Common use of Allocations Not Required Clause in Contracts

Allocations Not Required. Notwithstanding anything to the contrary in Sections 6.01 and 6.02, no Employee or Director shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the total discretion of the Committee, nor shall the salaried Employees as a group have such a right.

Appears in 1 contract

Sources: Management Development and Recognition Plan and Trust Agreement (CSB Financial Group Inc)

Allocations Not Required. Notwithstanding anything to the contrary in Sections 6.01 6.1 and 6.026.2, no Employee or Director shall have any right or entitlement to receive a Plan Share Award hereunder, such Awards being at the total discretion of the Committee, nor shall the salaried Employees as a group have such a right.

Appears in 1 contract

Sources: Management Development and Recognition Plan and Trust Agreement (Cgb&l Financial Group Inc)