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 [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 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 [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 ’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.

Bank Contribution. Except to the extent Section 1.3 applies, for each Plan Year beginning on or after [date] 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 ’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.

Bank Contribution. Except to the extent Section 1.3 applies, for each Plan Year beginning on or after [date] 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 ’s Base Salary, as in effect as of the beginning of the Plan Year; and (b) 2. Ten percent (10%) of the Executive's ’s Bonus.