Common use of FDIC Golden Parachute Limitations Clause in Contracts

FDIC Golden Parachute Limitations. Notwithstanding anything contained in this Agreement to the contrary, no payments shall be made pursuant to this Agreement or otherwise in contravention of the requirements of Section 2[18(k)] of the Federal Deposit Insurance Act (the “FDIA”) (12 U.S.C. 1828(k)) and Part 359 of the FDIC Rules and Regulations, 12 C.F.R. 359 (collectively, the “FDIC Golden Parachute Restrictions”).

Appears in 5 contracts

Samples: Employment Agreement (United Financial Bancorp, Inc.), Employment Agreement (United Financial Bancorp, Inc.), Employment Agreement (United Financial Bancorp, Inc.)

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