Removal. If the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 61 contracts
Samples: Salary Continuation Agreement (Grandsouth Bancorporation), Salary Continuation Agreement, Salary Continuation Agreement
Removal. If Despite any contrary provision of this Agreement, if the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 22 contracts
Samples: Executive Deferred Compensation Agreement (Middlefield Banc Corp), Executive Deferred Compensation Agreement (Middlefield Banc Corp), Executive Deferred Compensation Agreement (Middlefield Banc Corp)
Removal. If the Executive is removed from office or permanently prohibited from participating in the Bank’s 's affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 14 contracts
Samples: Salary Continuation Agreement (Greenville First Bancshares Inc), Salary Continuation Agreement (Citizens South Banking Corp), Salary Continuation Agreement (Citizens South Banking Corp)
Removal. If the Executive Director is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 13 contracts
Samples: Director Retirement Agreement, Director Retirement Agreement (Carolina Bank Holdings Inc), Director Retirement Agreement (Carolina Bank Holdings Inc)
Removal. If the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order, and the Split Dollar Agreement and Endorsement, as amended, also shall terminate as of the effective date of the order.
Appears in 13 contracts
Samples: Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc)
Removal. If the Executive is removed from office or permanently prohibited from participating in the conduct of the Bank’s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 11 contracts
Samples: Salary Continuation Agreement (Home Bancorp Wisconsin, Inc.), Supplemental Executive Retirement Plan Agreement (Premierwest Bancorp), Supplemental Executive Retirement Plan Agreement (Premierwest Bancorp)
Removal. If the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 10 contracts
Samples: Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Eagle Bancorp Montana, Inc.)
Removal. If Despite any contrary provision of this Agreement, if the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section 8(e)(4Section 8(e) (4) or (g)(1g) (1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(41818(e) (4) or (g)(1g) (1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 10 contracts
Samples: Confidentiality, Non Competition, and Non Solicitation Agreement (Southern States Bancshares, Inc.), Confidentiality, Non Competition, and Non Solicitation Agreement (Franklin Financial Network Inc.), Confidentiality, Non Competition, and Non Solicitation Agreement (Franklin Financial Network Inc.)
Removal. If Despite any contrary provision of this Agreement, if the Executive is removed from office or permanently prohibited from participating in the BankEmployer’s affairs by an order issued under section 8(e)(48(e) or (g)(18(g) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(41818(e) or (g)(11818(g), all obligations of the Bank Employer under this Agreement shall terminate as of the effective date of the order.
Appears in 9 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Charter Financial Corp/Ga), Supplemental Executive Retirement Plan Agreement (Charter Financial Corp/Ga), Supplemental Executive Retirement Plan Agreement (Charter Financial Corp/Ga)
Removal. If the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order and the Endorsement Split Dollar Agreement also shall terminate as of the effective date of the order.
Appears in 8 contracts
Samples: Salary Continuation Agreement (Crescent Financial Corp), Salary Continuation Agreement (Crescent Financial Corp), Salary Continuation Agreement (Crescent Financial Corp)
Removal. If the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by the North Carolina Commissioner of Banks or by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. U.S.C, 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 7 contracts
Samples: Salary Continuation Agreement (Paragon Commercial CORP), Salary Continuation Agreement (Paragon Commercial CORP), Salary Continuation Agreement (Paragon Commercial CORP)
Removal. If the Executive is removed from office or permanently prohibited from participating in the conduct of the Bank’s affairs by an order issued under section Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. §1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 7 contracts
Samples: Salary Continuation Agreement (Newmil Bancorp Inc), Salary Continuation Agreement (First Northern Community Bancorp), Salary Continuation Agreement (Newmil Bancorp Inc)
Removal. If the Executive is removed from office or permanently prohibited from participating in the conduct of the Bank’s 's affairs by an order issued under section Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. Section 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 6 contracts
Samples: Executive Survivor Income Agreement (Middlefield Banc Corp), Executive Survivor Income Agreement (Middlefield Banc Corp), Salary Continuation Agreement (Newmil Bancorp Inc)
Removal. If the Executive is removed from office or permanently prohibited from participating in the BankCompany’s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank Company under this Agreement shall terminate as of the effective date of the order.
Appears in 6 contracts
Samples: Salary Continuation Agreement (Capital Corp of the West), Salary Continuation Agreement (Capital Corp of the West), Salary Continuation Agreement (Capital Corp of the West)
Removal. If Notwithstanding any provision of this Agreement to the contrary, if the Executive is removed from office or permanently prohibited from participating in the conduct of the Bank’s 's affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 5 contracts
Samples: Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc)
Removal. If the Executive is removed from office or permanently prohibited from participating in the BankEmployer’s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank Employer under this Agreement shall terminate as of the effective date of the order.
Appears in 5 contracts
Samples: Supplemental Executive Retirement Plan (Fidelity D & D Bancorp Inc), Supplemental Executive Retirement Plan (Fidelity D & D Bancorp Inc), Supplemental Executive Retirement Plan (Fidelity D & D Bancorp Inc)
Removal. If the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order, and the Split Dollar Life Insurance Agreement and Endorsement between the Executive and the Bank dated as of the date hereof also shall terminate as of the effective date of the order.
