Document ID: 16102

Text:
(c) If Executive is removed and/or permanently prohibited from participating in the conduct of the Banks affairs by an order issued under Section 8(e)(4) [ 12 USC 1818 (e)(4)] or 8(g)(1) [ 12 USC 1818 (g)(1)] of the FDI Act, all obligations of the Bank under this Agreement shall terminate as of the effective date of the order, but vested rights of the contracting parties shall not be affected.

Named Entities:
26
37
Regulation
66
67
Act

Tokenized Text:
(
c
)
If
Executive
is
removed
and
/
or
permanently
prohibited
from
participating
in
the
conduct
of
the
Banks
affairs
by
an
order
issued
under
Section
8
(
e
)
(
4
)
[
12
USC
1818
(
e
)
(
4
)
]
or
8
(
g
)
(
1
)
[
12
USC
1818
(
g
)
(
1
)
]
of
the
FDI
Act
,
all
obligations
of
the
Bank
under
this
Agreement
shall
terminate
as
of
the
effective
date
of
the
order
,
but
vested
rights
of
the
contracting
parties
shall
not
be
affected
.