Nontransferable. Plan Share Awards and rights to Plan Shares shall not be transferable by a Participant, and during the lifetime of the Participant, Plan Shares may only be earned by and paid to the Participant who was notified in writing of the Award by the Committee pursuant to Section 6.03. No Participant or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the Parent, Savings Bank, or any Subsidiary be subject to any claim for benefits hereunder.
Appears in 15 contracts
Sources: Restricted Stock Plan and Trust Agreement (Guaranty Federal Bancshares Inc), Restricted Stock Plan and Trust Agreement (Roebling Financial Corp Inc), Restricted Stock Plan and Trust Agreement (Harrodsburg First Financial Bancorp Inc)
Nontransferable. Plan Share Awards and rights to Plan Shares shall not be transferable by a Participant, and during the lifetime of the Participant, Plan Shares may only be earned by and paid to the Participant who was notified in writing of the Award by the Committee pursuant to Section 6.03. No Participant or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the Parent, Savings Bank, or any Subsidiary be subject to any claim for benefits hereunder.
Appears in 5 contracts
Sources: Stock Bonus Plan and Trust Agreement (Wells Financial Corp), Restricted Stock Plan and Trust Agreement (Floridafirst Bancorp Inc), Stock Bonus Plan and Trust Agreement (Wells Financial Corp)
Nontransferable. Plan Share Awards and rights to Plan Shares shall not be transferable by a Participant, and during the lifetime of the Participant, Plan Shares may only be earned by and paid to the Participant who was notified in writing of the Award by the Committee pursuant to Section 6.03. No Participant or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the Parent, Savings BankCompany, or any Subsidiary be subject to any claim for benefits hereunder.
Appears in 4 contracts
Sources: Stock Bonus Plan and Trust Agreement (Synergy Financial Group Inc /Nj/), Restricted Stock Plan and Trust Agreement (Synergy Financial Group Inc /Nj/), Restricted Stock Plan and Trust Agreement (Synergy Financial Group Inc /Nj/)
Nontransferable. Plan Share Awards and Performance Share Awards and rights to Plan Shares shall not be transferable by a ParticipantRecipient, and during the lifetime of the ParticipantRecipient, Plan Shares may only be earned by and paid to the Participant a Recipient who was notified in writing of the an Award by the Committee pursuant to Section 6.036.02. No Participant Recipient or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the Parent, Savings Bank, Corporation or any Subsidiary Company be subject to any claim for benefits hereunder.
Appears in 4 contracts
Sources: Recognition and Retention Plan and Trust Agreement (Tierone Corp), 1999 Recognition and Retention Plan and Trust Agreement (Willow Financial Bancorp, Inc.), Recognition and Retention Plan and Trust Agreement (Willow Financial Bancorp, Inc.)
Nontransferable. Plan Share Awards and rights to Plan Shares shall not be transferable by a ParticipantRecipient, and during the lifetime of the ParticipantRecipient, Plan Shares may only be earned by and paid to the Participant a Recipient who was notified in writing of the an Award by the Committee pursuant to Section 6.036.02. No Participant Recipient or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the Parent, Savings Bank, Corporation or any Subsidiary be subject to any claim for benefits hereunder.
Appears in 4 contracts
Sources: Recognition and Retention Plan for Directors and Trust Agreement (Esb Financial Corp), Recognition and Retention Plan for Officers and Trust Agreement (Esb Financial Corp), Recognition and Retention Plan for Officers and Trust Agreement (Esb Financial Corp)
Nontransferable. Plan Share Awards and rights to Plan Shares shall not be transferable by a Participant, and during the lifetime of the Participant, Plan Shares and dividends (cash or stock) may only be earned by and paid delivered to the Participant who was notified in writing of the Award by the Committee pursuant to Section 6.03. No Participant or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the Parent, Savings the Bank, or any Subsidiary be subject to any claim for benefits hereunder.
