Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a) above, all Plan Shares subject to a Plan Share Award held by a Participant whose employment or service with the Parent, Savings Bank or a Subsidiary terminates due to death or Disability, shall be deemed earned and nonforfeitable as of the Participant's last date of employment or service with the Parent, Savings Bank or Subsidiary and shall be distributed as soon as practicable thereafter.
Appears in 9 contracts
Samples: Guaranty Federal Bancshares Inc, Plan and Trust Agreement (Farnsworth Bancorp Inc), Restricted Stock (Floridafirst Bancorp)
Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a) above, all Plan Shares subject to a Plan Share Award held by a Participant whose employment or service with the Parent, Savings Bank or a Subsidiary terminates due to death or Disability, shall be deemed earned and nonforfeitable as of the Participant's last date of employment or service with the Parent, Savings Bank or a Subsidiary and shall be distributed as soon as practicable thereafter.
Appears in 5 contracts
Samples: Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.), Restricted Stock Plan and Trust Agreement (Osage Federal Financial Inc), Plan and Trust Agreement (American Bancorp of New Jersey Inc)
Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a) above, all Plan Shares subject to a Plan Share Award held by a Participant whose employment or service with the Parent, Savings Bank or a Subsidiary terminates due to death or Disability, shall be deemed earned and nonforfeitable as of the Participant's last date of employment or service with the Parent, Savings Bank or Subsidiary and shall be distributed as soon as practicable thereafter.
Appears in 5 contracts
Samples: And Trust Agreement (Wells Financial Corp), Plan and Trust Agreement (Wells Financial Corp), Floridafirst Bancorp Inc
Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a) above, all Plan Shares subject to a Plan Share Award held by a Participant Recipient whose employment or service with the Parent, Savings Bank or a Subsidiary terminates due to death or Disabilitydisability (as determined by the Committee), shall be deemed earned and nonforfeitable as of the ParticipantRecipient's last date day of employment or service with the Parent, Savings Bank or Subsidiary and shall be distributed as soon as a practicable thereafter.
Appears in 3 contracts
Samples: Swva Bancshares Inc, Guthrie Savings Inc, Beckley Bancorp Inc
Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a) above, all Plan Shares subject to a Plan Share Award held by a Participant whose employment or service with the Parent, Savings Bank Company or a Subsidiary terminates due to death or Disability, shall be deemed earned and nonforfeitable as of the Participant's last date of employment or service with the Parent, Savings Bank Company or a Subsidiary and shall be distributed as soon as practicable thereafter.
Appears in 3 contracts
Samples: Synergy Financial Group Inc, Synergy Financial Group Inc /Nj/, Synergy Financial Group Inc /Nj/
Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a) above, all Plan Shares subject to a Plan Share Award held by a Participant whose employment or service with the Parent, Savings Bank Company or a Subsidiary terminates due to death or Disability, shall be deemed earned and nonforfeitable as of the Participant's last date of employment or service with the Parent, Savings Bank or a Subsidiary and shall be distributed as soon as practicable thereafter.
Appears in 2 contracts
Samples: Community First Bancorp Inc, Community First Bancorp Inc
Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a) above, all Plan Shares subject to a Plan Share Award held by a Participant Recipient whose employment or service with the Parent, Savings Bank or a Subsidiary terminates due to death or Disabilitydisability (as determined by the Committee), shall be deemed earned and nonforfeitable as of the ParticipantRecipient's last date day of employment or service with the Parent, Savings Bank or Subsidiary and shall be distributed as soon as a practicable thereafter.
Appears in 2 contracts
Samples: Thistle Group Holdings Co, First Colorado Bancorp Inc
Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a) above, all Plan Shares subject to a Plan Share Award held by a Participant whose employment or service with the Parent, Savings Bank or a Subsidiary terminates due to death or Disability, shall be deemed earned and nonforfeitable as of the Participant's ’s last date of employment or service with the Parent, Savings the Bank or Subsidiary and shall be distributed as soon as practicable thereafter.
Appears in 1 contract
Samples: Esb Financial Corp
Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a) above, all Plan Shares subject to a Plan Share Award held by a Participant Recipient whose employment or service with the Parent, Savings Bank Association or a Subsidiary terminates due to death or Disabilitydisability (as determined by the Committee), shall be deemed earned and nonforfeitable as of the ParticipantRecipient's last date day of employment or service with the Parent, Savings Bank Association or Subsidiary and shall be distributed as soon as practicable thereafter.
Appears in 1 contract
Samples: NCF Financial Corp /De/
Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a) above, all Plan Shares subject to a Plan Share Award held by a Participant Recipient whose employment or service with the Parent, Savings Bank or a Subsidiary terminates due to death or Disability, shall be deemed earned and nonforfeitable as of the ParticipantRecipient's last date of employment or service with the Parent, Savings Bank or Subsidiary and shall be distributed as soon as practicable thereafter.
Appears in 1 contract
Samples: First Colorado Bancorp Inc
Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a) above, all Plan Shares subject to a Plan Share Award held by a Participant Recipient whose employment or service with the Parent, Savings Bank or a Subsidiary terminates due to death or Disabilitydisability (as determined by the Committee), shall be deemed earned and nonforfeitable as of the ParticipantRecipient's last date day of employment or service with the Parent, Savings Bank or Subsidiary and shall be distributed as soon as a practicable thereafter.
Appears in 1 contract
Samples: GFSB Bancorp Inc
