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Common use of Term of Plan Clause in Contracts

Term of Plan. This Plan shall remain in effect until the earlier of (1) ten (10) years from the Effective Date, (2) termination by the Board, or (3) the distribution to Recipients and Beneficiaries of all assets of the Trust.

Appears in 17 contracts

Samples: Recognition and Retention Plan and Trust Agreement (First Keystone Financial Inc), Recognition and Retention Plan for Directors and Trust Agreement (Esb Financial Corp), 1997 Recognition and Retention Plan and Trust Agreement (Gs Financial Corp)

Term of Plan. This Plan shall remain in effect until the earlier of (1i) ten (10) years from the Effective Date, (2ii) termination by the Board, or (3iii) the distribution to Recipients and Beneficiaries of all the assets of the Trust.

Appears in 10 contracts

Samples: 2003 Recognition and Retention Plan and Trust Agreement (Minden Bancorp, Inc.), Recognition and Retention Plan and Trust Agreement (Tierone Corp), 1999 Recognition and Retention Plan and Trust Agreement (Willow Financial Bancorp, Inc.)

Term of Plan. This Plan shall remain in effect until the earlier of (1) ten (10) years from the Effective Date, (2) termination by the Board, or (3) the distribution to Recipients and Beneficiaries of all the assets of the Trust.

Appears in 2 contracts

Samples: 1999 Recognition and Retention Plan and Trust Agreement (Ibl Bancorp), 1999 Recognition and Retention Plan and Trust Agreement (Community Savings Bankshares Inc /De/)

Term of Plan. This Plan shall remain in effect until the earlier of (1) ten (10) 10 years from the Effective Date, (2) termination by the Board, or (3) the distribution to Recipients and Beneficiaries of all the assets of the Trust.

Appears in 1 contract

Samples: 2010 Recognition and Retention Plan and Trust Agreement (Fairmount Bancorp, Inc.)

Term of Plan. This Plan shall remain in effect until the earlier of (1i) ten five (105) years from the Effective Date, (2ii) termination by the Board, or (3iii) the distribution to Recipients Grantees and Beneficiaries of all the assets of the Trust.

Appears in 1 contract

Samples: Retention Plan and Trust Agreement (Emmis Communications Corp)

Term of Plan. This Plan shall remain in effect until the earlier ------------ of (1) ten (10) years from the Effective Date, (2) termination by the Board, or (3) the distribution to Recipients and Beneficiaries of all assets of the Trust.

Appears in 1 contract

Samples: Recognition and Retention Plan and Trust Agreement (WVS Financial Corp)