Named Fiduciary and Administrator. The named fiduciary shall be the Bank. The named fiduciary shall have the authority to control and manage the operation and administration of this Agreement. The administration of this Agreement shall be under the supervision of a Director, officer or employee of the Bank (hereinafter referred to as the "Administrator") designated by the Board of Directors of the Bank (the "Board"). It shall be a principal duty of the Administrator to see that the Agreement is carried out, in accordance with the terms of the Agreement.
Appears in 6 contracts
Samples: Supplemental Executive Retirement Agreement (First National Corp /Sc/), Supplemental Executive Retirement Agreement (First National Corp /Sc/), Supplemental Executive Retirement Agreement (First National Corp /Sc/)
Named Fiduciary and Administrator. The named fiduciary shall be the BankEmployer. The named fiduciary shall have the authority to control and manage the operation and administration of this Agreement. The administration of this Agreement shall be under the supervision of a Directordirector, officer or employee of the Bank Employer (hereinafter referred to as the "“Administrator"”) designated by the Board of Directors of the Bank (the "Board")Employer. It shall be a principal duty of the Administrator to see that the this Agreement is carried out, out in accordance with the terms of the Agreementits terms.
Appears in 4 contracts
Samples: Employee Deferred Compensation, Post Retirement Non Competition and Death Benefit Agreement (Southern Bancshares Nc Inc), Employee Deferred Compensation, Post Retirement Non Competition and Death Benefit Agreement (Southern Bancshares Nc Inc), Employee Death Benefit and Post Retirement Noncompetition and Consultation Agreement (First Citizens Bancorporation Inc)
Named Fiduciary and Administrator. The named fiduciary shall be the Bank. The named fiduciary shall have the authority to control and manage the operation and administration of this Agreement. The administration of this Agreement shall be under the supervision of a Director, officer or employee of the Bank (hereinafter referred to as the "“Administrator"”) designated by the Board of Directors of the Bank (the "“Board"”). It shall be a principal duty of the Administrator to see that the Agreement is carried out, in accordance with the terms of the Agreement.
Appears in 1 contract
Samples: Supplemental Nonqualified Retirement Agreement (First Ottawa Bancshares Inc)
Named Fiduciary and Administrator. The named fiduciary shall be the BankCompany. The named fiduciary shall have the authority to control and manage the operation and administration of this Agreement. The administration of this Agreement shall be under the supervision of a Director, officer or employee of the Bank Company (hereinafter referred to as the "“Administrator"”) designated by the Board of Directors of the Bank Company (the "“Board"”). It shall be a principal duty of the Administrator to see that the Agreement is carried out, in accordance with the terms of the Agreement.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (United Bankshares Inc/Wv)
Named Fiduciary and Administrator. The named fiduciary shall be the Bank. The named fiduciary shall have the authority to control and manage the operation and administration of this Agreement. The administration of this Agreement shall be under the supervision of a Director, an officer or employee of the Bank (hereinafter referred to as the "“Administrator"”) overseen by a Director designated by the Board of Directors of the Bank (the "“Board"”). It shall be a principal duty of the Administrator to see that the Agreement is carried out, in accordance with the terms of the Agreement. The Executive shall not serve as the Administrator.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (TriState Capital Holdings, Inc.)
