Common use of Regulatory Considerations Clause in Contracts

Regulatory Considerations. Notwithstanding anything herein to the contrary, any payments to Executive by the Bank, whether pursuant to this Agreement or otherwise, are subject to and conditioned on compliance with Section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. ‘ 1828(k) and any regulations promulgated thereunder. Executive acknowledges that, as a result of recent corporate responsibility laws enacted, including the Xxxxxxxx-Xxxxx Act, employment contracts with executives of publicly traded companies may have to be modified to bring their agreement into conformity with the law and the Executive agrees to cooperate in all reasonable respects and consistent with other high level executives.

Regulatory Considerations. Notwithstanding anything herein to the contrary, any payments to Executive by the Bank, whether pursuant to this Agreement or otherwise, are subject to and conditioned on compliance with Section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. ‘ ss. 1828(k) and any regulations promulgated thereunder. Executive acknowledges that, as a result of recent corporate responsibility laws enacted, including the Xxxxxxxx-Xxxxx Act, employment contracts with executives of publicly traded companies may have to be modified to bring their agreement into conformity with the law and the Executive agrees to cooperate in all reasonable respects and consistent with other high level executives.

Regulatory Considerations. Notwithstanding anything herein to the contrary, any payments to Executive by the BankBankUnited, whether pursuant to this Agreement or otherwise, are subject to and conditioned on compliance with Section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. ‘ § 1828(k) and any regulations promulgated thereunder. Executive acknowledges that, as a result of recent corporate responsibility laws enacted, including the Xxxxxxxx-Xxxxx Act, employment contracts with executives of publicly traded companies may have to be modified to bring their agreement into conformity with the law and the Executive agrees to cooperate in all reasonable respects and consistent with other high level executives.

Regulatory Considerations. Notwithstanding anything herein to the contrary, any payments to Executive by the BankBankUnited, whether pursuant to this Agreement or otherwise, are subject to and conditioned on compliance with Section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. ‘ ss. 1828(k) and any regulations promulgated thereunder. Executive acknowledges that, as a result of recent corporate responsibility laws enacted, including the Xxxxxxxx-Xxxxx Act, employment contracts with executives of publicly traded companies may have to be modified to bring their agreement into conformity with the law and the Executive agrees to cooperate in all reasonable respects and consistent with other high level executives.