Employees and Directors. 9.1 There are no written or oral contract of employment or engagement with a Director or an employee of the Company or the Subsidiaries (or any contract for services with any Person) which cannot be terminated with 3 (three) months’ notice or less without giving rise to a Claim for damages or compensation.
Employees and Directors. (a) The Company and its Subsidiaries do not have, nor have they ever had, any employees. The Company and its Subsidiaries do not engage the services of, nor have they ever engaged the services of, any consultants, contractors or other such service providers. The Company and its Subsidiaries do not have, nor have they ever had, any Employee Plan.
Employees and Directors. (a) All persons who are employees of the Association or Subsidiaries of Seller, immediately prior to the Effective Time ("Seller's Employees") shall, except persons who resign or are terminated, at the Effective Time, become employees of Purchaser; PROVIDED, HOWEVER, that in no event shall any of Seller's Employees be officers of Purchaser, or have or exercise any power or duty conferred upon such an officer, unless and until duly elected or appointed to such position in accordance with the bylaws of Purchaser. Purchaser shall not have any duty or obligation to continue to employ any of Seller's Employees beyond the Effective Time; PROVIDED, HOWEVER, that Purchaser will use reasonable efforts under the circumstances to place or retain such persons after the Effective Time in positions for which they are qualified.
Employees and Directors. 20.1 The Company does not have, and has never had, any employees other than the Employees.
Employees and Directors. 18.1 Information about the employees
Employees and Directors. The Recipient may only disclose Confidential Information to a director, officer or employee who is bound by obligations of confidentiality to the Recipient at least to the extent imposed upon the Recipient by this Agreement.
Employees and Directors. The Corporation has no employees. Effective upon the date of this Agreement, the Corporation's Board of Directors consists of: Xxxxxxx X. Xxxx, (Chairman of the Board) Xxxx X. Xxxx (Member, Board of Directors)
Employees and Directors. The Company has complied in all material respects with all reporting requirements and proper records have been maintained relating to all payments and benefits made or provided or treated as made or provided to its directors shadow directors employees and officers and its former directors shadow directors employees and officers.
Employees and Directors. (a) All persons who are employees of the Company Bank or Subsidiaries, immediately prior to the Effective Time (the "Company's Employees") shall, at the Effective Time, become employees of the Purchaser Bank; PROVIDED, HOWEVER, that in no event shall any of the Company's Employees be officers of the Purchaser Bank, or have or exercise any power or duty conferred upon such an officer, unless and until duly elected or appointed to such position in accordance with the bylaws of the Purchaser Bank. The Purchaser Bank shall not have any duty or obligation to continue to employ any of Company's Employees beyond the Effective Time; PROVIDED, HOWEVER, that the Purchaser Bank will use reasonable efforts under the circumstances to place or retain such persons after the Effective Time in positions for which they are qualified.
Employees and Directors. (a) All employees of the Group Companies (the “Employees”) as of the date hereof are listed in Section 3.2.12 (a) of the Disclosure Schedule and such Section includes a true and complete description of the following as of the date hereof: (i) name; (ii) title or position (including whether full or part time); (iii) hire date; (iv) current annual base compensation rate; (v) commission, bonus or other incentive-based compensation; and (vi) a description of the fringe benefits provided to each such individual as of the date hereof.
