Common use of Holding by Trustee Clause in Contracts

Holding by Trustee. All contributions made by the Companies under Section 3.1 shall be a part of the Fund and shall be held in trust by the Trustee until distributed as provided in this Plan.

Appears in 8 contracts

Samples: Employee Stock Ownership Plan and Trust Agreement (Union Community Bancorp), Employee Stock Ownership Plan and Trust Agreement (Union Community Bancorp), Employee Stock Ownership Plan and Trust Agreement (City Savings Financial Corp)

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Holding by Trustee. All contributions made by the Companies Company under Section 3.1 shall be a part of the Fund and shall be held in trust by the Trustee until distributed as provided in this Plan.

Appears in 1 contract

Samples: Employee Stock Ownership Plan and Trust Agreement (Third Century Bancorp)

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