEMENTAL DIRECTOR RETIREMENT AGREEMENT

Appears in 3 contracts

Samples: Supplemental Director Retirement Agreement (First Seacoast Bancorp), Supplemental Director Retirement Agreement (First Seacoast Bancorp), Supplemental Director Retirement Agreement (First Seacoast Bancorp)

Reorganization. The Bank shall not merge or consolidate into or with another bankBank, or reorganize, or sell substantially all of its assets to another bankBank, firm or person unless and until such succeeding or continuing bankBank, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the such successor or survivor entityBank.

Appears in 3 contracts

Samples: Executive Supplemental Retirement Agreement (Georgetown Bancorp, Inc.), Executive Supplemental Retirement Agreement (Georgetown Bancorp, Inc.), Executive Supplemental Retirement Agreement (Georgetown Bancorp, Inc.)

Reorganization. The Bank shall not merge or consolidate into or with another bankBank, or reorganize, or sell substantially all of its assets to another bankBank, firm firm, or person unless such succeeding or continuing bankBank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an eventevent or upon a Change in Control, the term “BankBANK” as used in this Agreement shall be deemed to refer to the successor or survivor entityBank.

Appears in 3 contracts

Samples: Continuation Agreement (Delhi Bank Corp), Salary Continuation Agreement (Delhi Bank Corp), Salary Continuation Agreement (Delhi Bank Corp)

Reorganization. The Bank shall not merge or consolidate into or with -------------- another bank, or reorganize, or sell substantially all of its assets to another bank, firm firm, or person unless such succeeding or continuing bank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term "Bank" as used in this Agreement shall be deemed to refer to the successor or survivor entitybank.

Appears in 3 contracts

Samples: Pacific Premier (Pacific Premier Bancorp Inc), Pacific Premier (Pacific Premier Bancorp Inc), Retirement Agreement (Community Partners Bancorp)

Reorganization. The Bank shall not merge or consolidate into or with another bankcompany, or reorganize, or sell substantially all of its assets to another bankcompany, firm or person unless such succeeding or continuing bankcompany, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity.

Appears in 2 contracts

Samples: Director Retirement Agreement (Esb Financial Corp), Director Retirement Agreement (Esb Financial Corp)

Reorganization. The Bank shall not merge or consolidate into or with another bankBank, or reorganize, or sell substantially all of its assets to another bankBank, firm or person unless such succeeding or continuing bankBank, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity.

Appears in 2 contracts

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

Reorganization. The Bank shall not merge or consolidate into or with another bankcompany, or reorganize, or sell substantially all of its assets to another bankcompany, firm firm, or person unless such succeeding or continuing bankcompany, firm firm, or person agrees to assume and discharge the obligations of the Bank under this AgreementPlan. Upon the occurrence of such an event, the term “Bank” as used in this Agreement Plan shall be deemed to refer to the successor or survivor entitycompany.

Appears in 2 contracts

Samples: Laurel Savings (Laurel Capital Group Inc), First Farmers & Merchants Corp

Reorganization. The Bank shall not merge or consolidate into or with another bankBank, or reorganize, or sell substantially all of its assets to another bankBank, firm firm, or person unless and until such succeeding or continuing bankBank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term "Bank" as used in this Agreement shall be deemed to refer to the such successor or survivor entityBank.

Appears in 2 contracts

Samples: Continuation and Participation Agreement (Southeastern Bank Financial CORP), Continuation and Participation Agreement (Southeastern Bank Financial CORP)

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm firm, or person unless such succeeding or continuing bank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or OLD LINE BANK Salary Continuation Agreement survivor entitybank.

Appears in 2 contracts

Samples: Old Line Bank Salary Continuation Agreement (Old Line Bancshares Inc), Old Line Bank Salary Continuation Agreement (Old Line Bancshares Inc)

Reorganization. The Bank shall not merge or consolidate into or with another bankcompany, or reorganize, or sell substantially all of its assets to another bankcompany, firm firm, or person unless such succeeding or continuing bankcompany, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity.

Appears in 2 contracts

Samples: Deferred Fee Agreement (California Independent Bancorp), Dollar Agreement (Dutchfork Bancshares Inc)

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Reorganization. The Bank shall not merge or consolidate into or with another bankBank, or reorganize, or sell substantially all of its assets to another bankBank, firm firm, or person unless such succeeding or continuing bankBank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity.

Appears in 1 contract

Samples: Split Dollar Agreement (TC Bancshares, Inc.)

Reorganization. The Bank shall not merge or consolidate into or with another bankcompany, or reorganize, or sell substantially all of its assets to another bankcompany, firm firm, or person unless such succeeding or continuing bankcompany, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term "Bank" as used in this Agreement shall be deemed to refer to the successor or survivor entity.company. 105

Appears in 1 contract

Samples: Continuation Agreement (Service 1st Bancorp)

Reorganization. The Bank shall not merge or consolidate into or with another bank, bank or reorganize, or sell substantially all of its assets to another bank, firm firm, or person unless such succeeding or continuing bank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this AgreementPlan. Upon the occurrence of such an event, the term “Bank” as used in this Agreement Plan shall be deemed to refer to the successor or survivor entitybank.

Appears in 1 contract

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

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm firm, or person unless such succeeding or continuing bank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor success or OLD LINE BANK Salary Continuation Agreement survivor entitybank.

Appears in 1 contract

Samples: Old Line Bank Salary Continuation Agreement (Old Line Bancshares Inc)

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm or person unless such succeeding or continuing bank, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity.Fairport Savings Bank Supplemental Executive Retirement Agreement

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (FSB Bancorp, Inc.)

