Further Reductions. 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 FDIC regulation 12 C.F.R. Part 359, Golden Parachute and Indemnification Payments.
Appears in 11 contracts
Sources: Employment Agreement (Provident Financial Holdings Inc), Employment Agreement (Banner Corp), Employment Agreement (Anchor Bancorp)
Further Reductions. Any payments made to the Employee Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with 12 U.S.C. Section 1828(k) and FDIC regulation 12 C.F.R. Part 359, Golden Parachute and Indemnification Payments.
Appears in 6 contracts
Sources: Employment Agreement (Banner Corp), Employment Agreement (Banner Corp), Employment Agreement (Home Federal Bancorp, Inc.)
Further Reductions. 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 FDIC regulation 12 C.F.R. Part 359, Golden Parachute and Indemnification Payments. Any payments made to the Employee pursuant to this Agreement also are subject to the Employee complying with the requirements of Section 4. If those requirements are not met, then amounts payable under this Section 3 are subject to reduction or reimbursement as provided for in Section 4.
Appears in 5 contracts
Sources: Change in Control Severance Agreement (First Financial Northwest, Inc.), Involuntary Termination Agreement (First Financial Northwest, Inc.), Change in Control Severance Agreement (First Financial Northwest, Inc.)