18-202D 18-202D . . . Restricted Stock Plan and Trust Agreement for federal savings and loan association ("corporation") under which (a) corporation will contribute funds to Restricted Stock Plan ("Plan") and Plan will (i) purchase common stock in open market or (ii) purchase authorized but unissued shares of common stock from corporation, and (b) committee of Board of Directors can grant Restricted Stock Awards to directors, officers and key employees, Twenty percent of such Awards are earned and become non-forfeitable on one-year anniversary of date of grant and an additional 20% are earned and become non-forfeitable annually thereafter; provided that recipient of Award remains an employee or director of corporation during such period. Dividends paid on Restricted Stock Awards are held in arrears and distributed on date such applicable Restricted Stock Awards are earned
Alabama Restricted Stock Plan and Trust Agreement of Home Federal Savings and Loan Assoc.
Category:
State:
Multi-State
Control #:
US-CC-18-202D
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Restricted Stock Plan And Trust Agreement Of Home Federal Savings And Loan Assoc.?
If you want to full, download, or produce lawful record web templates, use US Legal Forms, the biggest variety of lawful forms, that can be found online. Utilize the site`s basic and convenient lookup to discover the documents you need. Different web templates for company and person uses are sorted by classes and says, or search phrases. Use US Legal Forms to discover the Alabama Restricted Stock Plan and Trust Agreement of Home Federal Savings and Loan Assoc. in a couple of mouse clicks.
Should you be currently a US Legal Forms customer, log in to the bank account and click on the Obtain key to have the Alabama Restricted Stock Plan and Trust Agreement of Home Federal Savings and Loan Assoc.. You can even entry forms you formerly downloaded in the My Forms tab of your bank account.
If you work with US Legal Forms for the first time, follow the instructions under:
- Step 1. Make sure you have chosen the shape to the proper town/land.
- Step 2. Make use of the Preview option to check out the form`s content material. Do not overlook to read the outline.
- Step 3. Should you be not satisfied with all the form, use the Research industry at the top of the display to get other models in the lawful form design.
- Step 4. After you have found the shape you need, click the Buy now key. Select the costs strategy you choose and add your accreditations to sign up for an bank account.
- Step 5. Method the financial transaction. You can utilize your charge card or PayPal bank account to perform the financial transaction.
- Step 6. Pick the structure in the lawful form and download it on the device.
- Step 7. Comprehensive, revise and produce or signal the Alabama Restricted Stock Plan and Trust Agreement of Home Federal Savings and Loan Assoc..
Each and every lawful record design you buy is yours eternally. You may have acces to every form you downloaded with your acccount. Click on the My Forms portion and select a form to produce or download once more.
Contend and download, and produce the Alabama Restricted Stock Plan and Trust Agreement of Home Federal Savings and Loan Assoc. with US Legal Forms. There are many expert and status-distinct forms you may use to your company or person demands.
Form popularity
FAQ
Banks are community, regional or national for-profit business corporations owned by private investors and governed by a board of directors chosen by the stockholders. Savings institutions (also called savings & loans or savings banks) specialize in real estate financing.
Post-Crisis S&Ls. The difference between commercial banks and S&Ls has narrowed significantly. In 2019, there were only 659 Savings and Loans, ing to the FDIC.
Savings and loan associations ? also known as savings banks, thrifts and thrift institutions ? are financial institutions typically owned by their customers or shareholders. Savings and loan associations were established in the 1930s to provide more affordable mortgages to consumers.
The S&L crisis culminated in the collapse of hundreds of savings & loan institutions and the insolvency of the Federal Savings and Loan Insurance Corporation, which cost taxpayers many billions of dollars and contributed to the recession of 1990?91.
Post-Crisis S&Ls. The difference between commercial banks and S&Ls has narrowed significantly. In 2019, there were only 659 Savings and Loans, ing to the FDIC.