Suspension/Temporary Prohibition. If Employee is suspended and/or temporarily prohibited from participating in the conduct and affairs of the Bank as a result of a notice served under Section 8(e) or (g)(1) of the Federal Deposit Insurance Act (12 X.X.X. §0000 [e][3] and [g][1]) the Bank’s obligations under this Agreement shall be suspended as of the date of such service unless stayed by appropriate proceedings. If the charges and the notice are dismissed, the Bank may in its discretion:
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Samples: Employment Agreement (Alarion Financial Services Inc), Employment Agreement (Alarion Financial Services Inc)
Suspension/Temporary Prohibition. If Employee is suspended and/or temporarily prohibited from participating in the conduct and affairs of the Bank as a result of by a notice served under Section Sections 8(e) or (g)(1) of the Federal Deposit Insurance Act (12 X.X.X. U.S.C. §0000 [e][31818[e][3] and [g][1]) the BankEmployer’s obligations under this Agreement shall be suspended as of the date of such service unless stayed by appropriate proceedings. If the charges and the notice are dismissed, the Bank Employer may in its discretion:
Appears in 2 contracts
Samples: Employment Agreement (First Community Bank Corp of America), Employment Agreement (First Community Bank Corp of America)
Suspension/Temporary Prohibition. If the Employee is suspended and/or temporarily prohibited from participating in the conduct and affairs of the Bank as a result of Bank's affairs by a notice served under Section 8(e) or (g)(1) of the Federal Deposit Insurance Act (12 X.X.X. §0000 [e][3U.S.C. (S)1818[e][3] and [g][1]) the Bank’s 's obligations under this Agreement shall be suspended as of the date of such service unless stayed by appropriate proceedings. If the charges and the notice are dismissed, the Bank may in its discretion:
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Suspension/Temporary Prohibition. If the Employee is suspended and/or temporarily prohibited from participating in the conduct and affairs of the Bank as a result of Bank's affairs by a notice served under Section 8(e) or (g)(1g)(l) of the Federal Deposit Insurance Act (12 X.X.X. §0000 [e][3U.S.C. ss.1818[e][3] and [g][1g][l]) the Bank’s 's obligations under this Agreement shall be suspended as of the date of such service unless stayed by appropriate proceedings. If the charges and the notice are dismissed, the Bank may in its discretion:
Appears in 1 contract
Samples: Employment Agreement (Indian River Banking Company)
Suspension/Temporary Prohibition. If the Employee is suspended and/or temporarily prohibited from participating in the conduct and affairs of the Bank as a result of by a notice served under Section Sections 8(e) or (g)(1) of the Federal Deposit Insurance Act (12 X.X.X. U.S.C. §0000 [e][3] 1818(e)(3) and [g][1]) the Bank(g)(1)), Employer’s obligations under this Agreement shall be suspended as of the date of such service unless stayed by appropriate proceedings. If the charges and the notice are dismissed, the Bank Employer may in its discretion:
Appears in 1 contract
Suspension/Temporary Prohibition. If Employee is suspended and/or temporarily prohibited from participating in the conduct and affairs of the Bank as a result of a notice served under Section 8(e) or (g)(1) of the Federal Deposit Insurance Act (12 X.X.X. U.S.C. §0000 [e][31818[e][3] and [g][1]) the Bank’s obligations under this Agreement shall be suspended as of the date of such service unless stayed by appropriate proceedings. If the charges and the notice are dismissed, the Bank may in its discretion:
Appears in 1 contract
Samples: Employment Agreement (Alarion Financial Services Inc)
Suspension/Temporary Prohibition. If Employee the Executive is suspended and/or temporarily prohibited from participating in the conduct and affairs of the Bank as a result of by a notice served under Section Sections 8(e) or (g)(1) of the Federal Deposit Insurance Act (12 X.X.X. U.S.C. §0000 [e][31818[e][3] and [g][1]) the Bank’s obligations under this Agreement shall be suspended as of the date of such service service, unless stayed by appropriate proceedings. If the charges and the notice are dismissed, the Bank may in its discretion:
Appears in 1 contract
Suspension/Temporary Prohibition. If the Employee is suspended and/or temporarily prohibited from participating in the conduct and affairs of the Bank as a result of Bank's affairs by a notice served under Section 8(e) or (g)(1g)(l) of the Federal Deposit Insurance Act (12 X.X.X. §0000 [e][3] U.S.C. & 1818 (e)(3) and [g][1](g)(l) the Bank’s 's obligations under this Agreement shall be suspended as of the date of such service unless stayed by appropriate proceedings. If the charges and the notice are dismissed, the Bank may in its discretion:
Appears in 1 contract
Samples: Employment Agreement (Indian River Banking Company)
Suspension/Temporary Prohibition. If the Employee is suspended and/or temporarily prohibited from participating in the conduct and affairs of the Employer or the Bank as a result of by a notice served under Section Sections 8(e) or (g)(1) of the Federal Deposit Insurance Act (12 X.X.X. U.S.C. §0000 [e][31818[e][3] and [g][1]) the BankFTC’s obligations under this Agreement shall be suspended as of the date of such service unless stayed by appropriate proceedings. If the charges and the notice are dismissed, the Bank FTC may in its discretion:
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