STOCK COMPENSATION PLANS. (a) The Holding Company and the Savings Bank are authorized to adopt Tax-Qualified Employee Stock Benefit Plans in connection with the Conversion, including without limitation an employee stock ownership plan.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Bradford Bancorp Inc /MD), Agreement and Plan of Merger (Patapsco Bancorp Inc)
STOCK COMPENSATION PLANS. (a) The Holding Company and the Savings Bank Association are authorized to adopt Tax-Qualified Employee Stock Benefit Plans in connection with the ConversionConversion and Reorganization, including without limitation an employee stock ownership plan.
Appears in 2 contracts
Samples: Plan of Merger (Community Savings Bankshares Inc /De/), Plan of Merger (Community Savings Bankshares Inc /De/)
STOCK COMPENSATION PLANS. (a) A. The Holding Company and the Savings Bank are authorized to adopt Tax-Qualified Employee Stock Benefit Plans in connection with the ConversionConversion and Reorganization, including without limitation an employee stock ownership plan.
Appears in 2 contracts
Samples: Plan of Merger (Guaranty Federal Bancshares Inc), Guaranty Federal Bancshares Inc
STOCK COMPENSATION PLANS. (a) 1. The Holding Company and the Savings Bank are authorized to adopt Tax-Tax- Qualified Employee Stock Benefit Plans in connection with the ConversionConversion and Reorganization, including without limitation an employee stock ownership plan.
Appears in 1 contract
Samples: Cumberland Mountain Bancshares Inc
STOCK COMPENSATION PLANS. (a) The Holding Company and the Savings Bank are authorized to adopt Tax-Qualified Employee Stock Benefit Plans in connection with the ConversionConversion and Reorganization, including without limitation an employee stock ownership plan.
Appears in 1 contract
Samples: Willow Grove Bancorp Inc
