Employee Trust definition

Employee Trust means any trust established or maintained by the Company in connection with an employee benefit plan (including the Plan) under which current and former employees of the Company constitute the principal beneficiaries.
Employee Trust means a trust, the terms of which are approved by an Investor Majority, whose beneficiaries are the Employees;]
Employee Trust means the trust to be established by the Board (with Investor Consent) to encourage or facilitate the holding of shares in the Company by bona fide Employees or by any section of such Employees, the trustees of which shall be such persons as the Board (including the Investor Director) shall agree.

Examples of Employee Trust in a sentence

  • The retirement system is administered by the Wisconsin Department of Employee Trust Funds (ETF).

  • The Employee Trust Funds Board may periodically adjust annuity payments from the retirement system based on annual investment performance in accordance with s.

  • The Wisconsin Department of Employee Trust Funds (ETF) and the Group Insurance Board have statutory authority for program administration and oversight.

  • Further, this certificate shall designate the State of Wisconsin Department of Employee Trust Funds and its affiliated boards as additional insured parties.

  • As a beneficiary of the trust, he is deemed to be interested in all the equity interest that Sunny Employee Trust owns under the SFO.


More Definitions of Employee Trust

Employee Trust means the Provident Financial Employee Benefit Trust or any other trust from time to time designated by the Committee;
Employee Trust means any employee benefit trust established for the benefit of most or all of the employees or former employees of the Company or its Affiliates or certain of their relatives.
Employee Trust means a trust, the terms of which are approved by the Board, whose beneficiaries are the bona fide employees of the Group;
Employee Trust means a settlement of property to which section 86 of the Inheritance Tax Act 1984 applies or would apply but for subsection (3) of that section;
Employee Trust means the Employee Trust approved pursuant to paragraph 26 of the Initial Order and governed by the Employee Trust Agreement;
Employee Trust means the Management Consulting Group Plc Employee Benefit Trust established by the Company for the benefit of Employees or former Employees of the Group, or such other employee benefit trust as the board may designate from time to time;
Employee Trust means a trust within the meaning of Section 86 of the Inheritance Tax Act 1984;