Status of Deferred Account. Executive agrees that the Bank shall establish and maintain the Deferral Account only as a balance sheet liability account and that the Bank shall have no obligation to deposit or maintain any cash or other assets in a separate or segregated account for the benefit of Executive.
Appears in 5 contracts
Samples: Employment and Confidentiality Agreement (Community West Bancshares /), Employment and Confidentiality Agreement (Community West Bancshares /), Indemnification Agreement (Community West Bancshares /)
Status of Deferred Account. Executive agrees that the -------------------------- Bank shall establish and maintain the Deferral Account only as a balance sheet liability account and that the Bank shall have no obligation to deposit or maintain any cash or other assets in a separate or segregated account for the benefit of Executive.
Appears in 1 contract
