Source of Payments Contract Clauses (404)

Grouped Into 13 Collections of Similar Clauses From Business Contracts

This page contains Source of Payments clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Source of Payments. (a) All payments provided for in this Agreement shall be timely paid in cash or check from the general funds of the Company, subject to Section 12(b). (b) Notwithstanding any provision herein to the contrary, to the extent that payments and benefits, as provided by this Agreement, are paid to or received by Executive under the Employment Agreement in effect between Executive and the Bank (the "Bank Agreement"), such compensation payments and benefits paid by the Bank will be subtracted from any ...amount due simultaneously to Executive under similar provisions of this Agreement. Payments pursuant to this Agreement and the Bank Agreement shall be allocated in proportion to the level of activity and the time expended on such activities by Executive as determined by the Company and the Bank. View More
Found in Clifton Bancorp Inc. contract
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Source of Payments. (a) All payments provided for in this Agreement shall be timely paid in cash or check from the general funds of the Company, subject Bank. The Company may accede to Section 12(b). (b) Notwithstanding this Agreement but only for the purposed of guaranteeing payment and provision of all amounts and benefits due hereunder to Executive. 12 13. EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFITS PLANS. This Agreement contains the entire understanding between the parties hereto and supersedes any provisi...on herein to prior employment agreement between the contrary, Bank or any predecessor of the Bank and Executive, other than the Employment Offer Letter entered into by and between the Bank and Executive as of January 19, 2021, to the extent that payments and benefits, as provided by this Agreement, are paid to or received by Executive under the Employment Agreement in effect between Executive and the Bank (the "Bank Agreement"), such compensation payments and benefits paid by the Bank will be subtracted from any amount due simultaneously to Executive under similar provisions not inconsistent herewith. No provision of this Agreement. Payments pursuant to this Agreement and the Bank Agreement shall be allocated in proportion interpreted to the level of activity and the time expended on such activities by mean that Executive as determined by the Company and the Bank. is subject to receiving fewer benefits than those available to him without reference to this Agreement. View More
Found in 1895 Bancorp of Wisconsin, Inc. contract
Source of Payments. (a) All payments provided for in this Agreement shall be timely paid in cash or check from the general funds of the Company, subject to Section 12(b). (b) Notwithstanding any provision herein to the contrary, to the extent that payments and benefits, as provided by this Agreement, are paid to or received by Executive under the Employment Agreement in effect between Executive and the Bank (the "Bank Agreement"), such compensation payments and benefits paid by the Bank will be subtracted from any ...amount due simultaneously to Executive under similar provisions of this Agreement. Payments pursuant Bank. The Company may accede to this Agreement but only for the purposed of guaranteeing payment and provision of all amounts and benefits due hereunder to Executive. 12 13. EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFITS PLANS. This Agreement contains the entire understanding between the parties hereto and supersedes any prior employment agreement between the Bank or any predecessor of the Bank and Executive, except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to Executive of a kind elsewhere provided. No provision of this Agreement shall be allocated in proportion interpreted to the level of activity and the time expended on such activities by mean that Executive as determined by the Company and the Bank. is subject to receiving fewer benefits than those available to him without reference to this Agreement. View More
Found in Cullman Bancorp, Inc. contract
Source of Payments. (a) All payments provided for in this Agreement shall be timely paid in cash or check from the general funds of the Company, subject to Section 12(b). (b) Notwithstanding any provision herein to the contrary, to the extent that payments and benefits, as provided by this Agreement, are paid to or received by Executive under the Employment Agreement in effect between Executive and the Bank (the "Bank Agreement"), such compensation payments and benefits paid by the Bank will be subtracted from any ...amount due simultaneously to Executive under similar provisions of this Agreement. Payments pursuant Bank. The Company may accede to this Agreement but only for the purposed of guaranteeing payment and provision of all amounts and benefits due hereunder to Executive. 12 13. EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFITS PLANS. This Agreement contains the entire understanding between the parties hereto and supersedes any prior employment agreement between the Bank or any predecessor of the Bank and Executive, except that this Agreement shall not affect or operate to reduce any benefit or compensation inuring to Executive of a kind elsewhere provided. No provision of this Agreement shall be allocated in proportion interpreted to the level of activity and the time expended on such activities by mean that Executive as determined by the Company and the Bank. is subject to receiving fewer benefits than those available to him without reference to this Agreement. View More
Found in PFS Bancorp, Inc. contract
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Source of Payments. All payments under the Plan will be paid from the general funds of the Company; no separate fund will be established under the Plan, and the Plan will have no assets. No right of any person to receive any payment under the Plan will be any greater than the right of any other general unsecured creditor of the Company.
