Citizens Financial Group, Inc. is an American bank headquartered in Providence, Rhode Island, which operates in the states of Connecticut, Delaware, Maine, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island and Vermont. Between 1988 and its 2014 initial public offering, Citizens was a wholly owned subsidiary of The Royal Bank of Scotland Group. RBS sold its last 20.9% stake in the company in October 2015.
AG Sources
The Company and Executive agree that any dispute arising out of and/or relating to this Agreement shall be resolved pursuant to arbitration before the American Arbitration Association (“AAA”), and that a single arbitrator shall be appointed pursuant to the AAA’s standard procedures. Costs of such arbitration shall initially be borne equally by the parties, although in his/her award the arbitrator may assess such costs, as well as attorneys’ fees, in his or her discretion. The award may be confirmed in any court of competent jurisdiction. The Company and Executive further agree that it could be impossible to measure solely in money the damages which will accrue to the Company by reason of his failure to observe any of the obligations of Sections 6 or 7 of this Agreement. Therefore, without limiting any other remedies that may be available to the Company, Executive hereby specifically affirms the Company’s right to seek of injunctive or other equitable relief in aid of arbitration and acknowledges that nothing contained within this Agreement shall preclude the Company from seeking or receiving any other relief, including without limitation, any form of injunctive or equitable relief. -John Fawcett Employee Agreement (2016)
Links