DEFAULT OF THE COMPANY. If the Company is in default (as defined in Section 3(x)(1) of the FDIA), all obligations under this Agreement shall terminate as of the date of default, but this provision shall not affect any vested rights of the contracting parties.
Appears in 8 contracts
Samples: Employment Agreement (Altabancorp), Employment Agreement (People's Utah Bancorp), Employment Agreement (People's Utah Bancorp)
