Common use of ALLOCATIONS NOT REQUIRED TO ANY SPECIFIC EMPLOYEE Clause in Contracts

ALLOCATIONS NOT REQUIRED TO ANY SPECIFIC EMPLOYEE. Notwithstanding anything to the contrary in Section 6.02 hereof, no Employee shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the total discretion of the Board of Directors or the Committee.

Appears in 5 contracts

Samples: Management Recognition Plan and Trust Agreement (Fidelity Financial of Ohio Inc), Management Recognition Plan and Trust Agreement (Jacksonville Bancorp Inc), Recognition and Retention Plan and Trust Agreement (Gs Financial Corp)

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ALLOCATIONS NOT REQUIRED TO ANY SPECIFIC EMPLOYEE. Notwithstanding anything to the contrary in Section 6.02 6.01 hereof, no Employee shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the total discretion of the Board of Directors or the Committee.

Appears in 4 contracts

Samples: Recognition and Retention Plan for Officers and Trust Agreement (Esb Financial Corp), Recognition and Retention Plan for Officers and Trust Agreement (Esb Financial Corp), Management Recognition Plan and Trust Agreement (Finger Lakes Bancorp Inc)

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ALLOCATIONS NOT REQUIRED TO ANY SPECIFIC EMPLOYEE. Notwithstanding anything to the contrary in Section Sections 6.01 or 6.02 hereof, no nor Employee not Non-Employee Director shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the total discretion of the Board of Directors or the Committee.

Appears in 2 contracts

Samples: Recognition and Retention Plan and Trust Agreement (Icarus International Inc), Recognition and Retention Plan and Trust Agreement (Icarus International Inc)

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