Common use of Member=s Benefit Clause in Contracts

Member=s Benefit. (1) The Account balance as of the last valuation date in the calendar year immediately preceding the Distribution Calendar Year (valuation calendar year) increased by the amount of any contributions or forfeitures allocated to the Account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date.

Appears in 3 contracts

Samples: Adoption Agreement (Sugar Creek Financial Corp./Md/), Adoption Agreement (Cape Bancorp, Inc.), Adoption Agreement (First Savings Financial Group Inc)

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Member=s Benefit. (1) The Account account balance as of the last valuation date in the calendar year immediately preceding the Distribution Calendar Year distribution calendar year (valuation calendar year) increased by the amount of any contributions or forfeitures allocated to the Account account balance as of dates in the valuation calendar year after the valuation date and decreased by distributions made in the valuation calendar year after the valuation date.

Appears in 3 contracts

Samples: Trust Agreement (Northeast Community Bancorp Inc), Agreement (Central Federal Corp), Adoption Agreement (CCSB Financial Corp)

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