Regulatory Exclusions. Notwithstanding anything herein to the contrary, any payments made to the Executive pursuant to the Agreement, or otherwise, shall be subject to and conditioned upon compliance with 12 USC 1828(k) and FDIC regulation C.F.R. Part 359 Golden Parachute and Indemnification Payments.
Appears in 4 contracts
Samples: Employment Agreement (Eureka Financial Corp.), Employment Agreement (Eureka Financial Corp.), Employment Agreement (Eureka Financial Corp.)
Regulatory Exclusions. (a) Notwithstanding anything herein to the contrary, any payments made or to be made to the Executive pursuant to the Agreement, or otherwise, shall be subject to and conditioned upon compliance with 12 USC Section 1828(k) and FDIC regulation C.F.R. Regulation 12 CFR Part 359 359, Golden Parachute Indemnification Payments promulgated thereunder, to the extent such laws and Indemnification Paymentsregulations are applicable to the Company and the Bank.
Appears in 2 contracts
Samples: Employment Agreement (Norwood Financial Corp), Employment Agreement (Norwood Financial Corp)
