Common use of Initial Deferral Election(s) Clause in Contracts

Initial Deferral Election(s). Upon notification of eligibility in this Agreement during the initial Plan Year, and if Director elects to defer compensation, Director shall deliver to the Plan Administrator:

Appears in 6 contracts

Samples: Director Deferred Compensation Agreement (LINKBANCORP, Inc.), Director Deferred Compensation Agreement (GNB Financial Services Inc), Lyons Bancorp Inc

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Initial Deferral Election(s). Upon notification of eligibility in this Agreement during the initial Plan Year, and if Director elects to defer compensationfees, Director shall deliver to the Plan Administrator:

Appears in 4 contracts

Samples: First Farmers and Merchants Bank Director Deferred Compensation Agreement (First Farmers & Merchants Corp), Director Deferred Compensation Agreement (First Farmers & Merchants Corp), First Farmers and Merchants Corporation Director Deferred Compensation Agreement (First Farmers & Merchants Corp)

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Initial Deferral Election(s). Upon notification of eligibility in this Agreement during the initial Plan Year, and if Director Executive elects to defer compensation, Director Executive shall deliver to the Plan Administrator:

Appears in 3 contracts

Samples: Executive Deferred Compensation Agreement (LINKBANCORP, Inc.), Compensation Agreement (GNB Financial Services Inc), Temecula Valley Bancorp Inc

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