Common use of Index Clause in Contracts

Index. The Index for any Plan Year shall be the aggregate annual after-tax income from the life insurance contracts described hereinafter as defined by FASB Technical Bulletin 85-4. This Index shall be applied as if such insurance contracts were purchased on the Effective Date.

Appears in 10 contracts

Sources: Director Indexed Compensation Benefits Agreement (Heritage Commerce Corp), Director Indexed Compensation Benefits Agreement (Heritage Commerce Corp), Director Indexed Compensation Benefits Agreement (Heritage Commerce Corp)

Index. The Index for any Plan Year shall be the aggregate annual after-tax income from the life insurance contracts contract(s) described hereinafter as defined by FASB Technical Bulletin 85-4. This Index shall be applied as if such insurance contracts contract(s) were purchased on the Effective DateDate of the Executive Plan.

Appears in 8 contracts

Sources: Executive Supplemental Retirement Plan (Ecb Bancorp Inc), Executive Retention Plan (First Community Bancshares Inc /Nv/), Executive Supplemental Retirement Plan (Bank of Granite Corp)

Index. The Index for any Plan Year shall be the aggregate annual after-tax income from the life insurance contracts contract(s) described hereinafter as defined by FASB Technical Bulletin 85-4. This Index shall be applied as if such insurance contracts contract(s) were purchased on the Effective DateDate of this Executive Agreement.

Appears in 5 contracts

Sources: Executive Supplemental Retirement Agreement (GBC Bancorp Inc), Executive Supplemental Retirement Agreement (GBC Bancorp Inc), Executive Supplemental Retirement Agreement (GBC Bancorp Inc)

Index. The Index for any the Plan Year shall be the aggregate annual after-tax income from the life insurance contracts contract(s) described hereinafter as defined by FASB Technical Bulletin 85-4. This Index shall be applied as if such insurance contracts contract(s) were purchased on the Effective Date.

Appears in 4 contracts

Sources: Executive Supplemental Retirement Plan and Consulting Agreement (Cn Bancorp Inc), Executive Supplemental Retirement Plan and Consulting Agreement (Cn Bancorp Inc), Executive Supplemental Retirement Plan and Consulting Agreement (Cn Bancorp Inc)

Index. The Index for any Plan Year shall be the aggregate annual after-tax income from the life insurance contracts contract(s) described hereinafter as defined by FASB Technical Bulletin 85-4. This Index shall be applied as if such insurance contracts were purchased on the Effective DateDate hereof.

Appears in 4 contracts

Sources: Director Deferral Plan Agreement (South Street Financial Corp), Director Supplemental Retirement Plan (First Community Bancshares Inc /Nv/), Director Deferral Plan Agreement (South Street Financial Corp)

Index. The Index for any Plan the plan Year shall be the aggregate annual after-tax income from the life insurance contracts contract(s) described hereinafter as defined by FASB Technical Bulletin 85-4. This Index shall be applied as if such insurance contracts contract(s) were purchased on the Effective Date.

Appears in 4 contracts

Sources: Executive Supplemental Retirement Plan (Cn Bancorp Inc), Executive Supplemental Retirement Plan (Cn Bancorp Inc), Executive Supplemental Retirement Plan (Cn Bancorp Inc)

Index. The Index for any Plan Year shall be the aggregate annual after-tax income from the life insurance contracts described hereinafter as defined by FASB Technical Bulletin 85-4. This Index shall be applied as if such insurance contracts were purchased on the Effective Dateeffective date hereof.

Appears in 3 contracts

Sources: Executive Salary Continuation Plan Agreement (Flag Financial Corp), Indexed Executive Salary Continuation Plan Agreement (Flag Financial Corp), Indexed Executive Salary Continuation Plan (Commercial Bancshares Inc \Oh\)

Index. The Index for any Plan Year shall be the aggregate annual after-tax income from the life insurance contracts contract(s) described hereinafter hereinbelow as defined by FASB Technical Bulletin 85-4. This Index shall be applied as if such insurance contracts were purchased on the Effective DateDate of the Trustee Plan.

Appears in 1 contract

Sources: Trustee Supplemental Retirement Plan Agreement (Hampden Bancorp, Inc.)