Preservation of Documents. In connection with any Transaction approved by FBTS, FBTS will create a Transaction folder and preserve, for at least six (6) years the following: 1. The full name, business address, business telephone number and email address at the time of FBTS' consideration of the Transaction of each employee who was primarily responsible for the Transaction, including any employee who participated in decisions on whether to proceed with the Transaction or the price of the Transaction, and any other FBTS employee who made any material decision(s) on behalf of PBTS in connection with the Transaction; 2. All relevant notes and records created by FBTS in connection with its consideration of the Transaction, including all documentation required by this Consent Order; 3. The vote (yes or no) of each employee of FBTS who voted on the proposed transaction and a signed certification by each voting employee, in his or her representative capacity, and any other FBTS employee who made any material decision(s) on behalf of FBTS in connection with the proposed Transaction that they have read the valuation report, identified its underlying assumptions, and considered the reasonableness of the valuation report's assumptions and conclusions; 4. All relevant documents FBTS and the employees identified in paragraph (I) l above relied on in making the decisions; 5. All relevant electronic or other written communications FBTS and the employees identified in paragraph (I)1 above had with service providers (including any valuation advisor), the plan sponsor, any non-ESOP counterparties, and any advisors retained by the plan sponsor or non-ESOP counterparties;
Appears in 2 contracts
Samples: Agreement Concerning Process Requirements for Employee Stock Ownership Plan Transactions, Agreement Concerning Process Requirements for Employee Stock Ownership Plan Transactions
Preservation of Documents. In connection with any Transaction approved by FBTSAlpha, FBTS Alpha will create a Transaction folder and preserve, preserve for at least six (6) years the following:
1. The full name, business address, business telephone number and email address at the time of FBTS' Xxxxx's consideration of the Transaction of each employee who was primarily responsible for the Transaction, including any employee who participated in decisions on whether to proceed with the Transaction or the price of the Transaction, and any other FBTS Alpha employee who made any material decision(s) on behalf of PBTS Alpha in connection with the Transaction;
2. All relevant notes and records created by FBTS Alpha in connection with its consideration of the Transaction, including all documentation required by this Consent OrderOrder and Judgment;
3. The vote (yes or no) of each employee of FBTS Alpha who voted on the proposed transaction and a signed certification by each voting employee, in his or her representative capacity, and any all other FBTS employee Alpha employees who made any material decision(s) on behalf of FBTS Alpha in connection with the proposed Transaction that they have read the valuation report, identified its underlying assumptions, and considered the reasonableness of the valuation report's assumptions and conclusions;
4. All relevant documents FBTS Alpha and the employees identified in paragraph (II)(1) l above relied on in making the decisions;
5. All relevant electronic or other written communications FBTS Alpha and the employees identified in paragraph (I)1 I)(1) above had with service providers (including any valuation advisor), the plan sponsor, any non-ESOP counterparties, and any advisors retained by the plan sponsor or non-ESOP counterparties;
Appears in 2 contracts
Samples: Agreement Concerning Process Requirements for Employee Stock Ownership Plan Transactions, Agreement Concerning Process Requirements for Employee Stock Ownership Plan Transactions
Preservation of Documents. In connection with any Transaction approved by FBTSAlpha, FBTS Alpha will create a Transaction folder and preserve, preserve for at least six (6) years the following:
1. The full name, business address, business telephone number and email address at the time of FBTS' Alpha's consideration of the Transaction of each employee who was primarily responsible for the Transaction, including any employee who participated in decisions on whether to proceed with the Transaction or the price of the Transaction, and any other FBTS Alpha employee who made any material decision(s) on behalf of PBTS Alpha in connection with the Transaction;
2. All relevant notes and records created by FBTS Alpha in connection with its consideration of the Transaction, including all documentation required by this Consent OrderOrder and Judgment;
3. The vote (yes or no) of each employee of FBTS Alpha who voted on the proposed transaction and a signed certification by each voting employee, in his or her representative capacity, and any all other FBTS employee Alpha employees who made any material decision(s) on behalf of FBTS Alpha in connection with the proposed Transaction that they have read the valuation report, identified its underlying assumptions, and considered the reasonableness of the valuation report's assumptions and conclusions;
4. All relevant documents FBTS Alpha and the employees identified in paragraph (II)(1) l above relied on in making the decisions;
5. All relevant electronic or other written communications FBTS Alpha and the employees identified in paragraph (I)1 I)(1) above had with service providers (including any valuation advisor), the plan sponsor, any non-ESOP counterparties, and any advisors retained by the plan sponsor or non-ESOP counterparties;
Appears in 1 contract
Samples: Agreement Concerning Fiduciary Engagements and Process Requirements for Employer Stock Transactions
Preservation of Documents. In connection with any Transaction approved by FBTSFNB, FBTS FNB will create a Transaction folder and preserve, preserve for at least six (6) years the Case 1:20-cv-00674-JRS-TAB Document 2 Filed 02/28/20 Page 25 of 29 PageID #: 37 following:
1. The full name, business address, business telephone number and email address at the time of FBTS' FNB's consideration of the Transaction of each employee who was primarily responsible for the Transaction, including any employee who participated in decisions on whether to proceed with the Transaction or the price of the Transaction, and any other FBTS FNB employee who made any material decision(s) on behalf of PBTS FNB in connection with the Transaction;
2. All relevant notes and records created by FBTS FNB in connection with its consideration of the Transaction, including all documentation required by this Consent OrderOrder and Judgment;
3. The vote (yes or no) of each employee of FBTS FNB who voted on the proposed transaction Transaction and a signed certification by each voting employee, in his or her representative capacity, and any all other FBTS employee FNB employees who made any material decision(s) on behalf of FBTS FNB in connection with the proposed Transaction that they have read the valuation report, identified its underlying assumptions, and considered the reasonableness of the valuation report's assumptions and conclusions;
4. All relevant documents FBTS FNB and the employees identified in paragraph (II)(1) l above relied on in making the decisions;
5. All relevant electronic or other written communications FBTS FNB and the employees identified in paragraph (I)1 I)(1) above had with service providers (including any valuation advisor), the plan sponsor, any non-ESOP counterparties, and any advisors retained by the plan sponsor or non-ESOP counterparties;
Appears in 1 contract
Samples: Agreement Concerning Fiduciary Engagements and Process Requirements for Employer Stock Transactions