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Directors
Directors contract clause examples

Directors’ Fees. A Member may elect to reduce up to 100% of his or her Directors’ Fees in exchange for a Thrift Benefit under the Plan. The Bank will credit a Member's Account with an amount equal to the Directors’ Fees payable to the Member, multiplied by the percentage of Directors’ Fees elected by the Member to be deferred into the Plan for the calendar year.

Directors’ Fees. A Member may elect to reduce up to 100% of his or her Directors’ Fees in exchange for a Thrift Benefit under the Plan. The Bank will credit a Member's Account with an amount equal to the Directors’ Fees payable to the Member,

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