Common use of Binding Effect of Decisions Clause in Contracts

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.

Appears in 219 contracts

Samples: Salary Continuation Agreement (County Bancorp, Inc.), Supplemental Director Retirement Agreement (First Seacoast Bancorp), Agreement (Temecula Valley Bancorp Inc)

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Binding Effect of Decisions. The Any decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and or application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the this Agreement.

Appears in 136 contracts

Samples: Continuation Agreement (Ohio Valley Banc Corp), Supplemental Executive Retirement Agreement (SBT Bancorp, Inc.), Continuation Agreement by And (Bank of Marin Bancorp)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement. No Executive or Beneficiary shall be deemed to have any right, vested or nonvested, regarding the continued use of any previously adopted assumptions, including but not limited to the Discount Rate.

Appears in 61 contracts

Samples: Continuation Agreement (Greer Bancshares Inc), Salary Continuation Agreement (First Security Group Inc/Tn), Employment Agreement (1st United Bancorp, Inc.)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the this Agreement.

Appears in 59 contracts

Samples: Endorsement Split Dollar (ESSA Bancorp, Inc.), Split Dollar Life Insurance Agreement (New Investors Bancorp, Inc.), Old Line Bank Supplemental Life Insurance Agreement (Old Line Bancshares Inc)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation interpretation, and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement. No Executive or Beneficiary shall be deemed to have any right, vested or nonvested, regarding the continued use of any previously adopted assumptions, including but not limited to the discount rate and calculation method described in Section 1.1.

Appears in 42 contracts

Samples: Salary Continuation Agreement (BNC Bancorp), Salary Continuation Agreement (Gateway Financial Holdings Inc), Salary Continuation Agreement (Midcarolina Financial Corp)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to concerning any question arising out of or in connection with the administration, interpretation interpretation, and application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.

Appears in 40 contracts

Samples: Split Dollar Agreement and Endorsement (Cortland Bancorp Inc), Retirement Plan Agreement (Sb Financial Group, Inc.), Dollar Agreement (BNC Bancorp)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation interpretation, and application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.

Appears in 28 contracts

Samples: Endorsement Split Dollar Agreement (Midcarolina Financial Corp), Endorsement Split Dollar Agreement (Midcarolina Financial Corp), Endorsement Split Dollar Agreement (Crescent Financial Corp)

Binding Effect of Decisions. The Any decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation interpretation, and application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the this Agreement.

Appears in 24 contracts

Samples: Salisbury Bank and Trust Company (Salisbury Bancorp, Inc.), Salisbury Bank and Trust Company (Salisbury Bancorp, Inc.), Dollar Life Insurance Agreement (Century Bancorp Inc)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to about any question arising out of or in connection with the administration, interpretation interpretation, and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement. No Executive or Beneficiary shall be deemed to have any right, vested or nonvested, regarding the continued use of any previously adopted assumptions, including but not limited to the discount rate and calculation method employed in the determination of the Accrual Balance.

Appears in 21 contracts

Samples: Salary Continuation Agreement (First Reliance Bancshares Inc), Salary Continuation Agreement (Investar Holding Corp), Salary Continuation Agreement (First Reliance Bancshares Inc)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation interpretation, and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement. No Director or Beneficiary shall be deemed to have any right, vested or nonvested, regarding the continuing effect of any decision or action of the Plan Administrator.

Appears in 17 contracts

Samples: Income Deferral Agreement (Cape Fear Bank CORP), Income Deferral Agreement (Bank of Wilmington CORP), Income Deferral Agreement (Bank of Wilmington CORP)

Binding Effect of Decisions. The Any decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.

Appears in 17 contracts

Samples: Retirement Plan Agreement (Athens Bancshares Corp), Supplemental Executive Retirement Agreement (Cambridge Bancorp), Salary Continuation Agreement (First Keystone Corp)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to concerning any question arising out of or in connection with the administration, interpretation interpretation, and application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the this Agreement.

Appears in 16 contracts

Samples: Non Solicitation Agreement (Franklin Financial Network Inc.), Non Competition Agreement (Franklin Financial Network Inc.), Non Solicitation Agreement (Franklin Financial Network Inc.)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the this Agreement.

Appears in 9 contracts

Samples: Supplemental Executive Retirement Agreement (Ameris Bancorp), Supplemental Executive Retirement Agreement (Ameris Bancorp), Supplemental Executive Retirement Agreement (Ameris Bancorp)

Binding Effect of Decisions. The Any decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation interpretation, and application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive final, conclusive, and binding upon all persons having any interest in the this Agreement.

