Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.
Appears in 54 contracts
Samples: Supplemental Life Insurance Agreement (PFS Bancorp, Inc.), Split Dollar Life Insurance Agreement (Sandy Spring Bancorp Inc), Split Dollar Life Insurance Agreement
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.
Appears in 35 contracts
Samples: Endorsement Split Dollar Agreement, Split Dollar Agreement (LaPorte Bancorp, Inc.), Split Dollar Agreement (LaPorte Bancorp, Inc.)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, basis by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.
Appears in 25 contracts
Samples: Split Dollar Agreement (Sb Financial Group, Inc.), Split Dollar Agreement (Cortland Bancorp Inc), Split Dollar Agreement (Cortland Bancorp Inc)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.
Appears in 11 contracts
Samples: Endorsement Split Dollar Life Insurance Agreement (Origin Bancorp, Inc.), Endorsement Split Dollar Life Insurance Agreement (Origin Bancorp, Inc.), Endorsement Split Dollar Life Insurance Agreement (Origin Bancorp, Inc.)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s 's W-2, or if applicable, Form 1099.
Appears in 6 contracts
Samples: Split Dollar Agreement (First Citizens Bancshares Inc /Tn/), Endorsement Split Dollar Life Insurance Agreement (ESSA Bancorp, Inc.), Endorsement Split Dollar Life Insurance Agreement (ESSA Bancorp, Inc.)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s W-2, W-2 or if applicable, Form 1099, as appropriate.
Appears in 5 contracts
Samples: Endorsement Split Dollar Agreement (1st Financial Services CORP), Endorsement Split Dollar Agreement (1st Financial Services CORP), Endorsement Split Dollar Agreement (1st Financial Services CORP)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099. Before and after the Executive’s retirement, the Bank also shall pay an annual gross-up bonus to the Executive in an amount sufficient to enable the Executive to pay the federal income tax on both the economic benefit and on the gross-up bonus.
Appears in 4 contracts
Samples: Split Dollar Agreement (Southside Bancshares Inc), Split Dollar Agreement (Southside Bancshares Inc), Split Dollar Agreement (Southside Bancshares Inc)
Imputed Income. The Bank shall impute the economic benefit to the Executive Employee on an annual basis, by adding the economic benefit to the ExecutiveEmployee’s W-2, or if applicable, Form 1099.
Appears in 4 contracts
Samples: Endorsement Split Dollar Life Insurance Agreement (HarborOne Bancorp, Inc.), Split Dollar Life Insurance Agreement (SBT Bancorp, Inc.), Split Dollar Life Insurance Agreement (SBT Bancorp, Inc.)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s Form W-2, or if applicable, Form 1099.
Appears in 3 contracts
Samples: Split Dollar Agreement (Temecula Valley Bancorp Inc), Split Dollar Agreement (Temecula Valley Bancorp Inc), Split Dollar Agreement (Temecula Valley Bancorp Inc)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s Form W-2, or if applicable, Form 1099.
Appears in 2 contracts
Samples: Executive Split Dollar Agreement (Melrose Bancorp, Inc.), Executive Split Dollar Agreement (Melrose Bancorp, Inc.)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.. 242
Appears in 1 contract
Samples: Endorsement Split Dollar Agreement (Citizens South Banking Corp)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099. After the Executive's retirement, the Bank also shall pay an annual gross-up bonus to the Executive in an amount sufficient to enable the Executive to pay the federal income tax on both the economic benefit and on the gross-up bonus.
Appears in 1 contract
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, basis by adding the economic benefit to the Executive’s 's W-2, or if applicable, Form 1099.
Appears in 1 contract
Samples: Endorsement Split Dollar Agreement (First South Bancorp Inc)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.. THE SIMSBURY BANK & TRUST COMPANY Endorsement Split Dollar Insurance Agreement
Appears in 1 contract
Samples: Endorsement Split Dollar Insurance Agreement (SBT Bancorp, Inc.)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, basis by adding the economic benefit to the Executive’s Form W-2, or or, if applicable, Form 1099.
Appears in 1 contract
Imputed Income. The Bank shall impute the economic benefit to the Executive on to an annual basis, by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.
Appears in 1 contract
Samples: Supplemental Life Insurance Agreement (Northern California Bancorp Inc)
Imputed Income. The Bank shall impute the economic benefit to -------------- the Executive on an annual basis, by adding the economic benefit to the Executive’s 's W-2, or if applicable, Form 1099.
Appears in 1 contract
Samples: Split Dollar Agreement (BNC Bancorp)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, basis by adding the economic benefit to the Executive’s W-2Form W-2 or, or if applicable, Form 1099.
Appears in 1 contract
Samples: Endorsement Split Dollar Agreement (Civitas Bankgroup Inc)
