Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization of the Bank from the mutual holding company form of organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “Change in Control” for purposes of this Agreement.
Appears in 36 contracts
Samples: Employment Agreement, Savings Institute Bank and Trust Company (SI Financial Group, Inc.), Employment Agreement (BV Financial, Inc.)
Sale of Assets. The Company or the Bank sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization of the Bank from the mutual holding company form of organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “Change in Control” for purposes of this Agreement.
Appears in 30 contracts
Samples: Three Year Change in Control Agreement (BV Financial, Inc.), Employment Agreement (Beneficial Mutual Bancorp Inc), Employment Agreement (Beneficial Mutual Bancorp Inc)
Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization conversion of the Bank from the mutual holding company to stock form of organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “"Change in Control” " for purposes of this Agreement.
Appears in 15 contracts
Samples: Employment Agreement (Kentucky First Federal Bancorp), Agreement of Merger (Frankfort First Bancorp Inc), Employment Agreement (Kentucky First Federal Bancorp)
Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization conversion of the Bank from the mutual holding company to stock form of organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “Change in Control” for purposes of this Agreement.
Appears in 12 contracts
Samples: Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp), Agreement of Merger (Kentucky First Federal Bancorp)
Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization of the Bank from the mutual holding company form of or organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “Change in Control” for purposes of this Agreement.
Appears in 9 contracts
Samples: Employment Agreement (Equitable Financial Corp), Employment Agreement (SI Financial Group, Inc.), Employment Agreement (New England Bancshares, Inc.)
Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the conversion of the Bank from mutual to stock form (including without limitation, through the formation of a stock holding company) or the reorganization of the Bank from into the mutual holding company form of organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “Change in Control” for purposes of this Agreement.
Appears in 8 contracts
Samples: Employment Agreement (Ottawa Savings Bancorp, Inc.), Employment Agreement (SI Financial Group, Inc.), Employment Agreement (Ottawa Savings Bancorp, Inc.)
Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization of the Bank from the mutual holding company form of organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “Change in Control” for purposes of this Agreement.
Appears in 6 contracts
Samples: Employment Agreement (SI Financial Group, Inc.), Employment Agreement (SI Financial Group, Inc.), Employment Agreement (SI Financial Group, Inc.)
Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement Plan to the contrary, in no event shall the reorganization conversion of the Bank from the mutual holding company form of organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “Change in Control” for purposes of this AgreementPlan.
Appears in 6 contracts
Samples: Salary Continuation Agreement (Ottawa Savings Bancorp, Inc.), Salary Continuation Agreement (Ottawa Savings Bancorp, Inc.), Ottawa Savings Bank Salary Continuation Agreement (Ottawa Savings Bancorp, Inc.)
Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization of the Bank Association from the mutual holding company form of or organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “Change in Control” for purposes of this Agreement.
Appears in 5 contracts
Samples: Employment Agreement (New England Bancshares, Inc.), Employment Agreement (New England Bancshares, Inc.), Enfield Federal (NEBS Bancshares, Inc.)
Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization conversion of the Bank from the mutual holding company to stock form of organization to the full stock holding company form of organization (including the elimination of the mutual holding companya “second-step” reorganization) constitute a “Change in Control” for purposes of this Agreement.
Appears in 4 contracts
Samples: Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Kentucky First Federal Bancorp)
Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization conversion of the Bank from the Bank’s mutual holding company form of organization parent from mutual to the full stock holding company form of organization (including the elimination of the mutual holding company) form, i.e., a “second step conversion,” constitute a “Change in Control” for purposes of this Agreement.
Appears in 4 contracts
Samples: Employment Agreement (North Penn Bancorp Inc), Employment Agreement (North Penn Bancorp Inc), North Penn Bank And (North Penn Bancorp Inc)
Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization of the Bank from the mutual holding company form of organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “"Change in Control” " for purposes of this Agreement.
Appears in 3 contracts
Samples: Savings Institute Bank and Trust Company Change in Control Agreement (SI Financial Group, Inc.), Employment Agreement (FedFirst Financial CORP), Change in Control Agreement (Naugatuck Valley Financial Corp)
Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement Plan to the contrary, in no event shall the reorganization of the Bank from into the mutual holding company form of organization or the conversion of the Bank to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “Change in Control” for purposes of this AgreementPlan.
Appears in 3 contracts
Samples: Participation Agreement (Northeast Community Bancorp Inc), Participation Agreement (Polonia Bancorp), Participation Agreement (Polonia Bancorp)
Sale of Assets. The Company sells to a third party all or substantially all of its assets. For purposes of this provision “Company” shall mean any holding company of the Bank. Notwithstanding anything in this Agreement to the contraryAgreement, in no event shall the reorganization a mutual to stock conversion of the Bank from the mutual holding company form of organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “Change in Control” for purposes of this Agreement.
Appears in 2 contracts
Samples: Supplemental Director Retirement Agreement (Newport Bancorp Inc), Supplemental Executive Retirement Agreement (Newport Bancorp Inc)
Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the conversion of the Bank from mutual to stock form (including without limitation, through the formation of a stock holding company) or the reorganization of the Bank from into the mutual holding company form of organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “"Change in Control” " for purposes of this Agreement.
Appears in 2 contracts
Samples: Form of Change in Control Agreement (Naugatuck Valley Financial Corp), Employment Agreement (Naugatuck Valley Financial Corp)
Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization of the Bank Company from the mutual holding company form of or organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “Change in Control” for purposes of this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (New England Bancshares, Inc.), Employment Agreement (New England Bancshares, Inc.)
Sale of Assets. The Company sells to a third -------------- party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization of the Bank from the mutual holding company form of organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “"Change in Control” " for purposes of this Agreement.
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Sale of Assets. The Company sells to a third party -------------- all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization of the Bank from the mutual holding company form of organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “"Change in Control” " for purposes of this Agreement.
Appears in 1 contract
Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization corporate restructuring of the Bank Board from the mutual holding company to the stock form of organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “Change in Control” for purposes of this Agreement.
Appears in 1 contract
Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization of the Bank Association from the mutual holding company form of or organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “"Change in Control” " for purposes of this Agreement.
Appears in 1 contract
Samples: Employment Agreement (New England Bancshares, Inc.)
Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization of the Bank Company from the mutual holding company form of or organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “"Change in Control” " for purposes of this Agreement.
Appears in 1 contract
Samples: Employment Agreement (New England Bancshares, Inc.)
Sale of Assets. The Company company or the Bank sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization of the Bank from the mutual holding company form of organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “Change in Control” for purposes of this Agreement.
Appears in 1 contract
Samples: Walden Federal Savings and Loan Association (Hometown Bancorp,Inc.)
Sale of Assets. The Company sells to a third party all or substantially all of its assets. Notwithstanding anything in this Agreement to the contrary, in no event shall the reorganization corporate restructuring of the Bank from the mutual holding company to the stock form of organization to the full stock holding company form of organization (including the elimination of the mutual holding company) constitute a “Change in Control” for purposes of this Agreement.
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