Common use of Change in Form or Timing of Distributions Clause in Contracts

Change in Form or Timing of Distributions. Any change to the form or timing of distributions hereunder shall be considered made only when it becomes irrevocable under the terms of the Agreement. Any change will be considered irrevocable not later than thirty (30) days following acceptance of the change by the Plan Administrator and must comply with the following rules:

Appears in 8 contracts

Samples: Supplemental Executive Retirement Agreement (Plumas Bancorp), Supplemental Executive Retirement Agreement (Plumas Bancorp), Supplemental Executive Retirement Agreement (Origin Bancorp, Inc.)

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Change in Form or Timing of Distributions. Any change to the form or timing of distributions hereunder shall be considered made only when it becomes irrevocable under the terms of WashingtonFirst Bank Supplemental Executive Retirement Agreement the Agreement. Any change will be considered irrevocable not later than thirty (30) days following acceptance of the change by the Plan Administrator and must comply with the following rules:

Appears in 3 contracts

Samples: Retirement Agreement (WashingtonFirst Bankshares, Inc.), Retirement Agreement (WashingtonFirst Bankshares, Inc.), Retirement Agreement (WashingtonFirst Bankshares, Inc.)

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Change in Form or Timing of Distributions. Any change to the form or timing of distributions hereunder shall be considered made only when it becomes irrevocable under the terms of the Agreement. Any change will be considered irrevocable not later than thirty (30) days following acceptance of the change by the Plan Agreement Administrator and must comply with the following rules:

Appears in 1 contract

Samples: Executive Supplemental Income Agreement (Origin Bancorp, Inc.)

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