Investment of Trust Assets; Number of Plan Shares. Subject to Section 8.02 hereof, the Trustee shall invest all of the Trust's assets primarily in Common Stock. The aggregate number of Plan Shares initially available for distribution pursuant to this Plan shall be 54,400 shares of Common Stock, which shares shall be purchased (from the Corporation and/or, if permitted by applicable regulations, from stockholders thereof) by the Trust with funds contributed by the Corporation.
Appears in 1 contract
Samples: Recognition and Retention Plan and Trust Agreement (First Keystone Financial Inc)
Investment of Trust Assets; Number of Plan Shares. Subject to Section 8.02 hereof, the Trustee shall invest all of the Trust's assets primarily in Common Stock. The aggregate number of Plan Shares initially available for distribution pursuant to this Plan shall be 54,400 8,434 shares of Common Stock, subject to adjustment as provided in Section 10.01 hereof, which shares shall be purchased (from the Corporation and/or, if permitted by applicable regulations, from stockholders thereof) by the Trust with funds contributed by the Corporation.
Appears in 1 contract
Samples: 1999 Recognition and Retention Plan and Trust Agreement (Ibl Bancorp)
Investment of Trust Assets; Number of Plan Shares. Subject to Section 8.02 hereof, the Trustee shall invest all of the Trust's assets primarily in Common Stock. The aggregate number of Plan Shares initially available for distribution pursuant to this Plan shall be 54,400 87,285 shares of Common Stock, which shares shall be purchased (from the Corporation and/or, if permitted by applicable regulations, and/or from stockholders thereof) thereof by the Trust with funds contributed by the Corporation. During the time this Plan remains in effect, Awards to each Employee and each Non-Employee Director shall not exceed 25% and 5% of the shares of Common Stock available under the Plan, respectively.
Appears in 1 contract
Samples: Recognition and Retention Plan and Trust Agreement (Pittsburgh Home Financial Corp)
Investment of Trust Assets; Number of Plan Shares. Subject to Section 8.02 hereof, the Trustee shall invest all of the Trust's assets primarily in Common Stock. The aggregate number of Plan Shares initially available for distribution pursuant to this Plan shall be 54,400 91,124 shares of Common Stock, which shares shall be purchased (from the Corporation and/or, if permitted by applicable regulations, and/or from stockholders thereof) thereof by the Trust with funds contributed by the Corporation.
Appears in 1 contract
Samples: Management Recognition Plan and Trust Agreement (Fidelity Financial of Ohio Inc)
Investment of Trust Assets; Number of Plan Shares. Subject to Section 8.02 hereof, the Trustee shall invest all of the Trust's assets primarily in Common Stock. The aggregate number of Plan Shares initially available for distribution pursuant to this Plan shall be 54,400 23,600 shares of Common Stock, which shares shall be purchased (from the Corporation and/or, if permitted by applicable regulations, Savings Bank and/or from stockholders thereof) thereof by the Trust with funds contributed by the CorporationSavings Bank.
Appears in 1 contract
Samples: Management Recognition Plan and Trust Agreement (Finger Lakes Bancorp Inc)
Investment of Trust Assets; Number of Plan Shares. Subject to Section 8.02 hereof, the Trustee shall invest all of the Trust's assets primarily in Common Stock. The aggregate number of Plan Shares initially available for distribution pursuant to this Plan shall be 54,400 ______ shares of Common Stock, which shares shall be purchased (from the Corporation and/or, if permitted by applicable regulations, and/or from stockholders thereof) thereof by the Trust with funds contributed by the Corporation.
Appears in 1 contract
Samples: Recognition and Retention Plan and Trust Agreement (Icarus International Inc)
Investment of Trust Assets; Number of Plan Shares. Subject to Section 8.02 hereof, the Trustee shall invest all of the Trust's assets primarily in Common Stock. The aggregate number of Plan Shares initially available for distribution pursuant to this Plan shall be 54,400 64,736 shares of Common Stock, which shares shall be purchased (from the Corporation and/or, if permitted by applicable regulations, and/or from stockholders thereof) thereof by the Trust with funds contributed by the Corporation. During the time this Plan remains in effect, Awards to each Employee and each NonEmployee Director shall not exceed 25% and 5% of the shares of Common Stock available under the Plan, respectively.
Appears in 1 contract
Samples: Management Recognition Plan and Trust Agreement (Jacksonville Bancorp Inc)
Investment of Trust Assets; Number of Plan Shares. Subject to Section 8.02 hereof, the Trustee shall invest all of the Trust's assets primarily in Common Stock. The aggregate number of Plan Shares initially available for distribution pursuant to this Plan shall be 54,400 550,000 shares of Common Stock, which shares shall be purchased (from the Corporation and/or, if permitted by applicable regulations, and/or from stockholders thereof) thereof by the Trust with funds contributed by the Corporation.
Appears in 1 contract
Samples: Recognition and Retention Plan and Trust Agreement (Icarus International Inc)
Investment of Trust Assets; Number of Plan Shares. Subject to Section 8.02 hereof, the Trustee shall invest all of the Trust's assets primarily in Common Stock. The aggregate number of Plan Shares initially available for distribution pursuant to this Plan shall be 54,400 137,540 shares of Common Stock, subject to adjustment as provided in Section 9.01 hereof, which shares shall be purchased (from the Corporation and/or, if permitted by applicable regulations, from stockholders thereof) by the Trust with funds contributed by the Corporation.
Appears in 1 contract
Samples: 1997 Recognition and Retention Plan and Trust Agreement (Gs Financial Corp)