Section 280G Payments. Neither the execution of this Agreement nor the consummation of the transactions contemplated hereby will result in any payment that would be deemed an “excess parachute payment” under Section 280G of the Code.
Appears in 5 contracts
Sources: Merger Agreement (Community Financial Shares Inc), Merger Agreement (QCR Holdings Inc), Merger Agreement (First Community Financial Partners, Inc.)
Section 280G Payments. Neither the execution of this Agreement nor the consummation of the transactions contemplated hereby will result in any payment by First Community or the Wholly Owned Bank that would be deemed an “excess parachute payment” under Section 280G of the Code.
Appears in 3 contracts
Sources: Merger Agreement (First Community Financial Partners, Inc.), Merger Agreement (First Community Financial Partners, Inc.), Merger Agreement (First Community Financial Partners, Inc.)