Golden Parachute Limitation. Anything in this Agreement to the contrary notwithstanding, the Company shall not be obligated to make any payment hereunder that would be prohibited as a “golden parachute payment” or “indemnification payment” under Section 18(k) of the Federal Deposit Insurance Act.
Appears in 14 contracts
Samples: Change in Control Agreement (Severn Bancorp Inc), Change in Control Agreement (United Security Bancshares), Change in Control Agreement (United Security Bancshares)
