Common use of Trust Clause in Contracts

Trust. (1) Within five business days before or after a Change in Control which was not approved in advance by a resolution of a majority of the directors of the Corporation, the Company shall (i) deposit, or cause to be deposited, in a grantor trust (the “Trust”), designed to conform with Revenue Procedure 92-64 (or any successor) and having a trustee independent of the Bank, an amount equal to the amounts which would be payable in a lump sum under subsections 10(a)(1), 10(a)(2) and 10(a)(3) hereof if those payment provisions become applicable, and (ii) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.

Trust. (1) Within five business days before or after a Change in Control which was not approved in advance by a resolution of a majority of the directors of the CorporationBank or the Parent, the Company Bank shall (i) deposit, or cause to be deposited, in a grantor trust (the “Trust”), designed to conform with Revenue Procedure 92-64 (or any successor) and having a trustee independent of the Bank, an amount equal to the amounts which would be payable in a lump sum under subsections 10(a)(1), 10(a)(2) and 10(a)(3) hereof if those payment provisions become applicable, and (ii) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.

Trust. (1) Within five business days before or after a Change in Control which was not approved in advance by a resolution of a majority of the directors of the Corporation, the Company shall (i) deposit, or cause to be deposited, in a grantor trust (the “Trust”), designed to conform with Revenue Procedure 92-64 (or any successor) and having a trustee independent of the Bank, an amount equal to the amounts which would be payable in a lump sum under subsections 10(a)(1), 10(a)(2(2) and 10(a)(3(3) hereof if those payment provisions become applicable, and (ii) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.

Trust. (1) Within five business days before or after a Change in Control which was not approved in advance by a resolution of a majority of the directors of the Corporation, the Company shall shall, at the Company’s expense, (i) deposit, or cause to be deposited, in a grantor trust (the “Trust”), designed to conform with Revenue Procedure 92-64 (or any successor) and having a trustee independent of the Bank, an amount equal to the amounts which would be payable in a lump sum under subsections 10(a)(1), 10(a)(2) and 10(a)(3(2) hereof if those payment provisions become applicable, and (ii) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.

Trust. (1i) Within five business days before or after a Change in Control which was not approved in advance by a resolution of a majority of the directors of the Corporation, the Company shall shall, at the Company’s expense, (i1) deposit, or cause to be deposited, in a grantor trust (the “Trust”), designed to conform with Revenue Procedure 92-64 (or any successor) and having a trustee independent of the Bank, an amount equal to the amounts which would be payable in a lump sum under subsections 10(a)(1), 10(a)(2) and 10(a)(3subsection 10(a)(i) hereof if those payment provisions become applicable, and (ii2) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.

Trust. (1) Within five business days before or after a Change in Control which was not approved in advance by a resolution of a majority of the directors Directors of the First Financial Corporation, the Company Bank or First Financial Corporation shall (i) deposit, or cause to be deposited, in a grantor trust (the “Trust”), designed to conform with Revenue Procedure 9293-64 (or any successor) and having a trustee independent of the Bank, an amount equal to the amounts which would be payable in a lump sum under subsections 10(a)(1), 10(a)(2(2) and 10(a)(3(3) hereof if those payment provisions become applicable, and (ii) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.

Trust. (1) Within five business days before or after a Change in Control as defined in Section 11(a) of this Agreement which was not approved in advance by a resolution of a majority of the directors Continuing Directors of the CorporationBank, the Company Bank shall (i) deposit, or cause to be deposited, in a grantor trust (the “"Trust”"), designed to conform with Revenue Procedure 9293-64 (or any successor) and having a trustee independent of the Bank, an amount equal to 2.99 times the amounts which would be payable Employee's "base amount" as defined in a lump sum under subsections 10(a)(1), 10(a)(2Section 280G(b)(3) and 10(a)(3) hereof if those payment provisions become applicableof the Code, and (ii) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.

Trust. (1) Within five business days before or after a Change in Control as defined in Section 10(a)(4) of this Agreement which was not approved in advance by a resolution of a majority of the directors Directors of the CorporationBank, the Company Bank shall (i) deposit, or cause to be deposited, in a grantor trust (the “"Trust”"), designed to conform with Revenue Procedure 9293-64 (or any successor) and having a trustee independent of the Bank, an amount equal to the amounts which would be payable in a lump sum under subsections Sections 10(a)(1), 10(a)(2(2) and 10(a)(3(3) hereof if those payment provisions become applicable, and (ii) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.

Trust. (1) Within five business days before or after a Change in Control as defined in Section 11(a)(4) of this Agreement which was not approved in advance by a resolution of a majority of the directors Continuing Directors of the CorporationBank, the Company Bank shall (i) deposit, or cause to be deposited, in a grantor trust (the “Trust”), designed to conform with Revenue Procedure 9293-64 (or any successor) and having a trustee independent of the Bank, an amount equal to 2.99 times the amounts which would be payable Employee’s “base amount” as defined in a lump sum under subsections 10(a)(1), 10(a)(2Section 280G(b)(3) and 10(a)(3) hereof if those payment provisions become applicableof the Code, and (ii) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.

