Regulatory Limitations. (a) In no event shall the Bank or the Company be obligated to make any payment pursuant to this Agreement that is prohibited by Section 18(k) of the Federal Deposit Insurance Act (codified at 12 U.S.C. § 1828(k)), 12 C.F.R. Part 359, or any other applicable law.
Appears in 6 contracts
Samples: Severance Agreement (Beneficial Bancorp Inc.), Severance Agreement (Beneficial Bancorp Inc.), Severance Agreement (Beneficial Bancorp Inc.)
Regulatory Limitations. (a) a. In no event shall the Bank or the Company be obligated to make any payment pursuant to this Agreement that is prohibited by Section 18(k) of the Federal Deposit Insurance Act (codified at 12 U.S.C. § 1828(k)), 12 C.F.R. Part 359, or any other applicable law.
Appears in 4 contracts
Samples: Employment Agreement (Beneficial Bancorp Inc.), Employment Agreement (Beneficial Bancorp Inc.), Employment Agreement (Beneficial Bancorp Inc.)
Regulatory Limitations. (a) In no event shall the Bank or the Company be obligated to make any payment pursuant to this Agreement that is prohibited by Section 18(k) of the Federal Deposit Insurance Act (codified at 12 U.S.C. § 1828(k)), 12 C.F.R. Part 359, or any other applicable law.
Appears in 4 contracts
Samples: Change in Control Agreement (Ottawa Bancorp Inc), Change in Control Agreement (Ottawa Bancorp Inc), Change in Control Agreement (Ottawa Bancorp Inc)
Regulatory Limitations. (a) In a)In no event shall the Bank or the Company be obligated to make any payment pursuant to this Agreement that is prohibited by Section 18(k) of the Federal Deposit Insurance Act (codified at 12 U.S.C. § 1828(k)), 12 C.F.R. Part 359, or any other applicable law.
Appears in 1 contract
Samples: Change in Control Agreement (Orange County Bancorp, Inc. /DE/)
Regulatory Limitations. (a) In no event shall the Bank or the Company Employer be obligated to make any payment pursuant to this Agreement that is prohibited by Section 18(k) of the Federal Deposit Insurance Act (codified at 12 U.S.C. § 1828(k)), 12 C.F.R. Part 359, or any other applicable law.
Appears in 1 contract
Samples: Change in Control Agreement (Princeton Bancorp, Inc.)
