Golden parachute payment definition

Golden parachute payment is used with same meaning as in Section 111(b)(2)(C) of EESA.

Golden parachute payment shall have the meaning set forth in Q&A 9 of the Interim Final Rule. • The term “Company” includes any entities treated as a single employer with the Company under Q&A 1 and Q&A 11 of the Interim Final Rule. • This letter is intended to, and shall be interpreted, administered and construed to comply with Section 111 of the Emergency Economic Stabilization Act of 2008 (the “EESA”) and the regulations and guidance promulgated thereunder (and, to the maximum extent consistent with the preceding, to permit operation of the Benefit Plans in accordance with their terms before giving effect to this letter).

Golden parachute payment is used with same meaning as in Section 111(b)(2)(C) of EESA as supplemented by 31 C.F.R. § 30.9 (as in effect on the Closing Date).

Examples of Golden parachute payment in a sentence

• This letter shall be interpreted as follows: • "Senior executive officer" means the Company's "senior executive officers" as defined in subsection 111(b)(3) of EESA Treasury Regulation, Title 31 CFR Part 30.9. • "Golden parachute payment" is used with the same meaning as in Section 111(b)(2)(C) of EESA.

• Golden parachute payment means, with respect to a regulated entity, the definition under 12 CFR part 1231 or other applicable FHFA regulations.

• Golden parachute payment The term "golden parachute payment" means any payment to a senior executive officer for departure from a company for any reason, except for payments for services performed or benefits accrued.

• Golden parachute payment The term “golden parachute payment” means any payment to a senior executive officer for departure from a company for any reason, except for payments for services performed or benefits accrued.

• Under the authority of the Federal Deposit Insurance Act, 12 U.S.C. 1828(k), FDIC Rule 12 C.F.R. § 359.1(f)(ii) provides that: Golden parachute payment.

More Definitions of Golden parachute payment

Golden parachute payment means any payment (or any agreement to make any payment) in the nature of compensation by any regulated entity for the benefit of any current entity-af- filiated party pursuant to an obligation of such regulated entity that—

Golden parachute payment means any payment upon departure from employment for any reason, except for payments for services performed or benefits accrued, pursuant to subsection 111(a)(2) of EESA.

Golden parachute payment is used with the same meaning as in subsection 111(b)(2)(C) of EESA.

Golden parachute payment is used with same meaning as in Section 111(b)(2)(C) of EESA. For purposes of this Section 7, “Bank” includes any entities treated as a single employer with the Bank under 31 C.F.R. Section 30.1(b) (as in effect on the Closing Date of the CPP purchase). The Bank shall determine any reductions in such a manner that to the extent possible, the provisions of Section 409A of the Code are not violated.

Golden parachute payment means a golden parachute payment within the meaning of Section 18(k) of the Federal Deposit Insurance Act and “Golden Parachute Limit” means the greatest amount of payments and benefits that could be made to the Executive without having any payment or benefit be a Golden Parachute Payment.

Golden parachute payment shall have the meaning set forth under Q&A 1 of the Interim Final Rule.

Golden parachute payment means a “golden parachute payment” as defined in the TARP Guidance.