Exception for Terminations Due to Death or Disability. All Plan Shares and cash dividends, returned capital and earnings thereon subject to an Award held by a Recipient whose service as a Director or Employee of the Corporation, the Association or any Subsidiary terminates due to (i) death or (ii) disability (as determined by the Committee) shall be deemed fully earned and non-forfeitable as of the later of the Recipient's last day of service as a Director or as an Employee and shall be distributed as soon as practicable thereafter.
Appears in 3 contracts
Samples: Recognition and Retention Plan (Ohio State Financial Services Inc), Recognition and Retention Plan and Trust Agreement (Ohio State Financial Services Inc), Recognition and Retention Plan and Trust Agreement (Ohio State Financial Services Inc)
Exception for Terminations Due to Death or Disability. All Plan Shares and cash dividends, returned capital and earnings thereon subject to an Award held by a Recipient whose service as a Director or Employee of the Corporation, the Association or any Subsidiary terminates due to (i) death or (ii) disability (as determined by the Committee) shall be deemed fully earned and non-forfeitable as of the later of the Recipient's last day of service as a Director or as an Employee and shall be distributed as soon as practicable thereafter.
Appears in 3 contracts
Samples: Recognition and Retention Plan and Trust Agreement (United Community Financial Corp), Recognition and Retention Plan and Trust Agreement (Home Loan Financial Corp), Recognition and Retention Plan (Home Loan Financial Corp)
Exception for Terminations Due to Death or Disability. All Plan Shares and cash dividends, returned capital and earnings thereon subject to an Award held by a Recipient whose service as a Director or Employee of the Corporation, the Association Bank or any a Subsidiary terminates due to (i) death or (ii) disability (as determined by the Committee) shall be deemed fully earned and non-forfeitable as of the later of the Recipient's last day of service as a Director or as an Employee and shall be distributed as soon as practicable thereafter.
Appears in 3 contracts
Samples: Recognition and Retention Plan and Trust Agreement (Columbia Financial of Kentucky Inc), Recognition and Retention Plan and Trust Agreement (Columbia Financial of Kentucky Inc), Recognition and Retention Plan and Trust Agreement (FFD Financial Corp/Oh)
Exception for Terminations Due to Death or Disability. All Plan Shares and cash dividends, returned capital and earnings thereon subject to an Award held by a Recipient whose service as a Director or Employee of the Corporation, the Association or any a Subsidiary terminates due to (i) death or (ii) disability (as determined by the Committee) shall be deemed fully earned and non-forfeitable as of the later of the Recipient's last day of service as a Director or as an Employee and shall be distributed as soon as practicable thereafter.
Appears in 1 contract
Samples: Recognition and Retention Plan (Market Financial Corp)
Exception for Terminations Due to Death or Disability. All Plan Shares and cash dividends, returned capital and earnings thereon subject to an Award held by a Recipient whose service as a Director or Employee of the CorporationHolding Company, the Association or any a Subsidiary terminates due to (i) death or (ii) disability (as determined by the Committee) shall be deemed fully earned and non-non- forfeitable as of the later of the Recipient's Recipients last day of service as a Director or as an Employee and shall be distributed as soon as practicable thereafter.
Appears in 1 contract
Samples: Management Recognition Plan and Trust Agreement (Southern Community Bancshares Inc)
