Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.
Appears in 110 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Lake Shore Bancorp, Inc.), Home Bank Salary Continuation Agreement (Home Bancorp, Inc.), Deferred Compensation Agreement (LINKBANCORP, Inc.)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Section 409A of the Code Section 409A.and regulations thereunder.
Appears in 53 contracts
Samples: Director Retirement Agreement (Mercer Bancorp, Inc.), Director Retirement Agreement (Mercer Bancorp, Inc.), Director Deferred Fee Agreement (Mid Penn Bancorp Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Executive may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 41 contracts
Samples: Westbury Bank Salary Continuation Agreement (Westbury Bancorp, Inc.), Salary Continuation Agreement (Westbury Bancorp, Inc.), Salary Continuation Agreement (Westbury Bancorp, Inc.)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or persons as the Board may choose. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 37 contracts
Samples: Dollar Agreement, Endorsement Split Dollar (ESSA Bancorp, Inc.), Endorsement Split Dollar (ESSA Bancorp, Inc.)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the board or such committee or person(s) as the board shall appoint. The Executive may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ia) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iib) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 36 contracts
Samples: Continuation Agreement, Continuation Agreement, Salary Continuation Agreement (Oak Ridge Financial Services, Inc.)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 27 contracts
Samples: www.sec.gov, Two River Community Bank Supplemental Executive Retirement Agreement (Two River Bancorp), Director Deferred Fee Agreement (Madison County Financial, Inc.)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the board or such committee or persons as the board shall appoint. The Executive may not be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A..
Appears in 20 contracts
Samples: Middlefield Banking Company (Middlefield Banc Corp), Middlefield Banking Company (Middlefield Banc Corp), Middlefield Banking Company (Middlefield Banc Corp)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration administration of this Agreement and (ii) decide or resolve any and all questionsquestions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.
Appears in 14 contracts
Samples: Supplemental Executive Retirement Agreement (SBT Bancorp, Inc.), Supplemental Executive Retirement Agreement (SBT Bancorp, Inc.), Supplemental Executive Retirement Agreement (SBT Bancorp, Inc.)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Director may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 13 contracts
Samples: Continuation Agreement (Appalachian Bancshares Inc), Supplemental Director Retirement Agreement (BCSB Bancorp Inc.), Supplemental Director Retirement Agreement (BCSB Bancorp Inc.)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the Board or such committee or person as the Board shall appoint. The Executive may not be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A..
Appears in 12 contracts
Samples: Salary Continuation Agreement (Eagle Bancorp Montana, Inc.), Salary Continuation Agreement (Eagle Bancorp Montana, Inc.), Continuation Agreement (Cortland Bancorp Inc)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to to: (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 12 contracts
Samples: Split Dollar Life Insurance Agreement (Prime Meridian Holding Co), Dollar Life Insurance Agreement (Century Bancorp Inc), Dollar Life Insurance Agreement (Century Bancorp Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the Bank’s board of directors or such committee or person(s) as the board shall appoint. The Executive may not be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A..
Appears in 12 contracts
Samples: Salary Continuation Agreement (Carolina Bank Holdings Inc), Salary Continuation Agreement (First Reliance Bancshares Inc), Salary Continuation Agreement (Tidelands Bancshares Inc)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.
Appears in 12 contracts
Samples: Salary Continuation Agreement (First Keystone Corp), Salary Continuation Agreement (First Keystone Corp), Athens Federal Community Bank Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 10 contracts
Samples: Salisbury Bank and Trust Company (Salisbury Bancorp, Inc.), Split Dollar Life Insurance Agreement (Wilson Bank Holding Co), Salisbury Bank and Trust Company (Salisbury Bancorp, Inc.)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the Board of Directors of the Employer or such committee or person(s) as the Board of Directors of the Employer shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the sole and absolute discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) the rights of the Executive under this Agreement, to decide or resolve any and all questionsquestions or disputes arising under this Agreement, including benefits payable under this Agreement and all other interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 10 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Sound Financial Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (Sound Financial Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (Charter Financial Corp/Ga)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to to: (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement Agreement; and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 10 contracts
Samples: Dollar Life Insurance Agreement (Fluidigm Corp), Split Dollar Life Insurance Agreement (Access National Corp), Split Dollar Life Insurance Agreement (Square 1 Financial Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the Bank’s board of directors or such committee or person(s) as the board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A..
