Common use of Regulatory Exceptions Clause in Contracts

Regulatory Exceptions. No Plan Shares shall be distributed, however, unless and until all of the requirements of all applicable law and regulation shall have been fully complied with, including the receipt of approval of the Plan by the stockholders of the Parent by such vote, if any, as may be required by applicable law and regulations as determined by the Board.

Appears in 12 contracts

Samples: Restricted Stock Plan and Trust Agreement (Guaranty Federal Bancshares Inc), Restricted Stock Plan and Trust Agreement (Esb Financial Corp), Restricted Stock Plan and Trust Agreement (Eureka Financial Corp)

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Regulatory Exceptions. No Plan Shares shall be distributed, however, unless and until all of the requirements of all applicable law and regulation shall have been fully complied with, including the receipt of approval of the Plan by the stockholders of the Parent by such vote, if any, as may be required by applicable law and regulations as determined by the Boardregulations.

Appears in 9 contracts

Samples: Restricted Stock Plan and Trust Agreement (Osage Federal Financial Inc), Restricted Stock Plan and Trust Agreement (Bucs Financial Corp), Restricted Stock Plan and Trust Agreement (Osage Bancshares, Inc.)

Regulatory Exceptions. No Plan Shares shall be distributed, however, unless and until all of the requirements of all applicable law and regulation shall have been fully complied with, including the receipt of approval of the Plan by the stockholders of the Parent Savings Bank by such vote, if any, as may be required by applicable law and regulations as determined by the Board.

Appears in 8 contracts

Samples: Management Stock Bonus Plan and Trust Agreement (Thistle Group Holdings Co), Restricted Stock Plan and Trust Agreement (PHS Bancorp Inc), Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.)

Regulatory Exceptions. No Plan Shares shall be distributed, however, unless and until all of the requirements of all applicable law and regulation shall have been fully complied with, including the receipt of approval of the Plan by the stockholders of the Parent Company by such vote, if any, as may be required by applicable law and regulations as determined by the Boardregulations.

Appears in 6 contracts

Samples: Restricted Stock Plan and Trust Agreement (Synergy Financial Group Inc), Stock Bonus Plan and Trust Agreement (Synergy Financial Group Inc /Nj/), Restricted Stock Plan and Trust Agreement (Community First Bancorp Inc)

Regulatory Exceptions. No Plan Shares shall be distributed, however, unless and until all of the requirements of all applicable law and regulation shall have been fully complied with, including the receipt of approval of the Plan by the stockholders of the Parent by such vote, if any, as may be required by applicable law and regulations with as determined by the BoardBoard upon advice of legal counsel.

Appears in 4 contracts

Samples: Stock Bonus Plan and Trust Agreement (Wells Financial Corp), Stock Bonus Plan and Trust Agreement (Wells Financial Corp), Stock Bonus Plan and Trust Agreement (Farnsworth Bancorp Inc)

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Regulatory Exceptions. No Plan Shares shall be distributed, however, unless and until all of the requirements of all applicable law and regulation shall have been fully complied with, including the receipt of approval of the Plan by the stockholders shareholders of the Parent by such vote, if any, as may be required by applicable law and regulations as determined by the Boardregulations.

Appears in 2 contracts

Samples: Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.), Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.)

Regulatory Exceptions. No Plan Shares shall be distributed, however, unless and until all of the requirements of all applicable law and regulation shall have been fully complied with, including the receipt of approval of the Plan by the stockholders of the Parent Association by such vote, if any, as may be required by applicable law and regulations as determined by the Board.

Appears in 1 contract

Samples: Management Stock Bonus Plan and Trust Agreement (Thistle Group Holdings Co)

Regulatory Exceptions. No Plan Shares shall be distributed, however, unless and until all of the requirements of all applicable law and regulation shall have been fully complied with, including the receipt of approval of the Plan by the stockholders of the Parent by such vote, if any, as may be required by applicable law and regulations as determined by the Board.

Appears in 1 contract

Samples: Restricted Stock Plan and Trust Agreement (Se Financial Corp)

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