Allocations Not Required. Notwithstanding anything to the contrary at Sections 6.01, 6.02 or 6.05, no Employee shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the sole discretion of the Committee and the Board, nor shall the Employees as a group have such a right. The Committee may, with the approval of the Board (or, if so directed by the Board) return all Common Stock in the Plan Share Reserve to the Savings Bank at any time, and cease issuing Plan Share Awards.
Appears in 16 contracts
Samples: Guaranty Federal Bancshares Inc, Restricted Stock (Floridafirst Bancorp), Restricted Stock (Roebling Financial Corp, Inc.)
Allocations Not Required. Notwithstanding anything to the contrary at in Sections 6.01, 6.02 or 6.056.01 and 6.02, no Employee or Outside Director shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the sole total discretion of the Committee and the BoardCommittee, nor shall the Employees or Outside Directors as a group have such a right. The Committee may, with the approval of the Board (or, if so directed by the Board, shall) return all Common Stock in the Plan Share Reserve not yet allocated to the Savings Bank Holding Company at any time, and cease issuing Plan Share Awards.
Appears in 7 contracts
Samples: Union Community Bancorp, Third Century Bancorp, Citizens Bancorp
Allocations Not Required. Notwithstanding anything to the contrary at in Sections 6.01, 6.02 or 6.056.01 and 6.02, no Employee shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the sole total discretion of the Committee and the Board, nor shall the Employees as a group have such a right. The Committee may, with the approval of the Board (or, if so directed by the Board) return all Common Stock in the Plan Share Reserve to the Savings Bank at any time, and cease issuing Plan Share Awards.
Appears in 6 contracts
Samples: First Colorado Bancorp Inc, Guthrie Savings Inc, Swva Bancshares Inc
Allocations Not Required. Notwithstanding anything to the contrary at Sections 6.01, 6.02 or 6.05, no Employee Eligible Participant shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the sole discretion of the Committee and the Board, nor shall the Employees Eligible Participant as a group have such a right. The Committee may, with the approval of the Board (or, if so directed by the Board) return all Common Stock in the Plan Share Reserve to the Savings Bank at any time, and cease issuing Plan Share Awards.
Appears in 5 contracts
Samples: Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.), Restricted Stock Plan and Trust Agreement (Osage Federal Financial Inc), Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.)
Allocations Not Required. Notwithstanding anything to the contrary at Sections 6.01, 6.02 or 6.05, no Employee shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the sole discretion of the Committee and the Board, nor shall the Employees as a group have such a right. The Committee may, with the approval of the Board (or, if so directed by the Board) return all Common Stock in the Plan Share Reserve to the Savings Bank at any time, and cease issuing Plan Share Awards.
Appears in 3 contracts
Samples: Esb Financial Corp, Floridafirst Bancorp Inc, Reserve Bancorp Inc
Allocations Not Required. Notwithstanding anything to the contrary at Sections 6.01, 6.02 or 6.05, no Employee shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the sole discretion of the Committee and the Board, nor shall the Employees as a group have such a right. The Committee may, with the approval of the Board (or, if so directed by the Board) return all Common Stock in the Plan Share Reserve to the Savings Bank Company at any time, and cease issuing Plan Share Awards.
Appears in 3 contracts
Samples: Synergy Financial Group Inc, Synergy Financial Group Inc /Nj/, Synergy Financial Group Inc /Nj/
Allocations Not Required. Notwithstanding anything to the contrary at Sections 6.01, 6.02 or 6.05, no Employee Eligible Participant shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the sole discretion of the Committee and the Board, nor shall the Employees Eligible Participants as a group have such a right. The Committee may, with the approval of the Board (or, if so directed by the Board) return all Common Stock in the Plan Share Reserve to the Savings Bank at any time, and cease issuing Plan Share Awards.
Appears in 2 contracts
Samples: And Trust Agreement (Wells Financial Corp), Plan and Trust Agreement (Wells Financial Corp)
Allocations Not Required. Notwithstanding anything to the contrary at in Sections 6.01, 6.01 and 6.02 or Section 6.05, no Employee shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the sole total discretion of the Committee and the Board, nor shall the Employees as a group have such a right. The Committee may, with the approval of the Board (or, if so directed by the Board) return all Common Stock in the Plan Share Reserve to the Savings Bank Association at any time, and cease issuing Plan Share Awards.
