Common use of Xxxxx Accounts Clause in Contracts

Xxxxx Accounts. With respect to Deposits that are Xxxxx Accounts created by a trust for the benefit of employees and that comply with the provisions of section 401 of the Code (“Xxxxx Accounts”), Seller will use reasonable efforts and cooperate with Purchaser to invite depositors thereof to direct a transfer of each such depositor’s Xxxxx Account and the related Deposit to Purchaser, as custodian thereof, and to adopt Purchaser’s form of Xxxxx master plan as a successor to Seller’s Xxxxx master plan. Purchaser will assume no Deposits that are Xxxxx Accounts unless Purchaser has received the documents necessary for such assumption or transfer at or before the Closing. With respect to any depositors who do not transfer such Xxxxx Accounts to Purchaser’s form of Xxxxx master plan, Seller will use reasonable efforts in order to enable Purchaser to retain such Xxxxx Accounts at the Eagle Pass Branch.

Xxxxx Accounts. With respect to Deposits that are Xxxxx Accounts created by a trust for the benefit of employees and that comply with the provisions of section Section 401 of the Code IRC (“"Xxxxx Accounts”"), Seller will use reasonable efforts and cooperate with Purchaser Buyer to invite depositors thereof to direct a transfer of each such depositor’s 's Xxxxx Account and the related Deposit to PurchaserBuyer, as custodian thereof, and to adopt Purchaser’s Buyer's form of Xxxxx master plan as a successor to Seller’s the Xxxxx master planplan of Seller. Purchaser Buyer will assume no Deposits that are Xxxxx Accounts unless Purchaser Buyer has received the documents necessary for such assumption or transfer at or before the Closing. With respect to any depositors who do not transfer such Xxxxx Accounts to Purchaser’s Buyer's form of Xxxxx master plan, Seller will use reasonable efforts in order to enable Purchaser Buyer to retain such Xxxxx Accounts at the Eagle Pass BranchBranches.

Xxxxx Accounts. With respect to Deposits that are Xxxxx Accounts -------------- created by a trust for the benefit of employees and that comply with the provisions of section Section 401 of the Code IRC (“"Xxxxx Accounts”"), Seller will use -------------- reasonable efforts and cooperate with Purchaser Buyer to invite depositors thereof to direct a transfer of each such depositor’s 's Xxxxx Account and the related Deposit to PurchaserBuyer, as custodian thereof, and to adopt Purchaser’s Buyer's form of Xxxxx master plan as a successor to the Xxxxx Master Plan of Seller’s Xxxxx master plan. Purchaser Buyer will assume no Deposits that are Xxxxx Accounts unless Purchaser Buyer has received the documents necessary for such assumption or transfer at or before the Closing. With respect to any depositors who do not transfer such Xxxxx Accounts to Purchaser’s Buyer's form of Xxxxx master plan, Seller will use reasonable efforts in order to enable Purchaser Buyer to retain such Xxxxx Accounts at the Eagle Pass Branch.

Xxxxx Accounts. With respect to Deposits that are Xxxxx Accounts created by a trust for the benefit of employees and that comply with the provisions of section 401 of the Code (“Xxxxx Accounts”), Seller will use reasonable efforts and cooperate with Purchaser Buyer to invite depositors thereof to direct a transfer of each such depositor’s Xxxxx Account and the related Deposit to PurchaserBuyer, as custodian thereof, and to adopt PurchaserBuyer’s Branch Purchase and Assumption Agreement form of Xxxxx master plan as a successor to Seller’s Xxxxx master plan. Purchaser Buyer will assume no Deposits that are Xxxxx Accounts unless Purchaser Buyer has received the documents necessary for such assumption or transfer at or before the Closing. With respect to any depositors Depositors who do not transfer such Xxxxx Accounts to PurchaserBuyer’s form of Xxxxx master plan, Seller will use reasonable efforts in order to enable Purchaser Buyer to retain such Xxxxx Accounts at the Eagle Pass Branch.

Xxxxx Accounts. With respect to Deposits that are Xxxxx Accounts created by a trust for the benefit of employees and that comply with the provisions of section 401 of the Code (“"Xxxxx Accounts”"), Seller will use reasonable efforts and cooperate with Purchaser Buyer to invite depositors thereof to direct a transfer of each such depositor’s 's Xxxxx Account and the related Deposit to PurchaserBuyer, as custodian thereof, and to adopt Purchaser’s Buyer's form of Xxxxx master plan as a successor to Seller’s 's Xxxxx master plan. Purchaser Buyer will assume no Deposits that are Xxxxx Accounts unless Purchaser Buyer has received the documents necessary for such assumption or transfer at or before the Closing. With respect to any depositors who do not transfer such Xxxxx Accounts to Purchaser’s Buyer's form of Xxxxx master plan, Seller will use reasonable efforts in order to enable Purchaser Buyer to retain such Xxxxx Accounts at the Eagle Pass BranchBranches.