; (EE) engaged or participated in any unsafe or unsound practice; or (FF) committed or engaged in any act, omission, or practice that constitutes a breach of the fiduciary duty of that senior executive or director; and (bb) by reason of the violation, practice, or breach described in any subitem of item (aa), that senior executive or director has received financial gain or other benefit, and that violation, practice, or breach contributed to the failure of the insured depository institution. (II) Authorized actions The Corporation may serve upon a senior executive or director with respect to whom the Corporation has made a determination under subclause (I) a written notice of the intention of the Corporation to prohibit any further participation by that individual, in any manner, in the conduct of the affairs of any financial company for a period of time determined by the Corporation to be commensurate with that violation, practice, or breach, except that such period shall be not less than 2 years. (viii) Definitions In this subparagraph: (I) Compensation The term compensation means any direct or indirect financial remuneration received from an insured depository institution, or from a covered affiliate with respect to an insured depository institution, including salary, bonuses, incentives, benefits, severance pay, deferred compensation, golden parachute benefits, benefits derived from an employment contract or other compensation or benefit arrangement, perquisites, stock option plans, post-employment benefits, profits realized from a sale of securities in the insured depository institution or the covered affiliate (as applicable), or any cash or noncash payments or benefits granted to or for the benefit of a senior executive or director. (II) Covered affiliate The term covered affiliate means, with respect to an insured depository institution, any— (aa) bank holding company (as defined in section 2(a) of the Bank Holding Company Act of 1956 ( 12 U.S.C. 1841(a) )) that controls the insured depository institution