0000950144-06-003792 Sample Contracts

PAYMENT AGREEMENT IN THE EVENT OF A CHANGE OF CONTROL

Payment Agreement • April 24th, 2006 • W Holding Co Inc • State commercial banks • Puerto Rico

• Contract Type
  Payment Agreement
• Filed
  April 24th, 2006
• 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 January 31, 2006 between W Holding Company, Inc. and Westernbank Puerto Rico (the “Company” and “Bank”) and Mr. Ricardo Cortina (the “Employee”).