Common use of Regulatory Suspension and Termination Clause in Contracts

Regulatory Suspension and Termination. (i) If the Executive is suspended from office and/or temporarily prohibited from participating in the conduct of the Bank’s affairs by a notice served under Section 8(e)(3) (12 U.S.C. § 1818(e)(3)) or 8(g) (12 U.S.C. § 1818(g)) of the Federal Deposit Insurance Act, as amended, (the “FDIA”) the Bank’s obligations under this contract shall be suspended as of the date of service, unless stayed by appropriate proceedings. If the charges in the notice are dismissed, the Bank may in its discretion (A) pay the Executive all or part of the compensation withheld while the Executive’s contract obligations were suspended and (B) reinstate (in whole or in part) any of the obligations which were suspended.

Regulatory Suspension and Termination. (ia) If the Executive is suspended from office and/or temporarily prohibited from participating in the conduct of the Bank’s affairs of the Employer by a notice served under Section 8(e)(3) (12 U.S.C. § 1818(e)(3)) or 8(g) (12 U.S.C. § 1818(g)) of the Federal Deposit Insurance Act, as amended, amended (the “FDIA”) ), the BankEmployer’s obligations under this contract Agreement shall be suspended as of the date of service, unless stayed by appropriate proceedings. If the charges in the notice are dismissed, the Bank Employer may in its discretion discretion: (Ai) pay the Executive all or part of the compensation withheld while the Executive’s contract obligations herein were suspended suspended; and (Bii) reinstate (in whole or in part) any of the obligations which were suspended.

Regulatory Suspension and Termination. (i) If the Executive is suspended from office and/or temporarily prohibited from participating in the conduct of the Bank’s Pinnacle's affairs by a notice served under Section 8(e)(3) (12 8(e)(3)(12 U.S.C. § Section 1818(e)(3)) or 8(g) (12 8(g)(12 U.S.C. § Section 1818(g)) of the Federal Deposit Insurance Act, as amended, (the “FDIA”) the Bank’s Pinnacle's obligations under this contract Agreement shall be suspended as of the date of service, unless stayed by appropriate proceedings. If the charges in the notice are dismissed, the Bank Pinnacle may in its discretion (A) pay the Executive all or part of the compensation withheld while the Executive’s their contract obligations were suspended and (B) reinstate (in whole or in part) any of the obligations which were suspended.

Regulatory Suspension and Termination. (i) 6.1 If the Executive is suspended from office and/or temporarily prohibited from participating in the conduct of the Bank’s 's affairs by a notice served under Section 8(e)(3) (12 U.S.C. § ss. 1818(e)(3)) or 8(g) (12 U.S.C. § ss. 1818(g)) of the Federal Deposit Insurance Act, as amended, (the “FDIA”) the Bank’s 's obligations under this contract Agreement shall be suspended as of the date of service, unless stayed by appropriate proceedings. If the charges in the notice are dismissed, the Bank may in its discretion shall (A) pay the Executive all or part of the compensation withheld while the Executive’s their contract obligations were suspended and (B) reinstate (in whole or in part) any of the obligations obligations, which were suspended.

Regulatory Suspension and Termination. (i) If the Executive is suspended from office and/or temporarily prohibited from participating in the conduct of the Bank’s any of Pinnacle's subsidiaries' affairs by a notice served under Section 8(e)(3) (12 8(e)(3)(12 U.S.C. § Section 1818(e)(3)) or 8(g) (12 8(g)(12 U.S.C. § Section 1818(g)) of the Federal Deposit Insurance Act, as amended, (the “FDIA”) the Bank’s Pinnacle's obligations under this contract Agreement shall be suspended as of the date of service, unless stayed by appropriate proceedings. If the charges in the notice are dismissed, the Bank Pinnacle may in its discretion (A) pay the Executive all or part of the compensation withheld while the Executive’s their contract obligations were suspended and (B) reinstate (in whole or in part) any of the obligations which were suspended.

Regulatory Suspension and Termination. (i) If the Executive is suspended from office and/or temporarily prohibited from participating in the conduct of the BankCorporation’s affairs by a notice served under Section 8(e)(3) (12 U.S.C. § 1818(e)(3)) or 8(g) (12 U.S.C. § 1818(g)) of the Federal Deposit Insurance Act, as amended, (the “FDIA”) the BankCorporation’s obligations under this contract shall be suspended as of the date of service, unless stayed by appropriate proceedings. If the charges in the notice are dismissed, the Bank Corporation may in its discretion (A) pay the Executive all or part of the compensation withheld while the Executive’s contract obligations were suspended and (B) reinstate (in whole or in part) any of the obligations which were suspended.

Regulatory Suspension and Termination. (i) If the Executive is suspended from office and/or temporarily prohibited from participating in the conduct of the Bank’s Employer's affairs by a notice served under Section 8(e)(3) (12 U.S.C. § (S) 1818(e)(3)) or 8(g) (12 U.S.C. § (S) 1818(g)) of the Federal Deposit Insurance Act, as amended, (the “FDIA”) the Bank’s Employer's obligations under this contract shall be suspended as of the date of service, unless stayed by appropriate proceedings. If the charges in the notice are dismissed, the Bank Employer may in its discretion (A) pay the Executive all or part of the compensation withheld while the Executive’s contract obligations were suspended and (B) reinstate (in whole or in part) any of the obligations which were suspended.