Common use of INITIAL INVESTMENT Clause in Contracts

INITIAL INVESTMENT. Any funds held by the Trust prior to investment in the Common Stock shall be invested by the Trustee in such interest-bearing account or accounts at the Savings Bank as the Trustee shall determine to be appropriate.

Appears in 21 contracts

Samples: Guaranty Federal Bancshares Inc, Plan and Trust Agreement (Farnsworth Bancorp Inc), Restricted Stock (Roebling Financial Corp, Inc.)

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INITIAL INVESTMENT. Any funds held by the Trust prior to investment in the Common Stock shall be invested by the Trustee in such interest-bearing account or accounts at the Savings Bank as the Trustee shall determine to be appropriate.

Appears in 18 contracts

Samples: And Trust Agreement (Wells Financial Corp), Esb Financial Corp, Plan and Trust Agreement (Se Financial Corp)

INITIAL INVESTMENT. Any funds amounts held by the Trust prior to investment in the purchase of Common Stock shall be invested by the Plan Trustee in such interest-bearing account or accounts at the Savings Bank as the Plan Trustee shall determine to be appropriate.

Appears in 2 contracts

Samples: Old Guard Group Inc, Mercer Insurance Group Inc

INITIAL INVESTMENT. Any funds held by the Trust prior to investment in the issuance of Common Stock as part of the reorganization transaction of the Association shall be invested by the Trustee in such interest-bearing account or accounts at the Savings Bank Association as the Trustee shall determine to be appropriate.

Appears in 1 contract

Samples: Thistle Group Holdings Co

INITIAL INVESTMENT. Any funds held by the Trust prior to investment in the Common Stock shall be invested by the Trustee in such interest-bearing account or accounts at the Savings Bank Association as the Trustee shall determine to be appropriate.

Appears in 1 contract

Samples: NCF Financial Corp /De/

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INITIAL INVESTMENT. Any funds held by the Trust prior to investment in the acquisition of Common Stock either through open-market purchases or from authorized, but unissued shares from the Savings Bank, shall be invested by the Trustee in such interest-bearing account or accounts at the Savings Bank as the Trustee shall determine to be appropriate.

Appears in 1 contract

Samples: Thistle Group Holdings Co

INITIAL INVESTMENT. Any funds held by the Trust prior to investment in the Common Stock issuance of stock of the Savings Bank as part of the reorganization transaction of the Savings Bank shall be invested by the Trustee in such interest-bearing account or accounts at the Savings Bank as the Trustee shall determine to be appropriate.

Appears in 1 contract

Samples: First Colorado Bancorp Inc

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