Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 106 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Lake Shore Bancorp, Inc.), Supplemental Executive Retirement Agreement (Southern California Bancorp \ CA), Supplemental Executive Retirement Agreement (Southern California Bancorp \ CA)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank Company shall not distribute pay any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 30 contracts
Samples: Phantom Restricted Stock (Cape Bancorp, Inc.), Salary Continuation Agreement (Susquehanna Bancshares Inc), Continuation Agreement (First Community Financial Corp)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act. Notwithstanding anything herein to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, shall be subject to and conditioned upon compliance with 12 U.S.C. 1828 and FDIC Regulation 12 CFR Part 359, Golden Parachute Indemnification Payments and any other regulations or guidance promulgated thereunder.
Appears in 29 contracts
Samples: Salary Continuation Agreement (Mutualfirst Financial Inc), Supplemental Executive Retirement Agreement (SBT Bancorp, Inc.), Salary Continuation Agreement (Bank of Commerce Holdings)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank Company shall not distribute any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 28 contracts
Samples: Salary Continuation Agreement (Fidelity Federal Bancorp), Executive Incentive Retirement Plan (Sterling Bancorp, Inc.), Executive Centive Retirement Plan (Sterling Bancorp, Inc.)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement if the Executive Director is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 20 contracts
Samples: Supplemental Director Retirement Agreement (BV Financial, Inc.), Director Retirement Agreement (Mercer Bancorp, Inc.), Director Retirement Agreement (Mercer Bancorp, Inc.)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement if the Executive Participant is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 9 contracts
Samples: Performance Driven Plan (First Ulb Corp.), Performance Driven Plan (First Ulb Corp.), Performance Driven Plan (First Ulb Corp.)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute pay any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance ActAct ("FDIA").
Appears in 8 contracts
Samples: Retirement Plan Agreement (Roma Financial Corp), Retirement Plan Agreement (Emclaire Financial Corp), Executive Retirement Plan Agreement (Capital Bancorp Inc)
Removal. Notwithstanding any provision of this Agreement Plan to the contrary, the Bank shall not distribute any benefit under this Agreement Plan if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 8 contracts
Samples: Continuation Agreement (Fifth District Bancorp, Inc.), Continuation Agreement (Fifth District Bancorp, Inc.), Supplemental Executive Retirement Plan (Acnb Corp)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute pay any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 8 contracts
Samples: Laurel Savings Bank (Laurel Capital Group Inc), Laurel Savings Bank (Laurel Capital Group Inc), Laurel Savings Bank (Laurel Capital Group Inc)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute pay any benefit under this Agreement if the Executive Director is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance ActAct (“FDIA”).
Appears in 7 contracts
Samples: Director Retirement Plan Agreement (Malvern Federal Bancorp Inc), Director Retirement Plan Agreement (Malvern Federal Bancorp Inc), Director Retirement Plan Agreement (Malvern Federal Bancorp Inc)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank Corporation shall not distribute any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 7 contracts
Samples: Continuation Agreement (National Bankshares Inc), Supplemental Executive Retirement Agreement (CenterState Banks, Inc.), Supplemental Executive Retirement Agreement (CenterState Banks, Inc.)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit benefit, in excess of the Executive Deferrals and any interest thereon, under this Agreement (i.e. the Executive shall forfeit all Grants and any interest thereon) if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 6 contracts
Samples: Deferred Compensation Agreement (Tower Bancorp Inc), Deferred Compensation Agreement (Tower Bancorp Inc), Deferred Compensation Agreement (Tower Bancorp Inc)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance ActAct ("FDIA").
Appears in 6 contracts
Samples: Supplemental Executive Retirement Agreement (Home Federal Bancorp), Supplemental Executive Retirement Agreement (Home Federal Bancorp), Retirement Agreement (Community Partners Bancorp)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute pay any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance ActAct (“FDIA”).
