Common use of Named Fiduciary and Plan Administrator Clause in Contracts

Named Fiduciary and Plan Administrator. The “Named Fiduciary and Plan Administrator” of this Endorsement Method Split Dollar Agreement shall be Xxxxxx Bank & Trust until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 4 contracts

Samples: Wilson Bank Holding Co, Wilson Bank Holding Co, Wilson Bank Holding Co

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Named Fiduciary and Plan Administrator. The “Named Fiduciary and Plan Administrator” of this Endorsement Method Split Dollar Agreement shall be Xxxxxx Bank & Trust until its resignation or removal by the Executive Committee of the Board of DirectorsDirectors of the Bank. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 4 contracts

Samples: Endorsement Method Split Dollar Plan (Old Point Financial Corp), Agreement (Old Point Financial Corp), Endorsement Method Split Dollar Plan (Old Point Financial Corp)

Named Fiduciary and Plan Administrator. The “Named Fiduciary and Plan Administrator” of this Endorsement Method Split Dollar Agreement shall be Xxxxxx Bank & Trust until its resignation or removal by the Executive Committee of the Board of DirectorsTrustees of the Bank. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of the advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 4 contracts

Samples: Plan Agreement (Community Financial Corp /Md/), Plan Agreement (Community Financial Corp /Md/), Plan Agreement (Community Financial Corp /Md/)

Named Fiduciary and Plan Administrator. The “Named Fiduciary and Plan Administrator” of this Endorsement Method Split Dollar Agreement shall be Xxxxxx The Lxxxx National Bank & Trust until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Bank or the Trustee at the direction of the Bank shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 2 contracts

Samples: Split Dollar Plan Agreement (Lyons Bancorp Inc), Lyons Bancorp Inc

Named Fiduciary and Plan Administrator. The “Named Fiduciary and Plan Administrator” of this Endorsement Method Split Dollar Agreement shall be Xxxxxx Clovis Community Bank & Trust until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Dollar Plan (Central Valley Community Bancorp)

Named Fiduciary and Plan Administrator. The “Named Fiduciary and Plan Administrator” of this Endorsement Method Split Dollar Agreement shall be Xxxxxx Community Trust Bank & Trust until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Plan Agreement (Origin Bancorp, Inc.)

Named Fiduciary and Plan Administrator. The “Named Fiduciary and Plan Administrator” of this Endorsement Method Split Dollar Agreement shall be Xxxxxx Citizens National Bank & Trust until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Bank or the Trustee at the direction of the Bank shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Plan Agreement (Citizens Financial Corp/De/)

Named Fiduciary and Plan Administrator. The “Named Fiduciary and Plan Administrator” of this Endorsement Method Split Dollar Agreement shall be Xxxxxx Bank & Trust NetBank until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Netbank Inc

Named Fiduciary and Plan Administrator. The "Named Fiduciary and Plan Administrator" of this Endorsement Method Split Dollar Agreement shall be Xxxxxx Bank & Trust until its resignation or removal by the Executive Committee of the Board of DirectorsTrustees of the Bank. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of the advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Plan Agreement (Community Financial Corp /Md/)

Named Fiduciary and Plan Administrator. The “Named Fiduciary and Plan Administrator” of this Endorsement Method Split Dollar Agreement shall be Xxxxxx Crescent Bank & and Trust Company until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Crescent Banking Co

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Named Fiduciary and Plan Administrator. The “Named Fiduciary and Plan Administrator” of this Endorsement Method Split Dollar Agreement shall be Xxxxxx Bank St. Tammany Homestead Savings & Trust Loan Association until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Endorsement Method Split Dollar Plan Agreement (Heritage NOLA Bancorp, Inc.)

Named Fiduciary and Plan Administrator. The "Named Fiduciary and Plan Administrator" of this Endorsement Method Split Dollar Agreement shall be Xxxxxx Heritage Bank & Trust until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control, control and administration of this Split Dollar Plan as established herein. The the Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Executive Supplemental Retirement Plan (CCF Holding Co)

Named Fiduciary and Plan Administrator. The "Named Fiduciary and Plan Administrator" of this Endorsement Method Split Dollar Agreement shall be Xxxxxx The Fauquier Bank & Trust until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Bank or the Trustee at the direction of the Bank shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Dollar Plan Agreement (Fauquier Bankshares Inc)

Named Fiduciary and Plan Administrator. The ‘‘Named Fiduciary and Plan Administrator” of this Endorsement Method Split Dollar Agreement shall be Xxxxxx Bank St. Tammany Homestead Savings & Trust Loan Association until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Director Agreement (Heritage NOLA Bancorp, Inc.)

Named Fiduciary and Plan Administrator. The ‘‘Named Fiduciary and Plan Administrator” of this Endorsement Method Split Dollar Agreement shall be Xxxxxx Bank & Trust until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Bank shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Agreement (Wilson Bank Holding Co)

Named Fiduciary and Plan Administrator. The “Named Fiduciary and Plan Administrator” of this Endorsement Method Split Dollar Agreement shall be Xxxxxx Bank & Trust Centra Bank, Inc. until its resignation or removal by the Board of Directors. As Named Fiduciary and Plan Administrator, the Bank or the Trustee at the direction of the Bank shall be responsible for the management, control, and administration of this Split Dollar Plan as established herein. The Named Fiduciary may delegate to others certain aspects of the management and operation responsibilities of the Plan, including the employment of advisors and the delegation of any ministerial duties to qualified individuals.

Appears in 1 contract

Samples: Dollar Plan (Centra Financial Holdings Inc)

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