Common use of ESTABLISHMENT OF RABBI TRUST Clause in Contracts

ESTABLISHMENT OF RABBI TRUST. The Bank intends to establish a rabbi trust into which the Bank intends to contribute assets which shall be held therein, subject to the claims of the Bank's creditors in the event of the Bank's "

Appears in 5 contracts

Samples: Executive Supplemental Retirement Income Agreement (Prestige Financial Corp), Supplemental Retirement Income Agreement (Alliance Bancorp), Non Qualified Supplemental Executive Retirement Agreement (QCR Holdings Inc)

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ESTABLISHMENT OF RABBI TRUST. The Bank intends to may establish a rabbi trust into which the Bank intends to may contribute assets which shall be held therein, subject to the claims of the Bank's creditors in the event of the Bank's "

Appears in 2 contracts

Samples: Supplemental Retirement (United Financial Bancorp Inc), Georgetown Bancorp, Inc.

ESTABLISHMENT OF RABBI TRUST. The Bank intends to may establish a rabbi trust into which the Bank intends to may contribute assets which shall be held therein, subject to the claims of the Bank's ’s creditors in the event of the Bank's "’s “insolvency,” as defined in the trust agreement, until the contributed assets are paid to Executive in such manner and at such times as specified in this Plan. It is the intention of the Bank to make contributions to the rabbi trust to provide the Bank with a source of funds to assist it in meeting the liabilities of this Plan.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Plan (Lake Shore Bancorp, Inc.), Supplemental Executive Retirement Plan (Lake Shore Bancorp, Inc.)

ESTABLISHMENT OF RABBI TRUST. The Bank intends to shall establish a rabbi trust into which the Bank intends to shall contribute assets which shall be held therein, pursuant to the agreement which establishes such rabbi trust. The contributed assets shall be subject to the claims of the Bank's creditors in the event of the Bank's "

Appears in 2 contracts

Samples: Community Bancorp of New Jersey, United National Bancorp

ESTABLISHMENT OF RABBI TRUST. The Bank intends to may establish a rabbi trust into which the Bank intends to may contribute assets which shall be held thereinheld, subject to the claims of the Bank's creditors in the event of the Bank's "

Appears in 2 contracts

Samples: Supplemental Executive Retirement Agreement (Sound Federal Bancorp Inc), Non Qualified Supplemental Executive Retirement Agreement (Sound Federal Bancorp Inc)

ESTABLISHMENT OF RABBI TRUST. The Bank intends to establish a rabbi trust into which the Bank intends to shall contribute assets which shall be held therein, subject to the claims of the Bank's creditors in the event of the Bank's "

Appears in 1 contract

Samples: And (First Bancorp of Indiana Inc)

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ESTABLISHMENT OF RABBI TRUST. The Bank intends to establish has established a rabbi trust into which the Bank intends to shall contribute assets which shall be held therein, subject to the claims of the Bank's creditors in the event of the Bank's "

Appears in 1 contract

Samples: Directors' Retirement Plan (Dsa Financial Corp)

ESTABLISHMENT OF RABBI TRUST. The Bank intends to may establish a rabbi trust into which the Bank intends to may contribute assets which shall be held therein, subject to the claims of the Bank's ’s creditors in the event of the Bank's "’s “insolvency” as defined in the trust agreement, until the contributed assets are paid to Executive in such manner and at such times as specified in this Plan. It is the intention of the Bank to make contributions to the rabbi trust to provide the Bank with a source of funds to assist it in meeting the liabilities of this Plan.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan (Lake Shore Bancorp, Inc.)

ESTABLISHMENT OF RABBI TRUST. The Bank intends to shall establish a rabbi trust into which the Bank intends to shall contribute assets which shall be held therein, pursuant to the agreement which establishes such rabbi trust (the "rabbi trust agreement"). The Bank intends to make a contribution or contributions to the rabbi trust to provide the Bank with a source of funds to assist it in meeting its obligations under this Agreement. The trust assets shall be subject to the claims of the Bank's creditors in the event of the Bank's "

Appears in 1 contract

Samples: And (First Bancorp of Indiana Inc)

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