Appears in 6 contracts
Samples: Supplemental Executive Retirement Plan Agreement (First Perry Bancorp, Inc), Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute pay any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 5 contracts
Samples: Supplement Executive Retirement Plan Agreement (First Perry Bancorp, Inc), Supplement Executive Retirement Plan Agreement (First Perry Bancorp, Inc), Supplemental Executive Retirement Plan Agreement (CCFNB Bancorp Inc)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute pay any benefit under this Agreement if the Executive Trustee is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 5 contracts
Samples: Laurel Savings (Laurel Capital Group Inc), Laurel Savings (Laurel Capital Group Inc), Laurel Savings (Laurel Capital Group Inc)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not be legally obligated to distribute any benefit under this Agreement if at the time such distribution is due, the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 4 contracts
Samples: Supplemental Executive Retirement Agreement (Cambridge Bancorp), Cambridge Trust Company (Cambridge Bancorp), Supplemental Executive Retirement Agreement (Cambridge Bancorp)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement if the Executive Employee is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 4 contracts
Samples: Deferred Bonus Agreement (Cascade Bancorp), Deferred Bonus Agreement (Cascade Bancorp), Deferred Bonus Agreement (Cascade Bancorp)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute pay any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency authority pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 3 contracts
Samples: Supplemental Executive Retirement Benefit Agreement (CCFNB Bancorp Inc), Supplemental Executive Retirement Benefit Agreement (CCFNB Bancorp Inc), Supplemental Executive Retirement Benefit Agreement (CCFNB Bancorp Inc)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement in excess of Deferrals credited thereon) if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 3 contracts
Samples: Long Term Incentive Agreement, Executive Deferred Compensation Agreement (Riverview Financial Corp), Long Term Incentive Agreement (Nara Bancorp Inc)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute pay any benefit under this Agreement if the Executive Director is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 3 contracts
Samples: Director Retirement Agreement (Esb Financial Corp), Director Retirement Agreement (Esb Financial Corp), 2001 Directors Retirement Agreement (Juniata Valley Financial Corp)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement in excess of the Deferrals if the Executive Director is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 2 contracts
Samples: Director Deferred Compensation Agreement (First Farmers & Merchants Corp), First Farmers and Merchants Bank Director Deferred Compensation Agreement (First Farmers & Merchants Corp)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute pay any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance ActAct (“FDIA”) or by the Maryland Commissioner of Financial Regulation pursuant to state law.
Appears in 2 contracts
Samples: Retirement Plan Agreement (Community Heritage Financial, Inc.), Supplemental Executive (Community Heritage Financial, Inc.)
Removal. Notwithstanding any provision of this Agreement to the ------- contrary, the Bank shall not distribute any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.. PACIFIC PREMIER BANK Salary Continuation Agreement ================================================================================
Appears in 2 contracts
Samples: Pacific Premier (Pacific Premier Bancorp Inc), Pacific Premier (Pacific Premier Bancorp Inc)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement in excess of the Deferrals (i.e., Deferral Account minus interest credited thereon) if the Executive Director is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 2 contracts
Samples: Director Deferred Fee Agreement (Central Valley Community Bancorp), Pacific Premier Bank Director Deferred Compensation Agreement (Pacific Premier Bancorp Inc)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute pay any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 1 contract
Samples: Agreement (East Penn Financial Corp)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute pay any benefit under this Agreement if the If Executive is subject to a final removal or prohibition order issued Issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Agreement (CCFNB Bancorp Inc)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 1 contract
Removal. Notwithstanding any provision of this Agreement to the contrary, ------- the Bank shall not distribute any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance ActAct ("FDIA").
Appears in 1 contract
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.. 4.4
Appears in 1 contract
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement (and all such benefits will be forfeited) if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Plumas Bancorp)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute pay any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency authority pursuant to Section 8(e) of the Federal Deposit Insurance insurance Act.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (CCFNB Bancorp Inc)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance ActAct (“FDIA”).
Appears in 1 contract
Samples: Two River Community Bank Supplemental Executive Retirement Agreement (Two River Bancorp)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute pay any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency authority pursuant to Section 8(e) of the Federal Deposit Insurance iInsurance Act.
Appears in 1 contract
Samples: Executive Retirement Benefit Agreement (CCFNB Bancorp Inc)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act. Supplemental Executive Retirement Plan Xxxxxx X. Xxxx Xx.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Agreement (First Bancshares Inc /MS/)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement Agreement, and all such benefits will be forfeited, if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Plumas Bancorp)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.. Consumers National Bank Salary Continuation Agreement
Appears in 1 contract
Samples: Salary Continuation Agreement (Consumers Bancorp Inc /Oh/)
Removal. Notwithstanding any provision of this Agreement Plan to the contrary, the Bank shall not distribute any benefit under this Agreement Plan if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan (CBM Bancorp, Inc.)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement if the Executive Director is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) 8€ of the Federal Deposit Insurance Act.
Appears in 1 contract
Samples: Director Retirement Agreement (Central Valley Community Bancorp)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit (and the Executive will forfeit all unpaid benefits) under this Agreement if the Executive is subject to a final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 1 contract
Samples: Executive Deferred Compensation Agreement (CBTX, Inc.)
Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement if the Executive is subject to a final final, removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act.
Appears in 1 contract
