Common use of Voting of Plan Shares Clause in Contracts

Voting of Plan Shares. All Common Shares held by the Trustee in the Plan Share Reserve which have not yet been earned by a Recipient pursuant to Section 7.01 of this Agreement shall be voted by the Trustee. A Recipient shall be entitled to direct the voting of Plan Shares which have been earned pursuant to Section 7.01 of this Agreement but have not yet been distributed to him.

Appears in 11 contracts

Samples: Southern Community Bancshares Inc, Home Loan Financial Corp, Ohio State Financial Services Inc

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Voting of Plan Shares. All Common Shares held by the Trustee in the Plan Share Reserve which that have not yet been earned by a Recipient pursuant to Section 7.01 of this Agreement awarded shall be voted by the Trustee. A Recipient shall be entitled to direct the Trustee with respect to the voting of Plan Shares which that have been earned pursuant awarded to Section 7.01 of this Agreement the Recipient but are still held in the Trust, whether or not such awarded Plan Shares have not yet been distributed to himearned.

Appears in 1 contract

Samples: United Community Financial Corp

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Voting of Plan Shares. All Common Shares held by the Trustee in the Plan Share Reserve which have not yet been earned by and distributed to a Recipient pursuant to Section Sections 7.01 and 7.02 of this Agreement shall be voted by the Trustee. A Recipient shall be entitled to direct the voting of Plan Shares which have been earned pursuant to Section 7.01 of this Agreement but have not yet been distributed to him.

Appears in 1 contract

Samples: Plan and Trust Agreement (Market Financial Corp)

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