Appears in 9 contracts
Samples: Director Retirement Agreement, Director Retirement Agreement (Carolina Bank Holdings Inc), Director Retirement Agreement (Carolina Bank Holdings Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the Bank's board of directors or such committee or person(s) as the board shall appoint. The Director may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ia) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iib) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 8 contracts
Samples: Continuation Agreement (Citizens South Banking Corp), Retirement Agreement (Citizens South Banking Corp), Compensation and Income Continuation Agreement (Citizens South Banking Corp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 8 contracts
Samples: Employment Agreement (Greer Bancshares Inc), Employment Agreement (Greer Bancshares Inc), Salary Continuation Agreement (Greer Bancshares Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the Bank’s board of directors or such committee or person(s) as the board shall appoint. The Executive may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 8 contracts
Samples: Salary Continuation Agreement (Grandsouth Bancorporation), Salary Continuation Agreement (Southern First Bancshares Inc), Salary Continuation Agreement (First Reliance Bancshares Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration administra-tion of this Agreement and (ii) decide or resolve any and all questions, ques-tions including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Section 409A of the Code Section 409A.and regulations thereunder.
Appears in 8 contracts
Samples: Director Deferred Compensation Agreement (Sussex Bancorp), Supplemental Executive Retirement Agreement (SCBT Financial Corp), Supplemental Executive Retirement Agreement (SCBT Financial Corp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the board or such committee or persons as the board shall appoint. The Director may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ia) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iib) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 7 contracts
Samples: Income Deferral Agreement (Bank of Wilmington CORP), Income Deferral Agreement (Bank of Wilmington CORP), Income Deferral Agreement (Bank of Wilmington CORP)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.
Appears in 7 contracts
Samples: Supplemental Employee Retirement Plan (Cascade Bancorp), Supplemental Employee Retirement Plan (Cascade Bancorp), Deferred Bonus Agreement (Cascade Bancorp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent Agreement, provided that such amendments and interpretations are made at all times in compliance with Section 409A of the exercise of such discretion and authority does not conflict with Code Section 409A.Code.
Appears in 7 contracts
Samples: Executive Supplemental Compensation Agreement, Executive Supplemental Compensation Agreement, Executive Supplemental Compensation Agreement (FNB Bancorp/Ca/)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the Company's board of directors or such committee or person(s) as the board shall appoint. The Director may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ia) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iib) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 7 contracts
Samples: Bancorp Director Retirement Agreement (Cortland Bancorp Inc), Bancorp Director Retirement Agreement (Cortland Bancorp Inc), Bancorp Director Retirement Agreement (Cortland Bancorp Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the Company’s board of directors or such committee or person(s) as the board shall appoint. The Director may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 7 contracts
Samples: Bancorp Amended Director Retirement Agreement (Cortland Bancorp Inc), Bancorp Amended Director Retirement Agreement (Cortland Bancorp Inc), Director Retirement Agreement (Cortland Bancorp Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the Board or such committee or person(s) as the Board shall appoint. The Executive may not be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret and enforce all appropriate rules rules, and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 7 contracts
Samples: Continuation Agreement (Paragon Commercial CORP), Continuation Agreement (Paragon Commercial CORP), Continuation Agreement (Paragon Commercial CORP)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the Board of Directors of the Employer or such committee or person(s) as the Board of Directors of the Employer shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the sole and absolute discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) the rights of the Participant under this Agreement, to decide or resolve any and all questionsquestions or disputes arising under this Agreement, including benefits payable under this Agreement and all other interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 6 contracts
Samples: Salary Continuation Plan (Charter Financial Corp/Ga), Salary Continuation Plan (Charter Financial Corp/Ga), Salary Continuation Plan (Charter Financial Corp/Ga)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Executive may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 6 contracts
Samples: Salary Continuation Agreement (Heritage Oaks Bancorp), Salary Continuation Agreement (Redwood Empire Bancorp), Salary Continuation Agreement (Heritage Oaks Bancorp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the board or such committee or person(s) the board shall appoint. The Executive may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ia) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iib) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 6 contracts
Samples: Salary Continuation Agreement (Capital Corp of the West), Salary Continuation Agreement (Capital Corp of the West), Salary Continuation Agreement (Capital Corp of the West)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ia) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (iib) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Section 409A of the Code Section 409A.and the regulations thereunder.
