Common use of Eligibility to Participate Clause in Contracts

Eligibility to Participate. The Board of Directors in its sole discretion shall designate from time to time Participants that are eligible to participate in this Plan. The Board may delegate this authority to management.

Appears in 5 contracts

Samples: Life Insurance Endorsement Method Split Dollar Plan Agreement (First Farmers & Merchants Corp), Group Term Carve Out Plan (First Farmers & Merchants Corp), Group Term Carve Out Plan (First Farmers & Merchants Corp)

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Eligibility to Participate. The Board of Directors in its sole discretion shall designate from time to time Participants that are eligible to participate in this Plan. The Board may delegate this authority to management.

Appears in 2 contracts

Samples: Group Term Replacement Agreement (Tower Bancorp Inc), Group Term Replacement Agreement (Tower Bancorp Inc)

Eligibility to Participate. The Board of Directors in its sole discretion shall designate from time to time Participants executives that are eligible to participate in this Plan. The Board may delegate this authority to management.

Appears in 1 contract

Samples: Executive Death Benefit Plan (Fairfield County Bank Corp.)

Eligibility to Participate. The Board of Directors Trustees in its sole discretion shall designate from time to time Participants that are eligible to participate in this Plan. The Board may delegate this authority to management.

Appears in 1 contract

Samples: Group Term Carve Out Plan (Laurel Capital Group Inc)

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Eligibility to Participate. The Board of Directors in its sole sale discretion shall designate from time to time Participants that are eligible to participate in this Plan. The Board may delegate this authority to management.

Appears in 1 contract

Samples: Group Term Carve Out Plan (Wayne Savings Bancshares Inc /De/)

Eligibility to Participate. The Board of Directors in its sole discretion shall designate from time to time the Participants that are eligible to participate in this Plan. The Board may delegate this authority to management.

Appears in 1 contract

Samples: Group Term Carve Out Plan (Yadkin Valley Financial Corp)

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