Common use of Excluded Acts Clause in Contracts

Excluded Acts. To indemnify Indemnitee for any acts or omissions or transactions from which a director or officer may not be relieved of liability under Section 204 of the Code or for expenses, penalties, or other payments incurred in an administrative proceeding or action instituted by an appropriate bank regulatory agency which proceeding or action results in a final order assessing civil money penalties or requiring affirmative action by an individual or individuals in the form of payments to the Bank.

Appears in 3 contracts

Samples: Indemnification Agreement (Gateway Pacific Bancorp), Indemnification Agreement (1st Pacific Bancorp), Indemnification Agreement (Gateway Pacific Bancorp)

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Excluded Acts. To indemnify Indemnitee for any acts or omissions or transactions from which a director or officer may not be relieved of liability under Section 204 of the Code or for expenses, penalties, or other payments incurred in an administrative proceeding or action instituted by an appropriate bank or bank holding company regulatory agency which proceeding or action results in a final order assessing civil money penalties or requiring affirmative action by an individual or individuals in the form of payments to the BankCompany or any banking subsidiary of the Company.

Appears in 2 contracts

Samples: Indemnification Agreement (Gateway Pacific Bancorp), Indemnification Agreement (Gateway Pacific Bancorp)

Excluded Acts. To indemnify Indemnitee for any acts act or omissions omission or transactions transaction from which a director director, officer, employee or officer agent may not be relieved of liability under Section 204 of the Code or for expenses, penalties, or other payments incurred in an administrative proceeding or action instituted by an appropriate bank regulatory agency which proceeding or action results in a final order assessing civil money penalties or requiring affirmative action by an individual or individuals in the form of payments to the Bank.applicable law; or

Appears in 1 contract

Samples: Indemnification Agreement (Superior Industries International Inc)

Excluded Acts. To indemnify Indemnitee for any acts or omissions or transactions from which a director or officer may not be relieved of liability under Section 204 of applicable law (including, without limitation, the Code DGCL and the Federal or for expenses, penalties, or other payments incurred in an administrative proceeding or action instituted by an appropriate bank regulatory agency which proceeding or action results in a final order assessing civil money penalties or requiring affirmative action by an individual or individuals in the form of payments to the Bank.state banking laws); or

Appears in 1 contract

Samples: Indemnification Agreement (Centennial Bank Holdings, Inc.)

Excluded Acts. To indemnify Indemnitee for any acts or omissions or transactions from for which a director director, officer, employee or officer agent may not be relieved of liability under Section 204 of the Code applicable law (including, without limitation, any applicable federal or for expenses, penalties, state banking laws or other payments incurred in an administrative proceeding or action instituted by an appropriate bank regulatory agency which proceeding or action results in a final order assessing civil money penalties or requiring affirmative action by an individual or individuals in the form of payments to the Bank.regulations);

Appears in 1 contract

Samples: Indemnification Agreement (Bank of Commerce Holdings)

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Excluded Acts. To indemnify Indemnitee for any acts or omissions or transactions from for which a director director, officer, employee or officer agent may not be relieved of liability under Section 204 of the Code or for expenses, penalties, or other payments incurred in an administrative proceeding or action instituted by an appropriate bank regulatory agency which proceeding or action results in a final order assessing civil money penalties or requiring affirmative action by an individual or individuals in the form of payments to the Bank.applicable law;

Appears in 1 contract

Samples: Indemnification Agreement (Network 1 Technologies Inc)

Excluded Acts. To indemnify Indemnitee for any acts or omissions or transactions from which a an officer or director or officer may not be relieved of liability under Section 204 of the Code or for expenses, penaltiesliability, or other payments incurred in against which an administrative proceeding officer or action instituted by an appropriate bank regulatory agency which proceeding or action results in a final order assessing civil money penalties or requiring affirmative action by an individual or individuals in the form of payments to the Bankdirector may not be indemnified, under English law.

Appears in 1 contract

Samples: Indemnification Agreement (Micro Focus Group Public Limited Company)

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