Common use of COMPLIANCE COMMITTEE Clause in Contracts

COMPLIANCE COMMITTEE. (1) Within fifteen (15) days of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors of which at least two (2) must not be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 4 contracts

Samples: occ.gov, www.occ.gov, www.occ.gov

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COMPLIANCE COMMITTEE. (1) Within fifteen thirty (1530) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors of which at least two (2) must not be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 4 contracts

Samples: Agreement by And, occ.gov, www.occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen thirty (1530) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors of which at least two (2) must not be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such persondirectors. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.

Appears in 3 contracts

Samples: www.occ.gov, www.occ.gov, www.occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen five (155) days of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors directors, of which at least two no more than one (21) must not shall be an employee employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 3 contracts

Samples: Agreement by And, Agreement by And, www.occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen thirty (1530) days of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors of which at least two (2) must not be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 2 contracts

Samples: occ.gov, www.occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen five (155) days of this Agreement, the Board shall appoint a Compliance Committee of at least three four (34) directors members and, of which at least two no more than one (21) must not shall be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 2 contracts

Samples: Agreement, www.occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen ten (1510) days of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors directors, a majority of which at least two (2) must may not be an employee employees or controlling shareholders of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 2 contracts

Samples: Agreement by and Between, occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen five (155) days of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors of which at least two (2) must not be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 2 contracts

Samples: Agreement by and Between, occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen thirty (1530) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three five (35) directors directors, of which at least two no more than one (21) must not shall be an employee or controlling shareholder of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.Deputy

Appears in 1 contract

Samples: occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen five (155) days of this Agreement, the Board shall appoint a Compliance Committee consisting of at least three (3) directors directors, the majority of which at least two (2) must shall not be an employee employees or controlling shareholders of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: Agreement

COMPLIANCE COMMITTEE. (1) Within fifteen (15) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors of which at least two (2) must not be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such persondirectors. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.

Appears in 1 contract

Samples: www.occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen ten (1510) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors directors, of which at least two no more than one (21) must not shall be an employee or controlling shareholder of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), 371c(b)(l) or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee Committee, and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.Deputy

Appears in 1 contract

Samples: Agreement by And

COMPLIANCE COMMITTEE. (1) Within fifteen five (155) days of this AgreementJanuary 27, 2010, the Board shall appoint a Compliance Committee of at least three four (34) directors of which at least two three (23) must not be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: Agreement by and Between

COMPLIANCE COMMITTEE. (1) Within fifteen thirty (1530) days of this Agreementdays, the Board shall appoint a Compliance Committee of at least three (3) directors directors, none of which at least two (2) must not whom shall be an employee employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon Prior to their appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy ComptrollerComptroller for review and prior written determination of no supervisory objection.

Appears in 1 contract

Samples: www.occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen five (155) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors members and, of which at least no more than two (2) must not shall be an employee employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: Agreement by And

COMPLIANCE COMMITTEE. (1) Within fifteen thirty (1530) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors directors, of which at least two no more than one (21) must not shall be an employee or controlling shareholder of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.Deputy

Appears in 1 contract

Samples: www.occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen five (155) days of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors of which at least two (2) must not be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such persondirectors. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member member, shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: www.occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen thirty (1530) days of this Agreementdays, the Board shall appoint a Compliance Committee of at least three (3) directors directors, of which at least two (2) must not none shall be an employee employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s adherence to the provisions of this Agreement.

Appears in 1 contract

Samples: occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen thirty (1530) days of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors of which at least two one (21) must not be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: Agreement by And

COMPLIANCE COMMITTEE. (1) Within fifteen five (155) days of this Agreement, the Board shall appoint a Compliance Committee consisting of at least three four (34) directors directors, the majority of which at least two (2) must shall not be an employee employees or controlling shareholders of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: Agreement

COMPLIANCE COMMITTEE. (1) Within fifteen ten (1510) days of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors members and, of which at least two (2) must shall not be an employee employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: www.occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen five (155) days of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors of which at least two one (21) must not be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: Agreement by And

COMPLIANCE COMMITTEE. (1) Within fifteen ten (1510) days of this Agreementdays, the Board shall appoint a Compliance Committee of at least three (3) directors directors, of which at least two (2) must not none shall be an employee employees of the Bank or any of its affiliates (as the term "affiliate" is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.

