ESTABLISHMENT OF THE PLAN AND TRUST. 2.01 The Corporation hereby establishes a Recognition and Retention Plan and Trust upon the terms and subject to the conditions set forth in this Agreement. 2.02 The Trustee hereby accepts the Trust and agrees to hold the Trust assets existing on the date of this Agreement and all additions and accretions thereto upon the terms and conditions of this Agreement.
Appears in 7 contracts
Samples: Recognition and Retention Plan (Home Loan Financial Corp), Recognition and Retention Plan and Trust Agreement (Columbia Financial of Kentucky Inc), Recognition and Retention Plan and Trust Agreement (Home Loan Financial Corp)
ESTABLISHMENT OF THE PLAN AND TRUST. 2.01 The Corporation Holding Company hereby establishes a Management Recognition and Retention Plan and Trust upon the terms and subject to the conditions set forth in this Agreement.
2.02 . The Trustee hereby accepts the Trust and agrees to hold the Trust assets existing on the date of this Agreement and all additions and accretions thereto upon the terms and conditions of this Agreement.
Appears in 1 contract
Samples: Management Recognition Plan and Trust Agreement (Southern Community Bancshares Inc)