Common use of Cost of Funds Expense Clause in Contracts

Cost of Funds Expense. The “Cost of Funds Expense” for any Plan Year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above plus the amount of any after-tax benefits paid to the Executive pursuant to this Agreement (Paragraph III hereinafter) plus the amount of all previous years after-tax Costs of Funds Expense, and multiplying that sum by the average after-tax cost of funds of the Bank’s third quarter Call Report for the Plan Year as filed with the Federal Reserve.

Cost of Funds Expense. The “Cost of Funds Expense” Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above plus the amount of any after-tax benefits paid to the Executive pursuant to this Agreement (Paragraph III hereinafter) plus the amount of all previous years after-tax Costs of Funds Expense, and multiplying that sum by the average after-tax cost of funds of the Bank’s 's third quarter Call Report for the Plan Year as filed with the Federal Reserve.

Cost of Funds Expense. The “Cost of Funds Expense” Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above plus the amount of any after-tax benefits paid to the Executive pursuant to this Agreement (Paragraph III hereinafter) plus the amount of all previous years after-tax Costs of Funds Expense, and multiplying that sum by the average after-tax cost of funds of the Bank’s third quarter Call Report Federal Funds for the Plan Year as filed with quoted in the Federal ReserveWall Street Journal.

Cost of Funds Expense. The “Cost of Funds Expense” Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above plus the amount of any after-tax benefits paid to the Executive pursuant to this Agreement (Paragraph III hereinafter) plus the amount of all previous years after-tax Costs of Funds Expense, and multiplying that sum by the average after-tax cost of funds of the Bank’s 's third quarter Call Report for the Plan Year as filed with the Federal Reserve.

Cost of Funds Expense. The “Cost of Funds Expense” Expense for any Plan Year year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above plus the amount of any after-tax benefits paid to the Executive Director pursuant to this Agreement (Paragraph III hereinafter) plus the amount of all previous years after-tax Costs of Funds Expense, and multiplying that sum by the average after-tax cost Cost of funds Funds of the Bank’s 's third quarter Call Report for the Plan Year as filed with the Federal ReserveOffice of the Comptroller of the Currency.

Cost of Funds Expense. The “Cost of Funds Expense” Expense for any Plan Year the year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above (Exhibit “A”) plus the amount of any after-tax benefits paid to the Executive any Director pursuant to this Agreement the Plan (Paragraph III II hereinafter) plus the amount of all previous years after-tax Costs of Funds Expense, and multiplying that sum by the average annualized after-tax cost Cost of funds Funds of the Bank’s third quarter Call Report for the Plan Year as filed with the Federal ReserveBank’s primary regulatory agency.

Cost of Funds Expense. The “Cost of Funds Expense” Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above plus the amount of any after-tax benefits paid to the Executive pursuant to this Agreement (Paragraph III hereinafter) plus the amount of all previous years after-tax Costs of Funds Expense, and multiplying that sum by the average after-tax cost of funds of percentage rate as calculated from the Bank’s 's third quarter Call Report for the Plan Year as filed with the Federal Reserve.. I.

Cost of Funds Expense. The “Cost of Funds Expense” Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above plus the amount of any after-tax benefits paid to the Executive pursuant to this Agreement (Paragraph III hereinafter) plus the amount of all previous years after-tax Costs of Funds Expense, and multiplying that sum by the average after-tax cost yield of funds of the Bank’s third quarter Call Report a one-year Treasury xxxx for the Plan Year as filed with the Federal ReserveYear.

Cost of Funds Expense. The “Cost of Funds Expense” Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above plus the amount of any after-tax benefits paid to the Executive pursuant to this Agreement (Paragraph III hereinafter) plus the amount of all previous years after-tax Costs of Funds Expense, and multiplying that sum by the average after-tax cost of funds of the Bank’s third quarter Call Report Federal Reserve discount rate for the Plan Year as filed with the Federal ReserveYear.

Cost of Funds Expense. The “Cost of Funds Expense” Expense for any Plan Year year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above plus the amount of any after-tax benefits paid to the Executive Director pursuant to this Agreement (Paragraph III II hereinafter) plus the amount of all previous years after-tax Costs of Funds Expense, and multiplying that sum by the average after-tax cost Cost of funds Funds of the Bank’s 's third quarter Call Report for the Plan Year as filed with the Federal ReserveReserve or other primary federal regulator.

Cost of Funds Expense. The “Cost of Funds Expense” Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above plus the amount of any after-tax benefits paid to the thin Executive pursuant to this Agreement (Paragraph III hereinafter) plus the amount of all previous years after-tax talc Costs of Funds Expense, and multiplying that sum by the average after-tax tag cost of funds of the Bank’s 's third quarter Call Report for the Plan Year as filed with the Federal Reserve.

Cost of Funds Expense. The “Cost of Funds Expense” Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above One Million Three Hundred and Five thousand and No/100ths Dollars plus the amount of any after-tax benefits paid to the Executive pursuant to this Agreement (Paragraph III hereinafter) plus the amount of all previous years after-tax Costs of Funds Expense, and multiplying that sum by the average after-tax cost of funds yield of the Bank’s third quarter Call Report two-year Treasury bill for the Plan Year as filed with the Federal Reserveplus .375%.

Cost of Funds Expense. The “Cost of Funds Expense” Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies policy described above plus the amount of any after-tax benefits paid to the Executive any Director pursuant to this Agreement the Plan (Paragraph III II hereinafter) plus the amount of all previous years after-tax Costs of Funds Expense, and multiplying that sum by the average after-tax cost of funds of as calculated using the Bank’s 's third quarter Call Report for the Plan Year as filed with the Federal Reserve.

Cost of Funds Expense. The “Cost of Funds Expense” Expense for any Plan Year shall be calculated by taking the sum of the amount of premiums set forth in the Indexed policies described above plus the amount of any after-tax benefits paid to the Executive Director pursuant to this Agreement (Paragraph III hereinafter) plus the amount of all previous years after-tax Costs of Funds Expense, and multiplying that sum by the average after-tax cost of funds of the Bank’s 's third quarter Call Report for the Plan Year as filed with the Federal Reserve.