Appears in 1 contract

Samples: Agreement by And

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COMPLIANCE COMMITTEE. (1) Within fifteen thirty (1530) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors directors, of which at least two no more than one (21) must not shall be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.

Appears in 1 contract

Samples: www.occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen five (155) days of this Agreement, the Board shall appoint a Compliance Committee of at least three four (34) directors of which at least two three (23) must not be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: www.occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen (15) days of this Agreement, the The Board shall appoint continue to maintain a Compliance Committee of at least three (3) directors of which at least two one (21) must not be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in In the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: Agreement by And

COMPLIANCE COMMITTEE. (1) Within fifteen five (155) days of this Agreementdays, the Board shall appoint a Compliance Committee of at least three (3) directors members, of which at least two no more than one (21) must not shall be an employee employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: www.occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen thirty (1530) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors of which at least two (2) must not be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such persondirectors. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s adherence to the provisions of this Agreement.

Appears in 1 contract

Samples: Agreement by And (PSB Holdings, Inc.)

COMPLIANCE COMMITTEE. (1) Within fifteen (15) days of this Agreementdays, the Board shall appoint a Compliance Committee of at least three (3) directors directors, of which at least two no more than one (21) must not shall be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: www.occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen five (155) days of this Agreement, the Board shall appoint a Compliance Committee consisting of at least three five (35) directors directors, the majority of which at least two (2) must shall not be an employee employees or controlling shareholders of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: Agreement

COMPLIANCE COMMITTEE. (1) Within fifteen (15) days of this Agreementdays, the Board shall appoint a Compliance Committee of at least three (3) directors directors, of which at least two whom no more than one (21) must not shall be an employee of the Bank or any of its affiliates an affiliate (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the The names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s adherence to the provisions of this Agreement.

Appears in 1 contract

Samples: Agreement by and Between

COMPLIANCE COMMITTEE. (1) Within fifteen (15) days of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors of which at least two (2) must not be an employee comprised of the Bank or any of its affiliates (as President, Compliance Officer and no more than one other individual from the term “affiliate” is defined lending group in 12 U.S.C. § 371c(b)(1)), or a family member of any such personthe Bank. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy ComptrollerComptroller for a written determination of no supervisory objection. The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s adherence to the provisions of this Agreement.

Appears in 1 contract

Samples: Agreement by And

COMPLIANCE COMMITTEE. (1) Within fifteen five (155) days of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors of which at least two (2) must shall not be an employee employees of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: www.occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen thirty (1530) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors directors, of which at least two no more than one (21) must not shall be an employee or controlling shareholder of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, The Board shall remain responsible for the names Bank’s adherence to the provisions of the members of the Compliance Committee and, in this Agreement. In the event of a change of in the membership, the name of any new member shall be submitted in writing to the Assistant Deputy ComptrollerComptroller (“ADC”).

Appears in 1 contract

Samples: www.occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen thirty (1530) days of this Agreement, the Board shall appoint a Compliance Committee of at least three (3) directors of which at least two one (21) must not be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: Agreement by And

COMPLIANCE COMMITTEE. (1) Within fifteen (By April 15) days of this Agreement, 2008, the Board shall appoint a Compliance Committee of at least three (3) directors of which at least two (2) must not be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such persondirectors. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.

Appears in 1 contract

Samples: Agreement by And

COMPLIANCE COMMITTEE. (1) Within fifteen (15) days of the date of this Agreement, the Board shall appoint a Compliance Committee comprised of at least three (3) directors of which at least two (2) must not be an employee of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such persondirectors. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member member, shall be submitted in writing to the Assistant Deputy Comptroller. The Compliance Committee shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of this Agreement.

Appears in 1 contract

Samples: www.occ.gov

COMPLIANCE COMMITTEE. (1) Within fifteen (15) days of the date of this Agreement, the Board shall appoint a Compliance Committee that shall be responsible for monitoring and coordinating the Bank's adherence to the provisions of at least three (3) this Agreement. A majority of the directors of which at least two (2) must appointed to the Compliance Committee shall be outside directors who are not be an employee employees or controlling shareholders of the Bank or any of its affiliates (as the term “affiliate” is defined in 12 U.S.C. § 371c(b)(1)), or a family member of any such person. Upon appointment, the names of the members of the Compliance Committee and, in the event of a change of the membership, the name of any new member shall be submitted in writing to the Assistant Deputy Comptroller.

Appears in 1 contract

Samples: www.occ.gov

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