Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain Directors and Employees of the Corporation, the Bank and the Subsidiaries by providing such Directors and Employees with an equity interest in the Corporation as reasonable compensation for their contributions to the Corporation, the Bank and the Subsidiaries.
Appears in 2 contracts
Sources: Recognition and Retention Plan and Trust Agreement (Columbia Financial of Kentucky Inc), Recognition and Retention Plan and Trust Agreement (Columbia Financial of Kentucky Inc)
Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain the Directors and Employees of the Corporation, the Bank Association and the Subsidiaries by providing such Directors and Employees with an equity interest in the Corporation as reasonable compensation for their contributions to the Corporation, the Bank Association and the Subsidiariesany Subsidiary.
Appears in 2 contracts
Sources: Recognition and Retention Plan and Trust Agreement (Ohio State Financial Services Inc), Recognition and Retention Plan and Trust Agreement (Ohio State Financial Services Inc)
Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain the Directors and Employees of the Corporation, the Bank Association and the Subsidiaries who are in key positions of responsibility by providing such Directors and Employees with an equity interest in the Corporation as reasonable compensation for their contributions to the Corporation, the Bank Association and the Subsidiaries.
Appears in 2 contracts
Sources: Recognition and Retention Plan (Market Financial Corp), Recognition and Retention Plan (Market Financial Corp)
Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain the Directors and Employees of the Corporation, the Bank and the Subsidiaries by providing such Directors and Employees with an equity interest in the Corporation as reasonable compensation for their contributions to the Corporation, the Bank and the Subsidiariesany Subsidiary.
Appears in 1 contract
Sources: Recognition and Retention Plan and Trust Agreement (Home Loan Financial Corp)
Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain the Directors and Employees of the Corporation, the Bank and the Subsidiaries by providing such Directors and Employees with an equity interest in the Corporation as reasonable compensation for their contributions to the Corporation, the Bank and the Subsidiaries.with
Appears in 1 contract
Sources: Recognition and Retention Plan (Home Loan Financial Corp)
Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain the Directors and Employees of the Corporation, the Bank and the Subsidiaries who are in key positions of responsibility by providing such Directors and Employees with an equity interest in the Corporation as reasonable compensation for their contributions to the Corporation, the Bank and the Subsidiaries.
Appears in 1 contract
Sources: Recognition and Retention Plan and Trust Agreement (FFD Financial Corp/Oh)
Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain the Directors and Employees of the CorporationHolding Company, the Bank Association and the Subsidiaries who are in key positions of responsibility by providing such Directors and Employees with an equity interest in the Corporation Holding Company as reasonable compensation for their contributions to the CorporationHolding Company, the Bank Association and the Subsidiaries.
Appears in 1 contract
Sources: Management Recognition Plan and Trust Agreement (Southern Community Bancshares Inc)
Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain the Directors and Employees of the Corporation, the Bank Company and the Subsidiaries by providing such Directors and Employees with an equity interest in the Corporation as reasonable compensation for their contributions to the Corporation, the Bank and the Subsidiaries.Employees
Appears in 1 contract
Sources: Recognition and Retention Plan and Trust Agreement (United Community Financial Corp)
Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain the Directors and Employees of the Corporation, the Bank Association and the Subsidiaries who are in key positions of responsibility by providing such Directors and Employees with an equity interest in the Corporation as reasonable compensation for their contributions to the Corporation, the Bank Association and the Subsidiariesany Subsidiary.
Appears in 1 contract
Sources: Recognition and Retention Plan (Ohio State Financial Services Inc)