Common use of Index Clause in Contracts

Index. The Index for any Plan Year shall be the aggregate annual after-tax income from the life insurance contracts described hereinafter as defined by FASB Technical Bulletin 85-4. This Index shall be applied as if such insurance contracts were purchased on the Effective Date.

Appears in 10 contracts

Samples: Director Indexed Compensation Benefits Agreement (Heritage Commerce Corp), Director Indexed Compensation Benefits Agreement (Heritage Commerce Corp), Director Indexed Compensation Benefits Agreement (Heritage Commerce Corp)

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Index. The Index for any Plan Year shall be the aggregate annual after-tax income from the life insurance contracts contract(s) described hereinafter as defined by FASB Technical Bulletin 85-4. This Index shall be applied as if such insurance contracts contract(s) were purchased on the Effective DateDate of the Executive Plan.

Appears in 8 contracts

Samples: Executive Supplemental Retirement Plan (Bank of Granite Corp), Retirement Plan Executive Agreement (Grandsouth Bancorporation), Supplemental Retirement Plan (Bank of Granite Corp)

Index. The Index for any Plan Year shall be the aggregate annual after-tax income from the life insurance contracts contract(s) described hereinafter as defined by FASB Technical Bulletin 85-4. This Index shall be applied as if such insurance contracts contract(s) were purchased on the Effective DateDate of this Executive Agreement.

Appears in 5 contracts

Samples: Executive Supplemental Retirement Agreement (GBC Bancorp Inc), Supplemental Retirement (GBC Bancorp Inc), Supplemental Retirement (GBC Bancorp Inc)

Index. The Index for any the Plan Year shall be the aggregate annual after-tax income from the life insurance contracts contract(s) described hereinafter as defined by FASB Technical Bulletin 85-4. This Index shall be applied as if such insurance contracts contract(s) were purchased on the Effective Date.

Appears in 4 contracts

Samples: Executive Supplemental Retirement Plan and Consulting Agreement (Cn Bancorp Inc), Executive Supplemental Retirement Plan and Consulting Agreement (Cn Bancorp Inc), Executive Supplemental Retirement Plan and Consulting Agreement (Cn Bancorp Inc)

Index. The Index for any Plan the plan Year shall be the aggregate annual after-tax income from the life insurance contracts contract(s) described hereinafter as defined by FASB Technical Bulletin 85-4. This Index shall be applied as if such insurance contracts contract(s) were purchased on the Effective Date.

Appears in 4 contracts

Samples: Executive Supplemental Retirement Plan (Cn Bancorp Inc), Executive Supplemental Retirement Plan (Cn Bancorp Inc), Executive Supplemental Retirement Plan (Cn Bancorp Inc)

Index. The Index for any Plan Year shall be the aggregate annual after-tax income from the life insurance contracts contract(s) described hereinafter as defined by FASB Technical Bulletin 85-4. This Index shall be applied as if such insurance contracts were purchased on the Effective DateDate hereof.

Appears in 4 contracts

Samples: Agreement (South Street Financial Corp), Agreement (South Street Financial Corp), Agreement (South Street Financial Corp)

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Index. The Index for any Plan Year shall be the aggregate annual after-tax income from the life insurance contracts described hereinafter as defined by FASB Technical Bulletin 85-4. This Index shall be applied as if such insurance contracts were purchased on the Effective Dateeffective date hereof.

Appears in 3 contracts

Samples: Continuation Plan Agreement (Flag Financial Corp), Plan Agreement (Flag Financial Corp), Continuation Plan (Commercial Bancshares Inc \Oh\)

Index. The Index for any Plan Year year shall be the aggregate annual after-tax income from the life insurance contracts described hereinafter as defined by FASB Technical Bulletin 85-4. This Index shall be applied as if such insurance contracts were purchased on the Effective Dateeffective date hereof.

Appears in 2 contracts

Samples: Supplemental Retirement Plan Agreement (Shore Bancshares Inc), Agreement (Eufaula Banccorp Inc)

Index. The Index for any Plan Year shall be the aggregate annual after-tax income from the life insurance contracts contract(s) described hereinafter hereinbelow as defined by FASB Technical Bulletin 85-4. This Index shall be applied as if such insurance contracts were purchased on the Effective DateDate of the Trustee Plan.

Appears in 1 contract

Samples: Supplemental Retirement Plan Agreement (Hampden Bancorp, Inc.)

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