Compliance with the Agreement. Within 10 days of this Agreement, the board of directors of the Bank shall appoint a committee (the “Compliance Committee”) to monitor and coordinate the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall include a majority of outside directors who are not executive officers or principal shareholders of the Bank, as defined in Sections 215.2(e)(1) and 215.2 (m)(1) of Regulation O of the Board of Governors (12 C.F.R. §§ 215.2(e)(1) and 215.2(m)(1). At a minimum, the Compliance Committee shall meet at least monthly, keep detailed minutes of each meeting, and report its findings to the board of directors of the Bank.
Compliance with the Agreement. No payments or benefits payable to the Executive upon the termination of his employment pursuant to Sections 6 or 7 shall be made to the Executive if he fails to comply with all of the terms and conditions of this Agreement, including, without limitation, Sections 11 and 12.
Compliance with the Agreement. Within 30 days after the end of each calendar quarter following the date of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank and DIFS written progress reports detailing the form and manner of all actions taken to secure compliance with this Agreement and the results thereof.
Compliance with the Agreement. Within 10 days of this Agreement, the boards of directors of Bancorp and the Bank shall appoint a joint committee (the “Compliance Committee”) to monitor and coordinate Bancorp’s and the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall include a majority of outside directors who are not executive officers or principal shareholders of Bancorp and the Bank, as defined in sections 215.2(e)(1) and 215.2(m)(1) of Regulation O of the Board of Governors (12 C.F.R. §§ 215.2(e)(1) and 215.2(m)(1)). At a minimum, the Compliance Committee shall meet at least monthly, keep detailed minutes of each meeting, and report its findings to the boards of directors of Bancorp and the Bank.
Compliance with the Agreement. Within 10 days of this Agreement, the board of directors shall appoint a committee (the “Compliance Committee”) to monitor and coordinate the Bank’s compliance with the provisions of this Agreement. The Compliance Committee shall include a majority of outside directors who are not executive officers or principal shareholders of the Bank as defined in Sections 215.2(e)(1) and 215.2(m)(1) of Regulation O of the Board of Governors (12 C.F.R. §§ 215.2(e)(1) and 215.2(m)(1)) and Section 655.005(1)(f), Florida Statutes. The Compliance Committee shall meet at least monthly, keep detailed written minutes of each meeting, and report its findings to the board of directors.
Compliance with the Agreement. As of the date of this Amendment, Strategic is in compliance with all of the terms and provisions set forth in the Agreement and the other Loan Papers to be observed or performed by Strategic.
Compliance with the Agreement. (a) The Participant’s rights under this Data Developer Module are subject to Participant’s compliance with the terms of:
(i) this Data Developer Module;
(ii) any other applicable Module; and
(iii) the Data Republic Software Agreement, and any applicable Term Sheets and Approved Data Licences.
Compliance with the Agreement. Seller shall have performed and ----------------------------- complied with all agreements and conditions required by this Agreement to be performed or complied with by it prior to or at the Closing Date.
Compliance with the Agreement. Payments or benefits payable to the Executive upon the termination of his employment pursuant to Sections 6 or 7 of this Agreement shall be made by the Company to the Executive in reliance upon the Executive’s compliance with any material, post-employment obligation contained in this Agreement, including, without limitation, those obligations contained in Sections 10 and 11 of this Agreement.
Compliance with the Agreement. The Company shall not be required to transfer any Shares upon its books or to recognize any purported new transferee thereof in any manner, unless every applicable provision of the Agreement has first been complied with to the satisfaction of the Company or has been waived in writing by the Company. The provisions of the Agreement shall not be discharged with respect to any Shares by any transfer made in compliance with the Agreement but shall apply anew to such shares in the hands of the new transferee thereof. If the Purchaser or any legal representative or any transferee attempts to transfer any of the Shares without compliance with the requirements and restrictions of the Agreement, the Purchaser shall not, until full compliance therewith, be entitled to any of the rights and privileges of a shareholder of the Company, and no person purporting to claim or hold by, through or under him shall in any way be recognized; but this provision shall in no way relieve the Purchaser or any legal representative or any transferee from the obligation to offer, transfer or sell the Shares to the Company as herein provided.
