Certain Communications. Except for communications in the ordinary course of business that do not relate in any manner to the Merger or the Bank Merger, issue any broadly distributed communication of a general nature to its customers or employees (including, without limitation, any general communications relating to benefits or compensation), provided, however that the prior written consent of Parent required under this section shall not be unreasonably withheld and further provided, that the Company may, without the prior written consent of Parent (but after such consultation, to the extent practicable in the circumstances), issue such communication as may upon the advice of outside counsel be required by law or the requirements of the SEC or Nasdaq.
Appears in 2 contracts
Sources: Merger Agreement (Northeast Pennsylvania Financial Corp), Merger Agreement (KNBT Bancorp Inc)