Partial Vesting Date

Partial Vesting Date. Shall mean, for any Director who commenced Service in or after the 2009 calendar year, the date on which the Director has five Years of Service on the Board. On the Partial Vesting Date, such Director will become 50% vested in a benefit under the Plan.

Partial Vesting Date. Means the date on which the Director has ten (10) Years of Service on the Board of Directors of the Bank. On the Partial Vesting Date, such Director will become 50% vested in the Normal Plan Benefit and will vest in an additional 5% for each Year of Service thereafter until fully vested on the Director's Full-Vesting Date