Termination or Suspension Under Federal Law. (a) Any payments made to the Employee pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(k) and any regulations promulgated thereunder.
Appears in 25 contracts
Samples: Change in Control Severance Agreement (Norwood Financial Corp), Change in Control Severance Agreement (Norwood Financial Corp), Change in Control Severance Agreement (Norwood Financial Corp)
Termination or Suspension Under Federal Law. (a) Any payments made to the Employee pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(k) and any regulations promulgated thereunder.
Appears in 8 contracts
Samples: Employment Agreement (HCB Bancshares Inc), Employment Agreement (HCB Bancshares Inc), Employment Agreement (HCB Bancshares Inc)
Termination or Suspension Under Federal Law. (a) Any payments made to the Employee pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(k) and any regulations promulgated thereunder.
Appears in 3 contracts
Samples: Executive Severance Agreement (Coastal Bancorp Inc), Executive Severance Agreement (Coastal Bancorp Inc), Control Severance Agreement (Coastal Bancorp Inc)
Termination or Suspension Under Federal Law. (a) Any payments made to the Employee pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(k) and any regulations promulgated thereunderFDIC Regulation 12 C.F.R. Part 359, Golden Parachute and Indemnification Payouts.
Appears in 3 contracts
Samples: Control Protective Agreement (First South Bancorp Inc /Va/), Change in Control Protective Agreement (First South Bancorp Inc /Va/), Control Protective Agreement (First South Bancorp Inc /Va/)
Termination or Suspension Under Federal Law. (a) Any payments made to the Employee pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with both 12 U.S.C. Section 1828(k) and any regulations promulgated thereunder, and Regulatory Bulletin 27A, but only to the extent required thereunder on the date any payment is required pursuant to this Agreement.
Appears in 2 contracts
Samples: Agreement (CFS Bancshares Inc), Agreement (CFS Bancshares Inc)
Termination or Suspension Under Federal Law. (a) Any payments made to the Employee pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(kSec.1828(k) and any regulations promulgated thereunder.
Appears in 1 contract
Samples: Executive Severance Agreement (Coastal Bancorp Inc)
Termination or Suspension Under Federal Law. (a) Any payments made to the Employee pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(k) and any regulations the Federal Deposit Insurance Corporation Regulations at 12 C.F.R. Part 359, Golden Parachute and Indemnification Payments promulgated thereunder.
Appears in 1 contract
Samples: Change in Control Severance Agreement (Norwood Financial Corp)
Termination or Suspension Under Federal Law. (a) Any payments made to the Employee pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(k) and any regulations promulgated thereunderthereunder and shall not exceed applicable limits under Office of Thrift Supervision Regulatory Bulletin 27a.
Appears in 1 contract
Termination or Suspension Under Federal Law. (a) Any payments made to the Employee pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with both 12 ---- U.S.C. Section 1828(k) and any regulations promulgated thereunder, and --- Regulatory Bulletin 27A, but only to the extent required thereunder on the date any payment is required pursuant to this Agreement.
Appears in 1 contract
Samples: Agreement (High Country Bancorp Inc)