Appears in 6 contracts
Samples: Salary Continuation Agreement (Ottawa Savings Bancorp, Inc.), Salary Continuation Agreement (Ottawa Savings Bancorp, Inc.), Salary Continuation Agreement (Ottawa Savings Bancorp, Inc.)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the board or such committee or the Chief Financial Officer of the Company or such person(s) as the board shall appoint. The Executive may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 6 contracts
Samples: Salary Continuation Agreement (Capital Corp of the West), Salary Continuation Agreement (Capital Corp of the West), Salary Continuation Agreement (Capital Corp of the West)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator, which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Section 409A of the Code Section 409A.and regulations thereunder.
Appears in 6 contracts
Samples: Stock Appreciation Rights Agreement (Kinderhook Bank Corp), Stock Appreciation Rights Agreement (Kinderhook Bank Corp), Stock Appreciation Rights Agreement (Kinderhook Bank Corp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or persons as the Board may choose. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to Agreement, provided that such amendments and interpretations are made at all times in compliance with Section 409A of the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Code.
Appears in 6 contracts
Samples: Split Dollar Life Insurance Agreement, Split Dollar Life Insurance Agreement (FNB Bancorp/Ca/), Split Dollar Life Insurance Agreement (FNB Bancorp/Ca/)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration administra-tion of this Agreement and (ii) decide or resolve any and all questions, ques-tions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 6 contracts
Samples: Agreement (Temecula Valley Bancorp Inc), Supplemental Executive Retirement Agreement (Home Federal Bancorp), Agreement (Temecula Valley Bancorp Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration administra‐tion of this Agreement and (ii) decide or resolve any and all questions, ques‐tions including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Section 409A of the Code Section 409A.and regulations thereunder.
Appears in 5 contracts
Samples: Director Retirement Agreement (Plumas Bancorp), Director Retirement Agreement (Plumas Bancorp), Director Retirement Agreement (Plumas Bancorp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the Board or such committee or person(s) as the Board shall appoint. The Executive may not be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A..
Appears in 5 contracts
Samples: Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration administra-tion of this Agreement and (ii) decide or resolve any and all questionsques-tions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.
Appears in 5 contracts
Samples: Deferred Compensation Agreement (Bancorp 34, Inc.), Supplemental Executive Retirement Agreement (SBT Bancorp, Inc.), Salary Continuation Agreement (Bank of Marin Bancorp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the board or such committee or persons as the board shall appoint. The Director may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 5 contracts
Samples: Income Deferral Agreement (Cape Fear Bank CORP), Income Deferral Agreement (Cape Fear Bank CORP), Income Deferral Agreement (Cape Fear Bank CORP)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Section 409A of the Code Section 409A.and regulations thereunder.
Appears in 5 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Habersham Bancorp), Retirement Income Agreement (Home Federal Bancorp), Supplemental Executive Retirement Plan Agreement (Habersham Bancorp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the board or such committee or person(s) as the board shall appoint. The Executive may not be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A..
Appears in 5 contracts
Samples: Amended Salary Continuation Agreement (Crescent Financial Corp), Salary Continuation Agreement (Crescent Financial Corp), Salary Continuation Agreement (Crescent Financial Corp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the Board or such committee or person(s) as the Board shall appoint. The Executive may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ia) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (iib) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 5 contracts
Samples: Continuation Agreement (Cortland Bancorp Inc), Continuation Agreement (Cortland Bancorp Inc), Continuation Agreement (Cortland Bancorp Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 5 contracts
Samples: Elective Income Deferral Agreement (Capital Corp of the West), Elective Income Deferral Agreement (Capital Corp of the West), Elective Income Deferral Agreement (Capital Corp of the West)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Compensation Committee of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Section 409A of the Code Section 409A.and regulations thereunder.
