Amount and Timing of Contributions. The Board shall determine the amount (or the method of computing the amount) and timing of any contributions by the Corporation and any Subsidiary Companies to the Trust established under this Plan. Such amounts may be paid in cash or in shares of Common Stock and shall be paid to the Trust at the designated time of contribution. No contributions by Employees or Non-Employee Directors shall be permitted.
Appears in 11 contracts
Samples: 2010 Recognition and Retention Plan and Trust Agreement (Fairmount Bancorp, Inc.), 2003 Recognition and Retention Plan and Trust Agreement (Minden Bancorp, Inc.), 2005 Recognition and Retention Plan and Trust Agreement (Home Federal Bancorp, Inc. Of Louisiana)
Amount and Timing of Contributions. The Board shall determine the amount (or the method of computing the amount) and timing of any contributions by the Corporation and any Subsidiary Companies Subsidiaries to the Trust established under this Plan. Such amounts may be paid in cash or in shares of Common Stock and shall be paid to the Trust at the designated time of contribution. No contributions by Employees or Non-Employee Directors shall be permitted.
Appears in 6 contracts
Samples: 1997 Recognition and Retention Plan and Trust Agreement (Gs Financial Corp), 1999 Recognition and Retention Plan and Trust Agreement (Ibl Bancorp), 1999 Recognition and Retention Plan and Trust Agreement (Community Savings Bankshares Inc /De/)
Amount and Timing of Contributions. The Board shall determine the amount (or the method of computing the amount) and timing of any contributions by the Corporation and any Subsidiary Companies Subsidiaries to the Trust established under this Plan. Such amounts may be paid in cash or in shares of Common Stock and shall be paid to the Trust at the designated time of contribution. No contributions by Employees or Non-Employee Directors shall be permitted.
Appears in 5 contracts
Samples: Management Recognition Plan and Trust Agreement (Jacksonville Bancorp Inc), Recognition and Retention Plan and Trust Agreement (Pittsburgh Home Financial Corp), Management Recognition Plan and Trust Agreement (First Defiance Financial Corp)
Amount and Timing of Contributions. The Board shall determine the amount amounts (or the method of computing the amountamounts) and timing of any contributions to be contributed by the Corporation and any Subsidiary Companies to the Trust established under this PlanTrust. Such amounts may be paid in cash or in shares of Common Stock and shall be paid to the Trust Trustee at the designated time of contribution. No contributions to the Trust by Directors or Employees or Non-Employee Directors shall be permitted.
Appears in 4 contracts
Samples: Recognition and Retention Plan (Market Financial Corp), Recognition and Retention Plan and Trust Agreement (Columbia Financial of Kentucky Inc), Recognition and Retention Plan and Trust Agreement (Columbia Financial of Kentucky Inc)
Amount and Timing of Contributions. The Board shall determine the amount (or the method of computing the amount) and timing of any contributions by the Corporation and any Subsidiary Companies Subsidiaries to the Trust established under this Plan. Such amounts may be paid in cash or in shares of Common Stock and shall be paid to the Trust at the designated time of contribution. No contributions by Employees or Non-Employee Directors shall be permitted.
Appears in 4 contracts
Samples: Recognition and Retention Plan for Officers and Trust Agreement (Esb Financial Corp), Recognition and Retention Plan and Trust Agreement (First Keystone Financial Inc), Recognition and Retention Plan for Officers and Trust Agreement (Esb Financial Corp)
Amount and Timing of Contributions. The Board of Directors of the Company shall determine the amount amounts (or the method of computing the amountamounts) and timing of any contributions to be contributed by the Corporation and any Subsidiary Companies Company to the Trust established under this Plan. Such amounts may be paid in cash or in shares of Common Stock and shall be paid to the Trust Trustee at the designated time of contribution. No contributions to the Trust by Employees or Non-Employee Directors Participants shall be permittedpermitted except with respect to amounts necessary to meet tax withholding obligations.
Appears in 3 contracts
Samples: Stock Bonus Plan and Trust Agreement (Synergy Financial Group Inc /Nj/), Restricted Stock Plan and Trust Agreement (Synergy Financial Group Inc), Restricted Stock Plan and Trust Agreement (Synergy Financial Group Inc /Nj/)
Amount and Timing of Contributions. The Board shall determine the amount (or the method of computing the amount) and timing of any contributions by the Corporation and any Subsidiary Companies to the Trust established under this Plan. Such amounts may be paid in cash or in shares of Common Stock and shall be paid to the Trust at the designated time of contribution. No contributions by Employees or Non-Employee employee Directors shall be permitted.
Appears in 2 contracts
Samples: Recognition and Retention Plan for Directors and Trust Agreement (Esb Financial Corp), Recognition and Retention Plan for Directors and Trust Agreement (Esb Financial Corp)
Amount and Timing of Contributions. The Board shall determine the amount amounts (or the method of computing the amountamounts) and timing of any contributions to be contributed by the Corporation Company and any Subsidiary Companies its Subsidiaries to the Trust established under this Plan. Such amounts may be paid in cash or in shares of Common Stock and shall be paid to the Trust at the designated time of contribution. No contributions by Employees or Non-Employee Directors Recipients shall be permitted.
Appears in 2 contracts
Samples: Management Development and Recognition Plan and Trust Agreement (CSB Financial Group Inc), Management Development and Recognition Plan and Trust Agreement (Cgb&l Financial Group Inc)
Amount and Timing of Contributions. The Board shall determine the amount (or the method of computing the amount) and timing of any contributions by the Corporation Company and any Subsidiary Companies Subsidiaries to the Trust established under this Plan. Such amounts may be paid in cash or in shares of Common Stock and shall be paid to the Trust at the designated time of contribution. No contributions by Employees or Non-Employee Directors shall be permitted.
Appears in 1 contract
Samples: Management Recognition Plan and Trust Agreement (Jacksonville Bancorp Inc)
Amount and Timing of Contributions. The Board of Directors of the Company shall determine the amount amounts (or the method of computing the amountamounts) and timing of any contributions to be contributed by the Corporation and any Subsidiary Companies Company to the Trust established under this Plan. Such contribution amounts may be paid in cash or in shares of Common Stock and shall be paid to the Trust Trustee at the designated time of contribution. No contributions to the Trust by Employees or Non-Employee Directors Participants shall be permittedpermitted except with respect to amounts necessary to meet tax withholding obligations.
Appears in 1 contract
Samples: Restricted Stock Plan and Trust Agreement (Synergy Financial Group Inc /Nj/)
Amount and Timing of Contributions. The Board shall determine the ---------------------------------- amount (or the method of computing the amount) and timing of any contributions by the Corporation and any Subsidiary Companies Subsidiaries to the Trust established under this Plan. Such amounts may be paid in cash or in shares of Common Stock and shall be paid to the Trust at the designated time of contribution. No contributions by Employees or Non-Employee Directors shall be permitted.
Appears in 1 contract
Samples: Recognition and Retention Plan and Trust Agreement (WVS Financial Corp)
Amount and Timing of Contributions. The Board shall determine the amount (or the method of computing the amount) and timing of any contributions by the Corporation Savings Bank and any Subsidiary Companies Subsidiaries to the Trust established under this Plan. Such amounts may be paid in cash or in shares of Common Stock and shall be paid to the Trust at the designated time of contribution. No contributions by Employees or Non-Employee Directors shall be permitted.
Appears in 1 contract
Samples: Management Recognition Plan and Trust Agreement (Finger Lakes Bancorp Inc)
