Recusal. An individual serving as Plan Administrator may be eligible to participate in the Plan, but such person shall not be entitled to participate in discretionary decisions under Article 7 relating to such person’s own interests in the Plan.
Appears in 29 contracts
Sources: Supplemental Executive Retirement Plan Agreement (Renasant Corp), Supplemental Director Retirement Agreement (Narragansett Bancorp, Inc.), Supplemental Executive Retirement Agreement (Narragansett Bancorp, Inc.)
Recusal. An individual serving as Plan Administrator may be eligible to participate in the Plan, but such person shall not be entitled to participate in discretionary decisions under Article 7 8 relating to such person’s own interests in the Plan.
Appears in 8 contracts
Sources: Supplemental Executive Retirement Agreement (Plumas Bancorp), Supplemental Executive Retirement Agreement (Plumas Bancorp), Supplemental Executive Retirement Agreement (Plumas Bancorp)
Recusal. An individual serving as Plan Administrator may be eligible to participate in the Plan, but such person shall not be entitled to participate in discretionary decisions under Article Articles 6 or 7 relating to such person’s own interests in the Plan.
Appears in 3 contracts
Sources: Supplemental Executive Retirement Agreement (Stewardship Financial Corp), Supplemental Executive Retirement Agreement (Stewardship Financial Corp), Supplemental Executive Retirement Agreement (Stewardship Financial Corp)
Recusal. An individual serving as Plan Administrator may be eligible to participate in the Plan, but such person shall not be entitled to participate in discretionary decisions under Article 7 relating to such person’s own interests in the Plan.. WashingtonFirst Bank Supplemental Executive Retirement Agreement
Appears in 1 contract
Sources: Supplemental Executive Retirement Agreement (WashingtonFirst Bankshares, Inc.)