Exhibit 10.3
FORM OF WAIVER
In consideration for the benefits I will receive as a result of my
employer’s participation in the United States Department of
the Treasury’s TARP Capital Purchase Program, I hereby
voluntarily waive any claim against the United States or any state
or territory thereof or my employer or any of its directors,
officers, employees and agents for any changes to my compensation
or benefits that are required in order to comply with Section
111(b) of the Emergency Economic Stabilization Act of 2008, as
amended (“ EESA ”), and rules, regulations,
guidance or other requirements issued thereunder (collectively, the
“ EESA Restrictions ”).
I
acknowledge that the EESA Restrictions may require modification of
the employment, compensation, bonus, incentive, severance,
retention and other benefit plans, arrangements, policies and
agreements (including so-called “golden parachute”
agreements), whether or not in writing, that I have wi
