Amount and Timing of Contributions. The Board of Directors of the Savings Bank shall determine the amounts (or the method of computing the amounts) to be contributed by the Savings Bank to the Trust established under this Plan. Such amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Participants shall be permitted except with respect to amounts necessary to meet tax withholding obligations.
Appears in 13 contracts
Samples: Restricted Stock Plan and Trust Agreement (Guaranty Federal Bancshares Inc), Restricted Stock Plan and Trust Agreement (Floridafirst Bancorp), Restricted Stock Plan (Floridafirst Bancorp Inc)
Amount and Timing of Contributions. The Board of Directors of the Savings Bank shall determine the amounts (or the method of computing the amounts) to be contributed by the Savings Bank to the Trust established under this Plan. Such contribution amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Participants shall be permitted except with respect to amounts necessary to meet tax withholding obligations.
Appears in 8 contracts
Samples: Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.), Restricted Stock Plan and Trust Agreement (Community First Bancorp Inc), Restricted Stock Plan and Trust Agreement (Community First Bancorp Inc)
Amount and Timing of Contributions. The Board of Directors of the Savings Bank shall determine the amounts (or the method of computing the amounts) to be contributed by the Savings Bank to the Trust established under this Plan. Such amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Participants Employees shall be permitted except with respect to amounts necessary to meet tax withholding obligationspermitted.
Appears in 6 contracts
Samples: Management Stock Bonus Plan and Trust Agreement (GFSB Bancorp Inc), Management Stock Bonus Plan and Trust Agreement (Guthrie Savings Inc), Management Stock Bonus Plan and Trust Agreement (Thistle Group Holdings Co)
Amount and Timing of Contributions. The Board of Directors of the Savings Bank shall determine the amounts (or the method of computing the amounts) to be contributed by the Savings Bank to the Trust established under this Plan. Such amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Participants shall be permitted except with respect to amounts necessary to meet tax withholding obligations.
Appears in 4 contracts
Samples: Restricted Stock Plan and Trust Agreement (Esb Financial Corp), Restricted Stock Plan and Trust Agreement (Bucs Financial Corp), Restricted Stock Plan and Trust Agreement (Floridafirst Bancorp Inc)
Amount and Timing of Contributions. The Board of Directors of the Savings Bank shall determine the amounts (number of shares of Common Stock or the method amount of computing the amounts) cash to be contributed by the Savings Bank to the Trust established under this Plan. Such amounts contributions to the Trust shall be paid delivered to the Trustee at the time of such contribution. No contributions to the Trust by Participants shall be permitted except with respect to amounts necessary to meet tax withholding obligations.
Appears in 3 contracts
Samples: Restricted Stock Plan and Trust Agreement (PHSB Financial Corp), Stock Bonus Plan and Trust Agreement (Farnsworth Bancorp Inc), Stock Bonus Plan and Trust Agreement (Farnsworth Bancorp Inc)
Amount and Timing of Contributions. The Board of Directors of the Savings Bank shall determine the amounts (or the method of computing the amounts) to be contributed by the Savings Bank to the Trust established under this Plan. Such amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Participants Recipients shall be permitted except with respect to amounts necessary to meet tax withholding obligations.
Appears in 1 contract
Samples: Management Stock Bonus Plan and Trust Agreement (First Colorado Bancorp Inc)
Amount and Timing of Contributions. The Board of Directors of the Savings Bank shall determine the amounts (or the method of computing the amounts) to be contributed by the Savings Bank to the Trust established under this Plan. Such amounts shall be paid to the Trustee Trustees at the time of contribution. No contributions to the Trust by Participants Employees or Directors shall be permitted except with respect to amounts necessary to meet tax withholding obligationspermitted.
Appears in 1 contract
Samples: Recognition and Retention Plan (Guaranty Federal Bancshares Inc)
Amount and Timing of Contributions. The Board of Directors of the Savings Bank Association shall determine the amounts (or the method of computing the amounts) to be contributed by the Savings Bank Association to the Trust established under this Plan. Such amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Participants Employees shall be permitted except with respect to amounts necessary to meet tax withholding obligationspermitted.
Appears in 1 contract
Samples: Management Stock Bonus Plan and Trust Agreement (NCF Financial Corp /De/)
