Compliance with Regulatory Restrictions Clause Example with 5 Variations from Business Contracts

This page contains Compliance with Regulatory Restrictions clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Compliance with Regulatory Restrictions. Notwithstanding anything to the contrary herein, and in addition to any restrictions stated above, any compensation or other benefits paid to the Executive shall be limited to the extent required by any federal or state regulatory agency having authority over the Bank or, if applicable, the Company. The Executive agrees that compliance by the Bank or the Company with such regulatory restrictions, even to the extent that compensation or other benefits paid to the Executive are limited, shall not ...be a breach of this Agreement by such entity. View More
Found in HCSB FINANCIAL CORP contract

Variations of a "Compliance with Regulatory Restrictions" Clause from Business Contracts

Compliance with Regulatory Restrictions. Notwithstanding anything to the contrary herein, and in addition to any restrictions stated above, in Section 13 hereof, any compensation or other benefits paid to the Executive Employee shall be limited to the extent required by any federal or state regulatory agency having authority over the Bank or, if applicable, Company or the Company. Employer. The Executive Employee agrees that compliance by the Bank Company or the Company Employer with such regulatory restrictions, even to the extent tha...t compensation or other benefits paid to the Executive Employee are limited, shall not be a breach of this Agreement by such entity. the Company or the Employer. View More
Found in SOUTHERN FIRST BANCSHARES INC contract
Compliance with Regulatory Restrictions. Notwithstanding anything to the contrary herein, and in addition to any restrictions stated above, any compensation or other benefits paid to the Executive shall be limited to the extent required by any federal or state regulatory agency having authority over the Bank Company or, if applicable, the Company. Bank. The Executive agrees that compliance by the Bank Company or the Company Bank with such regulatory restrictions, even to the extent that compensation or other benefits paid to the Execut...ive are limited, shall not be a breach of this Agreement by the Company or the Bank. The Executive agrees that such entity. restrictions include any restrictions applicable due to the Company's participation in the Treasury's Troubled Asset Relief Program - Capital Purchase Program (the "CPP"). View More
Found in HCSB FINANCIAL CORP contract
Compliance with Regulatory Restrictions. Notwithstanding anything to the contrary herein, and in addition to any restrictions stated above, in Section 3 hereof, any compensation or other benefits paid to the Executive shall be limited to the extent required by any federal or state regulatory agency having authority over the Bank or, if applicable, the Company. Employer. The Executive agrees that compliance by the Bank or the Company Employer with such regulatory restrictions, even to the extent that compensation or other benefits paid ...to the Executive are limited, shall not be a breach of this Agreement by such entity. the Employer. View More
Found in GREER BANCSHARES INC contract
Compliance with Regulatory Restrictions. Notwithstanding anything to the contrary herein, and in addition to any restrictions stated above, any compensation or other benefits paid to the Executive shall be limited to the extent required by any federal or state regulatory agency having authority over the Bank or, if applicable, the Company. The Executive agrees that compliance by the Bank or the Company with such regulatory restrictions, even to the extent that compensation or other benefits paid to the Executive are limited, shall not ...be a breach of this Agreement by such entity. The Executive agrees that such restrictions include any restrictions applicable due to the Company's participation in the Treasury's Troubled Asset Relief Program - Capital Purchase Program (the "CPP"). View More
Found in 2 Contracts from HCSB FINANCIAL CORP
Compliance with Regulatory Restrictions. Notwithstanding anything to the contrary herein, and in addition to any restrictions stated above, in Section 4 hereof, any compensation or other benefits paid to the Executive shall be limited to the extent required by any federal or state regulatory agency having authority over the Bank or, if applicable, the Company. Bank. The Executive agrees that compliance by the Bank or the Company with such regulatory restrictions, even to the extent that compensation or other benefits paid to the Execut...ive are limited, shall not be a breach of this Agreement by such entity. the Bank. View More
Found in 6 Contracts from FIRST COMMUNITY CORP