Common use of VESTING OF MEMBER CONTRIBUTIONS AND Clause in Contracts

VESTING OF MEMBER CONTRIBUTIONS AND. OR DEFERRALS ------------------------------------------------ All Units credited to a Member's Account based on after-tax contributions and/or 401(k) deferrals made by the Member and any earnings related thereto (including any rollover contributions allocated to a Member's Account under the Plan and any earnings thereon) and, as provided in Section 3.9, Employer qualified nonelective contributions made on behalf of such Member shall be immediately and fully vested in him at all times.

Appears in 4 contracts

Samples: Adoption Agreement (BCSB Bankcorp Inc), Adoption Agreement (Pulaski Financial Corp), HMN Financial Inc

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