Permanent Prohibition. If the Employee is removed and/or permanently prohibited from participating in the conduct of the Bank's affairs by an order issued under Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act (12 U.S.C. (S)1818[e][4] or [g][1]), all of the Bank's obligations under this Agreement shall terminate as of the effective date of the order, but the Employee's vested rights, if any shall not be affected.
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Permanent Prohibition. If the Employee is removed and/or permanently prohibited from participating in the conduct and affairs of the Bank's affairs Bank by an order issued under Section Sections 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act (12 U.S.C. §1818(e)(4) or (S)1818[e][4] or [g][1]g)(1)), all of the Bank's Employer’s obligations under this Agreement shall terminate as of the effective date of the order, but the Employee's ’s vested rights, if any shall not be affected.
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Permanent Prohibition. If the Employee is removed and/or permanently prohibited from participating in the conduct of the Bank's affairs by an order issued under Section 8(e)(4) or (g)(1g)(l) of the Federal Deposit Insurance Act (12 U.S.C. (S)1818[e][4ss.1818[e][4] or [g][1g][l]), all of the Bank's obligations under this Agreement shall terminate as of the effective date of the order, but the Employee's vested rights, if any shall not be affected.
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Samples: Employment Agreement (Indian River Banking Company)
Permanent Prohibition. If the Employee is removed and/or permanently prohibited from participating in the conduct and affairs of the Bank's affairs Bank by an order issued under Section Sections 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act (12 U.S.C. (S)1818[e][4§1818[e][4] or [g][1]), all of the Bank's FTC’s obligations under this Agreement shall terminate as of the effective date of the order, but the Employee's ’s vested rights, if any shall not be affected.
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