Found in DoorDash Inc contract
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Source of Payments. All payments under the Plan Severance Payments and Severance Benefits will be paid in cash from the general funds of the Company; no separate fund will be established under the Plan, Plan and the Plan will have no assets. No Any right of any person to receive any payment under the Plan will be any no greater than the right of any other general unsecured creditor of the Company.
Found in LEVI STRAUSS & CO contract
Source of Payments. All payments under the Plan will be paid in cash from the general funds of the Company; no Company. No separate fund will be established under the Plan, and the Plan will have no assets. No Any right of any person to receive any payment under the Plan will be any is no greater than the right of any other general unsecured creditor of the Company. The Plan shall be binding upon the Company's successors and assigns.
Found in GSI TECHNOLOGY INC contract
Source of Payments. All payments under the Plan severance benefits will be paid in cash from the general funds of the Company; no separate fund will be established under the Plan, and the Plan will have no assets. No right of any person to receive any payment under the Plan will be any greater than the right of any other general unsecured creditor of the Company.
Found in Asana, Inc. contract
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Source of Payments. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Employee shall have no right, title or interest whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person ...acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company. View More
Found in IMAX CORP contract
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Source of Payments. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, Agreement shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, established and no other segregation of assets shall be made, made to assure payment. The Employee shall have no right, title or interest whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To ...the extent that any person acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company. View More
Found in MOBIVITY HOLDINGS CORP. contract
Source of Payments. All payments provided under this Letter Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, Employer, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Employee shall You will have no right, title or interest whatsoever in or to any investments which the Company or the Employer may make to aid the Company Employer in meeting its ob...ligations hereunder. To the extent that any person acquires a right to receive payments from the Company Employer hereunder, such right shall be no greater than the right of an unsecured creditor of the Company. Employer. View More
Found in FIRST ADVANTAGE CORP contract
Source of Payments. All payments provided under this Agreement, other than payments made pursuant to a plan which provides otherwise, shall be paid in cash from the general funds of the Company, and no special or separate fund shall be established, and no other segregation of assets shall be made, to assure payment. The Employee shall have no right, title or interest whatsoever in or to any investments which the Company may make to aid the Company in meeting its obligations hereunder. To the extent that any person ...acquires a right to receive payments from the Company hereunder, such right shall be no greater than the right of an unsecured creditor of the Company. View More
Found in Intapp, Inc. contract
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Source of Payments. All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Company.
Found in Ottawa Bancorp Inc contract
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Source of Payments. All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Company, however, unconditionally guarantees payment and provision of all 10 amounts and benefits due hereunder to Executive and, Executive, and if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Company.
Found in ESSA Bancorp, Inc. contract
Source of Payments. All payments provided for in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to the Executive and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Company.
Found in Affinity Bancshares, Inc. contract
Source of Payments. All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Company, however, unconditionally guarantees payment and provision of all amounts and benefits due hereunder to Executive and, Executive, and if such amounts and benefits due from the Bank are not 8 timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Company.
