Amendment with consent. This Agreement may be amended by written agreement between the Bank and the Executive; provided, however, that no such amendment shall reduce a benefit to which the Executive is entitled, nor shall any amendment delay or accelerate the payment of a benefit provided under this Agreement except in accordance with requirements under Code section 409A and the regulations and guidance issued thereunder.
Appears in 3 contracts
Samples: Salary Continuation Agreement (CU Bancorp), Salary Continuation Agreement (CU Bancorp), Salary Continuation Agreement (Washington Banking Co)
Amendment with consent. This Agreement may be amended by written agreement between the Bank and the Executive; provided, however, that no such amendment shall reduce a benefit cause any amount otherwise payable hereunder to which be accelerated in violation of the Executive is entitled, nor shall any amendment delay or accelerate the payment requirements of a benefit provided under this Agreement except in accordance with requirements under Code section 409A and the rules and regulations and guidance issued adopted thereunder.
Appears in 1 contract
Samples: Executive Deferred Compensation Agreement (PSB Holdings Inc /Wi/)
Amendment with consent. This Agreement may be amended by written agreement between the Bank Holding Company and the Executive; provided, however, that no such amendment shall reduce a benefit to which the Executive is entitled, nor shall any amendment delay or accelerate the payment of a benefit provided under this Agreement except in accordance with requirements under Code section 409A and the regulations and guidance issued thereunder.
Appears in 1 contract
Samples: Salary Continuation Agreement (Washington Banking Co)