Appears in 8 contracts

Samples: Split Dollar Life Insurance Agreement (Square 1 Financial Inc), Split Dollar Life Insurance Agreement (Square 1 Financial Inc), Split Dollar Life Insurance Agreement (Square 1 Financial Inc)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and or application of the this Agreement and the rules and regulations promulgated hereunder shall be final and final, conclusive and binding upon all persons having any interest in the this Agreement.

Appears in 7 contracts

Samples: Retirement Plan Agreement (Mid Penn Bancorp Inc), Retirement Plan Agreement (Mid Penn Bancorp Inc), Retirement Plan Agreement (Mid Penn Bancorp Inc)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement, provided that such decisions or actions are in compliance with Section 409A of the Code.

Appears in 6 contracts

Samples: Executive Supplemental Compensation Agreement (FNB Bancorp/Ca/), Executive Supplemental Compensation Agreement (FNB Bancorp/Ca/), Executive Supplemental Compensation Agreement (FNB Bancorp/Ca/)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to about any question arising out of or in connection with the administration, interpretation interpretation, and application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.. 7.4

Appears in 5 contracts

Samples: Endorsement Split Dollar Agreement (Tidelands Bancshares Inc), Endorsement Split Dollar Agreement (Tidelands Bancshares Inc), Endorsement Split Dollar Agreement (Tidelands Bancshares Inc)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to about any question arising out of or in connection with the administration, interpretation interpretation, and application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.

Appears in 5 contracts

Samples: Endorsement Split Dollar Agreement (First Reliance Bancshares Inc), Endorsement Split Dollar Agreement (Crescent Financial Corp), Endorsement Split Dollar Agreement (First Reliance Bancshares Inc)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation interpretation, and application of the Amended Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Amended Agreement. No Director or Beneficiary shall be deemed to have any right, vested or unvested, regarding the continuing effect of any decision or action of the Plan Administrator.

Appears in 4 contracts

Samples: Director Deferred Compensation Agreement (Newmil Bancorp Inc), Director Deferred Compensation Agreement (Newmil Bancorp Inc), Director Deferred Compensation Agreement (Newmil Bancorp Inc)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to about any question arising out of or in connection with the administration, interpretation interpretation, and application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.

Appears in 4 contracts

Samples: Endorsement Split Dollar Agreement (Cortland Bancorp Inc), Endorsement Split Dollar Agreement (Cortland Bancorp Inc), Endorsement Split Dollar Agreement (Tidelands Bancshares Inc)

Binding Effect of Decisions. The Any decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and or application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest United Labor Bank, F.S.B. Performance Driven Plan in the this Agreement.

Appears in 4 contracts

Samples: Performance Driven Plan (First Ulb Corp.), Performance Driven Plan (First Ulb Corp.), Performance Driven Plan (First Ulb Corp.)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the Agreement Plan and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the AgreementPlan.

Appears in 3 contracts

Samples: Deferred Compensation Agreement (Choiceone Financial Services Inc), Deferred Compensation Agreement (Choiceone Financial Services Inc), Cascade Financial Corp

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation interpretation, and application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the this Agreement.

Appears in 3 contracts

Samples: Split Dollar Insurance Agreement (CB Financial Services, Inc.), Executive Split Dollar Agreement (Melrose Bancorp, Inc.), Executive Split Dollar Agreement (Melrose Bancorp, Inc.)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation interpretation, and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement. Neither the Executive nor any Beneficiary shall be deemed to have any right, vested or unvested, regarding the continuing effect of any decision or action of the Plan Administrator.

Appears in 3 contracts

Samples: Compensation Agreement (Middlefield Banc Corp), Compensation Agreement (Middlefield Banc Corp), Compensation Agreement (Middlefield Banc Corp)

Binding Effect of Decisions. The Any decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and or application of the this Agreement and the rules and regulations promulgated hereunder shall be final and final, conclusive and binding upon all persons having any interest in the this Agreement.

Appears in 3 contracts

Samples: Split Dollar Life Insurance Agreement (WVS Financial Corp), Supplemental Executive Retirement Plan (WVS Financial Corp), Split Dollar Life Insurance Agreement (WVS Financial Corp)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.. 5.4

Appears in 2 contracts

Samples: Grange National (Grange National Banc Corp), Grange National (Grange National Banc Corp)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and interpretation, or application of the Agreement this Plan and the rules and regulations promulgated hereunder shall be final and conclusive final, conclusive, and binding upon all persons having any interest in the Agreementthis Plan.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Plan (Acnb Corp), Supplemental Executive Retirement Plan (Acnb Corp)

Binding Effect of Decisions. The decision decisions or action actions of the Plan Administrator with respect to any question questions arising out of or in connection with the administration, interpretation and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.

