Common use of SUCCESSOR RIGHTS Clause in Contracts

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor or, if there is no such executor, to his estate.

Appears in 25 contracts

Samples: Change of Control Agreement, Change of Control Agreement (Capitol Federal Financial, Inc.), Change of Control Agreement (Capitol Federal Financial, Inc.)

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SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees, and shall be binding upon Company and any successor to Company. If the Executive should die while any amounts would still be payable to him hereunder, Executive hereunder all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor Executive’s devisee, legatee or other designee or, if there is no such executordesignee, to his Executive’s estate.

Appears in 24 contracts

Samples: Employment Agreement (ASB Bancorp Inc), Employment Agreement (ASB Bancorp Inc), Employment Agreement (ASB Bancorp Inc)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor or, if there is no such executor, to his estate.

Appears in 17 contracts

Samples: Change of Control Agreement (Capitol Federal Financial, Inc.), Employment Agreement (Village Bank & Trust Financial Corp.), Employment Agreement (Village Bank & Trust Financial Corp.)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor or, if there is no such executor, to his estate.

Appears in 6 contracts

Samples: Agreement and Plan of Reorganization and Merger (Village Bank & Trust Financial Corp.), Employment Agreement (Community Financial Corp /Va/), Employment Agreement (Village Bank & Trust Financial Corp.)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor devisee, legatee or other designee or, if there is no such executordesignee, to his estate.

Appears in 5 contracts

Samples: Employment Agreement (Premier Community Bankshares Inc), Employment Agreement (Atlantic Financial Corp), Employment Agreement (Atlantic Financial Corp)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him hereunderunder this Agreement, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor devisee, legatee or other designee or, if there is no not such executordesignee, to his estate.

Appears in 5 contracts

Samples: Agreement (Fauquier Bankshares Inc), To Agreement (Fauquier Bankshares Inc), To Agreement (Fauquier Bankshares Inc)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees, and shall be binding upon Bankshares and any successor to Bankshares. If the Executive should die while any amounts would still be payable to him hereunder, Executive hereunder all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor Executive’s devisee, legatee or other designee or, if there is no such executordesignee, to his Executive’s estate.

Appears in 4 contracts

Samples: Employment Agreement (Heritage Bankshares Inc /Va), Employment Agreement (Heritage Bankshares Inc /Va), Employment Agreement (Heritage Bankshares Inc /Va)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor or, if there is no such executor, to his estate.

Appears in 3 contracts

Samples: Employment Agreement (Village Bank & Trust Financial Corp.), Employment Agreement (Century Commercial Bancorp Inc), Employment Agreement (Southern Community Financial Corp.)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees, and shall be binding upon the Company and any successor to the Company. If the Executive should die while any amounts would still be payable to him hereunder, Executive hereunder all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor Executive’s devisee, legatee or other designee or, if there is no such executordesignee, to his Executive’s estate.

Appears in 3 contracts

Samples: Employment Agreement (Meetinghouse Bancorp, Inc.), Employment Agreement (Meetinghouse Bancorp, Inc.), Employment Agreement (Meetinghouse Bancorp, Inc.)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees, and shall be binding upon the Bank and any successor to the Bank. If the Executive should die while any amounts would still be payable to him hereunder, Executive hereunder all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor Executive’s devisee, legatee or other designee or, if there is no such executordesignee, to his Executive’s estate.

Appears in 3 contracts

Samples: Employment Agreement (ASB Bancorp Inc), Employment Agreement (Heritage Bankshares Inc /Va), Employment Agreement (Heritage Bankshares Inc /Va)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the the successors of the Corporation and Executive's ’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his Executive’s executor or, if there is no such executor, to his Executive’s estate.

Appears in 2 contracts

Samples: Change of Control Agreement (Village Bank & Trust Financial Corp.), Change of Control Agreement (Village Bank & Trust Financial Corp.)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees, and shall be binding upon Bancorp and any successor to Bancorp. If the Executive should die while any amounts would still be payable to him hereunder, Executive hereunder all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor Executive's devisee, legatee or other designee or, if there is no such executordesignee, to his Executive's estate.

Appears in 2 contracts

Samples: Employment Agreement (Cenit Bancorp Inc), Employment Agreement (Cenit Bancorp Inc)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the successors of the Corporation and Executive's ’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his Executive’s executor or, if there is no such executor, to his Executive’s estate.

Appears in 2 contracts

Samples: Change of Control Agreement (Village Bank & Trust Financial Corp.), Change of Control Agreement (Village Bank & Trust Financial Corp.)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him Executive hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor Executive's devisee, legatee or other designee, or, if there is no such executordesignee, to his Executive's estate.

Appears in 2 contracts

Samples: Change of Control Agreement (Chemung Financial Corp), Executive Severance Agreement (Chemung Financial Corp)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor or, if there is no such executor, to his estate.

Appears in 1 contract

Samples: Change in Control Agreement (Sound Financial Bancorp, Inc.)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor devisee, legatee or other designee or, if there is no such executordesignee, to his estate.

Appears in 1 contract

Samples: Employment Agreement (Premier Community Bankshares Inc)

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SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the successors of the Corporation and Executive's ’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him Executive hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his Executive’s executor or, if there is no such executor, to his Executive’s estate.

Appears in 1 contract

Samples: Change of Control Agreement (Village Bank & Trust Financial Corp.)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him [him/her] hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his [his/her] executor or, if there is no such executor, to his [his/her] estate.

Appears in 1 contract

Samples: Agreement (FS Bancorp, Inc.)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor devisee, legatee or other designee or, if there is no such executordesignee, to his estate.

Appears in 1 contract

Samples: Employment Agreement (United Bankshares Inc/Wv)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the successors of the Corporation and Executive's ’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him Executive hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his Executive’s executor or, if there is no such executor, to his Executive’s estate.. ​

Appears in 1 contract

Samples: Change of Control Agreement (Village Bank & Trust Financial Corp.)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him hereunderunder this Agreement, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor devisee, legatee or other designee or, if there is no not such executor, designee to his estate.

Appears in 1 contract

Samples: To Agreement (Fauquier Bankshares Inc)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him hereunderunder this Agreement, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor devisee, designee, legatee or other designee or, if there is no not such executor, to his estate.

Appears in 1 contract

Samples: To Agreement (Fauquier Bankshares Inc)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him her hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor her devisee, legatee or other designee or, if there is no such executordesignee, to his her estate.

Appears in 1 contract

Samples: Employment Agreement (Southern Financial Bancorp Inc /Va/)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable ---------------- enforceable-by the Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the if Executive should die while any amounts would still be payable to him hereunderunder either ARTICLE I or ARTICLE II of this Agreement, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his executor devisee, legatee or other designee or, if there is no such executordesignee, to his estate.

Appears in 1 contract

Samples: Employment Contract (BSB Bancorp Inc)

SUCCESSOR RIGHTS. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him her hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to his her executor or, if there is no such executor, to his her estate.

Appears in 1 contract

Samples: Change of Control Agreement (FS Bancorp, Inc.)

SUCCESSOR RIGHTS. This Agreement shall inure insure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts would still be payable to him hereunderher under this Agreement, all such amounts, unless otherwise provided herein, herein shall be paid in accordance with the terms of this Agreement to his executor her devisee, legatee or other designee or, if there is no such executordesignee, to his her estate.

Appears in 1 contract

Samples: Employment Contract (Liberty Centre Bancorp Inc)

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