Appears in 5 contracts
Samples: Supplemental Salary Continuation Agreement (Investar Holding Corp), Supplemental Salary Continuation Agreement (Investar Holding Corp), Salary Continuation Agreement (Investar Holding Corp)
Removal. If the Executive is removed from office or permanently prohibited from participating in the conduct of the Bank’s 's affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 4 contracts
Samples: Salary Continuation Agreement (Premierwest Bancorp), Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc)
Removal. If the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order, and the Split Dollar Agreement and Endorsement, as amended, also terminates as of the effective date of the order.
Appears in 4 contracts
Samples: Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc)
Removal. If Despite any contrary provision of this Agreement, if the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section 8(e)(48(e) (4) or (g)(1g) (1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(41818(e) (4) or (g)(1g) (1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 4 contracts
Samples: Salary Continuation Agreement (Gateway Financial Holdings Inc), Salary Continuation Agreement (Gateway Financial Holdings Inc), Salary Continuation Agreement (Gateway Financial Holdings Inc)
Removal. If Despite any contrary provision of this Agreement, if the Executive is removed from office or permanently prohibited from participating in the BankEmployer’s affairs by an order issued under section 8(e)(48(e) (4) or (g)(1g) (1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(41818(e) (4) or (g)(1g) (1), all obligations of the Bank Employer under this Agreement shall terminate as of the effective date of the order.
Appears in 4 contracts
Samples: Supplemental Salary Continuation Plan Agreement (Tennessee Commerce Bancorp, Inc.), Salary Continuation Plan (Tennessee Commerce Bancorp, Inc.), Non Competition Agreement (Center Bancorp Inc)
Removal. If Despite any provision of this Agreement to the contrary, if the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 3 contracts
Samples: Executive Deferred Compensation Agreement (Middlefield Banc Corp), Executive Deferred Compensation Agreement (Middlefield Banc Corp), Executive Deferred Compensation Agreement (Middlefield Banc Corp)
Removal. If the Executive is removed from office or permanently prohibited from participating in the Bank’s =s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Crescent Financial Corp), Salary Continuation Agreement (Crescent Financial Corp), Salary Continuation Agreement (Crescent Financial Corp)
Removal. If the Executive is removed from office or permanently prohibited from participating in the conduct of the Bank’s 's affairs by an order issued under section 8(e)(4) or (g)(1section 8(g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Unizan Financial Corp), Salary Continuation Agreement (Unizan Financial Corp), Salary Continuation Agreement (Unizan Financial Corp)
Removal. If the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order, and the Endorsement Split Dollar Agreement also shall terminate as of the effective date of the order.
Appears in 3 contracts
Samples: Salary Continuation Agreement (First Reliance Bancshares Inc), Salary Continuation Agreement (First Reliance Bancshares Inc), Salary Continuation Agreement (First Reliance Bancshares Inc)
Removal. If Notwithstanding any provision of this Agreement to the contrary, if the Executive is removed from office or permanently prohibited from participating in the Bank’s 's affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Intermountain Community Bancorp), Salary Continuation Agreement (Intermountain Community Bancorp), Salary Continuation Agreement (Cortland Bancorp Inc)
Removal. If the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order, and the Endorsement Split Dollar Agreement also shall terminate as of the effective date of the order.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Southern Community Financial Corp), Salary Continuation Agreement (Southern Community Financial Corp), Salary Continuation Agreement (Southern Community Financial Corp)
Removal. If Despite any contrary provision of this Agreement, if the Executive is removed from office or permanently prohibited from participating in the BankCompany’s affairs by an order issued under section 8(e)(4Section 8(e) (4) or (g)(1g) (1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(41818(e) (4) or (g)(1g) (1), all obligations of the Bank Company under this Agreement shall terminate as of the effective date of the order.
Appears in 2 contracts
Samples: Confidentiality, Non Competition, and Non Solicitation Agreement (Franklin Financial Network Inc.), Confidentiality, Non Competition, and Non Solicitation Agreement (Franklin Financial Network Inc.)
Removal. If Despite any contrary provision of this Agreement, if the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 2 contracts
Samples: Executive Deferred Compensation Agreement (Middlefield Banc Corp), Executive Deferred Compensation Agreement (Middlefield Banc Corp)
Removal. If the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 2 contracts
Samples: Salary Continuation Agreement (CBTX, Inc.), Executive Employment Agreement (CBTX, Inc.)
Removal. If the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Newmil Bancorp Inc), Salary Continuation Agreement (Southern Community Financial Corp)
Removal. If the Executive is removed from office or permanently prohibited from participating in the Bank’s 's affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order, and the Split Dollar Agreement also shall terminate as of the effective date of the order.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Intermountain Community Bancorp), Salary Continuation Agreement (Intermountain Community Bancorp)
Removal. If the Executive is removed from office or permanently prohibited from participating in the conduct of the Bank’s affairs by an order issued under section Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Premierwest Bancorp), Supplemental Executive Retirement Plan Agreement (Premierwest Bancorp)
Removal. If the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement Plan shall terminate as to the Executive as of the effective date of the order.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Plan (Peoples Financial Services Corp.), Supplemental Executive Retirement Plan (Peoples Financial Services Corp.)
