Common use of Timing of Distributions: General Rule Clause in Contracts

Timing of Distributions: General Rule. Subject to the provisions of Section 7.05 hereof, Plan Shares shall be distributed to the Recipient or his Beneficiary, as the case may be, as soon as practicable after they have been earned.

Appears in 5 contracts

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

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Timing of Distributions: General Rule. Subject to the provisions of Section 7.05 hereof, Plan Shares shall be distributed to the Recipient or his or her Beneficiary, as the case may be, as soon as practicable after they have been earned.

Appears in 2 contracts

Samples: Recognition and Retention Plan and Trust Agreement (Abington Bancorp, Inc./Pa), 2005 Recognition and Retention Plan and Trust Agreement (Home Federal Bancorp, Inc. Of Louisiana)

Timing of Distributions: General Rule. Subject to the provisions of Section 7.05 hereof, Plan Shares shall be distributed to the Recipient or his Beneficiary, as the case may be, as soon as practicable after they have been earned.

Appears in 1 contract

Samples: 1997 Recognition and Retention Plan and Trust Agreement (Gs Financial Corp)

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Timing of Distributions: General Rule. Subject to the provisions of Section 7.05 7.5 hereof, Plan Shares shall be distributed to the Recipient or his or her Beneficiary, as the case may be, as soon as practicable after they have been earned.

Appears in 1 contract

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

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