Regulatory Provisions. Notwithstanding anything herein contained to the contrary, any payments to the Executive by the Company are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. Section 1828(k), and the regulations promulgated thereunder in 12 C.F.R. Part 359.
Appears in 15 contracts
Samples: Control Agreement (Fidelity Bankshares Inc), Control Agreement (Fidelity Bankshares Inc), Employment Agreement (Fidelity Bankshares Inc)
Regulatory Provisions. Notwithstanding anything herein contained to the contrary, any payments to the Executive by the Company are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. Section 1828(k), and the regulations promulgated thereunder in 12 C.F.R. Part 359.
Appears in 2 contracts
Samples: Employment Agreement (First Federal Banc of the Southwest Inc), First Federal Banc of the Southwest Inc
Regulatory Provisions. 15.1 Notwithstanding anything herein contained to the contrary, any payments to the Executive by the Company Bank, whether pursuant to this Agreement or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. Section 1828(k), and the regulations promulgated thereunder in 12 C.F.R. Part 359.
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