Associate Definition Example with 21 Variations

This page contains an example definition of Associate, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Associate. Of a Person means (i) a corporation or organization (other than the MHC, the Holding Company, the Bank or a majority-owned subsidiary of the MHC, the Holding Company or the Bank), if the Person is a senior officer or partner or beneficially owns, directly or indirectly, 10% or more of any class of equity securities of the corporation or organization, (ii) a trust or other estate, if the Person has a substantial beneficial interest in the trust or estate or is a trustee or fiduciary 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 of which such Person serves as a trustee or in a similar fiduciary capacity, and (iii) any person who is related by blood or marriage to such Person and who lives in the same home as the Person or who is a director or senior officer of the MHC, the Holding Company or the Bank or any of their subsidiaries. View More Arrow
Found in LIBERTY BANCORP INC contract

Variations

Associate. Of a Person means (i) a corporation or organization (other than the MHC, the Mid-Tier Holding Company, the Bank or a majority-owned subsidiary of the MHC, the Mid-Tier Holding Company or the Bank), if the Person is a senior officer or partner or beneficially owns, directly or indirectly, 10% or more of any class of equity securities of the corporation or organization, (ii) a trust or other estate, if the Person has a substantial beneficial interest in the trust or estate or is a trustee or... fiduciary of the trust or estate, provided, however, that such term shall not include any Tax-Qualified Employee Stock Benefit Plan of the MHC, the Mid-Tier Holding Company or the Bank in which such Person has a substantial beneficial interest or of which such Person serves as a trustee or in a similar fiduciary capacity, and (iii) any person who is related by blood or marriage to such Person and who lives in the same home as the Person or who is a director or senior officer of the MHC, the Mid-Tier Holding Company or the Bank or any of their subsidiaries. View More Arrow
Found in Sugar Creek Financial Corp. contract
Associate. Of when used to indicate a Person relationship with any Person, means (i) a corporation or organization (other than the MHC, the Mutual Holding Company, the Bank or Mid-Tier Holding Company, the Association, a majority-owned subsidiary of the MHC, Association, or the Holding Company or the Bank), if the Company) of which such Person is a senior director, officer or partner or beneficially owns, is, directly or indirectly, the beneficial owner of 10% or more of any class of equity securities of... the corporation or organization, securities, (ii) a any trust or other estate, if the estate in which such Person has a substantial beneficial interest in the trust or estate or is a as to which such Person serves as trustee or in a similar fiduciary of the trust or estate, capacity, provided, however, that such term shall not include any Tax-Qualified Employee Stock Benefit Plan of the Holding Company or the Bank Association in which such Person has a substantial beneficial interest or of which such Person serves as a trustee or in a similar fiduciary capacity, and (iii) any person relative or spouse of such Person, or any relative of such spouse, who is related by blood or marriage to such Person and who lives in has the same home as the such Person or who is a director or senior officer of the MHC, the Holding Company or the Bank Association or any of their subsidiaries. the subsidiaries of the foregoing. View More Arrow
Found in Home Federal Bancorp, Inc. of Louisiana contract
Associate. Of of a Person means (i) a corporation or organization (other than the MHC, the Mid-Tier Holding Company, the Bank or a majority-owned subsidiary of the MHC, the Mid-Tier Holding Company or the Bank), if the Person is a senior officer or partner or beneficially owns, directly or indirectly, 10% or more of any class of equity securities of the corporation or organization, (ii) a trust or other estate, if the Person has a substantial beneficial interest in the trust or estate or is a trustee or... fiduciary of the trust or estate, provided, however, that such term shall not include any Tax-Qualified Employee Stock Benefit Plan of the MHC, the Mid-Tier Holding Company or the Bank in which such Person has a substantial beneficial interest or of which such Person serves as a trustee or in a similar fiduciary capacity, and (iii) any person who is related by blood or marriage to such Person and who lives in the same home as the Person or who is a director or senior officer of the MHC, the Mid-Tier Holding Company or the Bank or any of their subsidiaries. View More Arrow
Found in 6 Contracts from 3 Companies
Associate. Of of a Person means (i) a corporation or organization (other than the MHC, the Mid-Tier Holding Company, the Bank or a majority-owned subsidiary of the MHC, the Mid-Tier Holding Company or the Bank), if the Person is a senior officer or partner or beneficially owns, directly or indirectly, 10% or more of any class of equity securities of the corporation or organization, (ii) a trust or other estate, if the Person has a substantial beneficial interest in the trust or estate or is a trustee or... fiduciary of the trust or estate, provided, however, that such term shall not include any Tax-Qualified 2 Table of Contents Employee Stock Benefit Plan of the MHC, the Mid-Tier Holding Company or the Bank in which such Person has a substantial beneficial interest or of which such Person serves as a trustee or in a similar fiduciary capacity, and (iii) any person who is related by blood or marriage to such Person and who lives in the same home as the Person or who is a director or senior officer of the MHC, the Mid-Tier Holding Company or the Bank or any of their subsidiaries. View More Arrow
Found in Naugatuck Valley Financial Corp contract
Associate. Of when used to indicate a Person relationship with any Person, means (i) a corporation or organization (other than the MHC, the Mutual Holding Company, the Bank or Mid-Tier Holding Company, the Bank, a majority-owned subsidiary of the MHC, Bank, or the Holding Company or the Bank), if the Company) of which such Person is a senior director, officer or partner or beneficially owns, is, directly or indirectly, the beneficial owner of 10% or more of any class of equity securities of the... corporation or organization, securities, (ii) a any trust or other estate, if the estate in which such Person has a substantial beneficial interest in the trust or estate or is a as to which such Person serves as trustee or in a similar fiduciary of the trust or estate, capacity, provided, however, that such term shall not include any Tax-Qualified Employee Stock Benefit Be nefit Plan of the Holding Company or the Bank in which such Person has a substantial beneficial interest or of which such Person serves as a trustee or in a similar fiduciary capacity, and (iii) any person relative or spouse of such Person, or any relative of such spouse, who is related by blood or marriage to such Person and who lives in has the same home as the such Person or who is a director or senior officer of the MHC, the Holding Company or the Bank or any of their subsidiaries. the subsidiaries of the foregoing. 2 View More Arrow
