Common use of Limitation on Termination or Disability Pay Clause in Contracts

Limitation on Termination or Disability Pay. Any payments made to the Executive pursuant to this Agreement or otherwise are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(k) and any regulations promulgated thereunder. Total compensation paid to the Executive upon termination shall not exceed the limitations set forth in OTS Regulatory Bulletin RB-27a, dated March 5, 1993. If any provision regarding termination contained herein conflicts with 12 C.F.R. Section 563.39(b), the latter shall prevail.

Appears in 8 contracts

Samples: Employment Agreement (FCB Financial Corp), Employment Agreement (FCB Financial Corp), Employment Agreement (FCB Financial Corp)

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Limitation on Termination or Disability Pay. Any payments made to the Executive pursuant to this Agreement or otherwise are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(kU.S.X.xx. 0028(k) and any regulations promulgated thereunder. Total compensation paid to the Executive upon termination shall not exceed the limitations set forth in OTS Regulatory Bulletin RB-27a, dated March 5, 1993. If any provision regarding termination contained herein conflicts with 12 C.F.R. Section 563.39(bss.563.39(b), the latter shall prevail.

Appears in 1 contract

Samples: Employment Agreement (Anchor Bancorp Wisconsin Inc)

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Limitation on Termination or Disability Pay. Any payments made to the Executive pursuant to this Agreement or otherwise are subject to and conditioned upon their compliance with 12 U.S.C. Section U.S.C.ss. 1828(k) and any regulations promulgated thereunder. Total compensation Totxx xxxxxnsation paid to the Executive upon termination shall not exceed the limitations set forth in OTS Regulatory Bulletin RB-27a, dated March 5, 1993. If any provision regarding termination contained herein conflicts with 12 C.F.R. Section 563.39(bss.563.39(b), the latter shall prevail.

Appears in 1 contract

Samples: Employment Agreement (FCB Financial Corp)

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