Voting of Plan Shares. After a Plan Share Award has become earned and non-forfeitable, the Participant shall be entitled to direct the Trustee as to the voting of the Plan Shares which are associated with the Plan Share Award and which have not yet been distributed pursuant to Section 7.03, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants are not entitled to direct, or have not directed, the voting of such Shares, shall be voted by the Trustee as directed by the Committee.
Appears in 16 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.)
Voting of Plan Shares. After a Plan Share Award has become earned and non-forfeitable, the Participant shall be entitled to direct the Trustee as to the voting of the Plan Shares which are associated with the Plan Share Award and which have not yet been distributed pursuant to Section 7.03, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants have not yet earned and are not entitled to direct, or have not directed, the voting of such Shares, shall be voted by the Trustee as directed by the Committee.
Appears in 7 contracts
Samples: Restricted Stock Plan and Trust Agreement (Synergy Financial Group Inc), Restricted Stock Plan and Trust Agreement (Synergy Financial Group Inc /Nj/), Restricted Stock Plan (Floridafirst Bancorp Inc)
Voting of Plan Shares. After a Plan Share Award has become earned and non-non- forfeitable, the Participant shall be entitled to direct the Trustee as to the voting of the Plan Shares which are associated with the Plan Share Award and which have not yet been distributed pursuant to Section 7.03, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants are not entitled to direct, or have not directed, the voting of such Shares, shall be voted by the Trustee as directed by the Committee.
Appears in 4 contracts
Samples: Restricted Stock Plan and Trust Agreement (Esb Financial Corp), Restricted Stock Plan and Trust Agreement (Afsala Bancorp Inc), Restricted Stock Plan and Trust Agreement (Skibo Financial Corp)
Voting of Plan Shares. After a Plan Share Award has become earned and non-forfeitablebeen granted, the Participant Recipient shall be entitled to direct the Trustee as to the voting of the Plan Shares which are associated with covered by the Plan Share Award and which have not yet been earned and distributed pursuant to Section 7.03, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants Recipients are not entitled to direct, or have not directed, the voting of such Sharesof, shall be voted by the Trustee as directed by the Committee.
Appears in 4 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 (Beckley Bancorp Inc)
Voting of Plan Shares. After a Plan Share Award (other than a Performance Share Award) has become earned and non-forfeitablebeen made, the Participant Recipient shall be entitled to direct the Trustee as to the voting of the Plan Shares which are associated with covered by the Plan Share Award and which have not yet been earned and distributed to him pursuant to Section 7.03, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust which have not been awarded under a Plan Share Award, shares subject to Performance Share Awards which have not yet vested and shares which have been awarded as to which Participants are not entitled to direct, or Recipients have not directed, directed the voting of such Shares, shall be voted by the Trustee as directed by the Committeein its discretion.
Appears in 4 contracts
Samples: 1999 Recognition and Retention Plan and Trust Agreement (Willow Financial Bancorp, Inc.), Recognition and Retention Plan and Trust Agreement (Willow Financial Bancorp, Inc.), 1999 Recognition and Retention Plan and Trust Agreement (Ibl Bancorp)
Voting of Plan Shares. After a Plan Share Award has become earned and non-non- forfeitable, the Participant Recipient shall be entitled to direct the Trustee as to the voting of the Plan Shares which are associated with covered by the Plan Share Award and which have not yet been distributed pursuant to Section 7.03, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants Recipients are not entitled to direct, or have not directed, the voting of such Sharesof, shall be voted by the Trustee as directed by the Committee.
Appears in 3 contracts
Samples: Management Stock Bonus Plan and Trust Agreement (Swva Bancshares Inc), Management Stock Bonus Plan and Trust Agreement (GFSB Bancorp Inc), Management Stock Bonus Plan and Trust Agreement (Guthrie Savings Inc)
Voting of Plan Shares. After a Plan Share Award has become earned and non-forfeitable, the A Participant shall be entitled to direct the Trustee as to the voting of the any Plan Shares which are associated with the a Plan Share Award Award, whether or not earned and non- forfeitable, and which have not yet been distributed pursuant to Section 7.03, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants are not entitled to direct, or have not directed, the voting of such Shares, shall be voted by the Trustee as directed by the Committee.
