Failure to Obtain Assumption Agreement. The failure of a successor or assign of the Bank to assume and agree to perform this Agreement, if assignment and assumption does not occur automatically under operation of law,
Appears in 4 contracts
Samples: Employment Agreement (Premierwest Bancorp), Employment Agreement (Premierwest Bancorp), Employment Agreement (Premierwest Bancorp)
Failure to Obtain Assumption Agreement. The failure of a successor or assign of the Bank to assume and agree to perform this Agreement and the Executive’s Employment Agreement, if assignment and assumption does not occur automatically under operation of law,
Appears in 4 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Premierwest Bancorp), Supplemental Executive Retirement Plan Agreement (Premierwest Bancorp), Supplemental Executive Retirement Plan Agreement (Premierwest Bancorp)
Failure to Obtain Assumption Agreement. The failure of a successor or assign of the Bank to assume and agree to perform this Agreement, if assignment and assumption does not occur automatically under operation of law,;
Appears in 2 contracts
Samples: Employment Agreement (Premierwest Bancorp), Employment Agreement (Premierwest Bancorp)
Failure to Obtain Assumption Agreement. The failure of a successor or assign of the Bank BANK to assume and agree to perform this Agreement, if assignment and assumption does not occur automatically under operation of law,;
Appears in 1 contract
