0000950144-07-001639 Sample Contracts

PAYMENT AGREEMENT IN THE EVENT OF A CHANGE OF CONTROL

Payment Agreement • February 27th, 2007 • W Holding Co Inc • State commercial banks • Puerto Rico

• Contract Type
  Payment Agreement
• Filed
  February 27th, 2007
• 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”) to become effective on January 9, 2007, between W Holding Company, Inc. and Westernbank Puerto Rico (the “Company” and “Bank”) and Mr. Peter Lectora Soto (the “Employee”).