Common use of Aggregation of Plans Clause in Contracts

Aggregation of Plans. If the Bank offers other non-account balance deferred compensation plans or agreements in addition to this Agreement, those plans and agreements together with this Agreement shall be considered as a single plan to the extent required under Code Section 409A for any purposes under the Agreement as Code Section 409A shall require.

Appears in 4 contracts

Samples: Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.), Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.), Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.)

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