24 Associate. When used to indicate a relationship with any Person, means (i) a corporation or organization (other than the Mutual Holding Company, the Mid-Tier Holding Company, the Bank,
or a majority-owned subsidiary of the
Bank, Bank or the Holding
Company) of which such Company), if the Person is a
director, senior officer or
partner partner, or
is, beneficially owns, directly or indirectly,
the beneficial owner of 10% or more of any class of equity
securities, securities of the corporation or... organization, (ii) any trust or other estate in which such estate, if the Person has a substantial beneficial interest in the trust or as to which such Person serves as estate or is a trustee or in a similar fiduciary capacity, of the trust or estate, provided, however, that such term shall not include any Tax-Qualified Employee Stock Benefit Plan of the Holding Company or the Bank in which such Person has a substantial beneficial interest or serves as a trustee or in a similar fiduciary capacity, of such plan, and (iii) any relative Person who is related by blood or spouse of marriage to such Person, or any relative of such spouse, Person and (A) who has lives in the same home as such Person the Person; or (B) who is a director or senior officer of the Holding Company or the Bank or any of the subsidiaries of the foregoing.
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24 Associate. When used to indicate a relationship with any Person, means (i) a corporation or organization (other than the Mutual Holding Company, the Mid-Tier Holding Company, the Bank, a majority-owned subsidiary of the
Bank, Bank or the Holding
Company) of which such Company), if the Person is a
director, senior officer or
partner partner, or
is, beneficially owns, directly or indirectly,
the beneficial owner of 10% or more of any class of equity
securities, securities of the corporation or organization,... (ii) any trust or other estate in which such estate, if the Person has a substantial beneficial interest in the trust or as to which such Person serves as estate or is a trustee or in a similar fiduciary capacity, of the estate, provided, however, that such term shall not include any Tax-Qualified Employee Stock Benefit Plan of the Holding Company or the Bank in which such Person has a substantial beneficial interest or serves as a trustee or in a similar fiduciary capacity, fiduciary, and (iii) any relative Person who is related by blood or spouse of marriage to such Person, or any relative of such spouse, Person and (A) who has lives in the same home as such Person the Person; or (B) who is a director or senior officer of the Holding Company or the Bank or any of the subsidiaries of the foregoing.
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