Common use of Distribution of Dividends Clause in Contracts

Distribution of Dividends. Any cash dividends declared in respect of each Plan Share held by the Trust will be paid by the Trust, as soon as practicable after the Trust’s receipt thereof, to the Recipient on whose behalf such Plan Share is then held by the Trust.

Appears in 4 contracts

Samples: Esb Financial Corp, Esb Financial Corp, Esb Financial Corp

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Distribution of Dividends. Any cash dividends or stock dividends ------------------------- declared in respect of each Plan Share held by the Trust will be paid by the Trust, as soon as practicable after the Trust’s 's receipt thereof, to the Recipient on whose behalf such Plan Share is then held by the Trust.

Appears in 1 contract

Samples: WVS Financial Corp

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