BENEFIT ACCOUNTING. The Bank shall account for this benefit using the regulatory accounting principles of the Bank's primary federal regulator. The Bank shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be accrued.
BENEFIT ACCOUNTING. The Bank shall account for this benefit using GAAP accounting principles. The Bank shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be accrued.
BENEFIT ACCOUNTING. The Bank shall account for the benefit provided herein using the regulatory accounting principles of the Bank’s primary federal regulator. The Bank shall establish an accrued liability retirement account for the Director into which appropriate reserves shall be accrued. On the date of this agreement, said account shall have a pre-existing liability balance of One Hundred Forty Five Thousand and 00/100th Dollars ($145,000.00).
BENEFIT ACCOUNTING. The Institution shall account for this benefit using the regulatory accounting principles of the Institution's primary federal regulator. The Institution shall establish an accrued liability account for the Director into which appropriate reserves shall be accrued.
BENEFIT ACCOUNTING. The BHC shall account for the benefits under this Agreement using the regulatory accounting principles of the BHC's primary federal regulator as agreed to by the BHC’s independent certified public accounting firm.
BENEFIT ACCOUNTING. The Company shall account for the benefit provided herein using the regulatory accounting principles of the Company's primary federal regulator. The Company shall establish an accrued liability retirement account for the Director into which appropriate reserves shall be accrued.
BENEFIT ACCOUNTING. The Bank shall account for benefits under this Agreement in such manner as it determines, in its discretion, is appropriate, but in any case in accordance with U.S. Generally Accepted Accounting Principals and all applicable regulatory accounting principles of the Bank's primary federal regulator.
BENEFIT ACCOUNTING. Rurban shall account for this benefit using the regulatory accounting principles of Rurban's primary federal regulator. Rurban shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be accrued.
BENEFIT ACCOUNTING. The Bank shall account for this benefit using the regulatory accounting principles of the Bank's primary federal regulator. The Bank shall establish an accrued liability retirement account for the Executive into which appropriate reserves shall be accrued. All amounts credited to the account of the Executive shall be credited as of the last day of each calendar year during the term hereof.
BENEFIT ACCOUNTING
