Employee Stock definition
Examples of Employee Stock in a sentence
The term "person" refers to an individual, corporation, bank, bank holding company, or other entity, but excludes any Employee Stock Ownership Plan established for the benefit of employees of Bancorp or any of its subsidiaries or other affiliates.
Employee shall be entitled to participate in the Employee Stock Option Plan of the Company once approved by the Board of Directors.
The Executive will be eligible to participate in the Company’s Employee Stock Ownership Plan (“ESOP”), subject to the terms and conditions of the ESOP.
Further, Employee shall be eligible to participate in the August Technology Corporation 2000 Employee Stock Purchase Plan, as amended from time to time, or any successor plan, subject to the terms and conditions contained therein.
Key Employee Stock Option Plan shall become 100% vested and thus immediately exercisable.