Trust. (1) Within i)Within five business days before or after a Change in Control which was not approved in advance by a resolution of a majority of the directors of the Corporation, the Company shall shall, at the Company’s expense, (i1) deposit, or cause to be deposited, in a grantor trust (the “Trust”), designed to conform with Revenue Procedure 92-64 (or any successor) and having a trustee independent of the Bank, an amount equal to the amounts which would be payable in a lump sum under subsections 10(a)(1), 10(a)(2) and 10(a)(3subsection 10(a)(i) hereof if those payment provisions become applicable, and (ii2) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.

Trust. (1i) Within five business days before or after a Change in Control as defined in Section 11(a) of this Agreement which was not approved in advance by a resolution of a majority of the directors Continuing Directors of the CorporationBank, the Company Bank shall (i) deposit, or cause to be deposited, in a grantor trust (the “"Trust”"), designed to conform with Revenue Procedure 9293-64 (or any successor) and having a trustee independent of the Bank, an amount equal to 2.99 times the amounts which would be payable Employee's "base amount" as defined in a lump sum under subsections 10(a)(1), 10(a)(2Section 280G(b)(3) and 10(a)(3) hereof if those payment provisions become applicableof the Code, and (ii) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.

Trust. (1) Within five business days before or after a Change change in Control ----- control as defined in Section 11(a) of this Agreement which was not approved in advance by a resolution of a majority of the directors Continuing Directors of the CorporationBank, the Company Bank shall (i) deposit, or cause to be deposited, in a grantor trust (the “"Trust”), designed to conform with Revenue Procedure 92-64 (or any successor) and having a trustee independent substantially in the form of the trust that the Bank's Board of Directors approved on January 11, 1996, an amount equal to 2.99 times the amounts which would be payable Employee's "base amount" as defined in a lump sum under subsections 10(a)(1), 10(a)(2Section 280G(b)(3) and 10(a)(3) hereof if those payment provisions become applicableof the Code, and (ii) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.

Trust. (1) Within five business days before or after a Change change ----- in Control control as defined in Section 11(a) of this Agreement which was not approved in advance by a resolution of a majority of the directors Continuing Directors of the CorporationBank, the Company Bank shall (i) deposit, or cause to be deposited, in a grantor trust (the “"Trust”), designed to conform with Revenue Procedure 92-64 (or any successor) and having a trustee independent substantially in the form of the trust that the Bank's Board of Directors approved on January 11, 1996, an amount equal to 2.99 times the amounts which would be payable Employee's "base amount" as defined in a lump sum under subsections 10(a)(1), 10(a)(2Section 280G(b)(3) and 10(a)(3) hereof if those payment provisions become applicableof the Code, and (ii) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.

Trust. (1i) Within five business days before or after a Change in Control as defined in Section 11(a) of this Agreement which was not approved in advance by a resolution of a majority of the directors Continuing Directors of the CorporationBank, the Company Bank shall (i) deposit, or cause to be deposited, in a grantor trust (the “Trust”), designed to conform with Revenue Procedure 9293-64 (or any successor) and having a trustee independent of the Bank, an amount equal to 2.99 times the amounts which would be payable Employee’s “base amount” as defined in a lump sum under subsections 10(a)(1), 10(a)(2Section 280G(b)(3) and 10(a)(3) hereof if those payment provisions become applicableof the Code, and (ii) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.

Trust. (1) Within five business days before or after a Change ----- change in Control control as defined in Section 11(a) of this Agreement which was not approved in advance by a resolution of a majority of the directors Continuing Directors of the CorporationBank, the Company Bank shall (i) deposit, or cause to be deposited, in a grantor trust (the “"Trust”), designed to conform with Revenue Procedure 92-64 (or any successor") and having a trustee independent substantially in the form of the trust that the Bank's Board of Directors approved on December 14, 1995, an amount equal to 2.99 times the amounts which would be payable Employee's "base amount" as defined in a lump sum under subsections 10(a)(1), 10(a)(2Section 280G(b)(3) and 10(a)(3) hereof if those payment provisions become applicableof the Code, and (ii) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.

Trust. (1) . Within five business days before or after a Change in Control which was not approved in advance by a resolution of a majority of the directors of the Corporation, the Company shall shall, at the Company's expense, (i) deposit, or cause to be deposited, in a grantor trust (the “"Trust”"), designed to conform with Revenue Procedure 92-64 (or any successor) and having a trustee independent of the Bank, an amount equal to the amounts which would be payable in a lump sum under subsections 10(a)(1), 10(a)(2) and 10(a)(3(2) hereof if those payment provisions become applicable, and (ii) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.

Trust. (1) Within five business days before or after a Change in Control which was not approved in advance by a resolution of a majority of the directors Directors of the First Financial Corporation, the Company Bank or First Financial Corporation shall (i) deposit, or cause to be deposited, in a grantor trust (the “"Trust”"), designed to conform with Revenue Procedure 9293-64 (or any successor) and having a trustee independent of the Bank, an amount equal to the amounts which would be payable in a lump sum under subsections 10(a)(1), 10(a)(2(2) and 10(a)(3(3) hereof if those payment provisions become applicable, and (ii) provide the trustee of the Trust with a written direction to hold said amount and any investment return thereon in a segregated account for the benefit of the Employee, and to follow the procedures set forth in the next paragraph as to the payment of such amounts from the Trust.