Removal. If Despite any contrary provision of this Plan, if the Executive is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section 8(e)(48(e) (4) or (g)(1g) (1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(41818(e) (4) or (g)(1g) (1), or comparable New Jersey statutory or regulatory provision, all obligations of the Bank under this Agreement Plan shall terminate as of the effective date of the order.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan (ConnectOne Bancorp, Inc.)
Removal. If Notwithstanding any provision of this Agreement to the contrary, if the Executive is removed from office or permanently prohibited from participating in the conduct of the Bank’s affairs by an order issued under section 8(e)(48(e) (4) or (g)(1g) (1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(41818(e) (4) or (g)(1g) (1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 1 contract
Samples: Executive Survivor Income Agreement (Western Sierra Bancorp)
Removal. If the Executive is removed from office or permanently prohibited from participating in the conduct of the Bank’s 's affairs by an order issued under section Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4ss.1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 1 contract
Samples: Salary Continuation and Split Dollar Agreement (First Northern Community Bancorp)
Removal. If the Executive is removed from office or permanently prohibited from participating in the conduct of the Bank’s 's affairs by an order issued under section Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. Sections. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 1 contract
Samples: Executive Survivor Income Agreement (Middlefield Banc Corp)
Removal. If the Executive is removed from office or permanently prohibited from participating in the BankCompany’s affairs by an order issued under section 8(e)(4) or (g)(1g)(l) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1g)(l), all obligations of the Bank Company under this Agreement shall terminate as of the effective date of the order.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (MUNCY COLUMBIA FINANCIAL Corp)
Removal. If the Executive is removed from office or permanently prohibited from participating in the conduct of the Bank’s 's affairs by an order issued under section Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. '1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 1 contract
Removal. If the Executive is removed from office or and/or permanently prohibited from participating in the conduct of the Bank’s 's or any affiliates' affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, Act (12 U.S.C. ss. 1818(e)(4) or (g)(1)), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order, but vested rights of the parties shall not be affected.
Appears in 1 contract
Samples: Merger Agreement (Community Bank Shares of Indiana Inc)
Removal. If Despite any contrary provisions of this Agreement, if the Executive is removed from office or permanently prohibited from participating in the Bank’s 's affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 1 contract
Samples: Defined Contribution Supplemental Executive Retirement Plan (Southern Michigan Bancorp Inc)
Removal. If the Executive is removed from office or permanently prohibited from participating in the conduct of the Bank’s 's affairs by an order issued under section Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1g)(l), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 1 contract
Samples: Executive Survivor Income Agreement (Fauquier Bankshares Inc)
Removal. If the Executive is removed from office or permanently prohibited from participating in the conduct of the Bank’s 's affairs by an order issued under section Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. Section. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 1 contract
Samples: Executive Survivor Income Agreement (Middlefield Banc Corp)
Removal. If the Executive is removed from office or permanently prohibited from participating in the conduct of the Bank’s 's affairs by an order issued under section Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4Section1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 1 contract
Removal. If the Executive is removed from office or permanently prohibited from participating in the conduct of the Bank’s 's affairs by an order issued under section Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 1 contract
Removal. If the Executive Employee is removed from office or permanently prohibited from participating in the conduct of the Bank’s 's affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(41818 (e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 1 contract
Samples: Executive Survivor Income Agreement (Willow Grove Bancorp Inc/New)
Removal. If the Executive is removed from office or permanently ------- prohibited from participating in the Bank’s 's affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Cooperative Bankshares Inc)
Removal. If the Executive is removed from office or permanently prohibited from participating in the conduct of the Bank’s 's affairs by an order issued under section Section 8(e)(4) or (g)(1g)(l) of the Federal Deposit Insurance Act, 12 U.S.C. §1818(e)(4) or (g)(1g)(l), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 1 contract
Samples: Salary Continuation Agreement (First Northern Community Bancorp)
Removal. If the Executive Officer is removed from office or permanently prohibited from participating in the Bank’s affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 1 contract
Samples: Salary Continuation Agreement (Midcarolina Financial Corp)
Removal. If the Executive is removed from office or and/or permanently prohibited from participating in the conduct of the Bank’s affairs by an order issued under section Section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 1 contract
Samples: Executive Indexed Salary Continuation Plan (Ohio State Bancshares Inc)
Removal. If Despite any contrary provision of this Agreement, if the Executive is removed from office or permanently prohibited from participating in the Bank’s 's affairs by an order issued under section 8(e)(4) or (g)(1) of the Federal Deposit Insurance Act, 12 U.S.C. 1818(e)(4) or (g)(1), all obligations of the Bank under this Agreement shall terminate as of the effective date of the order.
Appears in 1 contract