Appears in 5 contracts
Samples: Peoples Bancorporation Inc /Sc/, Peoples Bancorporation Inc /Sc/, Peoples Bancorporation Inc /Sc/
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, amend interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Section 409A of the Code Section 409A.and regulations thereunder.
Appears in 4 contracts
Samples: First Farmers and Merchants Corporation Director Deferred Compensation Agreement (First Farmers & Merchants Corp), First Farmers and Merchants Bank Director Deferred Compensation Agreement (First Farmers & Merchants Corp), First Farmers and Merchants Bank Director Deferred Compensation Agreement (First Farmers & Merchants Corp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the board or such committee or person as the board appoints. The Executive may not be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questions, including interpretations of this Agreement, as questions that may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.arise.
Appears in 4 contracts
Samples: Salary Continuation Agreement (Fidelity Southern Corp), Salary Continuation Agreement (Fidelity Southern Corp), Salary Continuation Agreement (Fidelity Southern Corp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the board or such committee or persons as the board shall appoint. The Director may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A..
Appears in 4 contracts
Samples: Middlefield Banking Company (Middlefield Banc Corp), Retirement Agreement (Middlefield Banc Corp), Retirement Agreement (Middlefield Banc Corp)
Plan Administrator Duties. This Amended Agreement shall be administered by a Plan Administrator consisting of the board or such committee or persons as the board shall appoint. The Director may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ia) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Amended Agreement and (iib) decide or resolve any and all questions, including interpretations of this Amended Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Amended Agreement.
Appears in 4 contracts
Samples: Director Deferred Compensation Agreement (Newmil Bancorp Inc), Director Deferred Compensation Agreement (Newmil Bancorp Inc), Director Deferred Compensation Agreement (Newmil Bancorp Inc)
Plan Administrator Duties. This Agreement will be administered by a Plan Administrator consisting of the Board or such committee or person as the Board appoints. The Executive may not be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have has the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A..
Appears in 4 contracts
Samples: Continuation Agreement (Cortland Bancorp Inc), Continuation Agreement (Cortland Bancorp Inc), Continuation Agreement (Cortland Bancorp Inc)
Plan Administrator Duties. This Agreement will be administered by a Plan Administrator consisting of the Board or such committee or person as the Board appoints. The Executive may not be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have has the discretion and authority (x) to (i) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) to decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A..
Appears in 4 contracts
Samples: Continuation Agreement (Cortland Bancorp Inc), Continuation Agreement (Cortland Bancorp Inc), Continuation Agreement (Cortland Bancorp Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the board or such committee or persons as the board shall appoint. The Executive may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ia) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iib) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 3 contracts
Samples: Compensation Agreement (Middlefield Banc Corp), Compensation Agreement (Middlefield Banc Corp), Compensation Agreement (Middlefield Banc Corp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement
Appears in 3 contracts
Samples: Retirement Agreement (Community Partners Bancorp), Retirement Agreement (Community Partners Bancorp), Retirement Agreement (Community Partners Bancorp)
Plan Administrator Duties. This Agreement will be administered by a Plan Administrator consisting of the Board or such committee or person as the Board appoints. The Executive may not be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have has the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.. 7.2
Appears in 3 contracts
Samples: Continuation Agreement (BNC Bancorp), Continuation Agreement (BNC Bancorp), Continuation Agreement (BNC Bancorp)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as questions that may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.409A. If the Executive or his Beneficiary believes benefits are due under this Agreement in excess of the benefits that are being distributed, Article 7 provides guidance on the claims and review procedures that should be followed.
Appears in 3 contracts
Samples: Retirement Agreement, Retirement Agreement (Farmers & Merchants Bancshares, Inc.), Retirement Agreement (Farmers & Merchants Bancshares, Inc.)
