No Golden Parachute Payments. The Company is prohibiting any golden parachute payment to you during any “CPP Covered Period”. A “CPP Covered Period” is any period during which (A) you are a senior executive officer and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 34 contracts
Samples: Letter Agreement, Securities Purchase Agreement (Premier Financial Bancorp Inc), Securities Purchase Agreement (Premier Financial Bancorp Inc)
No Golden Parachute Payments. The Company is prohibiting any golden parachute payment to you during any “CPP Covered Period”. .” A “CPP Covered Period” is any period during which (A) you are a senior executive officer and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 15 contracts
Samples: Securities Purchase Agreement (Berkshire Hills Bancorp Inc), Securities Purchase Agreement (Bancorp Rhode Island Inc), Participation Agreement (MidWestOne Financial Group, Inc.)
No Golden Parachute Payments. The Company is prohibiting any golden parachute payment to you during any “"CPP Covered Period”. ." A “"CPP Covered Period” " is any period during which (A) you are a senior executive officer and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 6 contracts
Samples: Securities Purchase Agreement (Monadnock Bancorp Inc), Middleburg Financial Corp, Eastern Virginia Bankshares Inc
No Golden Parachute Payments. The Company is prohibiting any golden parachute payment to you during any “CPP Covered Period”. A “CPP Covered Period” is any period during which (A) you are a senior executive officer and (B) Treasury holds an equity or debt position acquired from any obligation of the Company in arising from financial assistance provided under the CPPTARP remains outstanding.
Appears in 5 contracts
Samples: Securities Purchase Agreement (Community First Inc), Securities Purchase Agreement (Community First Inc), Securities Purchase Agreement (Community First Inc)
No Golden Parachute Payments. The Company is prohibiting any No golden parachute payment payments will be made by the Company to you during any “CPP Covered Period”. .” A “CPP Covered Period” is any period during which (A) you are a senior executive officer of the Company, and (B) the Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Central Jersey Bancorp), Securities Purchase Agreement (Central Jersey Bancorp), Securities Purchase Agreement (Central Jersey Bancorp)
No Golden Parachute Payments. The Company is prohibiting prohibited from making any golden parachute payment (as defined below) to you during any “CPP Covered Period”. A .” The “CPP Covered Period” is any period during which (A) the UST holds any Purchased Securities. The Company shall work with you are a senior executive officer between the date hereof and (B) Treasury holds an equity or debt position acquired from December 31, 2008 in order to determine the Company potential payments and benefits which may be subject to the foregoing limitations and, if necessary, to determine the order in the CPPwhich such payments and benefits would be reduced, if necessary.
Appears in 3 contracts
Samples: Officer Agreement (First Midwest Bancorp Inc), Officer Agreement (Mb Financial Inc /Md), Privatebancorp, Inc
No Golden Parachute Payments. The Company is prohibiting any golden parachute payment Golden Parachute Payment to you during any “CPP Covered Period”. .” A “CPP Covered Period” is any period during which (A) you are a senior executive officer Senior Executive Officer and (B) the Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Mainsource Financial Group), CPP Compensation Limitation Agreement (1st Source Corp), Securities Purchase Agreement (Old National Bancorp /In/)
No Golden Parachute Payments. The Company is prohibiting any golden parachute payment to you during any “CPP Covered Period”. A “CPP Covered Period” is any period during which (A) you are a senior executive officer (“SEO”) and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Sun Bancorp Inc /Nj/), Securities Purchase Agreement (Cecil Bancorp Inc), Participation Agreement (Fidelity Bancorp Inc)
No Golden Parachute Payments. The Company is prohibiting any golden parachute payment to you during any “CPP Covered Period”. .” A “CPP Covered Period” is any period during which (A) you are a senior executive officer and (B) Treasury holds an equity or debt position acquired any obligation from financial assistance provided under the Company in the CPPCPP remains outstanding.
Appears in 3 contracts
Samples: Securities Purchase Agreement (First Capital Bancorp, Inc.), Securities Purchase Agreement (First National Corp /Va/), Securities Purchase Agreement (Village Bank & Trust Financial Corp.)
No Golden Parachute Payments. The Company is prohibiting any golden parachute payment to you during any “CPP Covered Period”. A “CPP Covered Period” is any period during which (Aa) you are a senior executive officer and (Bb) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 3 contracts
Samples: Letter Agreement (Midsouth Bancorp Inc), Form of Letter Agreement (Iberiabank Corp), Securities Purchase Agreement (Hopfed Bancorp Inc)
No Golden Parachute Payments. The Company is prohibiting any golden parachute payment payments to you during any “CPP Covered Period”. A “CPP Covered Period” is any period during which (A) you are a senior executive officer of the Company, and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 3 contracts
Samples: Participation Agreement (Peapack Gladstone Financial Corp), Participation Agreement (Valley National Bancorp), Participation Agreement (Community Partners Bancorp)
No Golden Parachute Payments. The Company is prohibiting prohibited from making any golden parachute payment payments to you during any “CPP Covered Period”. .” A “CPP Covered Period” is any period during which (Aa) you are a senior executive officer or a highly compensated employee of the Company or its subsidiaries, and (Bb) the Treasury holds an equity or debt position the Series B Preferred Stock acquired from the Company in the CPP.