Appears in 1 contract
Samples: NCF Financial Corp /De/
Allocations Not Required. Notwithstanding anything to the contrary at Sections 6.01, 6.02 or 6.05, no Employee Employee, Director and Directors Emeritus shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the sole discretion of the Committee and the Board, nor shall the Employees Employees, Directors and Directors Emeritus as a group have such a right. The Committee may, with the approval of the Board (or, if so directed by the Board) return all Common Stock in the Plan Share Reserve to the Savings Bank at any time, and cease issuing Plan Share Awards.
Appears in 1 contract
Samples: Bucs Financial Corp
Allocations Not Required. Notwithstanding anything to the contrary at in Sections 6.01, 6.02 or 6.056.01 and 6.02, no Employee or Outside Director shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the sole total discretion of the Committee and the BoardCommittee, nor shall the Employees as a group have such a right. The Committee may, with the approval of the Board (or, if so directed by the Board, shall) return all Common Stock in the Plan Share Reserve not yet allocated to the Savings Bank Holding Company at any time, and cease issuing Plan Share Awards.
Appears in 1 contract
Samples: Citizens Bancorp
Allocations Not Required. Notwithstanding anything to the contrary at in Sections 6.01, 6.02 or 6.056.01 and 6.02, no Employee shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the sole total discretion of the Committee and the Board, nor shall the Employees as a group have such a right. The Committee may, with the approval of the Board (or, if so directed by the Board) return all Common Stock in the Plan Share Reserve to the Savings Bank Association at any time, and cease issuing Plan Share Awards.
Appears in 1 contract
Samples: Thistle Group Holdings Co
Allocations Not Required. Notwithstanding anything to the ------------------------ contrary at in Sections 6.01, 6.02 or 6.056.01 and 6.02, no Employee shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the sole total discretion of the Committee and the Board, nor shall the salaried Employees as a group have such a right. The Committee may, with the approval of the Board (or, if so directed by the Board, shall) return all Common Stock in the Plan Share Reserve to the Savings Bank Company at any time, and cease issuing Plan Share Awards.
Appears in 1 contract
Samples: Harbor Florida Bancorp Inc
Allocations Not Required. Notwithstanding anything to the contrary at in Sections 6.01, 6.02 or 6.056.01 and 6.02, no Employee shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the sole total discretion of the Committee and the Board, nor shall the salaried Employees as a group have such a right. The Committee may, with the approval of the Board (or, if so directed by the Board, may) return all Common Stock in the Plan Share Reserve to the Savings Bank Company at any time, and cease issuing Plan Share Awards.
Appears in 1 contract
Samples: And Retention Plan and Trust Agreement (Camden National Corp)
Allocations Not Required. Notwithstanding anything to the contrary at in Sections 6.01, 6.02 or 6.056.01 and 6.02, no Employee Recipient shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the sole total discretion of the Committee and the Board, nor shall the Employees salaried Recipients as a group have such a right. The Committee mayCommittee, with the approval of the Board (or, or if so directed by the Board) ), may return all Common Stock in the Plan Share Reserve to the Savings Bank at any time, and cease issuing Plan Share Awards.
Appears in 1 contract
Samples: Guaranty Federal Bancshares Inc
Allocations Not Required. Notwithstanding anything to the contrary at in Sections 6.01, 6.02 or 6.02, and 6.05, no Employee shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the sole total discretion of the Committee and the Board, nor shall the Employees as a group have such a right. The Committee may, with the approval of the Board (or, if so directed by the Board) return all Common Stock in the Plan Share Reserve to the Savings Bank at any time, and cease issuing Plan Share Awards.
Appears in 1 contract
Samples: First Colorado Bancorp Inc
Allocations Not Required. Notwithstanding anything to the contrary at in Sections 6.01, 6.02 or 6.056.01 and 6.02, no Employee shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the sole total discretion of the Committee and the Board, nor shall the salaried Employees as a group have such a right. The Committee mayCommittee, with the approval of the Board (or, or if so directed by the Board) ), may return all Common Stock in the Plan Share Reserve to the Savings Bank Association at any time, and cease issuing Plan Share Awards.
Appears in 1 contract
Samples: First Federal Bankshares Inc