; or (ii) receive any salary or benefits for service in any such capacity with respect to a bridge payment stablecoin issuer in addition to such salary or benefits as are obtained through employment with the Corporation or such Federal instrumentality. (7) Duration of bridge payment stablecoin issuer Subject to paragraphs (8) and (9), the status of a bridge payment stablecoin issuer as such shall terminate at the end of the 2-year period following the date it was granted a charter. The Board of Directors of the Corporation may, in its discretion, extend the status of the bridge payment stablecoin issuer as such for 3 additional 1-year periods. (8) Termination of bridge payment stablecoin issuer status The status of any bridge payment stablecoin issuer as such shall terminate upon the earliest of— (A) the merger or consolidation of the bridge issuer with a payment stablecoin issuer that is not a bridge issuer; (B) at the election of the Corporation, the sale of a majority of the capital stock of the bridge payment stablecoin issuer to an entity other than the Corporation and other than another bridge issuer; (C) the sale of 80 percent, or more, of the capital stock of the bridge payment stablecoin issuer to an entity other than the Corporation and other than another bridge issuer; (D) at the election of the Corporation, either the assumption of all or substantially all of the payment stablecoin liabilities of the bridge payment stablecoin issuer by another payment stablecoin issuer, or the acquisition of all or substantially all of the assets of the bridge issuer by a payment stablecoin issuer that is not a bridge issuer, or other entity as permitted under applicable law