Found in Generations Bancorp NY, Inc. contract
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Source of Payments. All payments provided in this Agreement shall be timely paid by check or direct deposit from the general funds of the Bank (or any successor of the Bank). 9 8. EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFITS PLANS. This Agreement contains the entire understanding between the parties hereto and supersedes any prior employment agreement between the Bank or any predecessor of the Bank and the Executive, except that this Agreement shall not affect or operate to reduce any benefit or compensation in...uring to the Executive under another plan, program or agreement (other than an employment agreement) between the Bank and the Executive. View More
Found in Texas Community Bancshares, Inc. contract
Source of Payments. All payments provided in this Agreement shall be timely paid by check or direct deposit from the general funds of the Bank Company (or any successor of the Bank). Company). Notwithstanding any provision in this Agreement to the contrary, there will be no duplication of benefits between this Agreement and any employment agreement to which the Executive may be subject with the Bank. To the extent payments and benefits, as provided for under this Agreement, are paid or received by Executive under a...n employment agreement in effect between Executive and the Bank, the payments and benefits paid by the Bank will be subtracted from any amount or benefit due simultaneously to Executive under similar provisions of this Agreement. 9 8. EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFITS PLANS. This Agreement contains the entire understanding between the parties hereto and supersedes any prior employment agreement between the Bank Company or any predecessor of the Bank Company and the Executive, except that this Agreement shall not affect or operate to reduce the re-location assistance offered under the Offer Letter dated June 3, 2020 between the Bank and the Executive or any benefit or compensation inuring to the Executive under another plan, program or agreement (other than an employment agreement) between the Bank Company and the Executive. View More
Found in Bancorp 34, Inc. contract
Source of Payments. All payments provided in this Agreement shall be timely paid by check or direct deposit from the general funds of the Bank (or any successor of the Bank). 9 8. EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFITS PLANS. This Agreement contains the entire understanding between the parties hereto and supersedes any prior employment agreement between the Bank or any predecessor of the Bank and the Executive, except that this Agreement shall not affect or operate to reduce any benefit or compensation in...uring to the Executive under another plan, program or agreement (other than an employment agreement) between the Bank and the Executive. of a kind expressly provided elsewhere. View More
Found in Melrose Bancorp, Inc. contract
Source of Payments. All payments provided in this Agreement shall be timely paid by check or direct deposit from the general funds of the Bank (or any successor of the Bank). 9 8. EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFITS PLANS. This Agreement contains the entire understanding between the parties hereto and supersedes any prior employment agreement between the Bank or any predecessor of the Bank and the Executive, except that this Agreement shall not affect or operate to reduce any benefit or compensation in...uring to the Executive under another plan, program or agreement (other than an employment agreement) between the Bank and the Executive. of a kind expressly provided elsewhere. View More
Found in Pilgrim Bancshares, Inc. contract
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Source of Payments. All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank.
Found in River Financial Corp contract
Source of Payments. All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. Company.
Found in River Financial Corp contract
Source of Payments. All payments provided for in this Agreement shall be timely paid in cash or check from the general funds of the Bank.
Found in IF Bancorp, Inc. contract
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Source of Payments. All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. The Company may accede to this Agreement but only for the purposed of guaranteeing payment and provision of all amounts and benefits due hereunder to Executive.
Found in FFBW, Inc. contract
Source of Payments. All payments provided in this Agreement shall be timely paid in cash or check from the general funds of the Bank. Association. The Company may accede to this Agreement but only for the purposed of guaranteeing payment and provision of all amounts and benefits due hereunder to Executive.
Found in Sunnyside Bancorp, Inc. contract
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Source of Payments. Any payments to Executive under this Agreement shall be paid from the Company's general assets.
Found in Williams Industrial Services Group Inc. contract
Source of Payments. Any payments to Executive under this Agreement Arrangement shall be paid from the Company's general assets.
Found in Williams Industrial Services Group Inc. contract
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Source of Payments. Each amount that may become payable under the Plan shall be paid solely from the general assets of GECM. Nothing in this Plan shall be construed to create a trust or to establish or evidence any Eligible Employee's claim of any right to payment of other than as an unsecured general creditor with respect to any payment to which he or she may be entitled.
Found in Great Elm Capital Group, Inc. contract
Source of Payments. Each amount that may become payable under the Plan shall be paid solely from the general assets of GECM. Nothing in this Plan shall be construed to create a trust or to establish or evidence any Eligible Employee's claim of any right to payment of other than as an unsecured general creditor with respect to any payment to which he or she may be entitled. 2 11. Rights of Employer. Nothing contained in this Plan nor any action taken under this Plan shall be construed as a contract of employment or ...as giving any Eligible Employee any right to continued employment with GECM or any Affiliate. View More
Found in Great Elm Capital Group, Inc. contract
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Source of Payments. All cash payments provided in this Agreement will be paid from the general funds of the Company. The Executive's status with respect to amounts owed under this Agreement will be that of a general unsecured creditor of the Company.
Found in El Paso Electric Company contract
Source of Payments. All cash payments provided in this Agreement will be paid from the general funds of the Company. The Executive's Bank. Alexander's status with respect to amounts owed under this Agreement will be that of a general unsecured creditor of the Company. Bank.
Found in Northfield Bancorp, Inc. (Staten Island, NY) contract
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