Common use of Bank Contribution Clause in Contracts

Bank Contribution. Except to the extent Section 1.3 applies, for each Plan Year beginning on or after January 1, 2016, the Bank shall credit, consistent with Section 4.2(a) of the EDCP Adoption Agreement, the Executive's Deferred Compensation Account with the following amount: (a) Ten percent (10%) of the Executive’s Base Salary, as in effect as of the beginning of the Plan Year; and (b) Ten percent (10%) of the Executive’s Bonus.

Bank Contribution. Except to the extent Section 1.3 applies, for each Plan Year beginning on or after January 1, 2016, 01/01/2022 the Bank shall credit, consistent with Section 4.2(a) of the EDCP Adoption Agreement, the Executive's ’s Deferred Compensation Account with the following amount: (a) 1. Ten percent (10%) of the Executive’s Base Salary, as in effect as of the beginning of the Plan Year; and (b) 2. Ten percent (10%) of the Executive’s Bonus.

Bank Contribution. Except to the extent Section 1.3 applies, for each Plan Year beginning on or after January 1, 2016, [date] the Bank shall credit, consistent with Section 4.2(a) of the EDCP Adoption Agreement, the Executive's ’s Deferred Compensation Account with the following amount: (a) Ten percent (10%) of the Executive’s Base Salary, as in effect as of the beginning of the Plan Year; and (b) Ten percent (10%) of the Executive’s Bonus.

Bank Contribution. Except to the extent Section 1.3 applies, for each Plan Year beginning on or after January 1, 2016, [date] the Bank shall credit, consistent with Section 4.2(a) of the EDCP Adoption Agreement, the Executive's Deferred Compensation Account with the following amount: (a) Ten percent (10%) of the Executive’s 's Base Salary, as in effect as of the beginning of the Plan Year; and (b) Ten percent (10%) of the Executive’s 's Bonus.