Common use of Amount and Timing of Contributions Clause in Contracts

Amount and Timing of Contributions. The Board of Directors of the Savings Bank shall determine the amounts (or the method of computing the amounts) to be contributed by the Savings Bank to the Trust established under this Plan. Such amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Participants shall be permitted except with respect to amounts necessary to meet tax withholding obligations.

Appears in 13 contracts

Samples: Guaranty Federal Bancshares Inc, Restricted Stock (Roebling Financial Corp, Inc.), Restricted Stock (Roebling Financial Corp, Inc.)

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Amount and Timing of Contributions. The Board of Directors of the Savings Bank shall determine the amounts (or the method of computing the amounts) to be contributed by the Savings Bank to the Trust established under this Plan. Such contribution amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Participants shall be permitted except with respect to amounts necessary to meet tax withholding obligations.

Appears in 8 contracts

Samples: Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.), Plan and Trust Agreement (Se Financial Corp), Restricted Stock Plan and Trust Agreement (Roebling Financial Corp, Inc.)

Amount and Timing of Contributions. The Board of Directors of the Savings Bank shall determine the amounts (or the method of computing the amounts) to be contributed by the Savings Bank to the Trust established under this Plan. Such amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Participants Employees shall be permitted except with respect to amounts necessary to meet tax withholding obligationspermitted.

Appears in 6 contracts

Samples: Thistle Group Holdings Co, Beckley Bancorp Inc, GFSB Bancorp Inc

Amount and Timing of Contributions. The Board of Directors of the Savings Bank shall determine the amounts (or the method of computing the amounts) to be contributed by the Savings Bank to the Trust established under this Plan. Such amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Participants shall be permitted except with respect to amounts necessary to meet tax withholding obligations.

Appears in 4 contracts

Samples: Esb Financial Corp, Reserve Bancorp Inc, Bucs Financial Corp

Amount and Timing of Contributions. The Board of Directors of the Savings Bank shall determine the amounts (number of shares of Common Stock or the method amount of computing the amounts) cash to be contributed by the Savings Bank to the Trust established under this Plan. Such amounts contributions to the Trust shall be paid delivered to the Trustee at the time of such contribution. No contributions to the Trust by Participants shall be permitted except with respect to amounts necessary to meet tax withholding obligations.

Appears in 3 contracts

Samples: Plan and Trust Agreement (Farnsworth Bancorp Inc), Plan and Trust Agreement (Farnsworth Bancorp Inc), PHSB Financial Corp

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Amount and Timing of Contributions. The Board of Directors of the Savings Bank Association shall determine the amounts (or the method of computing the amounts) to be contributed by the Savings Bank Association to the Trust established under this Plan. Such amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Participants Employees shall be permitted except with respect to amounts necessary to meet tax withholding obligationspermitted.

Appears in 1 contract

Samples: NCF Financial Corp /De/

Amount and Timing of Contributions. The Board of Directors of the Savings Bank shall determine the amounts (or the method of computing the amounts) to be contributed by the Savings Bank to the Trust established under this Plan. Such amounts shall be paid to the Trustee at the time of contribution. No contributions to the Trust by Participants Recipients shall be permitted except with respect to amounts necessary to meet tax withholding obligations.

Appears in 1 contract

Samples: First Colorado Bancorp Inc

Amount and Timing of Contributions. The Board of Directors of the Savings Bank shall determine the amounts (or the method of computing the amounts) to be contributed by the Savings Bank to the Trust established under this Plan. Such amounts shall be paid to the Trustee Trustees at the time of contribution. No contributions to the Trust by Participants Employees or Directors shall be permitted except with respect to amounts necessary to meet tax withholding obligationspermitted.

Appears in 1 contract

Samples: Guaranty Federal Bancshares Inc

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