Common use of Compliance with the Agreement Clause in Contracts

Compliance with the Agreement. 18. (a) Within 10 days of this Agreement, the board of directors shall appoint a compliance committee (the “Compliance Committee”) to monitor and coordinate the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall include at least three outside directors who are not executive officers or principal shareholders of the Bank, as defined in sections 215.2(e)(1) and 215.2(m)(1) of Regulation O of the Board of Governors

Compliance with the Agreement. 1819. (a) Within 10 15 days of this Agreement, the board boards of directors of Bankshares and the Bank shall appoint a joint compliance committee (the “Compliance Committee”) to monitor and coordinate Bankshares’ and the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall include at least three a majority of outside directors who are not executive officers or principal shareholders of Bankshares and the Bank, as defined in [Page Break] sections 215.2(e)(1) and 215.2(m)(1) of Regulation O of the Board of Governors

Compliance with the Agreement. 1816. (a) Within 10 days of this Agreement, the board of directors of the Bank shall appoint a compliance joint committee (the “Compliance Committee”) to monitor and coordinate the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall include at least three a majority of outside directors who are not executive officers or principal shareholders of the Bank, as defined in sections Sections 215.2(e)(1) and 215.2(m)(1) of Regulation O of the Board of Governors

Compliance with the Agreement. 1814. (a) Within 10 days of this Agreement, the Bank’s board of directors shall appoint a compliance committee (the “Compliance Committee”) to monitor and coordinate the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall include at least three a majority of outside directors who are not executive officers or principal shareholders of the Bank, as defined in sections 215.2(e)(1) and 215.2(m)(1) of Regulation O of the Board of GovernorsGovernors (12 C.F.R. §§ least monthly, keep detailed minutes of each meeting, and report its findings to the board of directors of the Bank.

Compliance with the Agreement. 1816. (a) Within 10 days of this Agreement, the board boards of directors of Bancorp and the Bank shall appoint a compliance joint committee (the “Compliance Committee”) to monitor and coordinate Bancorp’s and the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall include at least three outside directors who are not executive officers or principal shareholders of Bancorp or the Bank, as defined in sections section 215.2 (e)(1) and section 215.2(m)(1) (12 C.F.R. §§ 215.2(e)(1) and 215.2(m)(1)) of Regulation O of the Board of Governors’