Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board.
Appears in 6 contracts
Samples: Enterprise Bank and Trust Company (Enterprise Bancorp Inc /Ma/), Salary Continuation Agreement (Enterprise Bancorp Inc /Ma/), Salary Continuation Agreement (Enterprise Bancorp Inc /Ma/)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the BoardBoard of Directors of the Bank, or such committee or person(s) as the Board of Directors of the Bank shall appoint. The Director may be a member of the Plan Administrator. The Plan Administrator 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 the Agreement.
Appears in 5 contracts
Samples: Director Retirement Agreement (Independent Bank Corp), Director Retirement Agreement (Peoples Federal Bancshares, Inc.), Director Retirement Agreement (Peoples Federal Bancshares, Inc.)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the BoardBank’s Board of Trustees, or such committee or person(s) as the Board of Trustees shall appoint. The Executive may be a member of the Plan Administrator. The Plan Administrator 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 the Agreement.
Appears in 5 contracts
Samples: Supplemental Executive Retirement Agreement (North Penn Bancorp, Inc.), Supplemental Executive Retirement Agreement (North Penn Bancorp, Inc.), Supplemental Executive Retirement Agreement (New North Penn Bancorp Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist consisting of the Board.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 have the discretion and authority to (x) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (y) decide or resolve any and all questions that may arise, including interpretations of this Agreement. 8.2
Appears in 5 contracts
Samples: Tidelands Bank Salary Continuation Agreement (Tidelands Bancshares Inc), Tidelands Bank Salary Continuation Agreement (Tidelands Bancshares Inc), Tidelands Bank salary Continuation Agreement (Tidelands Bancshares Inc)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist consisting of the BoardBank’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 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 the Agreement.
Appears in 4 contracts
Samples: Amended Salary Continuation Agreement (Southern Community Financial Corp), Salary Continuation Agreement (Southern Community Financial Corp), Amended Salary Continuation Agreement (Southern Community Financial Corp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist consisting of the Board of Directors of Investar Holding Corporation (the “Board”) or such committee thereof or person as the Board shall appoint. The Executive may not be a member of the Plan Administrator. The Plan Administrator shall have the discretion and authority to (a) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (b) decide or resolve any and all questions that may arise, including interpretations of this Agreement.
Appears in 4 contracts
Samples: Supplemental Salary Continuation Agreement (Investar Holding Corp), Supplemental Salary Continuation Agreement (Investar Holding Corp), Salary Continuation Agreement (Investar Holding Corp)
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist of the Board., or such committee as the Board shall appoint. The Executive may be a member of the Plan Administrator. The Plan Administrator 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 the Agreement. 5.2
Appears in 2 contracts
Samples: Grange National (Grange National Banc Corp), Grange National (Grange National 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
Appears in 1 contract
Plan Administrator Duties. This Agreement shall be administered by a Plan Administrator which shall consist consisting of the Boardboard's Compensation Committee or such persons as the Compensation Committee shall appoint. The Executive may not be a member of the Plan Administrator. The Plan Administrator shall have the discretion and authority to (x) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (y) decide or resolve any and all questions that may arise, including interpretations of this Agreement.
Appears in 1 contract
Samples: Southern Michigan Bancorp Inc
