Centrue Bank definition

Centrue Bank means Centrue Bank, an Illinois chartered commercial bank with its main office located in Kankakee, Illinois, and a wholly-owned subsidiary of Centrue.
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Examples of Centrue Bank in a sentence

  • The Executive serves as Market President of Employer, and its wholly-owned subsidiary, Centrue Bank (the "Bank").

  • The Executive is currently employed as an executive of the Employer and of Centrue Bank, a wholly-owned subsidiary of the Employer (the “Bank”).

  • Furthermore, no Principal Stockholder makes any agreement or understanding herein in his, her or its capacity as a director and/or officer of the Company and/or Centrue Bank.

  • The parties hereto acknowledge that each Principal Stockholder is entering into this agreement solely in his or her capacity as a Centrue stockholder and, notwithstanding anything to the contrary in this Agreement, nothing in this Agreement is intended or shall be construed to require any Principal Stockholder, in his or her capacity as a director of Centrue or a director of Centrue Bank, to act or fail to act in accordance with his or her fiduciary duties in such director capacity.

  • The Executive serves as an officer of the Employer, and its wholly-owned subsidiary, Centrue Bank.

  • Immediately following the Merger, or at such later time as Acquiror may determine in its sole discretion, Centrue Bank (the "Company Bank"), an Illinois state chartered bank and wholly owned Subsidiary of the Company, will merge with and into Midland States Bank ("Acquiror Bank"), an Illinois state chartered bank and wholly owned Subsidiary of Acquiror (the "Bank Merger").

  • Union agrees that all former employees of Centrue or Centrue Bank who become employees of Union or any of its Subsidiaries shall receive credit for their past service with Centrue or Centrue Bank for purposes of eligibility and vesting under Union's profit sharing plan.

  • Centrue Bank is an Illinois commercial bank duly organized, validly existing and in good standing under the laws of the State of Illinois.

  • The Executive serves as a St. Louis Market President of Employer, and its wholly-owned subsidiary, Centrue Bank (the "Bank").

  • Except as set forth on Schedule 4.6, Centrue is, and will be on the Closing Date, the record and beneficial owner of 100% of the Centrue Bank Shares and all of the issued and outstanding shares of capital stock of each other Centrue Subsidiary, free and clear of any lien or encumbrance whatsoever.