0000950133-05-003073 Sample Contracts

PAYMENT AGREEMENT IN THE EVENT OF A CHANGE OF CONTROL

Payment Agreement • July 15th, 2005 • W Holding Co Inc • State commercial banks • Puerto Rico

• Contract Type
  Payment Agreement
• Filed
  July 15th, 2005
• Company
  W Holding Co Inc
• Industry
  State commercial banks
• Jurisdiction
  Puerto Rico

This PAYMENT AGREEMENT IN THE EVENT OF A CHANGE OF CONTROL (the “Agreement”) is dated July 13, 2005, between W Holding Company, Inc. and Westernbank Puerto Rico (the “Company” and “Bank”) and Mr. José M. Biaggi (the “Employee”).