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Common use of ESOP Clause in Contracts

ESOP. “ESOP” shall mean an employee stock ownership plan sponsored by First Federal and that will buy SHC Common Stock in the Reorganization.

Appears in 4 contracts

Samples: Merger Agreement (Kentucky First Federal Bancorp), Merger Agreement (Frankfort First Bancorp Inc), Agreement of Merger (Kentucky First Federal Bancorp)

ESOP. ESOP" shall mean an employee stock ownership plan sponsored by First Federal and that will buy SHC Common Stock in the Reorganization.

Appears in 2 contracts

Samples: Merger Agreement (Kentucky First Federal Bancorp), Merger Agreement (Frankfort First Bancorp Inc)

ESOP. ESOP" shall mean an employee stock ownership plan sponsored by ---- First Federal and that will buy SHC Common Stock in the Reorganization.

Appears in 1 contract

Samples: Merger Agreement (Frankfort First Bancorp Inc)