Effective Date of Adjustments. For all purposes of this Plan, allocations to the Participants' Company Contributions Accounts under this Article shall be deemed to have been made on the Effective Date or Valuation Date to which they relate although they may actually be determined at some later date. The fact that such allocations are made, however, shall not vest in any Participant or in his spouse or other Beneficiary any right, title or interest in or to any part of the Fund except at the times, to the extent and on the terms and conditions specified in this Plan.
Appears in 8 contracts
Samples: Employee Stock Ownership Plan and Trust Agreement (Third Century Bancorp), Employee Stock Ownership Plan and Trust Agreement (River Valley Bancorp), Employee Stock Ownership Plan and Trust Agreement (City Savings Financial Corp)
Effective Date of Adjustments. For all purposes of this Plan, allocations to the Participants' ’ Company Contributions Accounts under this Article shall be deemed to have been made on the Effective Date or Valuation Date to which they relate although they may actually be determined at some later date. The fact that such allocations are made, however, shall not vest in any Participant or in his spouse or other Beneficiary any right, title or interest in or to any part of the Fund except at the times, to the extent and on the terms and conditions specified in this Plan.
Appears in 1 contract
Samples: Employee Stock Ownership Plan and Trust Agreement (Union Community Bancorp)