Plan Administrator Duties. This Agreement shall be administered by the Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Executive may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Home Federal Bancorp, Inc.), Salary Continuation Agreement (Home Federal Bancorp, Inc.), Continuation Agreement (Home Federal Bancorp, Inc.)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Compensation and Human Resources Committee or its designee. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 3 contracts
Samples: Dollar Life Insurance Agreement (SBT Bancorp, Inc.), Dollar Life Insurance Agreement (SBT Bancorp, Inc.), Dollar Life Insurance Agreement (SBT Bancorp, Inc.)
Plan Administrator Duties. This Agreement will be administered by a Plan Administrator consisting of the board or such committee or person as the board appoints. The Executive may not be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have has the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A..
Appears in 3 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Cardinal Financial Corp), Supplemental Executive Retirement Plan Agreement (Cardinal Financial Corp), Supplemental Executive Retirement Plan Agreement (Cardinal Financial Corp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or persons as the Board may choose. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 3 contracts
Samples: Split Dollar Agreement (Ohio Valley Banc Corp), Endorsement Split Dollar Insurance Agreement (SBT Bancorp, Inc.), Pacific State Bank Split Dollar Life Insurance Agreement (Pacific State Bancorp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or persons as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Section 409A of the Code Section 409A.and regulations thereunder.
Appears in 3 contracts
Samples: Executive Incentive Retirement Plan (Sterling Bancorp, Inc.), Executive Centive Retirement Plan (Sterling Bancorp, Inc.), Sterling Bancorp, Inc.
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board or such committee or person(s) as the Board shall appoint. The Executive may be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement Agreement; and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 2 contracts
Samples: Salary Continuation Agreement (United Bancshares Inc/Oh), Salary Continuation Agreement (United Bancshares Inc/Oh)
Plan Administrator Duties. The Plan Administrator Company shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.409A of the Code.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Agreement (Midwest Banc Holdings Inc), Supplemental Executive Retirement Agreement (Midwest Banc Holdings Inc)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does would not conflict with cause taxation of the Executive’s benefits hereunder to be accelerated under Code Section 409A.
Appears in 2 contracts
Samples: Cambridge Trust Company (Cambridge Bancorp), Supplemental Executive Retirement Agreement (Cambridge Bancorp)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including United Labor Bank, F.S.B. Performance Driven Plan interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.
Appears in 2 contracts
Samples: Performance Driven Plan (First Ulb Corp.), Performance Driven Plan (First Ulb Corp.)
Plan Administrator Duties. This Agreement shall be administered by a ------------------------- Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Section 409A of the Code Section 409A.and regulations thereunder.
Appears in 2 contracts
Samples: Pacific Premier (Pacific Premier Bancorp Inc), Pacific Premier (Pacific Premier Bancorp Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, ques-tions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 2 contracts
Samples: Director Deferred Fee Agreement (Home Federal Bancorp), Director Deferred Fee Agreement (Home Federal Bancorp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the Board or such committee or person(s) as the Board shall appoint. The Executive may not be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A..
Appears in 2 contracts
Samples: Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 2 contracts
Samples: Deferred Compensation Agreement (Alamogordo Financial Corp), Deferred Compensation Agreement (Alamogordo Financial Corp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the board or such committee or person(s) as the board shall appoint. The Executive may not be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Crescent Financial Corp), Amended Salary Continuation Agreement (Crescent Financial Corp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the Board of Directors of the Association or such committee or person(s) as the Board of Directors of the Association shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the sole and absolute discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) the rights of the Executive under this Agreement, to decide or resolve any and all questionsquestions or disputes arising under this Agreement, including benefits payable under this Agreement and all other interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Fraternity Community Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Fraternity Community Bancorp Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 2 contracts
Samples: Supplemental Compensation Agreement (Pacific State Bancorp), Executive Supplemental Compensation (Temecula Valley Bancorp Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the Board of Directors, or such committee or person as the Board of Directors of the Bank shall appoint. The Executive may not be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A..
