Distribution of Dividends. Any cash dividends declared in respect of each Plan Share held by the Trust will be paid by the Trust, as soon as practicable after the Trust’s receipt thereof, to the Recipient on whose behalf such Plan Share is then held by the Trust.
Appears in 4 contracts
Samples: Recognition and Retention Plan for Officers and Trust Agreement (Esb Financial Corp), Recognition and Retention Plan for Directors and Trust Agreement (Esb Financial Corp), Recognition and Retention Plan for Directors and Trust Agreement (Esb Financial Corp)
Distribution of Dividends. Any cash dividends or stock dividends declared in respect of each Plan Share held by the Trust will be paid by the Trust, as soon as practicable after the Trust’s 's receipt thereof, to the Recipient on whose behalf such Plan Share is then held by the Trust.
Appears in 3 contracts
Samples: Recognition and Retention Plan and Trust Agreement (First Keystone Financial Inc), Management Recognition Plan and Trust Agreement (Jacksonville Bancorp Inc), Management Recognition Plan and Trust Agreement (Finger Lakes Bancorp Inc)
Distribution of Dividends. Any cash dividends or stock dividends ------------------------- declared in respect of each Plan Share held by the Trust will be paid by the Trust, as soon as practicable after the Trust’s 's receipt thereof, to the Recipient on whose behalf such Plan Share is then held by the Trust.
Appears in 1 contract
Samples: Recognition and Retention Plan and Trust Agreement (WVS Financial Corp)
