Common use of Amount and Timing of Contributions Clause in Contracts

Amount and Timing of Contributions. The Board shall determine the amounts (or the method of computing the amounts) to be contributed by the Association to the Trust. Such amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Directors or Employees shall be permitted.

Appears in 3 contracts

Samples: Recognition and Retention Plan (Ohio State Financial Services Inc), Recognition and Retention Plan and Trust Agreement (Ohio State Financial Services Inc), Recognition and Retention Plan and Trust Agreement (Ohio State Financial Services Inc)

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Amount and Timing of Contributions. The Board shall determine the amounts (amounts, or the method of computing the amounts) , to be contributed by the Association Corporation or the Bank to the Trust. Such amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Directors or Employees shall be permitted.

Appears in 2 contracts

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

Amount and Timing of Contributions. The Board shall determine the amounts (or the method of computing the amounts) to be contributed by the Association Company to the Trust. Such amounts shall be paid to the Plan Trustee at the time of contribution. No contributions to the Trust by Directors or Employees Eligible Persons shall be permitted.

Appears in 2 contracts

Samples: Management Recognition Plan and Trust Agreement (Old Guard Group Inc), Management Recognition Plan and Trust Agreement (Mercer Insurance Group Inc)

Amount and Timing of Contributions. The Board shall determine the amounts (or the method of computing the amounts) to be contributed by the Association Holding Company to the Trust. Such amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Directors or Employees shall be permitted.

Appears in 1 contract

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

Amount and Timing of Contributions. The Board shall determine the amounts (or the method of computing the amounts) to be contributed by the Association and its Affiliates to the TrustTrust established under this Plan. Such amounts shall be paid to the Trustee Trustees at the time of contribution. No contributions to the Trust by Directors or Employees shall be permitted.

Appears in 1 contract

Samples: Recognition and Retention Plan and Trust Agreement (First Federal Bankshares Inc)

Amount and Timing of Contributions. The Board of Directors of the Association shall determine the amounts (or the method of computing the amounts) to be contributed by the Association to the TrustTrust established under this Plan. Such amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Directors or Employees shall be permitted.

Appears in 1 contract

Samples: Management Stock Bonus Plan and Trust Agreement (Thistle Group Holdings Co)

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Amount and Timing of Contributions. The Board shall determine the amounts (amounts, or the method of computing the amounts) , to be contributed by the Association Corporation or the Company to the Trust. Such amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Directors or Employees shall be permitted.

Appears in 1 contract

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

Amount and Timing of Contributions. The Board shall determine the amounts (or the method of computing the amounts) to be contributed by the Association Bank to the Trust. Such amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Directors or Employees shall be permitted.

Appears in 1 contract

Samples: Recognition and Retention Plan and Trust Agreement (FFD Financial Corp/Oh)

Amount and Timing of Contributions. The Board shall determine the amounts (or the method of computing the amounts) to be contributed by the Association Corporation to the Trust. Such amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Directors, Directors Emeritus or Employees shall be permitted.

Appears in 1 contract

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

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