Common use of Regulatory Exclusion Clause in Contracts

Regulatory Exclusion. Notwithstanding anything herein to the contrary, any payments made to the Employee pursuant to this Agreement, or otherwise, shall be subject to and conditioned upon compliance with 12 U.S.C. § 1828(k) and the Federal Deposit Insurance Corporation Regulations at 12 C.F.R. Part 359, Golden Parachute and Indemnification Payments promulgated thereunder.

Appears in 7 contracts

Samples: Employment Agreement (Wells Financial Corp), Employment Agreement (MSB Financial Corp.), Employment Agreement (MSB Financial Corp.)

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Regulatory Exclusion. Notwithstanding anything herein to the contrary, any payments made to the Employee pursuant to this Agreement, or otherwise, shall be subject to and conditioned upon compliance with 12 U.S.C. § 1828(k) and the Federal Deposit Insurance Corporation Regulations regulations at 12 C.F.R. Part 359, Golden Parachute and Indemnification Payments promulgated thereunder.

Appears in 5 contracts

Samples: Change in Control Agreement (MSB Financial Corp), Change in Control Agreement (MSB Financial Corp), Change in Control Agreement (MSB Financial Corp)

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