Common use of Non-Transferability of Award Clause in Contracts

Non-Transferability of Award. This Award may not be transferred in any ---------------------------- manner prior to such Award, or portion thereof, being deemed non-forfeitable. Notwithstanding anything herein or in the Plan to the contrary, all Shares subject to an Award held by a Participant whose employment or service with the Corporation or the Bank terminates due to death shall be deemed 100% earned and nonforfeitable as of the Participant's last date of employment or service with the Corporation or the Bank and shall be distributed as soon as practicable thereafter to the Beneficiary as set forth in accordance with the Plan.

Appears in 6 contracts

Samples: Restricted Stock Agreement (Sun Bancorp Inc /Nj/), Restricted Stock Agreement (Synergy Financial Group Inc), Restricted Stock Agreement (Guaranty Federal Bancshares Inc)

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Non-Transferability of Award. This Award may not be transferred in any ---------------------------- manner prior to such Award, or portion thereof, being deemed non-forfeitable. Notwithstanding anything herein or in the Plan to the contrary, all Shares subject to an Award held by a Participant whose employment or service with the Corporation or the Bank terminates due to death shall be deemed 100% earned and nonforfeitable as of the Participant's last date of employment or service with the Corporation or the Bank and shall be distributed as soon as practicable thereafter to the Beneficiary as set forth in accordance with the Plan.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Floridafirst Bancorp Inc), Restricted Stock Agreement (Bucs Financial Corp), Restricted Stock Agreement (Farnsworth Bancorp Inc)

Non-Transferability of Award. This Award may not be transferred in any ---------------------------- manner prior to such Award, or portion thereof, being deemed non-forfeitable. Notwithstanding anything herein or in the Plan to the contrary, all Shares subject to an Award held by a Participant whose employment or service with the Corporation Bank or the Bank Corporation terminates due to death shall be deemed 100% earned and nonforfeitable as of the Participant's ’s last date of employment or service with the Corporation or the Bank and shall be distributed as soon as practicable thereafter to the Beneficiary as set forth in accordance with the Plan.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Roma Financial Corp), Restricted Stock Agreement (Cecil Bancorp Inc)

Non-Transferability of Award. This Award may not be transferred in any ---------------------------- manner prior to such Award, or portion thereof, being deemed non-forfeitable. Notwithstanding anything herein or in the Plan to the contrary, all Shares subject to an Award held by a Participant whose employment or service with the Corporation Bank or the Bank Corporation terminates due to death shall be deemed 100% earned and nonforfeitable as of the Participant's last date of employment or service with the Corporation or the Bank and shall be distributed as soon as practicable thereafter to the Beneficiary as set forth in accordance with the Plan.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Osage Bancshares, Inc.), Restricted Stock Agreement (Osage Federal Financial Inc)

Non-Transferability of Award. This Award may not be transferred in any ---------------------------- manner prior to such Award, or portion thereof, being deemed non-forfeitable. Notwithstanding anything herein or in the Plan to the contrary, all Shares subject to an Award held by a Participant whose employment or service with the Corporation Bank or the Savings Bank terminates due to death shall be deemed 100% earned and nonforfeitable as of the Participant's last date of employment or service with the Corporation Bank or the Savings Bank and shall be distributed as soon as practicable thereafter to the Beneficiary as set forth in accordance with the Plan.

Appears in 2 contracts

Samples: Restricted Stock Agreement (PHSB Financial Corp), Restricted Stock Agreement (PHSB Financial Corp)

Non-Transferability of Award. This Award may not be transferred in ----------------------------- any ---------------------------- manner prior to such Award, or portion thereof, being deemed non-forfeitable. Notwithstanding anything herein or in the Plan to the contrary, all Shares subject to an Award held by a Participant whose employment or service with the Corporation or the Bank terminates due to death shall be deemed 100% earned and nonforfeitable as of the Participant's last date of employment or service with the Corporation or the Bank and shall be distributed as soon as practicable thereafter to the Beneficiary as set forth in accordance with the Plan.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Steelton Bancorp Inc), Restricted Stock Award Agreement (Floridafirst Bancorp Inc)

Non-Transferability of Award. This Award may not be transferred in any ---------------------------- manner prior to such Award, or portion thereof, being deemed earned and non-forfeitable. Notwithstanding anything herein or in the Plan to the contrary, all Shares subject to an Award held by a Participant whose employment or service with the Corporation Bank or the Bank Corporation terminates due to death shall be deemed 100% earned and nonforfeitable non-forfeitable as of the Participant's last date of employment or service with the Corporation or the Bank and shall be distributed as soon as practicable thereafter to the Beneficiary as set forth in accordance with the Plan.

