Common use of Plan Terminations Under Section 409A Clause in Contracts

Plan Terminations Under Section 409A. Notwithstanding anything to the contrary in Section 8.2, the Bank may make distributions under certain circumstances following Plan termination under this Section 8.3. Any such distribution shall be made according to the rules set forth in the regulations promulgated under Section 409A of the Code, and shall conform to the following requirements: (a) Within 30 days before, or 12 months after a Change in Control (b) Upon the Bank’s dissolution or with the approval of a bankruptcy court; or (c) Upon the Bank’s termination of this and all Similar Plans, provided that all distributions are made no earlier than 12 months and no later than 24 months following such termination, and the Bank does not adopt any new Similar Plans for a minimum of 5 years following the date of such termination.

Plan Terminations Under Section 409A. Notwithstanding anything to the contrary in Section 8.2, the Bank may make distributions under certain circumstances following Plan termination under this Section 8.3. Any such distribution shall be made according to the rules set forth in the regulations promulgated under following circumstances, in accordance with Section 409A of the Code, and shall conform to Code or the following requirementsregulations thereunder: (a) Within 30 thirty (30) days before, or 12 twelve (12) months after a Change in Control Control (b) Upon the Bank’s 's dissolution or with the approval of a bankruptcy court; or or (c) Upon the Bank’s 's termination of this and all Similar Plans, provided that all distributions are made no earlier than 12 twelve (12) months and no later than 24 twenty-four (24) months following such termination, and the Bank does not adopt any new Similar Plans for a minimum of 5 five (5) years following the date of such termination.

Plan Terminations Under Section 409A. Notwithstanding anything to the contrary in Section 8.210.2, the Bank may make distributions under certain circumstances following Plan termination under this Section 8.3. Any such distribution shall be made according to the rules set forth in the regulations promulgated under following circumstances, in accordance with Section 409A of the Code, and shall conform to Code or the following requirementsregulations thereunder: (a) Within 30 thirty (30) days before, or 12 twelve (12) months after a Change in Control (b) Upon the Bank’s 's dissolution or with the approval of a bankruptcy court; or or (c) Upon the Bank’s 's termination of this and all Similar Plans, provided that all distributions are made no earlier than 12 twelve (12) months and no later than 24 twenty-four (24) months following such termination, and the Bank does not adopt any new Similar Plans for a minimum of 5 five (5) years following the date of such termination.

Plan Terminations Under Section 409A. Notwithstanding anything to the contrary in Section 8.2, the Bank may make distributions under certain circumstances following Plan termination under this Section 8.3. Any such distribution shall be made according to the rules set forth in the regulations promulgated under following circumstances, in accordance with Section 409A of the Code, and shall conform to Code or the following requirementsregulations thereunder: (a) Within 30 thirty (30) days before, or 12 twelve (12) months after a Change in Control; (b) Upon the Bank’s dissolution or with the approval of a bankruptcy court; or (c) Upon the Bank’s termination of this and all Similar Plansother non-account balance plans (as referenced in Section 409A of the Code or the regulations thereunder), provided that all distributions are made no earlier than 12 twelve (12) months and no later than 24 twenty-four (24) months following such termination, and the Bank does not adopt any new Similar Plans non-account balance plans for a minimum of 5 five (5) years following the date of such termination.