Common use of Regulatory Prohibition Clause in Contracts

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payment made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(K) and any regulations promulgated thereunder.

Appears in 8 contracts

Samples: Employment Agreement (First Defiance Financial Corp), Employment Agreement (First Defiance Financial Corp), Employment Agreement (First Defiance Financial Corp)

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Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payment payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(K) and any regulations promulgated thereunderthereunder to the extent such laws and regulations are applicable to the Companies and the Executive.

Appears in 6 contracts

Samples: Employment Agreement (Premier Financial Corp), Employment Agreement (First Defiance Financial Corp), Employment Agreement (First Defiance Financial Corp)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payment payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(K1828(k) and any regulations promulgated thereunder.

Appears in 4 contracts

Samples: Agreement (Community Investors Bancorp Inc), Agreement (Community Investors Bancorp Inc), Agreement (Community Investors Bancorp Inc)

Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payment made to or for the benefit of the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(K1828(k) and any regulations promulgated thereunder.

Appears in 2 contracts

Samples: Employment Agreement (Farmers & Merchants Bancorp Inc), Employment Agreement (Farmers & Merchants Bancorp Inc)

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Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, any payment made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with (i) 12 U.S.C. Section 1828(K) and any regulations promulgated thereunder and (ii) the Emergency Economic Stabilization Act of 2008 (12 U.S.C. Section 5221), as amended by the American Recovery and Reinvestment Act of 2009, and any regulations promulgated thereunder, to the extent such laws and regulations are applicable to the Companies and Executive.

Appears in 1 contract

Samples: Employment Agreement (First Defiance Financial Corp)

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