Appears in 2 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Select Bancorp, Inc.), 2019 Supplemental Executive Retirement Plan Agreement (Select Bancorp, Inc.)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration administration of this Agreement and (ii) decide or resolve any and all questionsquestions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Home Federal Bancorp, Inc.), Salary Continuation Agreement (Home Federal Bancorp, Inc.)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with the Agreement. Any actions taken by the Board in its role as Plan Administrator that may affect the material terms of this Agreement to shall require the extent written consent of the exercise of such discretion and authority does not conflict with Code Section 409A.Executive.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Agreement (Centra Financial Holdings Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan -------------------------- Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement
Appears in 1 contract
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator consisting of the Board or such committee or person as the Board shall appoint. The Executive may not be a member of the Plan Administrator. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ix) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (iiy) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A..
Appears in 1 contract
Samples: Amended Salary Continuation Agreement (Home Bancorp Wisconsin, Inc.)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the United Labor Bank, F.S.B. Performance Driven Plan extent the exercise of such discretion and authority does not conflict with Code Section 409A.
Appears in 1 contract
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.409A. Bank of the Cascades Deferred Bonus Agreement
Appears in 1 contract
Plan Administrator Duties. The Plan Administrator shall stall administer this Agreement according to its express terms and shall Shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.
Appears in 1 contract
Samples: Salary Continuation Agreement (Fidelity Federal Bancorp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or persons as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Section 409A of the Code Section 409A.and regulations thereunder.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Home Federal Bancorp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent Agreement, provided that such amendments and interpretations are made at all times in compliance with Section 409A of the exercise of such discretion and authority does not conflict with Code Section 409A.Code.
Appears in 1 contract
Samples: Supplemental Compensation Agreement (FNB Bancorp/Ca/)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to to: (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement Agreement; and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement. (c)
Appears in 1 contract
Samples: Dollar Life Insurance Agreement
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or persons as the Board may choose. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, ques-tions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.this
Appears in 1 contract
Samples: Supplemental Life Insurance Agreement (River Valley Bancorp)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, ques-tions including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Section 409A of the Code Section 409A.and regulations thereunder.
Appears in 1 contract
Samples: Home Federal Bancorp, Inc.
Plan Administrator Duties. This Agreement shall be administered by the Plan Administrator which shall consist of the Board, or such committee or persons as the Board may choose. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 1 contract
Samples: Death Benefit Plan and Agreement (Mid Penn Bancorp Inc)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.
Appears in 1 contract
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or persons as the Board may choose. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to Agreement, provided that such amendments and interpretations are made at all times in compliance with Section 409A of the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Code.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (FNB Bancorp/Ca/)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement. 8.3.
Appears in 1 contract
Samples: 1 Split Dollar Life Insurance Agreement This Agreement (Customers Bancorp, Inc.)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Section 409 A of the Code Section 409A.and regulations thereunder.
Appears in 1 contract
Samples: Director Retirement Agreement (Mercer Bancorp, Inc.)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration United Labor Bank, F.S.B. Performance Driven Plan of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.
Appears in 1 contract
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does would not conflict with cause taxation of the Executive's benefits hereunder to be accelerated under Code Section 409A.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Cambridge Bancorp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.409A and regulations thereunder.
Appears in 1 contract
Samples: Director Deferred Fee Agreement (Madison County Financial, Inc.)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement. XXXXXX GRILL Supplemental Executive Retirement Agreement
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Fentura Financial Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board of Trustees or its designee. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement.
Appears in 1 contract
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator, which shall consist of the Board, or such committee or person(s) as the Board shall appoint. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Section 409A of the Code Section 409A.and regulations thereunder.
Appears in 1 contract
Samples: Stock Appreciation Rights Agreement (Kinderhook Bank Corp)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.409A. Bank of the Cascades Deferred Bonus Agreement Beneficiary Designation Form
Appears in 1 contract
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration HARVARD SAVINGS BANK Salary Continuation Agreement of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this the Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.
Appears in 1 contract
Samples: Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.)
Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to to: (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.Agreement. Exhibit 10.11
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (Fidelity Southern Corp)