Found in MINDEN BANCORP, INC. contract
Associate. Of of a Person means (i) a corporation or organization (other than the MHC, the Holding Company, the Bank Association or a majority-owned subsidiary of the MHC, the Holding Company or the Bank), Association), if the Person is a senior officer or partner or beneficially owns, directly or indirectly, 10% or more of any class of equity securities of the corporation or organization, (ii) a trust or other estate, if the Person has a substantial beneficial interest in the trust or estate or is a... trustee or fiduciary 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 Association in which such Person has a substantial beneficial interest or of which such Person serves as a trustee or in a similar fiduciary capacity, and (iii) any person who is related by blood or marriage to such Person and who lives in the same home as the Person or who is a director or senior officer of the MHC, the Holding Company or the Bank Association or any of their subsidiaries. View More Arrow
Found in 2 Contracts from Fraternity Community Bancorp Inc
Associate. Of of a Person means (i) a corporation or organization (other than the MHC, the Mid-Tier Holding Company, the Holding Company, the Bank or a majority-owned subsidiary of the MHC, the Mid-Tier Holding Company, the Holding Company or the Bank), if the Person is a senior officer or partner or beneficially owns, directly or indirectly, 10% or more of any class of equity securities of the 2 corporation or organization, (ii) a trust or other estate, if the Person has a substantial beneficial interest... in the trust or estate or is a trustee or fiduciary of the trust or estate, provided, however, that such term shall not include any Tax-Qualified Employee Stock Benefit Plan of the MHC, the Mid-Tier Holding Company, the Holding Company or the Bank in which such Person has a substantial beneficial interest or of which such Person serves as a trustee or in a similar fiduciary capacity, and (iii) any person who is related by blood or marriage to such Person and who lives in the same home as the Person or who is a director or senior officer of the MHC, the Mid-Tier Holding Company, the Holding Company or the Bank or any of their subsidiaries. View More Arrow
Found in 2 Contracts from Franklin Financial Corp
Associate. Of of a Person means (i) a corporation or organization (other than the MHC, the Mid-Tier Holding Company, the Bank or a majority-owned subsidiary of the MHC, the Mid-Tier Holding Company or the Bank), if the Person is a senior officer or partner or beneficially owns, directly or indirectly, 10% or more of any class of equity securities of the corporation or organization, (ii) a trust or other estate, if the Person has a substantial beneficial interest in the trust or estate or is a trustee or... fiduciary of the trust or estate, provided, however, that such term shall not include any Tax-Qualified Employee Stock Benefit Plan of the MHC, the Mid-Tier Holding Company or the Bank in which such Person has a substantial beneficial interest or of which such Person serves as a trustee or in a similar fiduciary capacity, and (iii) any person who is related by blood or marriage to such Person and who lives in the same home as the Person or who is a director or senior officer of the MHC, the Mid-Tier Holding Company or the Bank or any of their subsidiaries. 2 View More Arrow
Found in Polonia Bancorp contract
Associate. Of when used to indicate a Person relationship with any Person, means (i) a corporation or organization (other than the MHC, the Holding Company, the Bank Company or a majority-owned subsidiary of the MHC, the Holding Company or the Bank), if the same) of which such Person is a senior director, officer or partner or beneficially owns, is, directly or indirectly, the beneficial owner of 10% or more of any class of equity securities of the corporation or organization, securities; (ii) a any trust... or other estate, if the Person has a substantial beneficial interest in the trust or estate or is a trustee or fiduciary 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 of as to which such Person serves as a trustee or in a similar fiduciary capacity, and 1 capacity (exclusive of any Tax-Qualified Employee Stock Benefit Plan or Non-Tax Qualified Employee Stock Benefit Plan of HoldCo or the Company); (iii) any person relative or spouse of such Person, or any relative of such spouse, who is related by blood or marriage to such Person and who lives in has the same home as the such Person or who is a director Director or senior officer Officer of the MHC, the Holding Company or the Bank Company, or any of their subsidiaries. its subsidiaries; and (iv) any Person acting in concert with any of the Persons or entities specified in clauses (i) through (iii) above. View More Arrow
Found in PENN MILLERS HOLDING CORP contract
Associate. Of of a Person means (i) a corporation or organization (other than the MHC, the Mid-Tier Holding Company, the Bank or a majority-owned subsidiary of the MHC, the Mid-Tier Holding Company or the Bank), if the Person is a senior officer or partner or beneficially owns, directly or indirectly, 10% or more of any class of equity securities of the corporation or organization, (ii) a trust or other estate, if the Person has a substantial beneficial interest in the trust or estate or is a trustee or... fiduciary of the trust or estate, provided, however, that such term shall not include any Tax-Qualified Employee Stock Benefit Plan of the MHC, the Mid-Tier Holding Company or the Bank in which such Person has a substantial beneficial interest or of which such Person serves as a trustee or in a similar fiduciary capacity, and (iii) any person who is related by blood or marriage to such Person and who lives in the same home as the Person or who is a director or senior officer of the MHC, the Holding Company or the Bank or any of their subsidiaries. View More Arrow
Found in North Penn Bancorp Inc contract
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