Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, the obligations of the Employers and the Executive hereunder shall be suspended or limited, as the case may be, in the event that the FDIC prohibits or limits, by regulation or order, any payment hereunder pursuant to Section 18(k) of the FDIA (12 U.S.C. Section 1828(k)).
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Samples: Severance Agreement (F&m Bancorp), Severance Agreement (F&m Bancorp), Severance Agreement (F&m Bancorp)
Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, the obligations of the Employers and the Executive Employer hereunder shall be suspended or limited, as the case may be, in the event that the FDIC prohibits or limits, by regulation or order, any payment hereunder pursuant to Section 18(k) of the FDIA (12 U.S.C. Section 1828(k)).
Appears in 1 contract
Samples: Severance Agreement (Peoples Community Bancorp Inc /De/)
Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, the obligations of the Employers and the Executive hereunder shall be suspended or limited, as the case may be, in the event that the FDIC prohibits or limits, by regulation or order, any payment hereunder pursuant to Section 18(k) of the FDIA 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 1 contract
Samples: Employment Security Agreement (Bank West Financial Corp)
Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, the obligations of the Employers and the Executive hereunder shall be suspended or limited, as the case may be, in the event that the FDIC prohibits or limits, by regulation or order, any payment hereunder pursuant to Section 18(k) of the FDIA (12 U.S.C. Section (S) 1828(k)).
Appears in 1 contract
Regulatory Prohibition. Notwithstanding any other provision provisions of this Agreement to the contrary, the obligations of the Employers and the Executive hereunder shall be suspended or limited, as the case may be, in the event that the FDIC prohibits or limits, by regulation or order, any payment hereunder pursuant to Section 18(k) of the FDIA (12 U.S.C. Section § 1828(k)).
Appears in 1 contract
Samples: Confidentiality and Non Competition Agreement (F&m Bancorp)
Regulatory Prohibition. Notwithstanding any other provision of this Agreement to the contrary, the obligations of the Employers and the Executive hereunder shall be suspended or limited, as the case may be, in the event that the FDIC prohibits or limits, by regulation or order, any payment hereunder pursuant to Section 18(k) of the FDIA (12 U.S.C. Section §1828(k)).
Appears in 1 contract
