Common use of Compliance with Capital Purchase Program Clause in Contracts

Compliance with Capital Purchase Program. Notwithstanding anything to the contrary herein, any payments to the Executive shall be limited to the extent required under the United States Treasury Capital Purchase Program and related regulations in the event that the Company participates in such Program. The Executive agrees to such amendments, agreements, or waivers that are required by the United States Treasury or requested by the Company to comply with the terms of such program.

Appears in 5 contracts

Samples: Employment Agreement (CommunitySouth Financial CORP), Employment Agreement (CommunitySouth Financial CORP), Employment Agreement (BankGreenville Financial CORP)

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