Form of Allocation. As promptly as practicable after a determination is made pursuant to Section 6.02 or Section 6.05 that a Plan Share Award is to be made, the Committee shall notify the Participant in writing of the grant of the Award, the number of Plan Shares covered by the Award, and the terms upon which the Plan Shares subject to the award may be earned. The date on which the Committee makes its award determination or the date the Committee so notifies the Participant shall be considered the date of grant of the Plan Share Awards as determined by the Committee. The Committee shall maintain records as to all grants of Plan Share Awards under the Plan.
Appears in 33 contracts
Samples: And Trust Agreement (Wells Financial Corp), Esb Financial Corp, Guaranty Federal Bancshares Inc
Form of Allocation. As promptly as practicable after a determination is made pursuant to Section 6.02 or Section 6.05 that a Plan Share Award is to be made, the Committee shall notify the Participant Recipient in writing of the grant of the Award, the number of Plan Shares covered by the Award, and the terms upon which the Plan Shares subject to the award may be earned. The date on which the Committee makes its award determination or the date the Committee so notifies the Participant Recipient shall be considered the date of grant of the Plan Share Awards as determined by the CommitteeAwards. The Committee shall maintain records as to all grants of Plan Share Awards under the Plan.
Appears in 7 contracts
Samples: First Colorado Bancorp Inc, Beckley Bancorp Inc, GFSB Bancorp Inc
Form of Allocation. As promptly as practicable after a determination is made pursuant to Section 6.02 or Section 6.05 that a Plan Share Award is to be madeissued, the Committee shall notify the Participant Recipient in writing of the grant of the Award, the number of Plan Shares covered by the Award, and the terms upon which the Plan Shares subject to the award may Award shall be earneddistributed to the Recipient. Such terms shall be reflected in a written agreement with the Recipient. The date on which the Committee makes its award determination or the date the Committee so notifies the Participant Recipient shall be considered the date of grant of the Plan Share Awards as determined by the CommitteeAward. The Committee shall maintain records as to all grants of Plan Share Awards under the Plan.
Appears in 2 contracts
Samples: Esb Financial Corp, Esb Financial Corp
Form of Allocation. As promptly as practicable after a determination is made an allocation pursuant to Section Sections 6.01 or 6.02 or Section 6.05 that a Plan Share Award is to be madeissued, the Board or the Committee shall notify the Participant Recipient in writing of the grant of the Award, the number of Plan Shares covered by the Award, and the terms upon which the Plan Shares subject to the award may Award shall be earneddistributed to the Recipient. The date on which the Committee makes its award determination Board or the date the Committee so notifies the Participant Recipient shall be considered the date of grant of the Plan Share Awards as determined by the CommitteeAward. The Board or the Committee shall maintain records as to all grants of Plan Share Awards under the Plan.
Appears in 1 contract
Samples: And Retention Plan and Trust Agreement (Gs Financial Corp)
Form of Allocation. As promptly as practicable after a determination is made pursuant to Section 6.02 or Section 6.05 that a Plan Share Award is to be made, the Committee shall notify the Participant in writing of the grant of the Award, the number of Plan Shares covered by the Award, and the terms upon which the Plan Shares subject to the award may be earned. The date on which the Committee makes its award determination or the date the Committee so notifies the Participant shall be considered the date of grant of the Plan Share Awards as determined by the Committee. The Committee shall maintain records as to all grants of Plan Share Awards under the Plan.
Appears in 1 contract