Appears in 2 contracts

Samples: Executive Deferred Incentive Agreement (Territorial Bancorp Inc.), Executive Deferred Incentive Agreement (Territorial Bancorp Inc.)

Binding Effect of Decisions. The decision or action of the Plan --------------------------- Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.

Appears in 2 contracts

Samples: Pacific Premier (Pacific Premier Bancorp Inc), Pacific Premier (Pacific Premier Bancorp Inc)

Binding Effect of Decisions. The decision or action of the Plan Agreement Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.

Appears in 1 contract

Samples: Executive Supplemental Income Agreement (Origin Bancorp, Inc.)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.. Mxxxxx Savings Bank Director Retirement Agreement

Appears in 1 contract

Samples: Director Retirement Agreement (Mercer Bancorp, Inc.)

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Binding Effect of Decisions. The Any decision or action of the Plan Administrator (or his or her authorized delegates) made in good faith with respect to any question arising out of or in connection with the administration, interpretation interpretation, and application of the this Agreement and the rules and regulations promulgated hereunder hereunder, shall be final and conclusive and binding upon all persons or entities having any interest in this Agreement, and shall be given the Agreementmaximum possible deference permitted by law.

Appears in 1 contract

Samples: Dollar Life Insurance Agreement (Fluidigm Corp)

Binding Effect of Decisions. The Any decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, administration interpretation and or application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the this Agreement.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan Agreement (Riverview Financial Corp)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the this Agreement and the rules and regulations EXHIBIT 10.3 promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the this Agreement.

Appears in 1 contract

Samples: Supplemental Life Insurance Agreement (West Pointe Bancorp Inc)

Binding Effect of Decisions. The Any decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and or application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the this Agreement.

Appears in 1 contract

Samples: Executive Deferred Compensation Agreement (CBTX, Inc.)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the this Agreement and the rules and regulations EXHIBIT 10.5 promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the this Agreement.

Appears in 1 contract

Samples: Supplemental Life Insurance Agreement (West Pointe Bancorp Inc)

Binding Effect of Decisions. The Any decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and or application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the this Agreement.

Appears in 1 contract

Samples: Salary Continuation Agreement (Fidelity Federal Bancorp)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to concerning any question arising out of or in connection with the administration, interpretation interpretation, and application of the Agreement this Plan and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the AgreementPlan.

Appears in 1 contract

Samples: Cortland Bancorp Inc

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in this Agreement, provided that such decisions or actions are in compliance with Section 409A of the AgreementCode.

Appears in 1 contract

Samples: Split Dollar Life Insurance Agreement (FNB Bancorp/Ca/)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.

Appears in 1 contract

Samples: Split Dollar Agreement and Endorsement (Cortland Bancorp Inc)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation interpretation, and application of the Agreement this Plan and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreementthis Plan.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan (CBM Bancorp, Inc.)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.. THE STATE BANK Supplemental Executive Retirement Agreement

Appears in 1 contract

Samples: Retirement Agreement (Fentura Financial Inc)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.. THE LXXXX NATIONAL BANK SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Lyons Bancorp Inc)

Binding Effect of Decisions. The decision or action of the Plan ------------------------------ Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.

Appears in 1 contract

Samples: Retirement Agreement (Community Partners Bancorp)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation interpretation, and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.

Appears in 1 contract

Samples: Continuation Plan Agreement (Tennessee Commerce Bancorp, Inc.)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to about any question arising out of or in connection with the administration, interpretation interpretation, and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the this Split Dollar Agreement.

Appears in 1 contract

Samples: Bancorp Split Dollar Agreement (Cortland Bancorp Inc)

Binding Effect of Decisions. The decision or action of the Plan plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Lyons Bancorp Inc)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to concerning any question arising out of or in connection with the administration, interpretation interpretation, and application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.. 7.4

Appears in 1 contract

Samples: Endorsement Split Dollar Agreement (BNC Bancorp)

Binding Effect of Decisions. The decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the Agreement and the rules and regulations THE STATE BANK Supplemental Executive Retirement Agreement promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Fentura Financial Inc)

Binding Effect of Decisions. The Any decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration, interpretation and or application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in this Agreement. Bank of the Agreement.Cascades Supplemental Employee Retirement Plan

Appears in 1 contract

Samples: Supplemental Employee Retirement Plan (Cascade Bancorp)

Binding Effect of Decisions. The decision or action of the Plan --------------------------- Administrator with respect to any question arising out of or in connection with the administration, interpretation interpretation, and application of the this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in the Agreement.

Appears in 1 contract

Samples: Split Dollar Agreement and Endorsement (BNC Bancorp)

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