Common use of Illegality; Severability Clause in Contracts

Illegality; Severability. (a) Anything in this Agreement to the contrary notwithstanding, this Agreement is not intended and shall not be construed to require any payment to Executive which would violate any federal or state statute or regulation, including without limitation the "golden parachute payment regulations" of the Federal Deposit Insurance Corporation codified to Part 359 of title 12, Code of Federal Regulations.

Appears in 34 contracts

Samples: Employment Agreement (NBT Bancorp Inc), Employment Agreement (NBT Bancorp Inc), Employment Agreement (NBT Bancorp Inc)

AutoNDA by SimpleDocs

Illegality; Severability. (a) Anything Notwithstanding anything in this Agreement to the contrary notwithstandingcontrary, this Agreement is not intended and shall not be construed to require any payment to Executive which would violate any federal or state statute or regulation, including without limitation the "golden parachute payment regulations" of the Federal Deposit Insurance Corporation codified to Part 359 of title 12, Code of Federal Regulations.

Appears in 18 contracts

Samples: Employment Agreement (NBT Bancorp Inc), Employment Agreement (NBT Bancorp Inc), Employment Agreement (NBT Bancorp Inc)

Illegality; Severability. (a) Anything in this Agreement to the contrary notwithstanding, this Agreement is not intended and shall not be construed to require any payment to Executive which would violate any federal or state statute or regulation, including without limitation the "golden parachute payment regulations" of the Federal Deposit Insurance Corporation codified to Part 359 of title 12, Code of Federal Regulations.

Appears in 7 contracts

Samples: Employment Agreement (Alliance Financial Corp /Ny/), Employment Agreement (NBT Bancorp Inc), Employment Agreement (NBT Bancorp Inc)

AutoNDA by SimpleDocs

Illegality; Severability. (a) Anything Notwithstanding anything in this Agreement to the contrary notwithstandingcontrary, this Agreement is not intended and shall not be construed to require any payment to Executive which would violate any federal or state statute or regulation, including without limitation the "golden parachute payment regulations" of the Federal Deposit Insurance Corporation codified to Part 359 of title 12, Code of Federal Regulations.

Appears in 3 contracts

Samples: Employment Agreement (NBT Bancorp Inc), Employment Agreement (NBT Bancorp Inc), Employment Agreement (NBT Bancorp Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.