REQUIRED PROVISION. In the event this Section 13 is in conflict with the other terms of this Agreement, this Section 13 shall prevail. Any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. §1828(k) and FDIC regulation 12 C.F.R. Part 359, Golden Parachute and Indemnification Payments.
Appears in 2 contracts
Sources: Change in Control Agreement (ECB Bancorp, Inc. /MD/), Change in Control Agreement (ECB Bancorp, Inc. /MD/)
REQUIRED PROVISION. In the event any of the provisions of this Section 13 is 12 are in conflict with the other terms of this Agreement, this Section 13 12 shall prevail. Any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. §1828(k) and FDIC regulation 12 C.F.R. Part 359, Golden Parachute and Indemnification Payments..
Appears in 1 contract
Sources: Change in Control Agreement (Gouverneur Bancorp, Inc./Md/)
REQUIRED PROVISION. In the event this Section 13 is in conflict with the other terms of this Agreement, this Section 13 shall prevailshallprevail. Any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. §1828(k) and FDIC regulation 12 C.F.R. Part 359, Golden Parachute and Indemnification Payments.
Appears in 1 contract
Sources: Change in Control Agreement (ECB Bancorp, Inc. /MD/)