Common use of Allocations Not Required to any Specific Employee or Non-Employee Director Clause in Contracts

Allocations Not Required to any Specific Employee or Non-Employee Director. No Employee or Non-Employee Director shall have any right or entitlement to receive a Plan Share Award hereunder, with such Awards being at the total discretion of the Board or the Committee.

Appears in 9 contracts

Samples: 2010 Recognition and Retention Plan and Trust Agreement (Fairmount Bancorp, Inc.), 2003 Recognition and Retention Plan and Trust Agreement (Minden Bancorp, Inc.), Recognition and Retention Plan and Trust Agreement (KNBT Bancorp Inc)

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Allocations Not Required to any Specific Employee or Non-Employee Director. No Notwithstanding anything to the contrary in Sections 6.01 or 6.02 hereof, no Employee or Non-Employee Director shall have any right or entitlement to receive a Plan Share Award hereunder, with such Awards being at the total discretion of the Board or the Committee.

Appears in 1 contract

Samples: 1997 Recognition and Retention Plan and Trust Agreement (Gs Financial Corp)

Allocations Not Required to any Specific Employee or Non-Employee Director. No Employee or Non-Employee Director shall have any right or entitlement to receive a Plan Share Award hereunder, with such Awards being at the total discretion of the Board or the Committee.

Appears in 1 contract

Samples: Recognition and Retention Plan and Trust Agreement (Tierone Corp)

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Allocations Not Required to any Specific Employee or Non-Employee Director. No Employee or Non-Employee Director shall have any right or entitlement to receive a Plan Share Award hereunder, with such as the granting of Awards being at is subject to the total discretion of the Board or the Committee.

Appears in 1 contract

Samples: 1999 Recognition and Retention Plan and Trust Agreement (Ibl Bancorp)

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