Form of Allocation. As promptly as practicable after a determination is made pursuant to Sections 6.02 and 6.05 that a Plan Share 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 so notifies the Recipient shall be considered the date of grant of the Plan Share Awards. The Committee shall maintain records as to all grants of Plan Share Awards under the Plan.
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Samples: Management Stock Bonus Plan and Trust Agreement (First Colorado Bancorp Inc)
Form of Allocation. As promptly as practicable after a ------------------ determination is made pursuant to Sections Section 6.02 and 6.05 that a Plan Share Award is to be madehas been granted, 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 Award may be earned. The date on which the Committee so notifies the Recipient shall be considered the date of grant of the Plan Share Awards. The Committee shall maintain records as to all grants of Plan Share Awards under the Plan.
Appears in 1 contract
Samples: Recognition and Retention Plan (Harbor Florida Bancorp Inc)
Form of Allocation. As promptly as practicable after a determination is made pursuant to Sections 6.02 and 6.05 Section 6.01 that a Plan Share Award is to be madeissued, 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 Award shall be earneddistributed to the Recipient. The date on which the Committee so notifies the Recipient shall be considered the date of grant of the Plan Share AwardsAward. The Committee shall maintain records as to all grants of Plan Share Awards under the Plan.
Appears in 1 contract
Samples: Recognition and Retention Plan and Trust Agreement (First Keystone Financial Inc)
Form of Allocation. As promptly as practicable after a determination is made pursuant to Sections Section 6.02 and or Section 6.05 that a Plan Share 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 so notifies the Recipient shall be considered the date of grant of the Plan Share Awards. The Committee shall maintain records as to all grants of Plan Share Awards under the Plan.
Appears in 1 contract
Samples: Management Stock Bonus Plan and Trust Agreement (NCF Financial Corp /De/)
Form of Allocation. As promptly as practicable after a determination is made pursuant to Sections Section 6.02 and 6.05 that a Plan Share 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 Award may be earned. The date on which stock certificate for Plan Share Awards shall be registered in the Committee so notifies name of the Recipient shall be considered until forfeited or transferred by the date of grant of the Plan Share AwardsRecipient after such Award has been earned. The Committee shall maintain records as to all grants of Plan Share Awards under the Plan.
Appears in 1 contract
Samples: Recognition and Retention Plan and Trust Agreement (Citizens Bancorp)
Form of Allocation. As promptly as practicable after a determination is made pursuant to Sections 6.02 and 6.05 Section 6.2 that a Plan Share Award is to be madeissued, the Committee shall notify the Recipient in writing of the grant of the Award, the number of Plan Shares covered by the Award, Award and the terms upon which the Plan Shares subject to the award Award may be earned. The date on which the Committee so notifies the Recipient shall be considered the date of grant of the Plan Share AwardsAward. The Committee shall maintain records as to all grants of Plan Share Awards under the Plan.
Appears in 1 contract
Samples: Management Development and Recognition Plan and Trust Agreement (Cgb&l Financial Group Inc)