Earnings. All earnings, gains and losses with respect to Trust assets shall be allocated in accordance with a reasonable procedure adopted by the Committee, to bookkeeping accounts for Participants or to the general account of the Trust, depending on the nature and allocation of the assets generating such earnings, gains and losses. In particular, any earnings on cash dividends received with respect to shares of Common Stock shall be allocated to accounts for Participants, except to the extent that such cash dividends are distributed to Participants, if such shares are the subject of outstanding Plan Share Awards, or, otherwise to the Plan Share Reserve.
Appears in 34 contracts
Samples: Stock Bonus Plan and Trust Agreement (Wells Financial Corp), Restricted Stock Plan and Trust Agreement (Esb Financial Corp), Restricted Stock Plan and Trust Agreement (Guaranty Federal Bancshares Inc)
Earnings. All earnings, gains and losses with respect to Trust assets shall be allocated in accordance with a reasonable procedure adopted by the Committee, to bookkeeping accounts for Participants Recipients or to the general account of the Trust, depending on the nature and allocation of the assets generating such earnings, gains and losses. In particular, any earnings on cash dividends received with respect to shares of Common Stock shall be allocated to accounts for ParticipantsRecipients, except to the extent that such cash dividends are distributed to ParticipantsRecipients, if such shares are the subject of outstanding Plan Share Awards, or, otherwise to the Plan Share Reserve.
Appears in 9 contracts
Samples: Management Stock Bonus Plan and Trust Agreement (GFSB Bancorp Inc), Management Recognition Plan and Trust Agreement (First Colorado Bancorp Inc), Management Stock Bonus Plan and Trust Agreement (Thistle Group Holdings Co)
Earnings. All earnings, gains and losses with respect to Trust assets shall be allocated allocated, in accordance with a reasonable procedure adopted by the Committee, to bookkeeping accounts for Participants Recipients or to the general account of the Trust, depending on the nature and allocation of the assets generating such earnings, gains and losses. In particular, any earnings on cash dividends received with respect to shares of Common Stock shall be allocated to accounts for Participants, except to the extent that such cash dividends are distributed to ParticipantsRecipients, if such shares are the subject of outstanding Plan Share Awards, or, otherwise to a reserve established by the Plan Share ReservePlan.
Appears in 2 contracts
Samples: Management Development and Recognition Plan and Trust Agreement (Cgb&l Financial Group Inc), Management Development and Recognition Plan and Trust Agreement (CSB Financial Group Inc)
Earnings. All earnings, gains and losses with respect to Trust assets shall be allocated accumulated and reinvested, and shall be allocated, in accordance with a reasonable procedure adopted by the Committee, to bookkeeping accounts for Participants Recipients or to the general account of the Trust, depending on the nature and allocation of the assets generating such earnings, gains and losses. In particular, any earnings on cash dividends received with respect to shares of Common Stock shall be allocated to accounts for Participants, except to the extent that such cash dividends are distributed to ParticipantsRecipients, if such shares are the subject of outstanding Plan Share Awards, or, otherwise to the Plan Share Reserve.
Appears in 1 contract
Samples: Recognition and Retention Plan and Trust Agreement (First Federal Bankshares Inc)