Appears in 2 contracts
Samples: Restricted Stock Plan and Trust Agreement (PHSB Financial Corp), Restricted Stock Plan and Trust Agreement (PHS Bancorp Inc)
Voting of Plan Shares. After a Plan Share Award has become earned and non-forfeitable, the A Participant shall be entitled to direct the Trustee as to the voting of the any Plan Shares which are associated with the a Plan Share Award Award, once such awards are earned and which have not yet been distributed pursuant to Section 7.03non- forfeitable, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants are not entitled to direct, or have not directed, the voting of such Shares, shall be voted by the Trustee as directed by the Committee.
Appears in 2 contracts
Samples: Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.), Restricted Stock Plan and Trust Agreement (Roebling Financial Corp Inc)
Voting of Plan Shares. After a Plan Share Award has become earned and non-forfeitablebeen --------------------- granted, the Participant Recipient shall be entitled to direct the Trustee as to the voting of the Plan Shares which are associated with covered by the Plan Share Award and which have not yet been earned and distributed to him pursuant to Section 7.03, subject to rules and procedures adopted by the Committee Board for this purpose. All shares of Common Stock held by the Trust as to which Participants Recipients are not entitled to direct, or have not directed, the voting of such Sharesvoting, shall be voted by the Trustee in the same proportion as directed by the CommitteePlan Shares which have been awarded and voted.
Appears in 1 contract
Samples: Outside Directors' Recognition and Retention Plan (Harbor Florida Bancorp Inc)
Voting of Plan Shares. After a Plan Share Award has become earned and non-non- forfeitable, the Participant Recipient shall be entitled to direct the Trustee as to the voting of the Plan Shares which are associated with covered by the Plan Share Award and which have not yet been distributed pursuant to Section 7.03, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants Recipients are not entitled to direct, or have not directed, the voting of such Shares, shall be voted by the Trustee as directed by the Committee.
Appears in 1 contract
Samples: Management Stock Bonus Plan and Trust Agreement (NCF Financial Corp /De/)
Voting of Plan Shares. After a Plan Share Award has become earned and non-forfeitablebeen granted, the Participant Recipient shall be entitled to direct the Trustee as to the voting of the Plan Shares which are associated with covered by the Plan Share Award and which have not yet been earned and distributed to him pursuant to Section 7.03, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants Recipients are not entitled to direct, or direct and have not directed, directed the voting of such Sharesvoting, shall be voted by the Trustee in the same proportion as directed by the CommitteePlan Shares which have been awarded are voted.
Appears in 1 contract
Samples: Recognition and Retention Plan and Trust Agreement (Union Community Bancorp)
Voting of Plan Shares. After a Plan Share Award has become earned and non-forfeitablebeen granted, the Participant Recipient shall be entitled to direct the Trustee Committee as to the voting of the Plan Shares which are associated with covered by the Plan Share Award and which have not yet been earned and distributed to him pursuant to Section 7.03, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants Recipients are not entitled to direct, or have not directed, the voting of such Sharesvoting, shall be voted by the Trustee Committee in the same proportion as directed by the CommitteePlan Shares which have been awarded and voted.
Appears in 1 contract
Samples: Recognition and Retention Plan (Reliance Bancshares Inc)
Voting of Plan Shares. After a Plan Share Award has become earned and non-non- forfeitable, the Participant Recipient shall be entitled to direct the Trustee as to the voting of the Plan Shares which are associated with the Plan Share Award and which have not yet been distributed pursuant to Section 7.03, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants Recipients are not entitled to direct, or have not directed, the voting of such Shares, shall be voted by the Trustee as directed by the Committee.
