CVCB definition
Examples of CVCB in a sentence
Pursuant to the Reorganization Agreement, Bancorp shall be merged with CVCB and Bank will be merged into CVC Bank (“Merger”).
CVCB, Central Valley Community Bank, a California banking corporation (“CVC Bank”), Bancorp, and Service 1st Bank, a California banking corporation (“Bank”), entered into that certain Reorganization Agreement and Plan of Merger dated as of May 28, 2008 (the “Reorganization Agreement”).
All Confidential Information and all tangible materials containing Confidential Information are and shall remain the sole property of Bancorp, Bank, CVCB or CVC Bank, as the case may be.
Shareholder shall have no obligation under this Agreement to maintain in confidence any information that (i) is in the public domain at the time of disclosure, (ii) though originally Confidential Information, subsequently enters the public domain other than by breach of Shareholder’s obligations hereunder, or (iii) is shown to have been known by Shareholder prior to disclosure to Shareholder by Bancorp, Bank, CVCB or CVC Bank.
While serving as an officer of Bancorp, Bank, CVCB or CVC Bank, Officer will not work as an employee, director or consultant of any other organization or engage in any other activities that conflict with Officer’s obligations to Bancorp, Bank, CVCB or CVC Bank, without the express prior written approval of CVC Bank.
Neither this Agreement nor any rights, duties or obligations hereunder shall be assignable by CVCB or Shareholder, in whole or in part.
Officer shall have no obligation under this Agreement to maintain in confidence any information that (i) is in the public domain at the time of disclosure, (ii) though originally Confidential Information, subsequently enters the public domain other than by breach of Officer’s obligations hereunder, or (iii) is shown to have been known by Officer prior to disclosure to Officer by Bancorp, Bank, CVCB or CVC Bank.
Shareholder agrees that, from and after the date of this Agreement and during the term of this Agreement, he or she will not take any action that will adversely affect his or her ability to comply with the obligations imposed by this Agreement to vote the Shares, except (i) with the prior written consent of CVCB or (ii) to change such right from that of a shared right of Shareholder to vote the Shares to a sole right of Shareholder to vote the Shares.
Shareholder and CVCB each expressly acknowledge that, in view of the uniqueness of the obligations of Shareholder contemplated hereby, CVCB would not have an adequate remedy at law for money damages in the event that this Agreement has not been performed by Shareholder in accordance with its terms, and therefore Shareholder and CVCB agree that CVCB shall be entitled to specific enforcement of the terms hereof in addition to any other remedy to which it may be entitled at law or in equity.
Neither this Agreement nor any rights, duties or obligations hereunder shall be assignable by CVCB or Officer, in whole or in part.