Required Regulatory Provision. (a) Notwithstanding anything herein contained to the contrary, any payments to the Executive by the Company or the Bank, whether pursuant to this Agreement or otherwise, are subject to and conditioned upon their compliance with section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. § 1828(k), and any regulations promulgated thereunder.
Appears in 9 contracts
Samples: Employment Agreement (1st United Bancorp, Inc.), Employment Agreement (1st United Bancorp, Inc.), Employment Agreement (1st United Bancorp, Inc.)
Required Regulatory Provision. (a) Notwithstanding anything herein contained to the contrary, any payments to the Executive by the Company or the Bank, whether pursuant to this Agreement or otherwise, are subject to and conditioned upon their compliance with section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. § 1828(kss.1828(k), and any regulations promulgated thereunder.
Appears in 5 contracts
Samples: Employment Agreement (Republic Security Financial Corp), Employment Agreement (Republic Security Financial Corp), Employment Agreement (Republic Security Financial Corp)
Required Regulatory Provision. (a) A. Notwithstanding anything herein contained to the contrary, any payments to the Executive by the Company or the Bank, whether pursuant to this Agreement or otherwise, are subject to and conditioned upon their compliance with section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. § 1828(k), and any other applicable statutes and applicable regulations promulgated thereunder. Nothing in this Agreement shall be construed to subject the Bank or its assets to any contractual obligations undertaken by the Company hereunder or to liability for any breach by the Company.
Appears in 4 contracts
Samples: Employment Agreement (HCBF Holding Company, Inc.), Employment Agreement (HCBF Holding Company, Inc.), Employment Agreement (HCBF Holding Company, Inc.)
Required Regulatory Provision. (a) Notwithstanding anything herein contained to the contrary, any payments to the Executive by the Company or the Bank, whether pursuant to this Agreement or otherwise, are subject to and conditioned upon their compliance with section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. § §1828(k), and any regulations promulgated thereunder.
Appears in 3 contracts
Samples: Employment Agreement (1st United Bancorp, Inc.), Employment Agreement (1st United Bancorp, Inc.), Employment Agreement (1st United Bancorp, Inc.)
Required Regulatory Provision. (a) Notwithstanding anything herein contained to the contrary, any payments to the Executive by the Company or the Bank, whether pursuant to this Agreement or otherwise, are subject to and conditioned upon their compliance with section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. § 1828(kss.1828(k), and any regulations promulgated thereunder.
Appears in 2 contracts
Samples: Employment Agreement (Republic Security Financial Corp), Employment Agreement (Republic Security Financial Corp)
Required Regulatory Provision. (a) Notwithstanding anything herein contained to the contrary, any payments to the Executive Employee by the Company or the BankEmployers, whether pursuant to this Agreement or otherwise, are subject to and conditioned upon their compliance with section Section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. § §1828(k), and any regulations promulgated thereunder.. [Signature Page Follows]
Appears in 2 contracts
Samples: Employment Agreement (HarborOne Bancorp, Inc.), Employment Agreement (HarborOne Bancorp, Inc.)
Required Regulatory Provision. (a) Notwithstanding anything herein contained to the contrary, any payments to the Executive by the Company or the Bank, whether pursuant to this Agreement or otherwise, are subject to and conditioned upon their compliance with section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. § 1828(k), and any regulations promulgated thereunder.
Appears in 1 contract
Samples: Employment Agreement (Republic Security Financial Corp)
Required Regulatory Provision. (a) Notwithstanding anything herein contained to the contrary, any payments made to the Executive you by the Company Bank or the BankCompany, whether pursuant to this Agreement or otherwise, are subject to and conditioned upon their compliance with section Section 18(k) of the Federal Deposit Insurance Act (“FDI Act”), 12 U.S.C. § §1828(k), and any regulations promulgated thereunder.
Appears in 1 contract
Samples: Letter Agreement (New Hampshire Thrift Bancshares Inc)
Required Regulatory Provision. (a) Notwithstanding anything herein contained to the contrary, any payments to the Executive by the Company or the BankCompany, whether pursuant to this Agreement or otherwise, are subject to and conditioned upon their compliance with section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. § 1828(k), and any regulations promulgated thereunder.
Appears in 1 contract
Samples: Employment Agreement (Republic Security Financial Corp)
Required Regulatory Provision. (a) A. Notwithstanding anything herein contained to the contrary, any payments to the Executive by the Company or the BankCompany, whether pursuant to this Agreement or otherwise, are subject to and conditioned upon their compliance with section 18(k) of the Federal Deposit Insurance Act, 12 U.S.C. § 1828(k), and any other applicable statutes and applicable regulations promulgated thereunder. Nothing in this Agreement shall be construed to subject the Bank or its assets to any contractual obligations undertaken by the Company hereunder or to liability for any breach by the Company.
Appears in 1 contract
