Determination Letter. The Bank shall apply for a determination letter from the Internal Revenue Service that the Plan and the Trust, taken together, qualify as an employee stock ownership plan for purposes of Section 4975(e)(7) of the Code and the rules and regulations thereunder.
Appears in 7 contracts
Samples: Bayonne Bancshares Inc, Bay State Bancorp Inc, Northeast Pennsylvania Financial Corp
Determination Letter. The Bank shall apply for a determination -------------------- letter from the Internal Revenue Service that the Plan and the Trust, taken together, qualify as an employee stock ownership plan for purposes of Section 4975(e)(7) of the Code and the rules and regulations thereunder.
Appears in 5 contracts
Samples: First Bancorp of Indiana Inc, First Source Bancorp Inc, PFSB Bancorp Inc
Determination Letter. The Bank shall apply for a determination letter -------------------- from the Internal Revenue Service that the Plan and the Trust, taken together, qualify as an employee stock ownership plan for purposes of Section 4975(e)(7) of the Code and the rules and regulations thereunder.
Appears in 2 contracts
Samples: First Lincoln Bancshares Inc, Richmond Country Financial Corp
