Golden Parachute Payments. Bank shall have no obligation to make any Severance Payment or other payment that is prohibited by section 359 of Title 12 of the Code of Federal Regulations (12 C.F.R. § 359 (2011)).
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Samples: Executive Employment Agreement, Executive Employment Agreement (Luther Burbank Corp), Executive Employment Agreement (Luther Burbank Corp)
Golden Parachute Payments. Bank shall have no obligation to make any Severance Payment or other payment that is prohibited by or subject to approval under section 359 of Title 12 of the Code of Federal Regulations (12 C.F.R. § 359 (2011)).
Appears in 1 contract
Samples: Executive Employment Agreement (Luther Burbank Corp)
Golden Parachute Payments. Bank shall have no obligation to make any Severance Payment or other payment that is prohibited by or subject to approval under section 359 of Title 12 of the Code of Federal Regulations (Regulations. 12 C.F.R. § 359 (2011)).
Appears in 1 contract
