ACCRUED LIABILITY RETIREMENT ACCOUNT. The Bank shall account for this benefit using the regulatory accounting principles of the Bank’s primary federal regulator. The Bank shall establish an accrued liability retirement account for the Officer into which appropriate reserves shall be accrued.
Appears in 3 contracts
Samples: Officer Salary Continuation Agreement (Southcrest Financial Group Inc), Officer Salary Continuation Agreement (Southcrest Financial Group Inc), Officer Salary Continuation Agreement (Southcrest Financial Group Inc)
ACCRUED LIABILITY RETIREMENT ACCOUNT. The Bank shall account for this benefit using the regulatory accounting principles of the Bank’s bank's primary federal regulator. The Bank shall establish an accrued liability retirement account Accrued Liability Retirement Account for the Officer Executive into which appropriate reserves shall be accrued.
Appears in 1 contract
Samples: Executive Salary Continuation Agreement (Hampden Bancorp, Inc.)
ACCRUED LIABILITY RETIREMENT ACCOUNT. The Bank shall account for this benefit using the regulatory accounting principles of the Bank’s primary federal regulator. The Bank shall establish an accrued liability retirement account for the Officer Executive into which appropriate reserves shall be accrued.
Appears in 1 contract
Samples: Executive Salary Continuation Agreement (Flag Financial Corp)
