Common use of Employee Benefit Plans; Prior Service Credit Clause in Contracts

Employee Benefit Plans; Prior Service Credit. Employees of the Company or a Subsidiary shall be eligible to participate in all Gold Banc employee benefit plans (as defined in Sections 3(3) or 3(37) of ERISA) in accordance with their terms; provided, however, that for purposes of determining eligibility to participate in and vesting of benefits under Gold Banc's employee benefit plans, Gold Banc shall recognize years of service by such employees with the Company or any Subsidiary prior to the Effective Time.

Employee Benefit Plans; Prior Service Credit. Employees of the Company or a Subsidiary the Bank shall be eligible to participate in all Gold Banc employee welfare benefit plans (as defined in Sections 3(3) or 3(37) of ERISA) in accordance with their terms; provided, however, that for purposes of determining eligibility to participate in and vesting of benefits under Gold Banc's employee benefit plans, Gold Banc shall recognize years of service by such employees with the Company or any Subsidiary the Bank prior to the Effective Time.