Thrift Incentive Plan definition
Examples of Thrift Incentive Plan in a sentence
Solely for the purposes of the Settlement, the Court finds that the requirements of Rule 23 of the Federal Rules of Civil Procedure have been met as to the Settlement Class, which is defined as: All participants and beneficiaries of The Northern Trust Thrift- Incentive Plan who were invested in The Northern Trust Focus Funds at any time on or after June 1, 2015, through preliminary approval of this Settlement, excluding any persons with responsibility for the Plan’s investment or administrative functions.
Thrift Incentive Plan, as supplemented, restated and amended, and as the same may in the future be supplemented or amended in accordance with their provisions, are included in and made part of the agreement.
Pursuant to the Bank's conversion from mutual to stock form in 1993 and the adoption of the Employee Stock Ownership Plan ("ESOP"), all matching contributions to the Thrift Incentive Plan for employees of the former Queens County Savings Bank were suspended, in order to comply with the limitations set forth by the Internal Revenue Code.
Pursuant to the Bank's conversion from mutual to stock form in 1993 and the adoption of the ESOP, all matching contributions to the Thrift Incentive Plan for Queens County Savings Bank employees were suspended, in order to comply with the limitations set forth by the Internal Revenue Code.
In connection with the acquisition by New York Community Bancorp, all matching contributions to the CFS Bank Thrift Incentive Plan were suspended, effective January 1, 2001.
The Court certifies the following class for settlement purposes under Federal Rule of Civil Procedure 23(b)(1): All participants and beneficiaries of The Northern Trust Thrift- Incentive Plan who were invested in The Northern Trust Focus Funds at any time on or after June 1, 2015, through preliminary approval of this Settlement, excluding any persons with responsibility for the Plan’s investment or administrative functions.