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Common use of Recusal Clause in Contracts

Recusal. An individual serving as Plan Administrator may be eligible to participate in the Plan, but such person shall not be entitled to participate in discretionary decisions under Article 7 relating to such person’s own interests in the Plan.

Appears in 26 contracts

Samples: Supplemental Director Retirement Agreement (BV Financial, Inc.), Supplemental Executive Retirement Plan (First Bancshares Inc /MS/), Supplemental Executive Retirement Agreement

Recusal. An individual serving as Plan Administrator may be eligible to participate in the Plan, but such person shall not be entitled to participate in discretionary decisions under Article 7 8 relating to such person’s own interests in the Plan.

Appears in 6 contracts

Samples: Supplemental Executive Retirement Agreement (Plumas Bancorp), Supplemental Executive Retirement Agreement, Supplemental Executive Retirement Agreement (Plumas Bancorp)

Recusal. An individual serving as Plan Administrator may be eligible to participate in the Plan, but such person shall not be entitled to participate in discretionary decisions under Article Articles 6 or 7 relating to such person’s own interests in the Plan.

Appears in 3 contracts

Samples: Supplemental Executive Retirement Agreement (Stewardship Financial Corp), Supplemental Executive Retirement Agreement (Stewardship Financial Corp), Supplemental Executive Retirement Agreement (Stewardship Financial Corp)

Recusal. An individual serving as Plan Administrator may be eligible to participate in the Plan, but such person shall not be entitled to participate in discretionary decisions under Article 7 relating to such person’s own interests in the Plan.. WashingtonFirst Bank Supplemental Executive Retirement Agreement

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (WashingtonFirst Bankshares, Inc.)