Accounting Device Only. The Deferral Account is solely a device for measuring amounts to be paid under this Agreement and is not a trust fund of any kind.
Appears in 29 contracts
Sources: Director Deferred Compensation Agreement (LINKBANCORP, Inc.), Director Deferred Compensation Agreement (LINKBANCORP, Inc.), Deferred Compensation Agreement (Bancorp 34, Inc.)
Accounting Device Only. The Deferral Account is solely a device for measuring amounts to be paid under this Agreement and Agreement. The Deferral Account is not a trust fund fund, bank account or insured deposit account of any kind.
Appears in 2 contracts
Sources: Salary Continuation Agreement (Fp Bancorp Inc), Salary Continuation Agreement (Fp Bancorp Inc)
Accounting Device Only. The Deferral Account is solely a device for measuring amounts to be paid under this Agreement and Plan. The Deferral Account is not a trust fund of any kind.
Appears in 1 contract
Sources: Deferred Compensation Plan (Cascade Financial Corp)
Accounting Device Only. The Deferral Account is solely a device for measuring amounts to be paid under this Agreement and Agreement. The Deferral Account is not a trust fund of any kind.
Appears in 1 contract
Sources: Deferred Compensation Agreement (Cerritos Valley Bancorp)