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm or person unless and until such succeeding or continuing bank, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the such successor or survivor person or entity. As used in this Agreement, the term “reorganization” shall mean any of the transactions, or combination thereof, referred to in this Section 10.01.

Appears in 1 contract

Samples: Agreement (Campello Bancorp, Inc.)

Reorganization. The Bank shall not merge or consolidate into or with another bank, company or reorganize, or sell substantially all of its assets to another bankcompany, firm or person unless such succeeding or continuing bankcompany, firm or person agrees to assume and discharge the obligations of the Bank under this AgreementPlan. Upon the occurrence of such an event, the term “Bank” as used in this Agreement Plan shall be deemed to refer to the successor or survivor entitycompany.

Appears in 1 contract

Samples: Split Dollar Plan Agreement (First Farmers & Merchants Corp)

Reorganization. The Bank shall not merge or consolidate into or with another bankcompany, or reorganize, or sell substantially all of its assets to another bankcompany, firm or person unless such succeeding or continuing bankcompany, firm or person agrees to assume and discharge the obligations of the Bank under this the Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entitycompany.

Appears in 1 contract

Samples: Laurel Savings (Laurel Capital Group Inc)

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm or person per son unless such succeeding or continuing bank, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity.

Appears in 1 contract

Samples: Retirement Plan Agreement (Athens Bancshares Corp)

Reorganization. The Bank shall not merge or consolidate into or with another bankcompany, or reorganize, reorganize or sell substantially all of its assets to another bankcompany, firm or person unless such succeeding or continuing bankcompany, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity.

Appears in 1 contract

Samples: Director Deferred Fee Agreement (First Perry Bancorp, Inc)

Reorganization. The Bank shall not merge or consolidate into or with another bankBank, or reorganize, or sell substantially all of its assets to another bank, firm or person unless such succeeding or continuing bank, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity.

Appears in 1 contract

Samples: Neighborhood Community Bank (Newnan Coweta Bancshares Inc)

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm or person unless such succeeding or continuing bank, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term ''Bank'' as used in this Agreement shall be deemed to refer to the successor or survivor entitybank.

Appears in 1 contract

Samples: Cambridge Trust Company Supplemental Executive Retirement Agreement (Cambridge Bancorp)

Reorganization. The Neither the Bank nor the Company shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm firm, or person unless such succeeding or continuing bank, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term "Bank" as used in this Agreement shall be deemed to refer to the successor or survivor entitybank.

Appears in 1 contract

Samples: Continuation Agreement (Dimeco Inc)

Reorganization. The Bank shall not merge or consolidate into or with another bank, company or reorganize, or sell substantially all of its assets to another bankcompany, firm or person unless such succeeding or continuing bankcompany, firm or person agrees to assume and discharge the obligations of the Bank under this AgreementPlan. Upon the occurrence of such an event, the term “Bank” as used in this Agreement Plan shall be he deemed to refer to the successor or survivor entitycompany.

Appears in 1 contract

Samples: First Farmers & Merchants Corp

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm or person unless such succeeding or continuing bank, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Agreement Upon the occurrence of such an event, event the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity.. Capstone Bank Salary Continuation Agreement

Appears in 1 contract

Samples: Salary Continuation Agreement (Smartfinancial Inc.)

Reorganization. The Bank shall not merge or consolidate into or with another bankBank, or reorganize, or sell substantially all of its assets to another bank, firm firm, or person unless such succeeding or continuing bank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term "Bank" as used in this Agreement shall be deemed to refer to the successor or survivor entitybank.

Appears in 1 contract

Samples: Ohio Valley Banc Corp

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bankcompany, firm or person unless such succeeding or continuing bank, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entitycompany.

Appears in 1 contract

Samples: Death Benefit Plan and Agreement (Mid Penn Bancorp Inc)

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm or person unless such succeeding or continuing bank, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term "Bank" as used in this Agreement shall be deemed to refer to the successor or survivor entitybank.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Cambridge Bancorp)

Reorganization. The Bank shall not merge or consolidate into or with another bankcorporation, or reorganize, or sell substantially all of its assets to another bankcorporation, firm firm, or person unless and until such succeeding or continuing bankcorporation, firm firm, or person agrees to assume and discharge the obligations of the Bank corporation under this Agreement. Upon the occurrence of such an event, the term "Bank" as used in this Agreement shall be deemed to refer to the such successor or survivor entitycorporation.

Appears in 1 contract

Samples: Executive Salary Continuation Agreement (First Farmers & Merchants Corp)

Reorganization. The Bank shall not merge or consolidate into or with another bankBank, or reorganize, or sell substantially all of its assets to another bank, firm corporation, firm, or person unless and until such succeeding or continuing bank, corporation, firm or person agrees to assume and discharge all of the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entityhereunder.

Appears in 1 contract

Samples: Executive Supplemental Benefit Agreement (Medford Bancorp Inc)

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm firm, or person unless such succeeding or continuing bank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity.bank. THE LXXXX NATIONAL BANK SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Lyons Bancorp Inc)

Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm firm, or person unless such succeeding or continuing bank, firm firm, or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to refer to the successor or survivor entity.

Appears in 1 contract

Samples: Director Deferred Fee Agreement (Madison County Financial, Inc.)

Reorganization. The Bank shall not merge or consolidate into or with another bank, corporation or reorganize, or sell substantially all of its assets to another bankcorporation, firm firm, or person unless and until such succeeding or continuing bankcorporation, firm firm, or person agrees to assume and discharge the obligations of the Bank corporation under this Agreement. Upon the occurrence of such an event, the term "Bank" as used in this Agreement shall be deemed to refer to the such successor or survivor entitycorporation.

Appears in 1 contract

Samples: Executive Salary Continuation Agreement (First Farmers & Merchants Corp)

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