Common use of Amendments and Termination Clause in Contracts

Amendments and Termination. The Bank may amend or terminate this Agreement at any time if, pursuant to legislative, judicial, or regulatory action, continuation of the Agreement would (i) cause benefits to be taxable to the Executive prior to actual receipt, or (ii) result in significant financial penalties or other significantly detrimental ramifications to the Bank (other than the financial impact of paying the benefits).

Amendments and Termination. The 7.1 This Agreement may be amended or terminated only by a written agreement signed by the Bank and the Executive. 7.2 Notwithstanding Section 7.1, the Bank may amend or terminate this Agreement at any time if, pursuant to legislative, judicial, judicial or regulatory action, continuation of the Agreement would (i) cause benefits to be taxable to the Executive prior to actual receipt, or (ii) result in significant financial penalties or other significantly detrimental ramifications to the Bank (or the Holding Company, other than the financial impact of paying the benefits).

Amendments and Termination. The This Agreement may be amended or terminated only by a written agreement signed by the Bank and the Executive. Notwithstanding the preceding, the Bank may amend or terminate this Agreement at any time upon notice to the Executive if, pursuant to legislative, judicial, judicial or regulatory action, continuation of the this Agreement would without such amendment would: (i1) cause benefits to be taxable to the Executive prior to actual receipt, ; or (ii) result in significant financial penalties or other significantly detrimental ramifications to the Bank (other than the financial impact of paying the any provided benefits).

Amendments and Termination. The Bank may amend or terminate this Agreement at any time if, pursuant to legislative, judicial, judicial or regulatory action, continuation of the Agreement would (i) cause benefits to be taxable to the Executive Director prior to actual receipt, or (ii) result in significant financial penalties or other significantly detrimental ramifications to the Bank (other than the financial impact of paying the benefits). In no event shall this Agreement be terminated without payment to the Director of the Deferral Account balance attributable to the Director’s deferrals and interest credited on such amounts.

Amendments and Termination. The Bank may amend or terminate this Agreement at any time if, pursuant to legislative, judicial, judicial or regulatory action, continuation of the Agreement would (i) cause benefits to be taxable to the Executive Director prior to actual receipt, or (ii) result in significant financial penalties or other significantly detrimental ramifications to the Bank (other than the financial impact of paying the benefits). In no event shall this Agreement be terminated without payment to the Director of the Deferral Account balance attributable to the Director's deferrals and interest credited on such amounts.

Amendments and Termination. The Bank may amend or terminate this Agreement at any time if, pursuant to legislative, judicial, or regulatory action, continuation of the Agreement would (i) cause benefits to be taxable to the Executive Director prior to actual receipt, or (ii) result in significant financial penalties or other significantly detrimental ramifications to the Bank (other than the financial impact of paying the benefits). In addition, the Bank may modify Schedule A at its sole discretion.

Amendments and Termination. The Bank may amend or terminate this Agreement at any time if, pursuant to legislative, judicial, judicial or regulatory action, continuation of the Agreement would (i) cause benefits to be taxable to the Executive Director prior to actual receipt, or (ii) result in significant financial penalties or other significantly detrimental ramifications to the Bank (other than the financial impact of paying the benefits).. In the event of any such amendment or termination, the Director shall be one hundred percent (100%) vested in the benefit determined under Schedule A.

Amendments and Termination. The This Agreement may be amended or terminated only by a written agreement signed by the Bank and the Director. Notwithstanding the previous sentence in this Article 9, the Bank may amend or terminate this Agreement at any time if, pursuant to legislative, judicial, or regulatory action, continuation of the Agreement would (i) cause benefits to be taxable to the Executive Director prior to actual receipt, or (ii) result in significant financial penalties or other significantly detrimental ramifications to the Bank (other than the financial impact of paying the benefits).

Amendments and Termination. The This Agreement may be amended or terminated only by a written agreement signed by the Bank and the Executive. Notwithstanding the preceding, the Bank may amend or terminate this Agreement at any time if, pursuant to legislative, judicial, judicial or regulatory action, continuation of the this Agreement would would: (i) cause benefits to be taxable to the Executive prior to actual receipt, ; or (ii) result in significant financial penalties or other significantly detrimental ramifications to the Bank (other than the financial impact of paying the any provided benefits).

Amendments and Termination. The Bank may amend or terminate this Agreement at any time if, pursuant to legislative, judicial, judicial or regulatory action, continuation of the Agreement would (i) cause benefits to be taxable to the Executive Director prior to actual receipt, or (ii) result in significant financial penalties or other significantly detrimental ramifications to the Bank (other than the financial impact of paying the benefits).. In the event of any such amendment or termination, the Director shall be 100% vested in the benefit determined under Schedule A.

Amendments and Termination. The 7.1 This Agreement may be amended or terminated only by a written agreement signed by the Bank and the Executive. 7.2 Notwithstanding Section 7.1, the Bank may amend or terminate this Agreement at any time if, pursuant to legislative, judicial, judicial or regulatory action, continuation of the Agreement would (i) cause benefits to be taxable to the Executive prior to actual receipt, or (ii) ), result in significant financial penalties or other significantly detrimental ramifications to the Bank (or the Holding Company, other than the financial impact of paying the benefits).

Amendments and Termination. The Bank may amend or terminate this Agreement at any time if, pursuant to because of legislative, judicial, or regulatory action, continuation of the Agreement would (ia) cause benefits to be taxable to the Executive Employee prior to actual receipt, or (iib) result in significant financial penalties or other significantly detrimental ramifications to the Bank (other than the financial impact of paying the benefits).

Amendments and Termination. The This Agreement may be amended or terminated only by a written agreement signed by the Bank and the Executive. Notwithstanding the preceding, the Bank may amend or terminate this Agreement at any time upon notice to the Executive if, pursuant to legislative, judicial, judicial or regulatory action, continuation of the this Agreement would without such amendment would: (i1) cause benefits to be taxable to the Executive prior to actual receipt, ; or (ii) result in significant financial penalties or other significantly detrimental ramifications to the Bank (other than the financial impact of paying the any provided benefits).. Final Salary Continuation Agreement