Investment of Trust Assets. The Trust shall purchase Common Stock of the Parent in an amount equal to up to 100% of the Trust's cash assets, after providing for any required withholding as needed for tax purposes, provided, however, that the Trust shall not purchase more than 91,455 shares of Common Stock. The Trustee may purchase shares of Common Stock in the open market, from authorized but unissued shares of the Common Stock or treasury shares from the Parent, or from any grantor trust of the Parent or the Bank that is established from time to time for purposes of funding stock compensation plans of the Parent or the Bank in an amount sufficient to fund the Plan Share Reserve.
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Investment of Trust Assets. The Following approval of the Plan by stockholders of the Savings Bank and receipt of any other necessary regulatory approvals, the Trust shall purchase Common Stock of the Parent in an amount equal to up to 100% of the Trust's cash assets, after providing for any required withholding as needed for tax purposes, provided, however, that the Trust shall not purchase more than 91,455 31,067 shares of Common Stock. The Trustee may purchase shares of Common Stock in the open marketmarket or, from in the alternative, may purchase authorized but unissued shares of the Common Stock or treasury shares from the Parent, or from any grantor trust of the Parent or the Bank that is established from time to time for purposes of funding stock compensation plans of the Parent or the Bank in an amount sufficient to fund the Plan Share Reserve.
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Investment of Trust Assets. The Trust shall purchase Common Stock of the Parent in an amount equal to up to 100% of the Trust's cash assets, after providing for any required withholding as needed for tax purposes, provided, however, that the Trust shall not purchase more than 91,455 than, 25,902 shares of Common Stock, representing 4% of the aggregate shares of Common Stock issued by the Savings Bank to parties other than Eureka Bancorp, MHC. The Trustee may purchase shares of Common Stock in the open marketmarket or, from in the alternative, may purchase authorized but unissued shares of the Common Stock or treasury shares from the Parent, or from any grantor trust of the Parent or the Bank that is established from time to time for purposes of funding stock compensation plans of the Parent or the Bank in an amount sufficient to fund the Plan Share Reserve.
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Samples: Eureka Financial Corp
Investment of Trust Assets. The Following ratification of the Plan by stockholders of the Parent and receipt of any other necessary regulatory approvals, the Trust shall purchase Common Stock of the Parent in an amount equal to up to 100% of the Trust's cash assets, after providing for any required withholding as needed for tax purposes, provided, however, that the Trust shall not purchase more than 91,455 16,203 shares of Common Stock. The Trustee may purchase shares of Common Stock in the open marketmarket or, from in the alternative, may purchase authorized but unissued shares of the Common Stock or treasury shares from the Parent, or from any grantor trust of the Parent or the Bank that is established from time to time for purposes of funding stock compensation plans of the Parent or the Bank in an amount sufficient to fund the Plan Share Reserve.
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Samples: Bucs Financial Corp
Investment of Trust Assets. The Following ratification of the Plan by stockholders of the Parent and receipt of any other necessary regulatory approvals, the Trust shall purchase Common Stock of the Parent in an amount equal to up to 100% of the Trust's cash assets, after providing for any required withholding as needed for tax purposes, provided, however, that the Trust shall not purchase more than 91,455 30,300 shares of Common Stock. The Trustee may purchase shares of Common Stock in the open marketmarket or, from in the alternative, may purchase authorized but unissued shares of the Common Stock or treasury shares from the Parent, or from any grantor trust of the Parent or the Bank that is established from time to time for purposes of funding stock compensation plans of the Parent or the Bank in an amount sufficient to fund the Plan Share Reserve.
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Samples: Reserve Bancorp Inc
Investment of Trust Assets. The Following approval of the Plan by stockholders of the Parent and receipt of any other necessary regulatory approvals, the Trust shall purchase Common Stock of the Parent in an amount equal to up to 100% of the Trust's cash assets, after providing for any required withholding as needed for tax purposes, provided, however, that the Trust shall not purchase more than 91,455 45,967 shares of Common Stock. The Trustee may purchase shares of Common Stock in the open marketmarket or, from in the alternative, may purchase authorized but unissued shares of the Common Stock or treasury shares from the Parent, or from any grantor trust of the Parent or the Bank that is established from time to time for purposes of funding stock compensation plans of the Parent or the Bank in an amount sufficient to fund the Plan Share Reserve.
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Samples: Restricted Stock Plan and Trust Agreement (Osage Bancshares, Inc.)