Related Clauses

Mitigation Not Required
Required Not required
Allocation of Charges
Other Allocations
Allocations of Net Income and Net Loss
Limitation on Allocation of Net Loss
Payments Generally; Allocations of Proceeds; Pro Rata Treatment; Sharing of Set-offs
Allocation of Proceeds
Allocations of Net Profits and Net Losses
Timing and Amount of Allocations of Net Income and Net Loss

Parent Clauses

Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves
Eligibility Allocations
Duration
Limitation on Liability
Eligibility and Allocations
No Deferral of Compensation Under Section 409A of the Code
Administration of the Plan

Sub-Clauses

Distribution of Plan Shares
Revocation for Misconduct
Timing of Distributions
General Rules
Withholding
Form of Distribution
Trust
Earnings
Management of Trust
Records and Accounts

Allocations Not Required. None of the Directors or Employees, either individually or as a group, shall have any right or entitlement to receive an Award under the Plan. The Committee may, with the approval of the Board, and shall, if so directed by the Board, return all Common Shares and other assets in the Plan Share Reserve to the Corporation at any time and thereafter cease issuing Awards.

Appears in 8 contracts

Samples: Recognition and Retention Plan (Market Financial Corp), Recognition and Retention Plan and Trust Agreement (FFD Financial Corp/Oh), Recognition and Retention Plan and Trust Agreement (Ohio State Financial Services Inc)

Allocations Not Required. None of the Directors or Employees, either individually or as a group, shall have any right or entitlement to receive an ~~Award under the Plan~~Award. The Committee may, with the approval of the Board, and shall, if so directed by the Board, return all Common Shares and other assets in the Plan Share Reserve to the Corporation at any time and thereafter cease issuing Awards.

Appears in 3 contracts

Samples: Recognition and Retention Plan and Trust Agreement (United Community Financial Corp), Recognition and Retention Plan (Home Loan Financial Corp), Recognition and Retention Plan and Trust Agreement (Home Loan Financial Corp)

Allocations Not Required. None of the Directors or Employees, either individually or as a group, shall have any right or entitlement to receive an Award under the Plan. The Committee may, with the approval of the Board, and shall, if so directed by the Board, return all Common Shares and other assets in the Plan Share Reserve to the ~~Corporation~~ Holding Company at any time and thereafter cease issuing Awards.

Appears in 1 contract

Samples: Management Recognition Plan and Trust Agreement (Southern Community Bancshares Inc)

Common use of Allocations Not Required Clause in Contracts