Form of Distribution. All Plan Shares, together with any shares representing stock dividends, shall be distributed in the form of Common Stock. One share of Common Stock shall be given for each Plan Share earned and payable. Payments representing accumulated cash dividends and cash or other distributions (and earnings thereon) shall be made in cash or in the form of such non-cash distributions.
Appears in 11 contracts
Samples: Union Community Bancorp, Union Community Bancorp, Citizens Bancorp
Form of Distribution. All Plan Shares, together with any shares representing stock dividends, shall be distributed in the form of Common Stock. One share of Common Stock shall be given for each Plan Share earned and payable. Payments representing accumulated cash dividends and cash or other distributions (and earnings thereon) shall be made in cash or in the form of such non-cash distributions.
Appears in 3 contracts
Samples: Reliance Bancshares Inc, Mercer Insurance Group Inc, Old Guard Group Inc
Form of Distribution. All Plan Shares, together with any shares representing stock dividends, shall be distributed in the form of Common Stock. One share of Common Stock shall be given for each Plan Share earned and payableearned. Payments representing accumulated cash dividends and cash or other distributions (and earnings earning thereon) shall be made in cash or in the form of such non-cash distributionscash.
Appears in 3 contracts
Samples: Thistle Group Holdings Co, First Colorado Bancorp Inc, Thistle Group Holdings Co
Form of Distribution. All Plan Shares, together with any shares representing stock dividends, shall be distributed in the form of Common Stock. One share of Common Stock shall be given for each Plan Share earned and payable. Payments representing accumulated cash dividends and cash or other distributions (and earnings thereon) shall be made in cash or in the form of such non-cash distributionscash.
Appears in 2 contracts
Samples: Guaranty Federal Bancshares Inc, Three Rivers Financial Corp
Form of Distribution. All Plan Shares, together with any shares representing stock dividends, shall be distributed in the form of Common Stock. One share of Common Stock shall be given for each Plan Share earned and payable. Payments representing accumulated cash dividends and cash or other distributions (and earnings earning thereon) shall be made in cash or in the form of such non-cash distributionscash.
Appears in 2 contracts
Samples: And Retention Plan and Trust Agreement (Camden National Corp), First Federal Bankshares Inc
Form of Distribution. All Plan Shares, together with any shares -------------------- representing stock dividends, shall be distributed in the form of Common Stock. One share of Common Stock shall be given for each Plan Share earned and payable. Payments representing accumulated cash dividends and cash or other distributions (and earnings earning thereon) shall be made in cash or in the form of such non-cash distributionscash.
Appears in 2 contracts
Samples: Harbor Florida Bancorp Inc, Harbor Florida Bancorp Inc