Common use of Regulatory Prohibition Clause in Contracts

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 19 contracts

Samples: Change in Control Severance Agreement (Parkvale Financial Corp), Change in Control Severance Agreement (Parkvale Financial Corp), Severance Agreement (First Banctrust Corp)

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Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 17 contracts

Samples: Executive Agreement (Financial Institutions Inc), Executive Agreement (Financial Institutions Inc), Executive Agreement (Financial Institutions Inc)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any renewal of this Agreement and any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section §1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 6 contracts

Samples: Employment Agreement (BayCom Corp), Employment Agreement (BayCom Corp), Employment Agreement (BayCom Corp)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(k)) and the any regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 4 contracts

Samples: Employment Agreement (Harleysville Savings Financial Corp), Employment Agreement (Laurel Capital Group Inc), Employment Agreement (Laurel Capital Group Inc)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section §1828(k)) and the any regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 3 contracts

Samples: Employment Agreement (Laurel Capital Group Inc), Change in Control Severance Agreement (Laurel Capital Group Inc), Employment Agreement (Laurel Capital Group Inc)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section '1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 3 contracts

Samples: Change in Control Severance Agreement (First Federal Bancshares of Arkansas Inc), Change in Control Severance Agreement (First Federal Bancshares of Arkansas Inc), Employment Agreement (Home Bancorp, Inc.)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal 8 Deposit Insurance Act (12 U.S.C. Section 1828(kss.1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 2 contracts

Samples: Change in Control Severance Agreement (Community Savings Bankshares Inc /De/), Change in Control Severance Agreement (Community Savings Bankshares Inc /De/)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section §1828(k)) and the any regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 2 contracts

Samples: Employment Agreement (Community Bank Shares of Indiana Inc), Employment Agreement (Community Bank Shares of Indiana Inc)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(kU.S.C.ss.1828(k)) and the any regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 2 contracts

Samples: Employment Agreement (Community Bank Shares of Indiana Inc), Employment Agreement (Community Bank Shares of Indiana Inc)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(kU.S.C.§1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 2 contracts

Samples: Change in Control Severance Agreement (First Federal Bancshares of Arkansas Inc), Change in Control Severance Agreement (First Federal Bancshares of Arkansas Inc)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 2 contracts

Samples: Change in Control Severance Agreement (Peoples Community Bancorp Inc /Md/), Change in Control Severance Agreement (Peoples Community Bancorp Inc /Md/)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(kU.S.C.ss.1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 2 contracts

Samples: Employment Agreement (First Banctrust Corp), Employment Agreement (Minden Bancorp Inc)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section §1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 2 contracts

Samples: Change in Control Severance Agreement (Peoples Community Bancorp Inc /Md/), Change in Control Severance Agreement (Peoples Community Bancorp Inc /Md/)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section §1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 2 contracts

Samples: Employment Agreement (First Keystone Financial Inc), Employment Agreement (First Keystone Financial Inc)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (“FDIA”) (12 U.S.C. Section §1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 2 contracts

Samples: Employment Agreement (First Keystone Financial Inc), Employment Agreement (First Keystone Financial Inc)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (the “FDIA”) (12 U.S.C. Section §1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 2 contracts

Samples: Employment Agreement (Minden Bancorp, Inc.), Employment Agreement (Minden Bancorp, Inc.)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(kss.1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 2 contracts

Samples: Change in Control Severance Agreement (Independence Community Bank Corp), Employment Agreement (Minden Bancorp Inc)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(kss.1828(k)) and the any regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 1 contract

Samples: Employment Agreement (Community Bank Shares of Indiana Inc)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.12

Appears in 1 contract

Samples: Merger Agreement (PCB Bancorp Inc)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(k)) and the any regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 1 contract

Samples: Severance Agreement (Laurel Capital Group Inc)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(k)) and the any regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 1 contract

Samples: Employment Agreement (Fidelity Bancorp Inc)

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Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(kss.1828(k)) and the any regulations promulgated thereunder, including 12 C.F.R. Part 359.. -------------------------------------------------------------------------------- 63

Appears in 1 contract

Samples: Employment Agreement (Community Bank Shares of Indiana Inc)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359. Furthermore, following such termination for Cause, the Executive will not, directly or indirectly, participate in the affairs or the operations of the Bank.

Appears in 1 contract

Samples: Merger Agreement (First Community Bancshares Inc /Nv/)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive Officer pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Independence Community Bank Corp)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section §1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359. Furthermore, following such termination for Cause, the Executive will not, directly or indirectly, participate in the affairs or the operations of the Bank or IPC.

Appears in 1 contract

Samples: Stock Purchase Agreement (First Community Bancshares Inc /Nv/)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section § 1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 1 contract

Samples: Employment Agreement (Home Bancorp, Inc.)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 1 contract

Samples: Employment Agreement (Alliance Bancorp Inc of Pennsylvania)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(kU. S. C. ss.1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 1 contract

Samples: Employment Agreement (WVS Financial Corp)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. ss.Section 1828(k)) and the any regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 1 contract

Samples: Employment Agreement (Fidelity Bancorp Inc)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Peoples Community Bancorp Inc /Md/)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(kss.1828(k)) and the any regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 1 contract

Samples: Employment Agreement (Harleysville Savings Financial Corp)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(k)) and the any regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 1 contract

Samples: Employment Agreement (Kentucky Bancshares Inc /Ky/)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive Officer pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(kSection1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Independence Community Bank Corp)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the Federal Deposit Insurance Act (12 U.S.C. Section 1828(kU.S.C.ss.1828(k)) and the regulations promulgated thereunder, including 12 C.F.R. Part 359. Furthermore, following such termination for Cause, the Executive will not, directly or indirectly, participate in the affairs or the operations of the Bank.

Appears in 1 contract

Samples: Employment Agreement (First Community Bancshares Inc /Nv/)

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