Amendments or Additions. No amendments or additions to this Agreement shall be binding unless in writing and signed by both parties. The prior approval by a two-thirds affirmative vote of the full Board of Directors of OFG shall be required in order for OFG to authorize any amendments or additions to this Agreement, to give any consent or waivers of provisions of this Agreement, or to take any other action under this Agreement.
Appears in 14 contracts
Sources: Change in Control Compensation Agreement (Ofg Bancorp), Change in Control Compensation Agreement (Oriental Financial Group Inc), Change in Control Compensation Agreement (Oriental Financial Group Inc)
Amendments or Additions. 10.1 No amendments or additions to this Agreement shall be binding unless in writing and signed by both parties. The prior approval by a two-thirds affirmative vote of the full Board of Directors of OFG shall be required in order for OFG the Company to authorize any amendments or additions to this Agreement, to give any consent or waivers of provisions of this Agreement, or to take any other action under this AgreementAgreement including any termination of the employment of the President and CEO with or without just cause under Section 6.1 hereof.
Appears in 7 contracts
Sources: Employment Agreement (Ofg Bancorp), Employment Agreement (Ofg Bancorp), Employment Agreement (Ofg Bancorp)
Amendments or Additions. ACTION BY BOARD. No amendments or additions to this the Agreement shall be binding unless in writing and signed by both partiesall parties hereto. The prior approval by a two-thirds affirmative vote of the full Board of Directors of OFG shall be required in order for OFG the Company to authorize any amendments or additions to this Agreement, to give any consent consents or waivers of provisions of this the Agreement, or to take any other action under this AgreementAgreement including any Notice of Termination.
Appears in 2 contracts
Sources: Employment Agreement (Conversion Technologies International Inc), Employment Agreement (Conversion Technologies International Inc)
Amendments or Additions. 10.1 No amendments or additions to this Agreement shall be binding unless in writing and signed by both parties. The prior approval by a two-thirds an affirmative vote of the majority of the full Board of Directors of OFG shall be required in order for OFG to authorize any amendments or additions to this Agreement, to give any consent or waivers of provisions of this Agreement, or to take any other action under this AgreementAgreement including any termination of the employment of the Executive Officer with or without just cause under Section 6.1 hereof.
Appears in 2 contracts
Sources: Employment Agreement (Oriental Financial Group Inc), Employment Agreement (Oriental Financial Group Inc)
Amendments or Additions. 10.1 No amendments or additions to this Agreement shall be binding unless in writing and signed by both parties. The prior approval by a two-thirds affirmative vote of the full Board of Directors of OFG the Company shall be required in order for OFG the Company to authorize any amendments or additions to this Agreement, to give any consent or waivers of provisions of this Agreement, or to take any other action under this AgreementAgreement including any termination of the employment of the President with or without just cause under Section 6.1 hereof.
Appears in 1 contract
Sources: Employment Agreement (Oriental Financial Group Inc)
Amendments or Additions. No amendments or additions to this Agreement shall be binding unless in writing and signed by both parties. The prior approval by a two-βthirds affirmative vote of the full Board of Directors of OFG shall be required in order for OFG to authorize any amendments or additions to this Agreement, to give any consent or waivers of provisions of this Agreement, or to take any other action under this Agreement.
Appears in 1 contract
Sources: Change in Control Compensation Agreement (Oriental Financial Group Inc)
Amendments or Additions. 10.1 No amendments or additions to this Agreement shall be binding unless in writing and signed by both parties. The prior approval by a two-thirds affirmative vote of the full Board of Directors of OFG the Company shall be required in order for OFG the Company to authorize any amendments or additions to this Agreement, to give any consent or waivers of provisions of this Agreement, or to take any other action under this AgreementAgreement including any termination of the employment of the President and CEO with or without just cause under Section 6.1 hereof.
Appears in 1 contract
Sources: Employment Agreement (Oriental Financial Group Inc)
Amendments or Additions. 10.1 No amendments or additions to this Agreement shall be binding unless in writing and signed by both parties. The prior approval by a two-thirds affirmative vote of the full Board of Directors of OFG the Company shall be required in order for OFG the Company to authorize any amendments or additions to this Agreement, to give any consent or waivers of provisions of this Agreement, or to take any other action under this Agreement.Agreement including any termination of this Agreement with or without just cause under Section 6.1 hereof,
Appears in 1 contract