Termination or Suspension Under Federal Law. Any payments made to the Employee pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(k) and any regulations promulgated thereunder.
Appears in 8 contracts
Samples: Employment Agreement (HCB Bancshares Inc), Employment Agreement (HCB Bancshares Inc), Employment Agreement (First South Bancorp Inc /Va/)
Termination or Suspension Under Federal Law. Any payments made to the Employee pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(k) and any regulations promulgated thereunder.
Appears in 3 contracts
Samples: Executive Severance Agreement (Coastal Bancorp Inc), Executive Severance Agreement (Coastal Bancorp Inc), Change in Control Severance Agreement (Coastal Bancorp Inc)
Termination or Suspension Under Federal Law. Any payments made to the Employee pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(kSec.1828(k) and any regulations promulgated thereunder.
Appears in 1 contract
Samples: Executive Severance Agreement (Coastal Bancorp Inc)
Termination or Suspension Under Federal Law. Any payments made to the Employee pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(k) and any regulations promulgated thereunderthereunder and shall not exceed applicable limits under Office of Thrift Supervision Regulatory Bulletin 27a.
Appears in 1 contract
