Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections 6.02 and 6.05, or the decision of the Committee to return Plan Shares to the Parent, the Plan Share Reserve shall be reduced by the number of Shares subject to the Awards so allocated or returned. Any Shares subject to an Award which are not earned because of forfeiture by the Participant pursuant to Section 7.01 shall be added to the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS
Appears in 13 contracts
Samples: Restricted Stock Plan and Trust Agreement (Osage Bancshares, Inc.), Restricted Stock Plan (Floridafirst Bancorp Inc), Restricted Stock Plan and Trust Agreement (Eureka Financial Corp)
Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections 6.02 and 6.056.03 after acquisition by the Trustee of such shares, or the decision of the Committee to return Plan Shares to the ParentHolding Company, the Plan Share Reserve shall be reduced by the number of Plan Shares subject to the Awards so allocated or returned. Any Shares shares subject to an Award which are may not be earned because of a forfeiture by the Participant Recipient pursuant to Section 7.01 shall be added returned (added) to the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS.
Appears in 11 contracts
Samples: Recognition and Retention Plan and Trust Agreement (Union Community Bancorp), Recognition and Retention Plan and Trust Agreement (Union Community Bancorp), Recognition and Retention Plan and Trust Agreement (Lincoln Bancorp /In/)
Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections 6.02 and 6.05, or the decision of the Committee to return Plan Shares to the Parent, the Plan Share Reserve shall be reduced by the number of Shares subject to the Awards so allocated or returned. Any Shares subject to an Award which are not earned because of forfeiture by the Participant pursuant to Section 7.01 shall be added to the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS.
Appears in 8 contracts
Samples: Stock Bonus Plan and Trust Agreement (Wells Financial Corp), Restricted Stock Plan and Trust Agreement (Guaranty Federal Bancshares Inc), Restricted Stock Plan and Trust Agreement (Esb Financial Corp)
Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections Section 6.02 and 6.05of this Agreement, or the decision of the Committee to return Plan Shares to the ParentCorporation, the Plan Share Reserve shall be reduced by the number of Plan Shares subject to the Awards so allocated or returned. Any Plan Shares subject to an Award which are not earned because of is subject to forfeiture by the Participant Recipient pursuant to Section 7.01 of this Agreement shall be added to retained in the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS.
Appears in 8 contracts
Samples: Recognition and Retention Plan and Trust Agreement (Columbia Financial of Kentucky Inc), Recognition and Retention Plan and Trust Agreement (Ohio State Financial Services Inc), Recognition and Retention Plan and Trust Agreement (Columbia Financial of Kentucky Inc)
Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections 6.02 and 6.05Section 6.02, or the decision of the Committee to return Plan Shares to the Parent, the Plan Share Reserve shall be reduced by the number of Shares subject to the Awards so allocated or returned. Any Shares subject to an Award which are may not be earned because of forfeiture by the Participant Recipient pursuant to Section 7.01 shall be added to the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS
Appears in 5 contracts
Samples: Management Stock Bonus Plan and Trust Agreement (GFSB Bancorp Inc), Management Stock Bonus Plan and Trust Agreement (NCF Financial Corp /De/), Management Stock Bonus Plan and Trust Agreement (Swva Bancshares Inc)
Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections 6.02 and 6.05, or the decision of the Committee to return Plan Shares to the ParentCompany, the Plan Share Reserve shall be reduced by the number of Shares subject to the Awards so allocated or returned. Any Shares subject to an Award which are not earned because of forfeiture by the Participant pursuant to Section 7.01 shall be added to the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS
Appears in 5 contracts
Samples: Stock Bonus Plan and Trust Agreement (Synergy Financial Group Inc /Nj/), Restricted Stock Plan and Trust Agreement (Synergy Financial Group Inc /Nj/), Restricted Stock Plan and Trust Agreement (Synergy Financial Group Inc /Nj/)
Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections 6.02 and 6.05, or the decision of the Committee to return Plan Shares to the Savings Bank or the Parent, the Plan Share Reserve shall be reduced by the number of Shares subject to the Awards so allocated or returned. Any Shares subject to an Award which are not earned because of forfeiture by the Participant pursuant to Section 7.01 shall be added to the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS
Appears in 3 contracts
Samples: Restricted Stock Plan and Trust Agreement (PHSB Financial Corp), Restricted Stock Plan and Trust Agreement (Roebling Financial Corp Inc), Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.)
Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections 6.02 and 6.05, or the decision of the Committee to return Plan Shares to the ParentSavings Bank, the Plan Share Reserve shall be reduced by the number of Shares subject to the Awards so allocated or returned. Any Shares subject to an Award which are not earned because of forfeiture by the Participant pursuant to Section 7.01 shall be added to the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS
Appears in 2 contracts
Samples: Restricted Stock Plan and Trust Agreement (PHSB Financial Corp), Restricted Stock Plan and Trust Agreement (Skibo Financial Corp)
Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections 6.02 and 6.05, or the decision of the Committee to return Plan Shares to the Savings Bank or the Parent, the Plan Share Reserve shall be reduced by the number of Shares subject to the Awards so allocated or returned. Any Shares subject to an Award which are not earned because of forfeiture by the Participant pursuant to Section 7.01 shall be added to the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS.
