Common use of Deferred Compensation Account Clause in Contracts

Deferred Compensation Account. The Bank shall establish a Deferred Compensation Account in the name of the Executive and credit that account with the deferrals. The Bank shall also credit interest to the Deferred Compensation Account balance on December 31st of each year. The interest rate credited shall be the Bank's average prime lending rate of each Plan Year.

Deferred Compensation Account. The Bank shall establish a Deferred Compensation Account in the name of the Executive Director and credit that account with the deferrals. The Bank shall also credit interest to the Deferred Compensation Account balance on December 31st of each year. The interest rate credited shall be one hundred and fifty percent (150%) of the Bank's average prime lending rate after-tax yield of each Plan Yeara one- year Treasury Xxxx.

Deferred Compensation Account. The Bank shall establish a Deferred Compensation Account in the name of the Executive Director and credit that account with the deferrals. The Bank shall also credit interest to the Deferred Compensation Account balance on December 31st of each year. The interest rate credited shall be one hundred and fifty percent (150%) of the Bank's average prime lending rate annualized yield of each a one year treasury xxxx for the Plan Year.

Deferred Compensation Account. The Bank shall establish a Deferred Compensation Account in the name of the Executive and credit that account with the deferrals. The Bank shall also credit interest to the Deferred Compensation Account balance on December 31st of each year. The interest rate credited shall be 150% of the Bank's average prime lending rate one-year Treasury xxxx each year, with a minimum interest credited each year of each Plan Yearsix percent (6%).

Deferred Compensation Account. The Bank shall establish a Deferred Compensation Account in the name of the Executive and credit that account with the deferrals. The Bank shall also credit interest to the Deferred Compensation Account balance on December 31st of each year. The interest rate credited shall be one hundred percent (100%) of the Bank's average prime lending rate yield of each Plan Yeara one-year Treasury bill as of the crediting date.

Deferred Compensation Account. The Bank shall establish a Deferred Compensation Account in the name of the Executive Director and credit that account with the deferrals. The Bank shall also credit interest to the Deferred Compensation Account balance on December 31st of each year. The interest rate credited shall be one hundred percent (100%) of the Bank's average prime lending one year treasury rate as of each Plan Yearthe crediting date to a: minimum of six percent (6%).

Deferred Compensation Account. The Bank shall establish a Deferred Compensation Account in the name of the Executive Director and credit that account with the deferrals. The Bank shall also credit interest to the Deferred Compensation Account balance on December 31st of each yearBenefit Year. The interest rate credited shall be one hundred and twenty five percent (125%) of the Bank's average prime lending rate yield of each Plan Yeara one-year Treasury xxxx as of the crediting date.

Deferred Compensation Account. The Bank shall establish a Deferred Compensation Account in the name of the Executive and credit that account with the deferrals. The Bank shall also credit interest to the Deferred Compensation Account balance on December 31st of each year. The interest rate credited shall be one hundred and fifty percent (150%) of the Bank's average prime lending rate yield of each Plan Yeara one- year Treasury Bill as of the crediting date.