Associate Definition Example with 21 Variations

Associate. Of when used to indicate a relationship with any Person means (i) a corporation or organization (other than the MHC, the Holding Company, the Bank or 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 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 terms shall not include any Tax-Qualified Employee Stock Benefit Plan or Non-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 Person who is related by blood or marriage to such Person and who lives in the same home as the such Person or who is a director or senior officer of the MHC, Association or the Holding Company or the Bank or any of their subsidiaries. the subsidiaries of the foregoing. View More

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 Association or 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 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. View More

Associate. Of when used to indicate a Person relationship with any Person, means (i) a corporation or organization (other than the MHC, Bank, the Holding Company, Stock-form Bank, the Bank SHC, MHC or a majority-owned subsidiary of either 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 capacity (exclusive of any Tax-Qualified Employee Stock Benefit Plan or Non-Tax Qualified Employee Stock Benefit Plan of the Bank, the Stock-form Bank, the SHC or the MHC); (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 Bank or the Bank SHC or any of their subsidiaries. subsidiaries; and (iv) any Person acting in concert with any of the Persons or entities specified in clauses (i) through (iii) above. View More

Associate. Of when used to indicate a Person relationship with any Person, means (i) a corporation or organization (other than the MHC, Bank, the Holding Company, Stock-form Bank, the Bank SHC, MHC or a majority-owned subsidiary of either 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 capacity (exclusive of any Tax-Qualified Employee Stock Benefit Plan or Non-Tax Qualified Employee Stock Benefit Plan of the Bank, the Stock-form Bank, the SHC or the MHC); (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 Bank or the Bank SHC or any of their subsidiaries. subsidiaries; and (iv) any Person acting in concert with any of the Persons or entities specified in clauses (i) through (iii) above. View More

Associate. Of when used to indicate a Person relationship with any Person, means (i) savings association, 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 Bank) of which such Person is a senior 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 2 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 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. View More

Associate. Of when used to indicate a Person relationship with any Person, means (i) savings bank, a corporation or organization (other than the MHC, the Holding Company, the Savings Bank or a majority-owned subsidiary of the MHC, the Holding Company or the Bank), if the Savings Bank) of which such Person is a senior 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 MHC, Holding Company or the Savings 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 Savings Bank or any of their subsidiaries. View More

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 Bank, MHC or a majority-owned subsidiary of either 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 trustee or in a similar fiduciary capacity (exclusive of any tax-qualified employee stock benefit plan and any non-tax-qualified employee stock benefit plan of the Bank or the SHC in which such Person has a substantial beneficial interest or serves as a trustee or in a similar fiduciary capacity, and capacity); (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 Bank or the Stock-form Bank or any of their subsidiaries. subsidiaries; and (iv) any Person acting in concert with any of the Persons or entities specified in clauses (i) through (iii) above. View More

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 h as 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

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 Savings Bank or a majority-owned subsidiary of the MHC, Savings Bank or the Holding Company or the Bank), if the Company) of which such Person is a senior 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 Savings 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 Savings Bank or any of their subsidiaries. View More

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 or 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 terms shall not include any Tax-Qualified Employee Stock Benefit Plan or Non-Tax-Qualified Employee Stock -2- 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 relative or spouse of such Person, or any relative of such spouse of such Person, 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, Bank or the Holding Company or the Bank or any of their subsidiaries. the subsidiaries of the foregoing. View More