Term of Plan. This Plan shall remain in effect until the earlier of (i) termination by the Board, (ii) the distribution of all assets of the Trust, or (iii) 21 years from the Effective Date. Termination of the Plan shall not effect any Plan Share Awards previously granted, and such Plan Share Awards shall remain valid and in effect until they have been earned and paid, or by their terms expire or are forfeited.
Appears in 31 contracts
Samples: Stock Bonus Plan and Trust Agreement (Wells Financial Corp), Restricted Stock Plan and Trust Agreement (Guaranty Federal Bancshares Inc), Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.)
Term of Plan. This The Plan shall remain in effect until the earlier of (ia) the termination of the Plan by the Board, Board or (iib) the distribution of all assets of from the Trust, or (iii) 21 years from the Effective Date. Termination The termination of the Plan shall not effect affect any Plan Share Awards previously granted, granted and such Plan Share Awards shall remain valid and in effect until they have been earned and paid, paid or by their terms expire or are forfeited.
Appears in 10 contracts
Samples: Recognition and Retention Plan and Trust Agreement (Home Loan Financial Corp), Recognition and Retention Plan (Market Financial Corp), Recognition and Retention Plan and Trust Agreement (Ohio State Financial Services Inc)
Term of Plan. This Plan shall remain in effect until the earlier of (i1) 21 years from the effective date of its adoption, (2) termination by the Board, or (ii3) the distribution of all assets of the Trust, or (iii) 21 years from the Effective Date. Termination of the Plan shall not effect affect any Plan Share Awards previously granted, and such Plan Share Awards shall remain valid and in effect until they have been earned and paid, or by their terms expire or are forfeited.
Appears in 8 contracts
Samples: Recognition and Retention Plan and Trust Agreement (Union Community Bancorp), Recognition and Retention Plan and Trust Agreement (City Savings Financial Corp), Recognition and Retention Plan and Trust Agreement (Citizens Bancorp)
Term of Plan. This Plan shall remain in effect until the earlier of (i1) termination by the Board, (ii2) the distribution of all assets of the Trust, or (iii3) 21 years from the Effective Date. Termination of the Plan shall not effect any Plan Share Awards previously granted, and such Plan Share Awards shall remain valid and in effect until they have been earned and paid, or by their terms expire or are forfeited.
Appears in 7 contracts
Samples: Management Stock Bonus Plan and Trust Agreement (Thistle Group Holdings Co), Management Recognition Plan and Trust Agreement (First Colorado Bancorp Inc), Management Stock Bonus Plan and Trust Agreement (Thistle Group Holdings Co)
Term of Plan. This Plan shall remain in effect until the earlier of (i1) 21 years from its effective date, (2) termination by the Board, or (ii3) the distribution of all assets of the Trust, or (iii) 21 years from the Effective Date. Termination of the Plan shall not effect affect any Plan Share Awards previously granted, and such Plan Share Awards shall remain valid and in effect until they have been earned and paid, or by their terms expire or are forfeited.
Appears in 3 contracts
Samples: Recognition and Retention Plan and Trust (River Valley Bancorp), Recognition and Retention Plan and Trust (River Valley Bancorp), Recognition and Retention Plan and Trust (River Valley Bancorp)
Term of Plan. This The Plan shall remain in effect until the earlier of (ia) the termination of the Plan by the Board, Board or (iib) the distribution of all assets of from the Trust, or (iii) 21 years from the Effective Date. Termination The termination of the Plan shall not effect affect any Plan Share Awards previously granted, and such Plan Share Awards shall remain valid and in effect until they have been earned and paid, paid or by their terms expire or are forfeited.
Appears in 3 contracts
Samples: Recognition and Retention Plan and Trust Agreement (Columbia Financial of Kentucky Inc), Recognition and Retention Plan and Trust Agreement (United Community Financial Corp), Recognition and Retention Plan and Trust Agreement (Columbia Financial of Kentucky Inc)
Term of Plan. This Plan shall remain in effect until the earlier of (i) termination by the Board, (ii) the distribution of all assets of the Trust, or (iii) 21 years from the Effective Date. Termination of the Plan shall not effect any Plan Share Awards previously granted, and such Plan Share Awards shall remain valid and in effect until they have been earned and paiddelivered, or by their terms expire or are forfeited.
Appears in 3 contracts
Samples: Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.), Restricted Stock Plan and Trust Agreement (Se Financial Corp), Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.)
Term of Plan. This Plan shall remain in effect until the earlier of of: (i1) termination by the Board, Board of Directors; (ii2) the distribution to Recipients, Beneficiaries, the Company or the Bank of all assets of the Trust, ; or (iii3) 21 years from the Effective Date. Termination of the Plan shall not effect not, unless expressly specified, affect any Plan Share Awards previously granted, and such Plan Share Awards shall remain valid and in effect until they have been earned and paid, or by their terms expire or are forfeited.
