; (B) accountability and corporate governance mechanisms and controls such as— (i) directing such senior executives and board of directors to implement reporting or information system or controls and oversee such systems appropriately and prudently; (ii) directing that management does not deviate from sound governance, internal control, or risk management; and (iii) directing that appropriate long-term risk management be tailored to long-term economic conditions; and (C) except as provided in paragraph (2) and subsection (d), in the event of the failure of the depository institution or depository institution holding company, as applicable, clawback authority that permits the board of directors of the depository institution or depository institution holding company (or the equivalent), or, if the Corporation has been appointed receiver or conservator of the depository institution, the Corporation, in its capacity as receiver or conservator, to recover from a senior executive of the depository institution or depository institution holding company who is responsible for the failed condition of the depository institution or depository institution holding company— (i) any bonus, other incentive-based or equity-based compensation, severance pay, or golden parachute benefits received by that senior executive from the depository institution or depository institution holding company during the 24-month period preceding the failure of the depository institution or depository institution holding company; and (ii) any profits realized by that senior executive from the sale of securities of the entity during the 24-month period described in clause (i). (2) Exception Paragraph (1)(C) shall not apply to any senior executive— (A) who has been employed by the depository institution or depository institution holding company for not more than 18 months before the date of the failure of the depository institution or depository institution holding company