Effect of Payment to the Beneficiary. The payment to the deemed Beneficiary shall fully and completely discharge the Bank from all further obligations under this Agreement.
Appears in 10 contracts
Samples: Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.), Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.), Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.)
Effect of Payment to the Beneficiary. The payment Payment to the deemed Beneficiary shall fully and completely discharge the Bank and the Administrator from all further obligations under this Agreement.
Appears in 6 contracts
Samples: Deferred Fee Agreement (Santa Lucia Bancorp), Deferred Fee Agreement (Santa Lucia Bancorp), Deferred Fee Agreement (Santa Lucia Bancorp)
Effect of Payment to the Beneficiary. The payment Payment to the deemed Designated Beneficiary shall fully and completely discharge the Bank from all further obligations under this Agreement.
Appears in 3 contracts
Samples: Executive Supplemental Compensation Agreement (California BanCorp), Executive Supplemental Compensation Agreement (California BanCorp), Executive Supplemental Compensation Agreement (California BanCorp)
Effect of Payment to the Beneficiary. The payment Payment to the deemed Beneficiary Beneficiary(ies) shall fully and completely discharge the Bank from all further obligations under this Agreement.
Appears in 2 contracts
Samples: Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.), Executive Supplemental Compensation Agreement (Five Star Bancorp)
Effect of Payment to the Beneficiary. The payment to the deemed Beneficiary shall fully and completely discharge the Bank Company from all further obligations under this Agreement.
Appears in 2 contracts
Samples: Santa Lucia Bank (Santa Lucia Bancorp), Santa Lucia Bank (Santa Lucia Bancorp)
Effect of Payment to the Beneficiary. The payment Payment to the deemed Beneficiary shall fully and completely discharge the Bank Company and the Administrator from all further obligations under this Agreement.
Appears in 2 contracts
Samples: Deferred Fee Agreement (Heritage Commerce Corp), Deferred Fee Agreement (Heritage Commerce Corp)
Effect of Payment to the Beneficiary. The payment Payment to the deemed Beneficiary shall fully and completely discharge the Bank from all further obligations under this Agreement.
Appears in 1 contract
Samples: Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.)