Appears in 1 contract
Samples: Management Stock Bonus Plan and Trust Agreement (First Colorado Bancorp Inc)
Voting of Plan Shares. After a Plan Share Award has become earned and non-forfeitable, the A Participant shall be entitled to direct the Trustee as to the voting of the any Plan Shares which are associated with the a Plan Share Award Award, once such awards are earned and which have not yet been distributed pursuant to Section 7.03non-forfeitable, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants are not entitled to direct, or have not directed, the voting of such Shares, shall be voted by the Trustee as directed by the Committee.
Appears in 1 contract
Samples: Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.)
Voting of Plan Shares. After a Plan Share Award has become earned and non-forfeitablebeen granted, the Participant Recipient shall be entitled to direct the Trustee as to the voting of the Plan Shares which that are associated with covered by the Plan Share Award and which that have not yet been earned and distributed to him pursuant to Section 7.03, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants Recipients are not entitled to direct, or have not directed, the voting of such Sharesvoting, shall be voted by the Trustee in the same proportion as directed by the CommitteePlan Shares that have been awarded and voted.
Appears in 1 contract
Samples: Recognition and Retention Plan (Guaranty Federal Bancshares Inc)
Voting of Plan Shares. After a Plan Share Award has become earned and non-forfeitablebeen made, the Participant Recipient shall be entitled to direct the Trustee Trustees as to the voting of the Plan Shares which are associated with covered by the Plan Share Award and which have not yet been earned and distributed to him pursuant to Section 7.03, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants are not entitled to direct, or Recipients have not directed, directed the voting of such Shares, shall be voted by the Trustee Trustees as directed by the CommitteeCommittee in its discretion shall direct.
Appears in 1 contract
Samples: Management Recognition Plan and Trust Agreement (Jacksonville Bancorp Inc)
Voting of Plan Shares. After a Plan Share Award has become earned and non-forfeitable, the A Participant shall be entitled to direct the Trustee as to the voting of the any Plan Shares which are associated with the a Plan Share Award which have been earned and which have not yet been distributed pursuant to Section 7.03, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants are not entitled to direct, or have not directed, the voting of such Shares, shall be voted by the Trustee as directed by the Committee.
Appears in 1 contract
Samples: Restricted Stock Plan and Trust Agreement (PHSB Financial Corp)
Voting of Plan Shares. After a Plan Share Award has become earned and non-forfeitablebeen --------------------- granted, the Participant Recipient shall be entitled to direct the Trustee as to the voting of the Plan Shares which are associated with covered by the Plan Share Award and which have not yet been earned and distributed to him pursuant to Section 7.03, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants Recipients are not entitled to direct, or have not directed, the voting of such Sharesvoting, shall be voted by the Trustee in the same proportion as directed by the CommitteePlan Shares which have been awarded and voted.
Appears in 1 contract
Samples: Recognition and Retention Plan (Harbor Florida Bancorp Inc)
Voting of Plan Shares. After a Plan Share Award has become earned and non-forfeitablebeen granted, the Participant Recipient shall be entitled to direct the Trustee as to the voting of the Plan Shares which are associated with covered by the Plan Share Award and which have not yet been earned and distributed to him pursuant to Section 7.03, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants Recipients are not entitled to direct, or have not directed, the voting of such Sharesvoting, shall be voted by the Trustee in the same proportion as directed by the CommitteePlan Shares which have been awarded and voted.
Appears in 1 contract
Samples: Recognition and Retention Plan and Trust Agreement (Camden National Corp)
Voting of Plan Shares. After a Plan Share Award has become earned and non-forfeitablebeen granted, the Participant Recipient shall be entitled to direct the Trustee as to the voting of the Plan Shares which are associated with covered by the Plan Share Award and which have not yet been earned and distributed to the Recipient pursuant to Section 7.03, subject to rules and procedures adopted by the Committee for this purpose. All shares of Common Stock held by the Trust as to which Participants Recipients are not entitled to direct, or have not directed, the voting of such Sharesvoting, shall be voted by the Trustee in the same proportion as directed by the CommitteePlan Shares which have been awarded and voted.
Appears in 1 contract
Samples: Recognition and Retention Plan and Trust Agreement (Third Century Bancorp)