Plan Administrator. This Agreement shall be administered by the Bank’s board of directors or any subset of the board at the pleasure of its Chairman (the “Plan Administrator”).
Appears in 9 contracts
Samples: Split Dollar Life Insurance Agreement (Prime Meridian Holding Co), Split Dollar Life Insurance Agreement (Prime Meridian Holding Co), Split Dollar Life Insurance Agreement (Prime Meridian Holding Co)
Plan Administrator. This Agreement shall be administered by a Plan Administrator, which shall consist of the Bank’s board of directors or any subset such committee as the board shall appoint. The Employee may be a member of the board at the pleasure of its Chairman (the “Plan Administrator”).
Appears in 8 contracts
Samples: Split Dollar Life Insurance Agreement (Square 1 Financial Inc), Split Dollar Life Insurance Agreement (Square 1 Financial Inc), Split Dollar Life Insurance Agreement (Square 1 Financial Inc)
Plan Administrator. This Agreement shall be administered by a “Plan Administrator”, which shall consist of the Bank’s board of directors or any subset such committee as the board shall appoint. The Employee may be a member of the board at the pleasure of its Chairman (the “Plan Administrator”).
Appears in 6 contracts
Samples: Salisbury Bank and Trust Company (Salisbury Bancorp, Inc.), Salisbury Bank and Trust Company (Salisbury Bancorp, Inc.), Salisbury Bank and Trust Company (Salisbury Bancorp, Inc.)
