Determination Letter. The Bank shall apply for a determination letter from the Internal Revenue Service that the Plan and the Trust, taken together, qualify as an employee stock ownership plan for purposes of Section 4975(e)(7) of the Code and the rules and regulations thereunder.
Appears in 7 contracts
Samples: Bay State Bancorp Inc, Northeast Pennsylvania Financial Corp, Bayonne Bancshares Inc
Determination Letter. The Bank shall apply for a determination -------------------- letter from the Internal Revenue Service that the Plan and the Trust, taken together, qualify as an employee stock ownership plan for purposes of Section 4975(e)(7) of the Code and the rules and regulations thereunder.
Appears in 5 contracts
Samples: First Bancorp of Indiana Inc, First Source Bancorp Inc, West Essex Bancorp Inc
Determination Letter. The Bank shall apply for a determination letter -------------------- from the Internal Revenue Service that the Plan and the Trust, taken together, qualify as an employee stock ownership plan for purposes of Section 4975(e)(7) of the Code and the rules and regulations thereunder.
Appears in 2 contracts
Samples: First Lincoln Bancshares Inc, Richmond Country Financial Corp
