Common use of TARP Compensation Clause in Contracts

TARP Compensation. In light of restrictions on the manner, form and timing of payment of compensation otherwise applicable to Grantee as a result of TARP Requirements (as defined below), the Company and Grantee agree to the following adjustments to Grantee’s compensation: (a) Cash: The Company will pay to Grantee additional cash compensation (“TARP Cash”), subject to the terms and conditions of this Agreement, for services performed for the Company by Grantee. For 2012, aggregate TARP Cash will be the amount set forth on Schedule A.

TARP Compensation. In light of restrictions on the manner, form and timing of payment of compensation otherwise applicable to Grantee as a result of TARP Requirements (as defined below), the Company and Grantee agree to the following adjustments to Grantee’s compensation: (a) Cash: The Company will pay to Grantee additional cash compensation (“TARP Cash”), subject to the terms and conditions of this Agreement, for services performed for the Company by Grantee. For 20122011, aggregate TARP Cash will be the amount set forth on Schedule A.