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. (2) The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s adherence to the provisions of this Agreement and shall meet at least monthly. (3) Within thirty (30) days of the date of this Agreement and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions taken to comply with each Article of this Agreement; and (c) The results and status of those actions. (4) The Board shall provide a summary report of the progress reached in attaining compliance with each Article of this Agreement to the Assistant Deputy Comptroller within fifteen (15) calendar days of each calendar quarter end.

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, all of which at least two shall be outside directors (2) must i.e., not be an employee employees of the Bank or any of its affiliates (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. (2) ADC. The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s 's adherence to the provisions of this Agreement and Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within thirty (30sixty(60) days of the date of this Agreement and quarterly every thirty (30) days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide forward a summary report copy of the progress reached in attaining compliance Compliance Committee's report, with each Article of this Agreement any additional comments by the Board, to the Assistant Deputy Comptroller ADC within fifteen ten (1510) calendar days of each calendar quarter endreceiving such report.

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 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. (2) . The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s 's adherence to the provisions of this Agreement and Agreement. (2) The Compliance Committee shall meet at least monthlyquarterly. (3) Within thirty forty five (3045) days of the date end of this Agreement and quarterly thereaftereach calendar quarter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action action(s) needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide forward a summary report copy of the progress reached in attaining compliance Compliance Committee's report, with each Article of this Agreement any additional comments by the Board, to the Assistant Deputy Comptroller within fifteen thirty (1530) calendar days of each calendar quarter endreceiving such report.

COMPLIANCE COMMITTEE. (1) Within fifteen ten (1510) days of this Agreementdays, the Board shall appoint establish a Compliance Committee of at least three five (35) directors directors, a majority of which at least two (2) must whom are not 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. (2) . The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s 's adherence to the provisions of this Agreement and Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within thirty (30) days of the date of this Agreement and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide forward a summary report copy of the progress reached in attaining compliance Compliance Committee’s report, with each Article of this Agreement any additional comments by the Board, to the Assistant Deputy Comptroller within fifteen ten (1510) calendar days of each calendar quarter endreceiving such report. (5) The Board shall ensure that the Bank has processes, personnel, and control systems to ensure implementation of and adherence to this Article.

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, all of which at least two shall be outside directors (2) must i.e., not be an employee employees of the Bank or any of its affiliates (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 member, shall be submitted in writing to the Assistant Deputy Comptroller. (2) ADC. The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s 's adherence to the provisions of this Agreement and Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within thirty sixty (3060) days of the date of this Agreement and quarterly every thirty (30) days thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide forward a summary report copy of the progress reached in attaining compliance Compliance Committee's report, with each Article of this Agreement any additional comments by the Board, to the Assistant Deputy Comptroller ADC within fifteen (15) calendar days of each calendar quarter endreceiving such report.

COMPLIANCE COMMITTEE. (1) Within fifteen ten (1510) days of this Agreementdays, the Board shall appoint a Compliance Committee of with 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. (2) . The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s adherence to the provisions of this Agreement and Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within thirty sixty (3060) days of after the date of this Agreement and quarterly after the end of each calendar quarter thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide forward a summary report copy of the progress reached in attaining compliance Compliance Committee’s report, with each Article of this Agreement any additional comments by the Board, to the Assistant Deputy Comptroller within fifteen ten (1510) calendar days of each calendar quarter endreceiving such report.

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. (2) The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s adherence to the provisions of this Agreement and shall meet at least monthly. (3) Within thirty (30) days By no later than October 31, 2008, and by the end of the date of this Agreement and quarterly every calendar month thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide a summary report of the progress reached in attaining compliance with each Article of this Agreement to the Assistant Deputy Comptroller within fifteen ten (1510) calendar days of the end of each calendar quarter endquarter.

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. (2) The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s adherence to the provisions of this Agreement and shall meet at least monthly. (3) Within thirty (30) days By no later than May 29, 2009, and by the end of the date of this Agreement and quarterly every calendar month thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide a summary report of the progress reached in attaining compliance with each Article of this Agreement to the Assistant Deputy Comptroller within fifteen ten (1510) calendar days of each calendar quarter end.

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, 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. (2) . The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s 's adherence to the provisions of this Agreement and Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within thirty (30) days of the date of this Agreement By July 31, 2009, and quarterly every quarter thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide forward a summary report copy of the progress reached in attaining compliance Compliance Committee's report, with each Article of this Agreement any additional comments by the Board, to the Assistant Deputy Comptroller within fifteen ten (1510) calendar days of each calendar quarter endreceiving such report.

COMPLIANCE COMMITTEE. (1) Within fifteen ten (1510) days of this Agreementdays, the Board shall appoint a Compliance Committee of with 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. (2) . The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s 's adherence to the provisions of this Agreement and Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within thirty sixty (3060) days of after the date of this Agreement and quarterly after the end of each calendar quarter thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide forward a summary report copy of the progress reached in attaining compliance Compliance Committee's report, with each Article of this Agreement any additional comments by the Board, to the Assistant Deputy Comptroller within fifteen ten (1510) calendar days of each calendar quarter endreceiving such report.

