Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the board or such committee as the board shall appoint. The Executive may be a member of the Administrator. The Administrator shall also have the discretion and authority to (a) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (b) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 20 contracts
Samples: Endorsement Split Dollar Agreement, Endorsement Split Dollar Agreement (Bank of Wilmington CORP), Endorsement Split Dollar Agreement (Bank of Wilmington CORP)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the board Board or such committee as the board Board shall appoint. The Executive may not be a member of the Administrator. The Administrator shall also have the discretion and authority to (ax) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (by) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 16 contracts
Samples: Split Dollar Agreement (Sb Financial Group, Inc.), Split Dollar Agreement, Split Dollar Agreement (Cortland Bancorp Inc)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the board Board or such committee as the board Board shall appoint. The Executive may not be a member of the Administrator. The Administrator shall also have the discretion and authority to (ax) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (by) decide or resolve any and all questionsquestions that arise, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 10 contracts
Samples: Endorsement Split Dollar Agreement (1st Financial Services CORP), Endorsement Split Dollar Agreement (1st Financial Services CORP), Endorsement Split Dollar Agreement (1st Financial Services CORP)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist the Bank’s board of the board directors or by such committee or person as the board shall appointappoint (the “Administrator”). The Executive may not be a member of the Administrator. The Administrator shall also have the discretion and authority to (ai) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (bii) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 9 contracts
Samples: Non Competition Agreement (Franklin Financial Network Inc.), Non Solicitation Agreement (Franklin Financial Network Inc.), Confidentiality, Non Competition Agreement (Franklin Financial Network Inc.)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the board Board or such committee as the board Board shall appoint. The Executive may be a member of the Administrator. The Administrator shall also have the discretion and authority to (a) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (b) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 5 contracts
Samples: Split Dollar Agreement and Endorsement (Cortland Bancorp Inc), Split Dollar Agreement and Endorsement (Cortland Bancorp Inc), Split Dollar Agreement and Endorsement (Cortland Bancorp Inc)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the Bank’s board of directors or such committee as the board shall appoint. The Executive may be a member of the Administrator. The Administrator shall also have the discretion and authority to (ax) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (by) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 5 contracts
Samples: Endorsement Split Dollar Agreement (First Reliance Bancshares Inc), Endorsement Split Dollar Agreement (Crescent Financial Corp), Endorsement Split Dollar Agreement (Crescent Financial Corp)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the Bank’s board of directors or such committee as the board shall appoint. The Executive may not be a member of the Administrator. The Administrator shall also have the discretion and authority to (ax) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (by) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with the Agreement.. 7.2
Appears in 4 contracts
Samples: Endorsement Split Dollar Agreement (Tidelands Bancshares Inc), Endorsement Split Dollar Agreement (Tidelands Bancshares Inc), Endorsement Split Dollar Agreement (Tidelands Bancshares Inc)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the board Board or such committee as the board Board shall appoint. The Executive may not be a member of the Administrator. The Administrator shall also have the discretion and authority to (ax) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (by) decide or resolve any and all questionsquestions that arise, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 4 contracts
Samples: Dollar Agreement (BNC Bancorp), Dollar Agreement (BNC Bancorp), Dollar Agreement (BNC Bancorp)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the Bank’s board of directors or such committee as the board shall appoint. The Executive may not be a member of the Administrator. The Administrator shall also have the discretion and authority to (ax) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (by) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 4 contracts
Samples: Endorsement Split Dollar Agreement (Cortland Bancorp Inc), Endorsement Split Dollar Agreement (Cortland Bancorp Inc), Endorsement Split Dollar Agreement (Tidelands Bancshares Inc)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the board or such committee as the board shall appoint. The Executive may not be a member of the Administrator. The Administrator shall also have the discretion and authority to (ax) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (by) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 4 contracts
Samples: Dollar Agreement, Endorsement Split Dollar Agreement (Oak Ridge Financial Services, Inc.), Endorsement Split Dollar Agreement (Oak Ridge Financial Services, Inc.)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the Southcoast's board of directors or such committee as the board shall appoint. The Executive may not be a member of the Administrator. The Administrator shall also have the discretion and authority to (ax) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (by) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 3 contracts
Samples: Endorsement Split Dollar Agreement (Southcoast Financial Corp), Form of Agreement (Southcoast Financial Corp), Endorsement Split Dollar Agreement (Southcoast Financial Corp)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the Bank’s board of directors or such committee as the board shall appoint. The Executive may be a member of the Administrator. The Administrator shall also have the discretion and authority to to: (ai) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement Agreement; and (bii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 3 contracts
Samples: Split Dollar Insurance Agreement (CB Financial Services, Inc.), Executive Split Dollar Agreement (Melrose Bancorp, Inc.), Executive Split Dollar Agreement (Melrose Bancorp, Inc.)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the board or such committee as the board shall appoint. The Executive may not be a member of the Administrator. The Administrator shall also have the discretion and authority to (ax) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (by) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 3 contracts
