Approved ESOP definition

Approved ESOP means (a) the “Management Incentive Plan of ManTech International Corporation, 2016 Restatement” and (b) the “ManTech International Corporation Employee Stock Ownership Plan,” each as currently in effect, as well as any future equity incentive plan or employee stock ownership plan that is in form and substance reasonably satisfactory to the Administrative Agent.
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Approved ESOP shall have the meaning attributed to such term in Section 7.1(b) of this Agreement.
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Approved ESOP means (a) the “Management Incentive Plan of ManTech International Corporation, 2011 Restatement” and (b) the “ManTech International Corporation Employee Stock Ownership Plan,” each as currently in effect, as well as any future employee stock option plan or employee stock ownership plan that is in form and substance reasonably satisfactory to the Administrative Agent.
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Examples of Approved ESOP in a sentence

  • Your Vested ESOP Options will cease to be exercisable 20 days after the date of Court Sanction (Approved ESOP Options) or one month after the date of Court Sanction (Unapproved ESOP Options), unless they lapse earlier in accordance with the ESOP Rules (in which case they will lapse at that point if they are not exercised).

  • Approved ESOP Options If you exercise any Approved ESOP Options: (i) before Court Sanction (Choice A); (ii) on Court Sanction (Choice B); or (iii) in the period of 20 days after the date of Court Sanction (Choice C), no income tax will arise and no National Insurance contributions will be due in respect of this exercise.

  • If you do not exercise your ESOP Options within 20 days (Approved ESOP Options) or one month (Unapproved ESOP Options) after Court Sanction, all your ESOP Options will lapse automatically and you will not receive any value.

  • The disposal of St. Modwen Shares you acquire on exercise of your Approved ESOP Options in return for cash consideration should be treated as a disposal for the purposes of capital gains tax (“CGT”).


More Definitions of Approved ESOP

Approved ESOP means an employee stock option plan or an employee stock ownership plan, in form and substance reasonably satisfactory to the Administrative Agent.
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Related to Approved ESOP

  • approved blood scheme means a scheme established or approved by the Secretary of State, or trust established with funds provided by the Secretary of State, for the purpose of providing compensation in respect of a person having been infected from contaminated blood products;

  • Approved Entity means a body corporate that is incorporated or established under the laws of an OECD member state and which, on the occurrence of the Relevant Event, has in issue Relevant Shares.

  • Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.

  • Alternative education program means a school or separate class group designed to best serve students’ educational needs and interests and assist students in achieving the academic standards of the district and the state.

  • Qualified incubator facility means a commercial building

  • Approved Source means Cisco or a Cisco authorized reseller, distributor or systems integrator.

  • Eligible Real Estate means Real Estate:

  • Participating Property means Development.

  • collective investment scheme means any arrangements with respect to property of any description, including money, the purpose or effect of which is to enable Persons taking part in the arrangements (whether by becoming owners of the property or any part of it or otherwise) to participate in or receive profits or income arising from the acquisition, holding, management or disposal of the property or sums paid out of such profits or income.

  • Participating student means a student in kindergarten through

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Employee Transfer Date means in respect of any particular Transferring Employee the date on which the part of the Services to which they are assigned transfers from the Previous Contractor to the Contractor;

  • Long-term care facility means a nursing home, retirement care, mental care, or other facility or institution that provides extended health care to resident patients.