Contract Termination Provisions. Except for those contracts set forth in Schedule 3.21, all contracts between Target Holding or Target Bank and any employee of either Target Holding or Target Bank or independent contract of either Target Holding or Target Bank shall, by the terms of those contracts or a written addendum to those contracts, be terminable by Acquiror Holding or Acquiror Bank following the Holding Company Merger, upon no more than thirty days written notice to the employee or independent contractor.
Appears in 2 contracts
Sources: Bank Merger Agreement, Bank Merger Agreement