Common use of Form of Contributions Clause in Contracts

Form of Contributions. The Companies' contributions, if any, for each Plan Year shall be paid to the Trustee either in cash or in Stock valued at the fair market value thereof as of the date of the contribution (as determined consistent with Section 5.1(a)) and within such period as is provided for in Section 404 of the Code or any other statute of similar import or any rule or regulations thereunder.

Appears in 7 contracts

Samples: Employee Stock Ownership Plan And (Citizens Bancorp), Stock Ownership Plan and Trust Agreement (Lincoln Bancorp /In/), Employee Stock Ownership Plan And (Union Community Bancorp)

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Form of Contributions. The Companies' ’ contributions, if any, for each Plan Year shall be paid to the Trustee either in cash or in Stock valued at the fair market value thereof as of the date of the contribution (as determined consistent with Section 5.1(a)) and within such period as is provided for in Section 404 of the Code or any other statute of similar import or any rule or regulations thereunder.

Appears in 1 contract

Samples: Trust Agreement (Union Community Bancorp)

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Form of Contributions. The Companies' Company's contributions, if any, for each Plan Year shall be paid to the Trustee either in cash or in Stock valued at the fair market value thereof as of the date of the contribution (as determined consistent with Section 5.1(a)) and within such period as is provided for in Section 404 of the Code or any other statute of similar import or any rule or regulations thereunder.

Appears in 1 contract

Samples: Employee Stock Ownership Plan And (Third Century Bancorp)

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