Common use of Purpose of the Plan Clause in Contracts

Purpose of the Plan. 2.01 The purpose of the Plan is to retain personnel of experience and ability in key positions by providing Employees of the Savings Bank and of its subsidiaries with a proprietary interest in the Savings Bank as compensation for their contributions to the Savings Bank and any other Subsidiaries and as an incentive to make such contributions in the future.

Purpose of the Plan. 2.01 The purpose of the Plan is to reward and to retain personnel of experience and ability in key positions of responsibility with the Savings Bank and its subsidiaries, by providing Employees such personnel of the Savings Bank and of its subsidiaries with a proprietary an equity interest in the parent corporation of the Savings Bank Bank, Guaranty Federal Bancshares, Inc. ("Parent"), as compensation for their prior and anticipated future professional contributions and service to the Savings Bank and any other Subsidiaries and as an incentive to make such contributions in the futureits subsidiaries.

Purpose of the Plan. 2.01 The purpose of the Plan is to reward and to retain personnel of experience and ability in key positions of responsibility with the Savings Bank and its subsidiaries, by providing Employees such personnel of the Savings Bank and of its subsidiaries with a proprietary an increased equity interest in the parent corporation of the Savings Bank Bank, Farnsworth Bancorp, Inc. ("Pxxxxx"), as compensation for their future professional contributions and service to the Savings Bank and any other Subsidiaries and as an incentive to make such contributions in the futureits subsidiaries.

Purpose of the Plan. 2.01 The purpose of the Plan is to retain personnel of experience and ability in key positions by providing Employees such key employees of the Savings Bank and of its subsidiaries with a proprietary interest in the Savings Bank Corporation as compensation for their contributions to the Corporation, the Savings Bank Bank, and any other Subsidiaries and as an incentive to make such contributions in the future.

Purpose of the Plan. 2.01 The purpose of the Plan is to reward and retain personnel of experience and ability in key positions by providing Employees of the Savings Bank and of its subsidiaries such persons with a proprietary interest in the Savings Bank as compensation for their contributions to the Savings Bank and any other Subsidiaries and as an incentive to make such contributions and to promote the Savings Bank's growth and profitability in the future.

Purpose of the Plan. 2.01 The purpose of the Plan is to reward and to retain personnel of experience and ability in key positions of responsibility with the Savings Bank and its subsidiaries, by providing Employees such personnel of the Savings Bank and of its subsidiaries with a proprietary an equity interest in the Savings Bank as compensation for their prior and anticipated future professional contributions and service to the Savings Bank and any other Subsidiaries and as an incentive to make such contributions in the futureits subsidiaries.