Common use of Plan Terminations Under Section 409A Clause in Contracts

Plan Terminations Under Section 409A. Notwithstanding anything to the contrary in Section 8.2, the Bank may make distributions in the following circumstances, in accordance with Section 409A of the Code or the regulations thereunder:

Appears in 4 contracts

Samples: Salary Continuation Agreement (Canyon Bancorp), Continuation Agreement (First Community Corp /Sc/), Continuation Agreement (Regional Bankshares Inc)

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Plan Terminations Under Section 409A. Notwithstanding anything Subject to the contrary in Section 8.28.12, the Bank may make distributions in the following circumstances, in accordance with Section 409A of the Code or the regulations thereunder:

Appears in 2 contracts

Samples: Salary Continuation Agreement (Canyon Bancorp), Salary Continuation Agreement (Canyon Bancorp)

Plan Terminations Under Section 409A. Notwithstanding anything to the contrary in Section 8.2, the Bank may make distributions under certain circumstances following Plan termination under this Section 8.3. Any such distribution shall be made according to the rules set forth in the following circumstances, in accordance with regulations promulgated under Section 409A of the Code or Code, and shall conform to the regulations thereunderfollowing requirements:

Appears in 1 contract

Samples: Supplemental Compensation Agreement (Pacific State Bancorp)

Plan Terminations Under Section 409A. Notwithstanding anything to the contrary in Section 8.2, the The Bank may make distributions in the following circumstances, in accordance with Section 409A of the Code or the regulations thereunder:

Appears in 1 contract

Samples: Salary Continuation Agreement (Canyon Bancorp)

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Plan Terminations Under Section 409A. Notwithstanding anything to the contrary in Section 8.210.2, the Bank may make distributions in the following circumstances, in accordance with Section 409A of the Code or the regulations thereunder:

Appears in 1 contract

Samples: Ohio Valley Banc Corp

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