No Deferral of Compensation Under Section 409A of the Code. All Awards granted under the Plan are designed to not constitute a deferral of compensation for purposes of Section 409A of the Code. No Recipient shall be permitted to defer the recognition of income beyond the date an Award shall be deemed earned pursuant to Article VII of this Plan.
Appears in 4 contracts
Samples: Recognition and Retention Plan and Trust Agreement (Abington Bancorp, Inc./Pa), 2005 Recognition and Retention Plan and Trust Agreement (Home Federal Bancorp, Inc. Of Louisiana), Recognition and Retention Plan and Trust Agreement (First Keystone Financial Inc)
No Deferral of Compensation Under Section 409A of the Code. All Awards granted under the Plan are designed to not constitute a deferral of compensation for purposes of Section 409A of the Code. No Recipient shall be permitted to defer the recognition of income beyond the date an Award shall be deemed earned pursuant to Article VII of this the Plan.
Appears in 2 contracts
Samples: 2003 Recognition and Retention Plan and Trust Agreement (Minden Bancorp, Inc.), 1997 Recognition and Retention Plan and Trust Agreement (Gs Financial Corp)
No Deferral of Compensation Under Section 409A of the Code. All ------------------------------------------------------------ Awards granted under the Plan are designed to not constitute a deferral of compensation for purposes of Section 409A of the Code. No Recipient shall be permitted to defer the recognition of income beyond the date an Award shall be deemed earned pursuant to Article VII of this Plan.
Appears in 1 contract
Samples: Recognition and Retention Plan and Trust Agreement (WVS Financial Corp)
