Common use of Purpose of the Plan Clause in Contracts

Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain the Directors and Employees of the Corporation, the Association and the Subsidiaries who are in key positions of responsibility by providing such Directors and Employees with an equity interest in the Corporation as reasonable compensation for their contributions to the Corporation, the Association and the Subsidiaries.

Appears in 2 contracts

Samples: Plan and Trust Agreement (Market Financial Corp), Market Financial Corp

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Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain the Directors and Employees of the Corporation, the Association Bank and the Subsidiaries who are in key positions of responsibility by providing such Directors and Employees with an equity interest in the Corporation as reasonable compensation for their contributions to the Corporation, the Association Bank and the Subsidiaries.

Appears in 2 contracts

Samples: Columbia Financial of Kentucky Inc, Columbia Financial of Kentucky Inc

Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain the Directors and Employees of the Corporation, the Association and the Subsidiaries who are in key positions of responsibility by providing such Directors and Employees with an equity interest in the Corporation as reasonable compensation for their contributions to the Corporation, the Association and the Subsidiariesany Subsidiary.

Appears in 2 contracts

Samples: Ohio State Financial Services Inc, Ohio State Financial Services Inc

Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain the Directors and Employees of the Corporation, the Association and the Subsidiaries who are in key positions of responsibility by providing such Directors and Employees with an equity interest in the Corporation as reasonable compensation for their contributions to the Corporation, the Association and the Subsidiariesany Subsidiary.

Appears in 1 contract

Samples: Ohio State Financial Services Inc

Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain the Directors and Employees of the CorporationHolding Company, the Association and the Subsidiaries who are in key positions of responsibility by providing such Directors and Employees with an equity interest in the Corporation Holding Company as reasonable compensation for their contributions to the CorporationHolding Company, the Association and the Subsidiaries.

Appears in 1 contract

Samples: Southern Community Bancshares Inc

Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain the Directors and Employees of the Corporation, the Association Company and the Subsidiaries who are in key positions of responsibility by providing such Directors and Employees with an equity interest in the Corporation as reasonable compensation for their contributions to the Corporation, the Association and the Subsidiaries.Employees

Appears in 1 contract

Samples: United Community Financial Corp

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Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain the Directors and Employees of the Corporation, the Association Bank and the Subsidiaries who are in key positions of responsibility by providing such Directors and Employees with an equity interest in the Corporation as reasonable compensation for their contributions to the Corporation, the Association Bank and the Subsidiariesany Subsidiary.

Appears in 1 contract

Samples: Home Loan Financial Corp

Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain the Directors and Employees of the Corporation, the Association Bank and the Subsidiaries who are in key positions of responsibility by providing such Directors and Employees with an equity interest in the Corporation as reasonable compensation for their contributions to the Corporation, the Association Bank and the Subsidiaries.

Appears in 1 contract

Samples: FFD Financial Corp/Oh

Purpose of the Plan. 3.01 The purpose of the Plan is to reward and retain the Directors and Employees of the Corporation, the Association Bank and the Subsidiaries who are in key positions of responsibility by providing such Directors and Employees with an equity interest in the Corporation as reasonable compensation for their contributions to the Corporation, the Association and the Subsidiaries.with

Appears in 1 contract

Samples: Home Loan Financial Corp

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