Exclusive Benefit Rules. No part of the Trust shall be used for, or diverted to, purposes other than for the exclusive benefit of Participants, former Participants with a vested interest, and the Beneficiary or Beneficiaries of deceased Participants who have in a vested interest in the Plan at death.
Appears in 10 contracts
Samples: Defined Contribution Plan (FNB United Corp.), Defined Contribution Plan (Chicopee Bancorp, Inc.), Defined Contribution Plan (Georgetown Bancorp, Inc.)
Exclusive Benefit Rules. No part of the Trust shall be used for, or diverted to, purposes other than for the exclusive benefit of Participants, former Participants with a vested interest, and the Beneficiary or Beneficiaries of deceased Participants who have in a vested interest in the Plan at death.
Appears in 9 contracts
Samples: Defined Contribution Plan (1st Constitution Bancorp), Defined Contribution Plan (Wellesley Bancorp, Inc.), Defined Contribution Plan (Savannah Bancorp Inc)