Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a), all Plan Shares subject to a Plan Share Award held by a Recipient whose employment or service with the Corporation or any Subsidiary terminates due to death or Disability shall be deemed earned as of the Recipient's last day of employment with the Corporation or any Subsidiary and shall be distributed as soon as practicable thereafter; provided, however, that Awards shall be distributed in accordance with Section 7.03(a).
Appears in 4 contracts
Samples: Plan and Trust Agreement (First Keystone Financial Inc), Fidelity Financial of Ohio Inc, Jacksonville Bancorp Inc
Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a)this Section, all Plan Shares subject to a Plan Share Award held by a Recipient whose employment or service with the Corporation Company or any a Subsidiary terminates due to death Death or Disability Disability, or any part of such Award that has not theretofore been earned, shall be deemed earned as of the Recipient's last day of employment with the Corporation Company or any Subsidiary and shall be distributed as soon as practicable thereafter; provided, however, that Awards shall be distributed in accordance with Section 7.03(a)a Subsidiary.
Appears in 2 contracts
Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a), all Plan Shares subject to a Plan Share Award held by a Recipient whose employment or service with as a director of the Corporation or any Subsidiary terminates due to death or Disability shall be deemed earned as of the Recipient's ’s last day of employment service with the Corporation or any Subsidiary and shall be distributed as soon as practicable thereafter; provided, however, that no Awards shall be distributed in accordance with Section 7.03(a)prior to six months from the date of grant of the Plan Share Award.
Appears in 2 contracts
Samples: Esb Financial Corp, Esb Financial Corp
Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a), all Plan Shares subject to a Plan Share Award held by a Recipient whose employment or service with the Corporation or any Subsidiary terminates due to death or Disability shall be deemed earned as of the Recipient's ’s last day of employment with the Corporation or any Subsidiary and shall be distributed as soon as practicable thereafter; provided, however, that no Awards shall be distributed in accordance with Section 7.03(a)prior to six months from the date of grant of the Plan Share Award.
Appears in 2 contracts
Samples: Esb Financial Corp, Esb Financial Corp
Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a), all Plan Shares subject to a Plan Share Award held by a Recipient whose employment or service with the Corporation or any Subsidiary or service as a Non-Employee Director terminates due to death or Disability shall be deemed earned as of the Recipient's last day of employment with or service to the Corporation or any Subsidiary and shall be distributed as soon as practicable thereafter; provided, however, that Awards shall be distributed in accordance with Section 7.03(a).
Appears in 1 contract
Samples: And Retention Plan and Trust Agreement (Gs Financial Corp)
Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a)) above, all Plan Shares subject to a Plan Share Award held by a Recipient whose employment or service with the Corporation Association or any a Subsidiary terminates due to death or Disability disability (as determined by the Committee), shall be deemed earned as of the Recipient's last day of employment with the Corporation Association or any Subsidiary and shall be distributed as soon as a practicable thereafter; provided, however, that Awards shall be distributed in accordance with Section 7.03(a).
Appears in 1 contract
Samples: Thistle Group Holdings Co
Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a), all Plan Shares subject to a Plan Share Award held by a Recipient whose employment or service with the Corporation or any Subsidiary Company or service as a Non-Employee Director terminates due to death or Disability shall be deemed earned as of the Recipient's last day of employment with or service to the Corporation or any Subsidiary Company (provided, however, no such accelerated vesting shall occur if a Recipient remains employed by at least one member of the Employer Group) and shall be distributed as soon as practicable thereafter; provided, however, that Awards shall be distributed in accordance with Section 7.03(a).
Appears in 1 contract
Samples: Willow Financial Bancorp, Inc.
Exception for Terminations Due to Death or Disability. Notwithstanding the general rule contained in Section 7.01(a), all Plan Shares subject to a Plan Share Award held by a Recipient whose employment with or service with to the Corporation or any Subsidiary terminates due to death or Disability shall be deemed earned as of the Recipient's last day of employment with or service to the Corporation or any Subsidiary and shall be distributed as soon as practicable thereafter; provided, however, that Awards shall be distributed in accordance with Section 7.03(a).
Appears in 1 contract
Samples: First Federal Financial Bancorp Inc