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C » Topics » Termination Events

This excerpt taken from the C 8-K filed Jun 10, 2009.
Termination Events:  The Exchange Agreements can be terminated at any time prior to the consummation of the respective transactions contemplated thereby:
 
 
·
by either the U.S. Treasury or the FDIC, as applicable, or Citigroup if any governmental entity has issued a governmental order or taken any other action restraining, enjoining or otherwise prohibiting the transactions contemplated by the applicable Exchange Agreement and such order, decree, ruling or other action is final and nonappealable;
 
 
·
by mutual written consent of the U.S. Treasury or the FDIC, as applicable, and Citigroup; or
 
 
·
by either the U.S. Treasury or the FDIC, as applicable, or Citigroup if the U.S. Treasury Private Transaction has not occurred by September 18, 2009.
 
In connection with the proposed public exchange offer, Citigroup has filed with the Securities and Exchange Commission (the “
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