No Change in Control. Neither the Company nor any of its Subsidiaries is a party to any employment, Change in Control, severance, or other compensatory agreement or any benefit plan pursuant to which the issuance of the Shares to the Purchasers as contemplated by this Agreement would trigger a “change of control” or other similar provision in any of the agreements, which results in payments to the counterparty or the acceleration of vesting of benefits.
Appears in 11 contracts
Sources: Securities Purchase Agreement (Northpointe Bancshares Inc), Securities Purchase Agreement (Northpointe Bancshares Inc), Securities Purchase Agreement (Republic First Bancorp Inc)
No Change in Control. Neither Except as set forth in Schedule 3.1(tt), neither the Company nor any of its Subsidiaries is a party to any employment, Change in Control, severance, or other compensatory agreement or any benefit plan pursuant to which the issuance of the Shares to the Purchasers as contemplated by this Agreement would trigger a “change of control” or other similar provision in any of the agreements, which results in payments to the counterparty or the acceleration of vesting of benefits.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Patriot National Bancorp Inc), Securities Purchase Agreement (Patriot National Bancorp Inc)
No Change in Control. Neither the Company nor any of its Subsidiaries is a party to any employment, Change change in Controlcontrol, severance, or other compensatory agreement or any benefit plan pursuant to which the issuance of the Shares to the Purchasers as transactions contemplated by this Agreement would trigger a “change of control” or other similar provision in any of the agreementsagreements or plans, which results would result in payments to the counterparty or the acceleration of vesting of benefits.
Appears in 1 contract
Sources: Securities Exchange Agreement (GBank Financial Holdings Inc.)
No Change in Control. Neither the Company nor any of its Subsidiaries Subsidiary is a party to any employment, Change in Control, severance, or other compensatory agreement or any benefit plan pursuant to which the issuance of the Shares to the Purchasers as contemplated by this Agreement would trigger a “change of control” or other similar provision in any of the agreements, which results in payments to the counterparty or the acceleration of vesting of benefits.
Appears in 1 contract
Sources: Stock Purchase Agreement (Southern States Bancshares, Inc.)
No Change in Control. Neither the Company nor any of its Subsidiaries is a party to any employment, Change in Control, severance, or other compensatory agreement or any benefit plan pursuant to which the issuance of the Shares to the Purchasers as contemplated by this Agreement and the issuance of the Common Stock to the Other Investors as contemplated by the Subscription Agreements would trigger a “change of control” or other similar provision in any of the agreements, which results in payments to the counterparty or the acceleration of vesting of benefits.
Appears in 1 contract
No Change in Control. Neither the Company nor any of its Subsidiaries is a party to any employment, Change in Control, severance, or other compensatory agreement or any benefit plan pursuant to which the issuance of the Shares to the Purchasers Purchaser as contemplated by this Agreement would trigger a “change of control” or other similar provision in any of the agreements, which results in payments to the counterparty or the acceleration of vesting of benefits.
Appears in 1 contract
Sources: Stock Purchase Agreement (Tri-County Financial Group, Inc.)