Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.
Appears in 50 contracts
Samples: Split Dollar Agreement (Centerstate Banks of Florida Inc), Dollar Life Insurance Agreement (Lyons Bancorp Inc), Endorsement Split Dollar Agreement (1st Financial Services CORP)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.
Appears in 34 contracts
Samples: Endorsement Split Dollar Agreement (Midcarolina Financial Corp), Endorsement Split Dollar Agreement (Bank of Wilmington CORP), Endorsement Split Dollar Agreement (Midcarolina Financial Corp)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, basis by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.
Appears in 21 contracts
Samples: Split Dollar Agreement (Cortland Bancorp Inc), Endorsement Split Dollar Agreement (Tidelands Bancshares Inc), Split Dollar Agreement and Endorsement (Cortland Bancorp Inc)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.
Appears in 11 contracts
Samples: Endorsement Split Dollar Life Insurance Agreement (Origin Bancorp, Inc.), Dollar Life Insurance Agreement (Prudential Bancorp, Inc.), Endorsement Split Dollar Life Insurance Agreement (Prudential Bancorp Inc of Pennsylvania)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s 's W-2, or if applicable, Form 1099.
Appears in 6 contracts
Samples: Dollar Agreement (First Citizens Bancshares Inc /Tn/), Dollar Life Insurance Agreement (ESSA Bancorp, Inc.), Dollar Life Insurance Agreement (ESSA Bancorp, Inc.)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s W-2, W-2 or if applicable, Form 1099, as appropriate.
Appears in 5 contracts
Samples: Endorsement Split Dollar Agreement (1st Financial Services CORP), Endorsement Split Dollar Agreement (1st Financial Services CORP), Endorsement Split Dollar Agreement (1st Financial Services CORP)
Imputed Income. The Bank shall impute the economic benefit to the Executive Employee on an annual basis, by adding the economic benefit to the ExecutiveEmployee’s W-2, or if applicable, Form 1099.
Appears in 4 contracts
Samples: Dollar Life Insurance Agreement (SBT Bancorp, Inc.), Dollar Life Insurance Agreement (SBT Bancorp, Inc.), Endorsement Split Dollar (HarborOne Bancorp, Inc.)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099. Before and after the Executive’s retirement, the Bank also shall pay an annual gross-up bonus to the Executive in an amount sufficient to enable the Executive to pay the federal income tax on both the economic benefit and on the gross-up bonus.
Appears in 4 contracts
Samples: Split Dollar Agreement (Southside Bancshares Inc), Southside Bank Split Dollar Agreement (Southside Bancshares Inc), Split Dollar Agreement (Southside Bancshares Inc)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s Form W-2, or if applicable, Form 1099.
Appears in 3 contracts
Samples: Split Dollar Agreement (Temecula Valley Bancorp Inc), Split Dollar Agreement (Temecula Valley Bancorp Inc), Split Dollar Agreement (Temecula Valley Bancorp Inc)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s Form W-2, or if applicable, Form 1099.
Appears in 2 contracts
Samples: Executive Split Dollar Agreement (Melrose Bancorp, Inc.), Executive Split Dollar Agreement (Melrose Bancorp, Inc.)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, basis by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.. Xxxxx split dollar agreement October 11, 2017
Appears in 1 contract
Samples: 2017 Split Dollar Agreement and Endorsement (Sb Financial Group, Inc.)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, basis by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.. Xxxxx amended SERP October 10, 2017
Appears in 1 contract
Samples: Retirement Plan Agreement (Sb Financial Group, Inc.)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, basis by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.. Xxxxxxxxx amended SERP October 12, 2017
Appears in 1 contract
Samples: Retirement Plan Agreement (Sb Financial Group, Inc.)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099. After the Executive's retirement, the Bank also shall pay an annual gross-up bonus to the Executive in an amount sufficient to enable the Executive to pay the federal income tax on both the economic benefit and on the gross-up bonus.
Appears in 1 contract
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.. THE SIMSBURY BANK & TRUST COMPANY Endorsement Split Dollar Insurance Agreement
Appears in 1 contract
Samples: Endorsement Split Dollar Insurance Agreement (SBT Bancorp, Inc.)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, basis by adding the economic benefit to the Executive’s Form W-2, or or, if applicable, Form 1099.
Appears in 1 contract
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, basis by adding the economic benefit to the Executive’s W-2Form W-2 or, or if applicable, Form 1099.
Appears in 1 contract
Samples: Cumberland Bank Endorsement Split Dollar Agreement (Civitas Bankgroup Inc)
Imputed Income. The Bank shall impute the economic benefit to the Executive on to an annual basis, by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.
Appears in 1 contract
Samples: Supplemental Life Insurance Agreement (Northern California Bancorp Inc)
Imputed Income. The Bank shall impute the economic benefit to the Executive pursuant to Section 3.2 hereof on an annual basis, by adding the economic benefit to the Executive’s W-2Form W-2 - Wage and Tax Statement, or if applicable, Form 1099-Miscellaneous Income.
Appears in 1 contract
Samples: Split Dollar Insurance Agreement (CB Financial Services, Inc.)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, basis by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.. Xxxxxxxxx split dollar agreement October 11, 2017
Appears in 1 contract
Samples: 2017 Split Dollar Agreement and Endorsement (Sb Financial Group, Inc.)
Imputed Income. The Bank shall impute the economic benefit to -------------- the Executive on an annual basis, by adding the economic benefit to the Executive’s 's W-2, or if applicable, Form 1099.
Appears in 1 contract
Samples: Split Dollar Agreement and Endorsement (BNC Bancorp)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, basis by adding the economic benefit to the Executive’s 's W-2, or if applicable, Form 1099.
Appears in 1 contract
Samples: Endorsement Split Dollar Agreement (First South Bancorp Inc)
Imputed Income. The Bank shall impute the economic benefit to the Executive on an annual basis, by adding the economic benefit to the Executive’s W-2, or if applicable, Form 1099.. 242
Appears in 1 contract
Samples: Endorsement Split Dollar Agreement (Citizens South Banking Corp)
