Common use of Form of Allocation Clause in Contracts

Form of Allocation. As promptly as practicable after a determination is made pursuant to Section 6.02 of this Agreement that an Award is to be made, the Committee shall notify the 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 determines that an Award is to be made or a later date designated by the Committee shall be considered the date of grant of the Awards. The Committee shall maintain records as to all grants of Awards under the Plan.

Appears in 7 contracts

Samples: Plan and Trust Agreement (Market Financial Corp), Columbia Financial of Kentucky Inc, Ohio State Financial Services Inc

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Form of Allocation. As promptly as practicable after a determination is made pursuant to Section 6.02 of this Agreement that an Award is to be made, the Committee shall notify the 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 determines that an Award is to be made or a later date designated by the Committee shall be considered the date of grant of the Awards. The Committee shall maintain records as to all grants of Awards under the Plan.designated

Appears in 2 contracts

Samples: Home Loan Financial Corp, United Community Financial Corp

Form of Allocation. As promptly as practicable after a determination is made pursuant to Section 6.02 of this Agreement that an Award is to be made, the Committee shall notify the Recipient 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 determines that an Award is to be made or a later date designated by the Committee shall be considered the date of grant of the Awards. The Committee shall maintain records as to all grants of Awards under the Plan.

Appears in 1 contract

Samples: Southern Community Bancshares Inc

Form of Allocation. As promptly as practicable after a determination is made pursuant to Section 6.02 5.02 of this Agreement that an Award is to be made, the Committee Board shall notify the 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 Board determines that an Award is to be made or a later date designated by the Committee Board shall be considered the date of grant of the Awards. The Committee shall maintain records as to all grants of Awards under the Plan.

Appears in 1 contract

Samples: United Community Financial Corp

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Form of Allocation. As promptly as practicable after a determination is made pursuant to Section 6.02 of this Agreement that an Award is to be made, the Committee shall notify the 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 determines that an Award is to be made or a later date designated by the Committee shall be considered the date of grant of the AwardsAward. The Committee shall maintain records as to all grants of Awards under the PlanAwards.

Appears in 1 contract

Samples: Home Loan Financial Corp

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