Appears in 2 contracts
Samples: Management Development and Recognition Plan and Trust Agreement (CSB Financial Group Inc), Management Development and Recognition Plan and Trust Agreement (Cgb&l Financial Group Inc)
Term of Plan. This Plan shall remain in effect until the earlier of (i1) 21 years from the Effective Date, (2) termination by the Board, or (ii3) the distribution of all assets of the Trust, or (iii) 21 years from the Effective Date. Termination or amendment of the Plan shall not effect affect any Plan Share Awards previously granted, and such Plan Share Awards shall remain valid and in effect until they have been earned and paid, or by their terms expire or are forfeited.
Appears in 2 contracts
Samples: Management Recognition Plan and Trust Agreement (Old Guard Group Inc), Management Recognition Plan and Trust Agreement (Mercer Insurance Group Inc)
Term of Plan. This Plan shall remain in effect until the earlier of (i1) 21 years from the Effective Date, (2) termination by the Board, or (ii3) the distribution of all assets of the Trust, or (iii) 21 years from the Effective Date. Termination of the Plan shall not effect affect any Plan Share Awards previously granted, and such Plan Share Awards shall remain valid and in effect until they have been earned and paid, or by their terms expire or are forfeited.
Appears in 1 contract
Samples: Recognition and Retention Plan and Trust Agreement (First Federal Bankshares Inc)
Term of Plan. This Plan shall remain in effect until the earlier of (i1) 21 years from the Effective Date, (2) termination by the BoardBoard of Directors of the Company, or (ii3) the distribution of all assets of the Trust, or (iii) 21 years from the Effective Date. Termination of the Plan shall not effect affect any Plan Share Awards previously granted, and such Plan Share Awards shall remain valid and in effect until they have been earned and paid, or by their terms expire or are forfeited.
Appears in 1 contract
Samples: Recognition and Retention Plan and Trust Agreement (Camden National Corp)
Term of Plan. This Plan shall remain in effect until the earlier of (i) termination by the Board, (ii) the distribution of all assets of the Trust, or (iii1) 21 years from the Effective DateDate or (2) termination by the Board. Termination of the Plan shall not effect affect any Plan Share Awards previously granted, and such Plan Share Awards shall remain valid and in effect until they have been earned and paid, or by their terms expire or are forfeited.
Appears in 1 contract
Samples: Recognition and Retention Plan (Reliance Bancshares Inc)
Term of Plan. This Plan shall remain in effect until the earlier of (i1) termination by the Board, or (ii2) the distribution of all assets of the Trust, or (iii) 21 years from the Effective Date. Termination of the Plan shall not effect affect any Plan Share Awards previously granted, and such Plan Share Awards shall remain valid and in effect until they have been earned and paid, or by their terms expire or are forfeited.
Appears in 1 contract
Samples: Recognition and Retention Plan (Guaranty Federal Bancshares Inc)
Term of Plan. This Plan shall remain in effect until the ------------ earlier of (i1) 21 years from the Effective Date; (2) termination by the Board, Board of Directors of the Company; or (ii3) the distribution of all assets of the Trust, or (iii) 21 years from the Effective Date. Termination of the Plan shall not effect affect any Plan Share Awards previously granted, and such Plan Share Awards shall remain valid and in effect until they have been earned and paid, or by their terms expire or are forfeited.
Appears in 1 contract
Samples: Recognition and Retention Plan (Harbor Florida Bancorp Inc)
Term of Plan. This Plan shall remain in effect until the earlier of (i) termination by the Board, (ii) the distribution of all assets of the Trust, or (iii) 21 years from the Effective Date. Termination of the Plan shall not effect any Plan Share Awards previously granted, and such Plan Share Awards shall remain valid and in effect until they have been earned and paid, or by their terms expire or are forfeited.
Appears in 1 contract
Samples: Management Stock Bonus Plan and Trust Agreement (First Colorado Bancorp Inc)
Term of Plan. This Plan shall remain in effect until the ------------ earlier of (i1) 21 years from the Effective Date; (2) termination by the Board, ; or (ii3) the distribution of all assets of the Trust, or (iii) 21 years from the Effective Date. Termination of the Plan shall not effect affect any Plan Share Awards previously granted, and such Plan Share Awards shall remain valid and in effect until they have been earned and paid, or by their terms expire or are forfeited.
Appears in 1 contract
Samples: Outside Directors' Recognition and Retention Plan (Harbor Florida Bancorp Inc)
Term of Plan. This Plan shall remain in effect until the earlier of (i1) 10 years from the Effective Date, (2) termination by the Holding Company Board, or (ii3) the distribution of all assets of the Trust, or (iii) 21 years from the Effective Date. Termination of the Plan shall not effect affect any Plan Share Awards previously granted, and such Plan Share Awards shall remain valid and in effect until they have been earned and paid, or by their terms expire or are forfeited.
Appears in 1 contract
Samples: Recognition and Retention Plan and Trust Agreement (Three Rivers Financial Corp)
