Common use of REQUIRED PROVISION Clause in Contracts

REQUIRED PROVISION. Notwithstanding anything herein contained to the contrary, any payments to Executive by the 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. § 1828(k), and the regulations promulgated thereunder in 12 C.F.R. Part 359.

Appears in 6 contracts

Sources: Change in Control Agreement (Pathfinder Bancorp, Inc.), Change in Control Agreement (Pathfinder Bancorp, Inc.), Change in Control Agreement (Northwest Bancshares, Inc.)

REQUIRED PROVISION. Notwithstanding anything herein contained to the contrary, any payments to Executive by the BankCompany, 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.

Appears in 2 contracts

Sources: Employment Agreement (Waterstone Financial, Inc.), Employment Agreement (Waterstone Financial, Inc.)

REQUIRED PROVISION. Notwithstanding anything herein contained to the contrary, any payments to the Executive by the 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. § 1828(k), and the regulations promulgated thereunder in 12 C.F.R. Part 359.

Appears in 2 contracts

Sources: Change in Control Agreement (Northwest Bancshares, Inc.), Change in Control Agreement (Northwest Bancshares, Inc.)

REQUIRED PROVISION. Notwithstanding anything herein contained to the contrary, any payments to the Executive by the Bank, whether pursuant to this Agreement or otherwise, are subject to and conditioned upon their compliance with Section 18(kl 8(k) of the Federal Deposit Insurance Act, 12 U.S.C. § 1828(kl 828(k), and the regulations promulgated thereunder in 12 C.F.R. Part 359.

Appears in 1 contract

Sources: Change in Control Agreement (Northwest Bancshares, Inc.)