Regulatory Action. Notwithstanding any other provisions of this Agreement, if the Executive is removed and/or permanently prohibited from participating in the conduct of the Bank's affairs by an order issued under Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S. C. § 1818(e)(4) and (g)(1), all obligations of the Corporation under this Agreement shall terminate as of the effective date of the order, except for the obligation of the Corporation to pay the Accrued Compensation.
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Samples: Employment Agreement (Mb Financial Inc /Md), Employment Agreement (Mb Financial Inc /Md), Employment Agreement (Mb Financial Inc /Md)
Regulatory Action. Notwithstanding any other provisions of this Agreement, if the Executive is removed and/or permanently prohibited from participating in the conduct of the Bank's affairs by an order issued under Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S. C. U.S.C. § 1818(e)(4) and (g)(1), all obligations of the Corporation Bank under this Agreement shall terminate as of the effective date of the order, except for the obligation of the Corporation Bank to pay the Accrued Compensation.
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Samples: Agreement and Plan of Merger (Mb Financial Inc /Md), Agreement and Plan of Merger (Taylor Capital Group Inc)
Regulatory Action. Notwithstanding any other provisions of this Agreement, if the Executive is removed and/or permanently prohibited from participating in the conduct of the Bank's ’s affairs by an order issued under Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S. C. U.S.C. § 1818(e)(4) and (g)(1), all obligations of the Corporation Bank under this Agreement shall terminate as of the effective date of the order, except for the obligation of the Corporation Bank to pay the Accrued Compensation.
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Regulatory Action. Notwithstanding any other provisions of this Agreement, if the Executive is removed and/or permanently prohibited from participating in the conduct of the Bank's ’s affairs by an order issued under Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S. C. § 1818(e)(4) and (g)(1), all obligations of the Corporation under this Agreement shall terminate as of the effective date of the order, except for the obligation of the Corporation to pay the Accrued Compensation.
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Regulatory Action. Notwithstanding any other provisions of this Agreement, if the Executive Employee is removed and/or permanently prohibited from participating in the conduct of the Bank's affairs by an order issued under Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S. C. § Section 1818(e)(4) and (g)(1), all obligations of the Corporation Bank under this Agreement shall terminate as of the effective date of the order, except for the obligation but vested rights of the Corporation to pay the Accrued Compensation.parties shall not be affected. 9 Next Page
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Regulatory Action. Notwithstanding any other provisions of this Agreement, if the Executive is removed and/or permanently prohibited from participating in the conduct of the Bank's ’s affairs by an order issued under Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S. C. § 1818(e)(41818(c)(4) and (g)(1), all obligations of the Corporation under this Agreement shall terminate as of the effective date of the order, except for the obligation of the Corporation to pay the Accrued Compensation.
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Regulatory Action. Notwithstanding any other provisions of this Agreement, if the Executive Employee is removed and/or permanently prohibited from participating in the conduct of the Bank's affairs by an order issued under Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S. C. § U.S.C. ss. 1818(e)(4) and (g)(1), all obligations of the Corporation Company under this Agreement shall terminate as of the effective date of the order, except for the obligation but vested rights of the Corporation to pay the Accrued Compensationcontracting parties shall not be affected.
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Regulatory Action. Notwithstanding any other provisions of this Agreement, if the Executive Employee is removed and/or permanently prohibited from participating in the conduct of the Bank's ’s affairs by an order issued under Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S. C. § Section 1818(e)(4) and (g)(1), all obligations of the Corporation Bank under this Agreement shall terminate as of the effective date of the order, except for the obligation but vested rights of the Corporation to pay the Accrued Compensationparties shall not be affected.
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Regulatory Action. Notwithstanding any other provisions of this ----------------- Agreement, if the Executive Employee is removed and/or permanently prohibited from participating in the conduct of the Bank's affairs by an order issued under Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S. C. § (S) 1818(e)(4) and (g)(1), all obligations of the Surviving Corporation under this Agreement shall terminate as of the effective date of the order, except for the obligation but vested rights of the Corporation to pay the Accrued Compensationcontracting parties shall not be affected.
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