Common use of Right to Setoff Clause in Contracts

Right to Setoff. The Bank may, to the extent permitted by applicable law, deduct from and setoff against any amounts payable by the Bank to Executive under this Agreement or otherwise such amounts as may be owed by Executive to the Bank, although the Executive shall remain liable for any part of Executive’s payment obligation not satisfied through such deduction and setoff. By signing this Agreement, Executive agrees to any deduction or setoff under this Section 15, to the maximum extent permitted by law.

Right to Setoff. The Bank may, to the extent permitted by applicable law, deduct from and setoff against any amounts payable by the Bank to an Executive under from this Agreement or otherwise such amounts as may be owed by a Executive to the Bank, although the Executive shall remain liable for any part of the Executive’s payment obligation not satisfied through such deduction and setoff. By signing this participating in the Agreement, the Executive agrees to any deduction or setoff under this Section 1510.14, to the maximum extent permitted which is allowed by law.

Right to Setoff. The Bank may, to the extent permitted by applicable law, deduct from and setoff against any amounts payable by the Bank to an Executive under from this Agreement or otherwise such amounts as may be owed by an Executive to the Bank, although the Executive shall remain liable for any part of the Executive’s payment obligation not satisfied through such deduction and setoff. By signing this participating in the Agreement, the Executive agrees to any deduction or setoff under this Section 1510.14, to the maximum extent permitted which is allowed by law.

Right to Setoff. The Bank may, to the extent permitted by applicable law, deduct from and setoff against any amounts payable by the Bank to an Executive under from this Agreement or otherwise such amounts as may be owed by a Executive to the Bank, although the Executive shall remain liable for any part of the Executive’s payment obligation not satisfied through such deduction and setoff. By signing this participating in the Agreement, the Executive agrees to any deduction or setoff under this Section 1510.14, to the maximum extent permitted which is allowed by law.. PLUMAS BANK SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT

Right to Setoff. The Bank may, to the extent permitted by Treasury Regulation Section 1.409A-3(j)(4)(iii) and other applicable law, deduct from and setoff against any amounts payable by the Bank to Executive under from this Agreement or otherwise such amounts as may be owed by Executive to the Bank, although the Executive shall remain liable for any part of the Executive’s payment obligation not satisfied through such deduction and setoff. By signing this participating in the Agreement, Executive agrees to any deduction or setoff under this Section 1510.14, to the maximum extent permitted which is allowed by law.

Right to Setoff. The Bank may, to the extent permitted by applicable law, deduct from and setoff against any amounts payable by the Bank to an Executive under from this Agreement or otherwise such amounts as may be owed by Executive to the Bank, although the Executive shall remain liable for any part of the Executive’s payment obligation not satisfied through such deduction and setoff. By signing this participating in the Agreement, the Executive agrees to any deduction or setoff under this Section 1510.14, to the maximum extent permitted which is allowed by law.

Right to Setoff. The Bank may, to the extent permitted by applicable law, deduct from and setoff against any amounts payable by the Bank to Executive under this Agreement or otherwise such amounts as may be owed by Executive to the Bank, although the Executive shall remain liable for any part of Executive’s payment obligation not satisfied through such deduction and setoff. By signing this Agreement, Executive agrees to any deduction or setoff under this Section 1514, to the maximum extent permitted by law.