(a) In general. An Enterprise may not enter into any agreement or contract to provide any payment of money or other thing of current or potential value in connection with the termination of employment of an executive officer unless the agreement or contract is approved in advance by the Director.
CFR 12-1230.4-2014 history
2014CFR 12-1230.4-2014 Banks and banking. Part1230:Executive compensation. Section1230.4:Prior approval of termination agreements of Enterprises.