Purpose and Effective Date Sample Clauses

Purpose and Effective Date. 2.1 The parties have merged their businesses with a view to achieving the objectives described in the circular dated 30 October 1992 to the holders of shares and bearer depository receipts in NV and to the holders of shares in PLC. The Original Governing Agreement governs aspects of the relations between them following the merger.
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Purpose and Effective Date. The purpose of this Supplemental Executive Retirement Plan (hereinafter the “Plan”) is to provide supplemental retirement benefits for certain key employees of COLUMBIA STATE BANK (hereinafter “Bank” or “Employer”), a bank organized and existing under the laws of the state of Washington. It is intended that the Plan will aid in retaining and attracting individuals of exceptional ability by providing them with these benefits. This Columbia State Bank Supplemental Executive Retirement Plan Agreement (hereinafter “Agreement”) is made and entered into effective as of June 1, 2013, by and between Columbia State Bank (hereinafter “Bank” or “Employer”) and Xxxxxxx X. Xxxxx (hereinafter “Executive” or “Participant”). WHEREFORE, the Bank and Executive hereby agree to the following;
Purpose and Effective Date. On or about the date hereof, the Company and Parent entered into or will enter into an Agreement and Plan of Merger (the “Merger Agreement”), pursuant to which a wholly owned subsidiary of Parent will merge into the Company and the Company will be the surviving corporation (the “Merger”). The purpose of this Agreement is to terminate all prior employment agreements and similar arrangements between the Company, and any of its affiliates, and Executive relating to the subject matter of this Agreement, to recognize Executive’s significant contributions to the overall financial performance and success of the Company, to protect the Company’s business interests through restrictive covenants, and to provide a single, integrated document which shall provide the basis for Executive’s continued employment by Parent and the Company. This Agreement will be effective upon the closing of the Merger (the “Effective Date”). If, for any reason, the Merger is not completed or effectuated, this Agreement shall be void and any prior agreements relating to Executive’s employment with the Company shall remain in effect.
Purpose and Effective Date. This Columbia State Bank Supplemental Executive Retirement Plan Agreement (hereinafter “Agreement”), entered into this February 27, 2015 by and between Columbia State Bank (hereinafter “Bank” “Employer”) and Xxxx Xxxxxxx (hereinafter “Executive” or “Participant”). The purpose of this Columbia State Bank Supplemental Executive Retirement Plan (hereinafter the “Plan”), evidenced by this Agreement, is to provide supplemental retirement benefits for certain key employees of Columbia State Bank. It is intended that the Plan will aid in retaining and attracting individuals of exceptional ability by providing them with these benefits. WHEREFORE, the Bank and Executive hereby agree to the following;
Purpose and Effective Date. This First Amended and Restated Columbia State Bank Supplemental Executive Retirement Plan Agreement (hereinafter “Agreement”), entered into this February 27, 2015 by and between Columbia State Bank (hereinafter “Bank” “Employer”) and Xxxxx Xxxxxx (hereinafter “Executive” or “Participant”), is intended to amend, supersede and replace, in its entirety, the Columbia State Bank Supplemental Executive Retirement Plan Agreement, effective as of July 1, 2013 (“Original Agreement”). The purpose of this Columbia State Bank Supplemental Executive Retirement Plan (hereinafter the “Plan”), evidenced by this Agreement, is to provide supplemental retirement benefits for certain key employees of Columbia State Bank. It is intended that the Plan will aid in retaining and attracting individuals of exceptional ability by providing them with these benefits. WHEREFORE, the Bank and Executive hereby agree to the following;
Purpose and Effective Date. (a) The purpose of this Amended and Restated Employment Agreement is to amend the Prior Employment Agreement, to recognize Executive’s significant contributions to the success of the Company, and to provide a single, integrated document which shall provide the basis for Executive’s continued employment by the Company.
Purpose and Effective Date. The purpose of the Directors' Deferred Fee Plan of The Citizens Bank of Philadelphia, MS. is to provide specified benefits to Directors who contribute materially to the continued growth, development and future business success of The Citizens Bank of Philadelphia, MS. It is the intention of The Citizens Bank of Philadelphia, MS. that this program and the individual plans established hereunder be administered as unfunded welfare benefit plans established for Directors of the Bank. The Effective Date of this Plan is September 1, 1986.
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Purpose and Effective Date. This HIPAA Medical Privacy Article is adopted in response to the provisions of the Medical Privacy Regulations issued under the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”).
Purpose and Effective Date. The purpose of this Supplemental Executive Retirement Plan (the “Plan”) is to provide supplemental retirement benefits for certain key employees of Heritage Commerce Corp, Heritage Bank of Commerce and subsidiaries or affiliates thereof (the “Employer”) who are employed by the Employer on, or after January 1, 2005. It is intended that the Plan will aid in retaining and attracting individuals of exceptional ability by providing them with these benefits. This Plan shall be effective as of January 1, 2005.
Purpose and Effective Date. 1.01 The purpose of this Amendment is to extend the Term of the Agreement.
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