COMPLIANCE COMMITTEE. (1) Within fifteen thirty (1530) days of the date of this Agreement, the Board shall appoint a Compliance Committee of at least five (5) directors, of which no more than three (3) directors of which at least 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. (2) . The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s 's adherence to the provisions of this Agreement and Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within thirty (By September 30) days of the date of this Agreement , 2006 and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and, (c) The the results and status of those actions. (4) The Board shall provide forward a summary report copy of the progress reached in attaining compliance Compliance Committee's report, with each Article of this Agreement any additional comments by the Board, to the Assistant Deputy Comptroller within fifteen ten (1510) calendar days of each calendar quarter endreceiving such report.

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 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. (2) . The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s 's adherence to the provisions of this Agreement and Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within thirty sixty (3060) days of the date of this Agreement and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide forward a summary report copy of the progress reached in attaining compliance Compliance Committee's report, with each Article of this Agreement any additional comments by the Board, to the Assistant Deputy Comptroller within fifteen ten (1510) calendar days of each calendar quarter endreceiving such report.

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. (2) The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s adherence to the provisions of this Agreement and shall meet at least monthly. (3) Within thirty (30) days By no later than August 31, 2008, and by the end of the date of this Agreement and quarterly every calendar quarter thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide a summary report of the progress reached in attaining compliance with each Article of this Agreement to the Assistant Deputy Comptroller within fifteen ten (1510) calendar days of the end of each calendar quarter endquarter.

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 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. (2) . The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s adherence to the provisions of this Agreement and Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within thirty (Beginning September 30) days of the date of this Agreement , 2007 and quarterly after every calendar quarter thereafter, the Compliance Committee shall shall, within ten (10) days of the end of each quarter, submit a written progress report to the Board setting forth in detail: (a) A a description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide forward a summary report copy of the progress reached in attaining compliance Compliance Committee’s report, with each Article of this Agreement any additional comments by the Board, to the Assistant Deputy Comptroller within fifteen five (155) calendar days of each calendar quarter endreceiving such report.

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)(1371(c)(b)(1)), 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 member, shall be submitted in writing to the Assistant Deputy Comptroller. (2) . The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s adherence to the provisions of this Agreement and Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within thirty (30) days of the date of this Agreement days, and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide forward a summary report copy of the progress reached in attaining compliance Compliance Committee’s report, with each Article of this Agreement any additional comments by the Board, to the Assistant Deputy Comptroller within fifteen ten (1510) calendar days of each calendar quarter endreceiving such report. (5) The Board shall ensure that the Bank has processes, personnel, and control systems to ensure implementation of and adherence to the requirements of this Agreement.

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 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 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. (2) . The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s 's adherence to the provisions of this Agreement and Agreement. (2) The Compliance Committee shall meet at least monthly. (3) Within thirty (30) days of the date of this Agreement and quarterly thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action actions needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide forward a summary report copy of the progress reached in attaining compliance Compliance Committee's report, with each Article of this Agreement any additional comments by the Board, to the Assistant Deputy Comptroller within fifteen ten (1510) calendar days of each calendar quarter endreceiving such report.

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. (2) The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s adherence to the provisions of this Agreement and shall meet at least monthly. (3) Within thirty (By no later than September 30) days , 2008, and by the end of the date of this Agreement and quarterly every calendar quarter thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide a summary report of the progress reached in attaining compliance with each Article of this Agreement to the Assistant Deputy Comptroller within fifteen ten (1510) calendar days of the end of each calendar quarter endquarter.

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. (2) The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s adherence to the provisions of this Agreement and shall meet at least monthly. (3) Within thirty (30) days By no later than October 31, 2008, and by the end of the date of this Agreement and quarterly every calendar month thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide a summary report of the progress reached in attaining compliance with each Article of this Agreement to the Assistant Deputy Comptroller within fifteen ten (1510) calendar days of each calendar quarter end.

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. (2) The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s adherence to the provisions of this Agreement and shall meet at least monthly. (3) Within thirty (By no later than September 30) days , 2008, and by the end of the date of this Agreement and quarterly every calendar month thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide a summary report of the progress reached in attaining compliance with each Article of this Agreement to the Assistant Deputy Comptroller within fifteen ten (1510) calendar days of the end of each calendar quarter endquarter.

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. (2) The Compliance Committee shall be responsible for monitoring and coordinating the Bank’s adherence to the provisions of this Agreement and shall meet at least monthly. (3) Within thirty (30) days By no later than June 5, 2009, and by the end of the date of this Agreement and quarterly every calendar month thereafter, the Compliance Committee shall submit a written progress report to the Board setting forth in detail: (a) A a description of the action needed to achieve full compliance with each Article of this Agreement; (b) Actions actions taken to comply with each Article of this Agreement; and (c) The the results and status of those actions. (4) The Board shall provide a summary report of the progress reached in attaining compliance with each Article of this Agreement to the Assistant Deputy Comptroller within fifteen ten (1510) calendar days of each calendar quarter end.