Appears in 2 contracts
Samples: Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.), Restricted Stock Plan and Trust Agreement (PHS Bancorp Inc)
Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections 6.02 and 6.05, or the decision of the Committee to return Plan Shares to the ParentSection 6.02, the Plan Share Reserve shall be reduced by the number of Plan Shares subject to the Plan Share Awards so allocated or returnedallocated. Any Plan Shares subject to an a Plan Share Award which are not may no longer be earned because of a forfeiture by the Participant Recipient pursuant to Section 7.01 Sections 7.01(b) or 7.01(c) shall be added to the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS.
Appears in 2 contracts
Samples: Management Recognition Plan and Trust Agreement (Old Guard Group Inc), Management Recognition Plan and Trust Agreement (Mercer Insurance Group Inc)
Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections 6.02 and 6.05Section 6.02, or the decision of the Committee to return Plan Shares to the ParentSavings Bank, the Plan Share Reserve shall be reduced by the number of Shares subject to the Awards so allocated or returned. Any Shares subject to an Award which are may not be earned because of forfeiture by the Participant Recipient pursuant to Section 7.01 shall be added to the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS
Appears in 2 contracts
Samples: Management Recognition Plan and Trust Agreement (First Colorado Bancorp Inc), Management Stock Bonus Plan and Trust Agreement (Thistle Group Holdings Co)
Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections Section 6.02 and 6.05, or the decision of the Committee to return Plan Shares to the Parent, the Plan Share Reserve shall be reduced by the number of Shares subject to the Awards so allocated or returnedallocated. Any Shares subject to an Award which are may not be earned because of a forfeiture by the Participant Recipient pursuant to Section 7.01 shall be added returned (added) to the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS.
Appears in 1 contract
Samples: Recognition and Retention Plan (Reliance Bancshares Inc)
Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections 6.02 and 6.05Section 6.02, or the decision of the Committee to return Plan Shares to the ParentBank, the Plan Share Reserve shall be reduced by the number of Shares subject to the Awards so allocated or returned. Any Shares subject to an Award which are may not be earned because of a forfeiture by the Participant Recipient pursuant to Section 7.01 shall be added returned (added) to the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS.
Appears in 1 contract
Samples: Recognition and Retention Plan and Trust Agreement (Camden National Corp)
Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections 6.02 and 6.05Awards, or the decision of the Committee to return Plan Retention Shares to the ParentCompany, the Plan Share Reserve shall be reduced by the number of Retention Shares subject to the Awards so allocated or returned. Any Retention Shares subject to an Award which are not earned because of forfeiture that is forfeited by the Participant pursuant to Section 7.01 the Plan shall be added returned to the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS.
Appears in 1 contract
Samples: Trust Agreement (Greenville Federal Financial CORP)
Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections Section 6.02 and 6.05of this Agreement, or the decision of the Committee to return Plan Shares to the ParentHolding Company, the Plan Share Reserve shall be reduced by the number of Plan Shares subject to the Awards so allocated or returned. Any Plan Shares subject to an Award which are not earned because of is subject to forfeiture by the Participant Recipient pursuant to Section 7.01 of this Agreement shall be added to retained in the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS.
Appears in 1 contract
Samples: Management Recognition Plan and Trust Agreement (Southern Community Bancshares Inc)
Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections 6.02 and 6.05, or the decision of the Committee to return Plan Shares to the Parent, the Plan Share Reserve shall be reduced by the number of Shares subject to the Awards so allocated or returned. Any Shares subject to an Award which are not be earned because of forfeiture by the Participant Recipient pursuant to Section 7.01 shall be added to the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS
Appears in 1 contract
Samples: Management Stock Bonus Plan and Trust Agreement (First Colorado Bancorp Inc)
Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections 6.02 and 6.05Section 6.02, or the decision of the Committee to return Plan Shares to the ParentAssociation, the Plan Share Reserve shall be reduced by the number of Shares subject to the Awards so allocated or returned. Any Shares subject to an Award which are may not be earned because of forfeiture by the Participant Recipient pursuant to Section 7.01 shall be added to the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS
Appears in 1 contract
Samples: Management Stock Bonus Plan and Trust Agreement (Thistle Group Holdings Co)
Effect of Allocations, Returns and Forfeitures Upon Plan Share Reserves. Upon the allocation of Plan Share Awards under Sections 6.02 and 6.05Section 6.02, or the decision of the Committee to return Plan Shares to the ParentSavings Bank, the Plan Share Reserve shall be reduced by the number of Shares subject to the Awards so allocated or returned. Any Shares shares subject to an Award which are that may not be earned because of a forfeiture by the Participant Recipient pursuant to Section 7.01 shall be added returned to the Plan Share Reserve. Article VI ---------- ELIGIBILITY; ALLOCATIONS.
Appears in 1 contract
Samples: Recognition and Retention Plan (Guaranty Federal Bancshares Inc)