Samples: Endorsement Split Dollar Agreement (Paragon Commercial CORP), Endorsement Split Dollar Agreement (Paragon Commercial CORP), Endorsement Split Dollar Agreement (Paragon Commercial CORP)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist the Company’s board of the board directors or by such committee or person as the board shall appointappoint (the “Administrator”). The Executive may not be a member of the Administrator. The Administrator shall also have the discretion and authority to (ai) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (bii) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 2 contracts
Samples: Non Solicitation Agreement (Franklin Financial Network Inc.), Solicitation Agreement (Franklin Financial Network Inc.)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the board Board or such committee as the board Board shall appoint. The Executive may be a member of the Administrator. The Administrator shall also have the discretion and authority to (ax) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (by) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 2 contracts
Samples: Endorsement Split Dollar Agreement (Southern Community Financial Corp), Endorsement Split Dollar Agreement (Southern Community Financial Corp)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist the Company’s board of the board directors or by such committee or person as the board shall appointappoint (the “Administrator”). The Executive may not be a member of the Administrator. The Administrator shall also have the discretion and authority to (ax) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (by) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 2 contracts
Samples: Non Competition Agreement (Center Bancorp Inc), Non Competition Agreement (Center Bancorp Inc)
Administrator Duties. This Agreement shall be administered by an Administrator, Administrator which shall consist of the board Board, or such committee or persons as the board shall appoint. The Executive Board may be a member of the Administratorchoose. The Administrator shall also have the discretion and authority to (ai) make, amend, interpret, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (bii) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with the this Agreement.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (Sandy Spring Bancorp Inc)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the board Board or such committee as the board Board shall appoint. The Executive may not be a member of the Administrator. The Administrator shall also have the discretion and authority to (ax) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (by) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement. Xxxxxxxxx amended SERP October 12, as may arise in connection with the Agreement.2017
Appears in 1 contract
Samples: Retirement Plan Agreement (Sb Financial Group, Inc.)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the Bank’s board of directors or such committee or person(s) as the board shall appoint. The Executive may be a member of the Administrator. The Administrator shall also have the discretion and authority to (a) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (b) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 1 contract
Samples: Cumberland Bank Endorsement Split Dollar Agreement (Civitas Bankgroup Inc)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the board Board or such committee as the board Board shall appoint. The Executive may be a member of the Administrator. The Administrator shall also have the discretion and authority to (a) make, amend, interpret, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (b) decide or resolve any and all questions, questions including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 1 contract
Samples: Split Dollar Agreement and Endorsement (Cortland Bancorp Inc)
Administrator Duties. This Agreement shall be administered by -------------------- an Administrator, which shall consist of the board Board or such committee as the board Board shall appoint. The Executive may be a member of the Administrator. The Administrator shall also have the discretion and authority to (a) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (b) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 1 contract
Samples: Split Dollar Agreement and Endorsement (BNC Bancorp)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the board or such committee as the board shall appoint. The Executive may be a member of the Administrator. The Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (ai) make, amend, interpret, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (bii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the Agreement.extent the exercise of such discretion and authority does not conflict with Code Section 409A.
Appears in 1 contract
Samples: Executive Deferred Compensation Agreement (CBTX, Inc.)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the Bank's board of directors or such committee as the board shall appoint. The Executive may not be a member of the Administrator. The Administrator shall also have the discretion and authority to (ax) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (by) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 1 contract
Samples: Endorsement Split Dollar Agreement (First South Bancorp Inc)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist the Compensation Committee of the board Board or by such committee or person as the board Board shall appointappoint (the “Administrator”). The Executive may not be a member of the Administrator. The Administrator shall also have the discretion and authority to (ax) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (by) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 1 contract
Samples: Noncompetition Agreement (Consumers Bancorp Inc /Oh/)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the board or such committee as the board shall appoint. The Executive Officer may be a member of the Administrator. The Administrator shall also have the discretion and authority to (a) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (b) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 1 contract
Samples: Endorsement Split Dollar Agreement (Midcarolina Financial Corp)
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist of the The Bank’s board of directors or such committee as the board shall appoint. The Executive may not be a member of the Administrator. The Administrator shall also have the discretion and authority to (ax) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (by) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 1 contract
Administrator Duties. This Agreement shall be administered by an Administrator, which shall consist the Company’s board of the board directors or by such committee or person as the board shall appoint. The Executive may be a member of appoint (the “Administrator”). The Administrator shall also have the discretion and authority to (ax) make, amend, interpret, and enforce all appropriate rules and regulations for the administration of this Agreement and (by) decide or resolve any and all questionsquestions that may arise, including interpretations of this Agreement, as may arise in connection with the Agreement.
Appears in 1 contract
Samples: Form of Consulting and Non Competition Agreement (Tennessee Commerce Bancorp, Inc.)