Appears in 2 contracts
Samples: Participation Agreement (1st Constitution Bancorp), Participation Agreement (1st Constitution Bancorp)
No Golden Parachute Payments. The Company is prohibiting any golden parachute payment to you during any “CPP Covered Period”. .” A “CPP Covered Period” is any period during which (A) you are a senior an executive officer and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 1 contract
Samples: Consent Letter Agreement (Monarch Financial Holdings, Inc.)
No Golden Parachute Payments. The Company is prohibiting any golden parachute payment to you during any “CPP Covered Period”. .” A ““ CPP Covered Period” is any period during which (A) you are a senior executive officer and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 1 contract
Samples: Securities Purchase Agreement (First Niagara Financial Group Inc)
No Golden Parachute Payments. The Company is prohibiting will not make, and you shall not be entitled to, any golden parachute payment payments to you during any “CPP Covered Period”. A “CPP Covered Period” is any period during which (A) you are a senior executive officer of the Company, and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 1 contract
No Golden Parachute Payments. The Company is prohibiting shall not make any golden parachute payment to you the Executive during any “CPP Covered Period”. A “CPP Covered Period” is any period during which (A) you are the Executive is a “senior executive officer officer” and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 1 contract
Samples: Cascade Financial Corp
No Golden Parachute Payments. The Company is prohibiting any “golden parachute payment payment” (as defined below) to you during any “CPP Covered Period”. A “CPP Covered Period” is any period during which (A) you are a senior executive officer and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 1 contract
Samples: Letter Agreement (Sterling Bancorp)
No Golden Parachute Payments. The Company is prohibiting any golden parachute payment to you during any “CPP Covered Period”. Periods.” A “CPP Covered Period” is any period during which (A) you are a senior executive officer and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 1 contract
No Golden Parachute Payments. The Company is prohibiting any golden parachute payment payments to you during any “"CPP Covered Period”". A “"CPP Covered Period” " is any period during which (A) you are a senior executive officer of the Company, and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 1 contract
Samples: SBT Bancorp, Inc.
No Golden Parachute Payments. The Company is prohibiting You shall not be entitled to any golden parachute payment to you during any “CPP Covered Period”. .” A “CPP Covered Period” is any period during which (A) you are a senior executive officer and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 1 contract
Samples: Securities Purchase Agreement (Wintrust Financial Corp)
No Golden Parachute Payments. The Company is prohibiting any golden parachute payment to you during any “"CPP Covered Period”. ." A “"CPP Covered Period” " is any period during which (A) you are a senior an executive officer and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 1 contract
Samples: Valley Financial Corp /Va/
No Golden Parachute Payments. The Company is prohibiting any golden parachute payment to you during any “CPP Covered Period”. A “CPP Covered Period” is any period during which (A) you are a senior executive officer of the Company and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 1 contract
Samples: Securities Purchase Agreement (Wilshire Bancorp Inc)
No Golden Parachute Payments. The Company is prohibiting shall have no obligation to, and will not, make any golden parachute payment (as defined below) to you during any “CPP Covered Period”. A “CPP Covered Period” is any period during which (A) you are a senior executive officer and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 1 contract
Samples: Securities Purchase Agreement (Zions Bancorporation /Ut/)
No Golden Parachute Payments. The Company is prohibiting any golden parachute payment to you during any “CPP Covered Period”. A “CPP Covered Period” is any period during which (Ai) you are a senior executive officer and (Bii) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 1 contract
No Golden Parachute Payments. The Company is prohibiting any golden parachute payment to you during any “CPP Covered Period”. .” A “CPP Covered Period” is any period during which (Aa) you are a senior executive officer and (Bb) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 1 contract
Samples: Securities Purchase Agreement (Intermountain Community Bancorp)
No Golden Parachute Payments. The Company is prohibiting prohibited from paying any golden parachute payment to you during any “CPP Covered Period”. A “CPP Covered Period” is any period during which (A) you are a senior executive officer and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 1 contract
Samples: Securities Purchase Agreement (Bridge Capital Holdings)
No Golden Parachute Payments. The Company is prohibiting any golden parachute payment to you during any “"CPP Covered Period”". A “"CPP Covered Period” " is any period during which (A) you are a senior executive officer and (B) Treasury holds an equity or debt position acquired from the Company in the CPP.
Appears in 1 contract