Appears in 3 contracts
Sources: Restricted Stock Plan and Trust Agreement (Se Financial Corp), Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.), Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.)
Nontransferable. Plan Share Awards and Performance Share Awards and rights to Plan Shares shall not be transferable by a ParticipantRecipient, and during the lifetime of the ParticipantRecipient, Plan Shares may only be earned by and paid to the Participant a Recipient who was notified in writing of the an Award by the Committee pursuant to Section 6.036.02 and/or 7.05(a), as the case may be. No Participant Recipient or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the Parent, Savings Bank, Corporation or any Subsidiary Company be subject to any claim for benefits hereunder.
Appears in 3 contracts
Sources: Recognition and Retention Plan and Trust Agreement (KNBT Bancorp Inc), 2005 Recognition and Retention Plan and Trust Agreement (Home Federal Bancorp, Inc. Of Louisiana), Recognition and Retention Plan and Trust Agreement (Abington Bancorp, Inc./Pa)
Nontransferable. Plan Share Awards and rights to Plan Shares shall not be transferable by a Participant, and during the lifetime of the Participant, Plan Shares may only be earned by and paid to the Participant who was notified in writing of the Award by the Committee pursuant to Section 6.03. No Participant or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the Parent, Savings the Bank, or any Subsidiary be subject to any claim for benefits hereunder.
Appears in 3 contracts
Sources: Restricted Stock Plan and Trust Agreement (Osage Federal Financial Inc), Restricted Stock Plan and Trust Agreement (American Bancorp of New Jersey Inc), Restricted Stock Plan and Trust Agreement (Osage Bancshares, Inc.)
Nontransferable. Plan Share Awards and rights to Plan Shares shall not be transferable by a ParticipantRecipient, and during the lifetime of the ParticipantRecipient, Plan Shares may only be earned by and paid to the Participant a Recipient who was notified in writing of the an Award by the Committee pursuant to Section 6.03. No Participant Recipient or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the Parent, Savings Bank, Corporation or any Subsidiary be subject to any claim for benefits hereunder.
Appears in 2 contracts
Sources: Recognition and Retention Plan and Trust Agreement (First Keystone Financial Inc), Management Recognition Plan and Trust Agreement (First Defiance Financial Corp)
Nontransferable. Plan Share Awards and rights to Plan Shares shall not be transferable by a Participant, and during the lifetime of the Participant, Plan Shares may only be earned by and paid to the Participant who was notified in writing of the Award by the Committee pursuant to Section 6.03. No Participant or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the ParentCompany, Savings Bank, the Bank or any Subsidiary be subject to any claim for benefits hereunder.
Appears in 2 contracts
Sources: Restricted Stock Plan and Trust Agreement (Community First Bancorp Inc), Restricted Stock Plan and Trust Agreement (Community First Bancorp Inc)
Nontransferable. Plan Share Awards and rights to Plan Shares shall not be transferable by a ParticipantRecipient, and during the lifetime of the ParticipantRecipient, Plan Shares may only be earned by and paid to the Participant a Recipient who was notified in writing of the an Award by the Committee pursuant to Section 6.036.2. No Participant Recipient or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the Parent, Savings Bank, Corporation or any Subsidiary Company be subject to any claim for benefits hereunder.
Appears in 1 contract
Sources: 2010 Recognition and Retention Plan and Trust Agreement (Fairmount Bancorp, Inc.)
Nontransferable. Plan Share Awards and Performance Share Awards and rights to Plan Shares shall not be transferable by a ParticipantRecipient, and during the lifetime of the ParticipantRecipient, Plan Shares may only be earned by and paid to the Participant a Recipient who was notified in writing of the an Award by the Committee pursuant to Section 6.036.02. No Participant Recipient or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the ParentMHC, Savings Bank, the Corporation or any Subsidiary Company be subject to any claim for benefits hereunder.
Appears in 1 contract
Sources: 2003 Recognition and Retention Plan and Trust Agreement (Minden Bancorp, Inc.)