Appears in 2 contracts

Samples: Restricted Stock Agreement (American Bancorp of New Jersey Inc), Restricted Stock Agreement (Community First Bancorp Inc)

Non-Transferability of Award. This Award may not be transferred in any ---------------------------- ----------------------------- manner prior to such Award, or portion thereof, being deemed non-forfeitable. Notwithstanding anything herein or in the Plan to the contrary, all Shares subject to an Award held by a Participant whose employment or service with the Corporation or the Bank terminates due to death shall be deemed 100% earned and nonforfeitable as of the Participant's last date of employment or service with the Corporation or the Bank and shall be distributed as soon as practicable thereafter to the Beneficiary as set forth in accordance with the Plan.

Appears in 1 contract

Samples: Restricted Stock Agreement (Synergy Financial Group Inc /Nj/)

Non-Transferability of Award. This Award may not be transferred in ----------------------------- any ---------------------------- manner prior to such Award, or portion thereof, being deemed non-forfeitable. Notwithstanding anything herein or in the Plan to the contrary, all Shares subject to an Award held by a Participant whose employment or service with the Corporation or Teche Federal Bank (the Bank "Bank") terminates due to death shall be deemed 100% earned and nonforfeitable as of the Participant's last date of employment or service with the Corporation or the Bank and shall be distributed as soon as practicable thereafter to the Beneficiary as set forth in accordance with the Plan.

Appears in 1 contract

Samples: Stock Award Agreement (Teche Holding Co)

Non-Transferability of Award. This Award may not be transferred in ----------------------------- any ---------------------------- manner prior to such Award, or portion thereof, being deemed non-forfeitable. Notwithstanding anything herein or in the Plan to the contrary, all Shares subject to an Award held by a Participant whose employment or service with the Corporation or Fidelity Bank (the Bank "Bank") terminates due to death shall be deemed 100% earned and nonforfeitable as of the Participant's last date of employment or service with the Corporation or the Bank and shall be distributed as soon as practicable thereafter to the Beneficiary as set forth in accordance with the Plan.

Appears in 1 contract

Samples: Stock Award Agreement (Fidelity Bancorp Inc)

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Non-Transferability of Award. This Award may not be transferred in ----------------------------- any ---------------------------- manner prior to such Award, or portion thereof, being deemed non-forfeitable. Notwithstanding anything herein or in the Plan to the contrary, all Shares subject to an Award held by a Participant whose employment or service with the Corporation or Third Federal Bank (the Bank "Bank") terminates due to death shall be deemed 100% earned and nonforfeitable as of the Participant's last date of employment or service with the Corporation or the Bank and shall be distributed as soon as practicable thereafter to the Beneficiary as set forth in accordance with the Plan.

Appears in 1 contract

Samples: Stock Award Agreement (Tf Financial Corp)

Non-Transferability of Award. This Award may not be transferred in any ---------------------------- manner prior to such Award, or portion thereof, being deemed non-forfeitable. Notwithstanding anything herein or in the Plan to the contrary, all Shares subject to an Award held by a Participant whose employment or service with the Corporation Bank or the Bank Corporation terminates due to death shall be deemed 100% earned and nonforfeitable as of the Participant's last date of employment or service with the Corporation or the Bank and shall be distributed as soon as practicable thereafter to the Beneficiary as set forth in accordance with the Plan.

Appears in 1 contract

Samples: Restricted Stock Agreement (Osage Bancshares, Inc.)

Non-Transferability of Award. This Award may not be transferred in any ---------------------------- manner prior to such Award, or portion thereof, being deemed non-forfeitable. Notwithstanding anything herein or in the Plan to the contrary, all Shares subject to an Award held by a Participant whose employment or service with the Corporation or the Bank terminates due to death shall be deemed 100% earned and nonforfeitable as of the Participant's last date of employment or service with the Corporation or the Bank and shall be distributed as soon as practicable thereafter to the Beneficiary as set forth in accordance with the Plan.

Appears in 1 contract

Samples: Restricted Stock Agreement (Roebling Financial Corp, Inc.)

Non-Transferability of Award. This Award may not be transferred in any ---------------------------- ----------------------------- manner prior to such Award, or portion thereof, being deemed non-forfeitable. Notwithstanding anything herein or in the Plan to the contrary, all Shares subject to an Award held by a Participant whose employment or service with the Corporation or Teche Federal Savings Bank (the Bank "Bank") terminates due to death shall be deemed 100% earned and nonforfeitable as of the Participant's last date of employment or service with the Corporation or the Bank and shall be distributed as soon as practicable thereafter to the Beneficiary as set forth in accordance with the Plan.

Appears in 1 contract

Samples: Stock Award Agreement (Teche Holding Co)

Non-Transferability of Award. This Award may not be transferred in ----------------------------- any ---------------------------- manner prior to such Award, or portion thereof, being deemed non-forfeitable. Notwithstanding anything herein or in the Plan to the contrary, all Shares subject to an Award held by a Participant whose employment or service with the Corporation or the Bank terminates due to death shall be deemed 100% earned and nonforfeitable as of the Participant's last date of employment or service with the Corporation or the Bank and shall be distributed as soon as practicable thereafter to the Beneficiary as set forth in accordance with the Plan.

Appears in 1 contract

Samples: Restricted Stock Agreement (Eureka Financial Corp)

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