Withholdings and Deductions. All payments made under this Agreement by the Bank shall be subject to all required federal, state and local withholdings and such deductions as Executive may instruct the Bank to take that are authorized by applicable law.
Appears in 3 contracts
Samples: Executive Employment Agreement (Crescent Financial Corp), Executive Employment Agreement (Crescent Financial Corp), Executive Employment Agreement (Crescent Financial Corp)
Withholdings and Deductions. All payments made under this Agreement by the Bank or, as applicable, the Company shall be subject to all required federal, state and local withholdings and such deductions as Executive may instruct the Bank to take that are authorized by applicable law.
Appears in 2 contracts
Samples: Executive Employment Agreement (Crescent Financial Corp), Executive Employment Agreement (Crescent Financial Corp)