Nontransferable. Plan Share Awards and rights to Plan Shares shall not be transferable by a ParticipantRecipient and, and during the lifetime of the ParticipantRecipient, Plan Shares may only be earned by and paid to the Participant Recipient who was notified in writing of the Award by the Committee pursuant to Section 6.03. No Participant Recipient or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the Parent, Savings Bank, Company or any Subsidiary be subject to any claim for benefits hereunder.
Appears in 1 contract
Sources: Management Development and Recognition Plan and Trust Agreement (CSB Financial Group Inc)
Nontransferable. Plan Share Awards and rights to Plan Shares shall not be transferable by a ParticipantRecipient, and during the lifetime of the ParticipantRecipient, Plan Shares may only be earned by and paid to the Participant a Recipient who was notified in writing of the an Award by the Committee pursuant to Section 6.036.02. No Participant Recipient or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the Parent, Savings Bank, Company or any Subsidiary be subject to any claim for benefits hereunder.
Appears in 1 contract
Sources: Management Recognition Plan and Trust Agreement (Jacksonville Bancorp Inc)
Nontransferable. Plan Share Awards and rights to Plan Shares shall not be transferable by a ParticipantRecipient, and during the lifetime of the ParticipantRecipient, Plan Shares may only be earned by and paid to the Participant a Recipient who was notified in writing of the an Award by the Committee pursuant to Section 6.036.02. No Participant Recipient or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the Parent, Savings Bank, Bank or any Subsidiary be subject to any claim for benefits hereunder.
Appears in 1 contract
Sources: Management Recognition Plan and Trust Agreement (Finger Lakes Bancorp Inc)
Nontransferable. Plan Share Awards and rights to Plan Shares shall not be transferable by a ParticipantRecipient and, and during the lifetime of the ParticipantRecipient, Plan Shares may only be earned by and paid to the Participant Recipient who was notified in writing of the Award by the Committee pursuant to Section 6.036.3. No Participant Recipient or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the Parent, Savings Bank, Company or any Subsidiary be subject to any claim for benefits hereunder.
Appears in 1 contract
Sources: Management Development and Recognition Plan and Trust Agreement (Cgb&l Financial Group Inc)
Nontransferable. Plan Share Awards and rights to Plan Shares shall not be transferable by a ParticipantRecipient, and during the lifetime of the ParticipantRecipient, Plan Shares may only be earned by and paid to the Participant a Recipient who was notified in writing of the an Award by the Committee pursuant to Section 6.036.02. No Participant Recipient or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the Parent, Savings Bank, Corporation or any Subsidiary Company be subject to any claim for benefits hereunder.
Appears in 1 contract
Sources: Recognition and Retention Plan and Trust Agreement (Willow Financial Bancorp, Inc.)
Nontransferable. Plan Share Awards and rights to Plan Shares shall --------------- not be transferable by a ParticipantRecipient, and during the lifetime of the ParticipantRecipient, Plan Shares may only be earned by and paid to the Participant a Recipient who was notified in writing of the an Award by the Committee pursuant to Section 6.036.02. No Participant Recipient or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the Parent, Savings Bank, Corporation or any Subsidiary be subject to any claim for benefits hereunder.
Appears in 1 contract
Sources: Recognition and Retention Plan and Trust Agreement (WVS Financial Corp)
Nontransferable. Plan Share Awards and rights to Plan Shares shall not be transferable by a ParticipantRecipient, and during the lifetime of the ParticipantRecipient, Plan Shares may only be earned by and paid to the Participant Recipient who was notified in writing of the Award by the Committee pursuant to Section 6.03. No Participant Recipient or Beneficiary shall have any right in or claim to any assets of the Plan or Trust, nor shall the Parent, Savings Bank, or any Subsidiary be subject to any claim for benefits hereunder.
Appears in 1 contract
Sources: Management Stock Bonus Plan and Trust Agreement (First Colorado Bancorp Inc)