Compensation, Expenses and Indemnity. The Administrator shall serve without compensation for services rendered hereunder. The Administrator is authorized at the expense of the Plan Sponsor to employ such legal counsel and/or Plan record keeper as it may deem advisable to assist in the performance of its duties hereunder. Expense and fees in connection with the administration of this Plan shall be paid by the Plan Sponsor.
Appears in 24 contracts
Samples: Supplemental Executive Retirement Plan (Southern National Bancorp of Virginia Inc), Supplemental Executive Retirement Plan (Southern National Bancorp of Virginia Inc), Supplemental Executive Retirement Plan (Southern National Bancorp of Virginia Inc)
Compensation, Expenses and Indemnity. The Administrator shall serve without compensation for services rendered hereunder. The Administrator is authorized at the expense of the Plan Sponsor to employ such legal counsel and/or and/ or Plan record keeper as it may deem advisable to assist in the performance of its duties hereunder. Expense and fees in connection with the administration of this Plan shall be paid by the Plan Sponsor.
Appears in 11 contracts
Samples: Supplemental Executive Retirement Plan (Community Financial Corp /Md/), Supplemental Executive Retirement Plan (Community Financial Corp /Md/), Supplemental Executive Retirement Plan (Community Financial Corp /Md/)
Compensation, Expenses and Indemnity. The Administrator members shall serve without compensation for their services rendered hereunder. The Plan Administrator is authorized at the expense of the Plan Sponsor to employ such legal counsel and/or Plan record keeper recordkeeper as it may deem advisable to assist in the performance of its duties hereunder. Expense and fees in connection with the administration of this Plan shall be paid by the Plan Sponsor.
Appears in 4 contracts
Samples: Supplemental Executive Retirement Plan (Somerset Hills Bancorp), Supplemental Executive Retirement Plan (Somerset Hills Bancorp), Supplemental Executive Retirement Plan (Somerset Hills Bancorp)
Compensation, Expenses and Indemnity. The Plan Administrator shall serve without compensation for services rendered hereunder. The Plan Administrator is authorized at the expense of the Plan Sponsor Bank to employ such legal counsel and/or Plan record keeper recordkeeper as it may deem advisable to assist in the performance of its duties hereunder. Expense and fees in connection with the administration of this Plan shall be paid by the Plan SponsorBank.
Appears in 3 contracts
Samples: Supplemental Executive Retirement Plan (Blue Ridge Bankshares, Inc.), Supplemental Executive Retirement Plan (Blue Ridge Bankshares, Inc.), Supplemental Executive Retirement Plan (Blue Ridge Bankshares, Inc.)
Compensation, Expenses and Indemnity. The Plan Administrator shall serve without compensation for services rendered hereunder. The Plan Administrator is authorized at the expense of the Plan Sponsor Bank to employ such legal counsel and/or Plan record keeper plan recordkeeper as it may deem advisable to assist in the performance of its duties hereunder. Expense Expenses and fees in connection with the administration of this Plan shall be paid by the Plan SponsorBank.
Appears in 3 contracts
Samples: Continuation Agreement (Fifth District Bancorp, Inc.), Continuation Agreement (Fifth District Bancorp, Inc.), Fifth District Bancorp, Inc.
Compensation, Expenses and Indemnity. The Plan Administrator shall serve without compensation for services rendered hereunder. The Plan Administrator is authorized at the expense of the Plan Sponsor to employ such legal counsel and/or Plan record keeper recordkeeper as it may deem advisable to assist in the performance of its duties hereunder. Expense and fees in connection with the administration of this Plan shall be paid by the Plan Sponsor.
Appears in 2 contracts
Samples: Deferred Compensation Master Agreement (Oceanfirst Financial Corp), Deferred Compensation Master Agreement (Oceanfirst Financial Corp)
Compensation, Expenses and Indemnity. The Plan Administrator shall serve without compensation for services rendered hereunder. The Plan Administrator is authorized at the expense of the Plan Sponsor Bank to employ such legal counsel and/or Plan record keeper recordkeeper as it may deem advisable to assist in the performance of its duties hereunder. Expense Expenses and fees in connection with the administration of this Plan shall be paid by the Plan SponsorBank.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Plan (Acnb Corp), Supplemental Executive Retirement Plan (Acnb Corp)
Compensation, Expenses and Indemnity. The Plan Administrator shall serve without compensation for services rendered hereunder. The Plan Administrator is authorized at the expense of the Plan Sponsor Company to employ such legal counsel and/or Plan record keeper recordkeeper as it may deem advisable to assist in the performance of its duties hereunder. Expense and fees in connection with the administration of this Plan shall be paid by the Plan SponsorCompany.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Plan (DNB Financial Corp /Pa/), Supplemental Executive Retirement Plan (DNB Financial Corp /Pa/)
