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 a trust, the terms of which are approved by the Board, whose beneficiaries are the Employees;

Examples of Employee Trust in a sentence

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

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

• The City and employee shall each pay to the Wisconsin Retirement System an amount equal to one-half of the total contribution rate approved by the Employee Trust Fund Board.

• The District will provide vision coverage comparable to the AFL-CIO Public Employee Trust Gold Star Vision Care Plan.

• Employees who are eligible to receive a retirement, disability retirement or death benefits under the Wisconsin Department of Employee Trust Fund - Wisconsin Retirement System shall be paid fifty percent (50%) of the employee's accumulated sick leave as severance pay.

More Definitions of Employee Trust

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 Subsidiaries or certain of their relatives.

Employee Trust means the Provident Financial Employee Benefit Trust or any other trust from time to time designated by the Committee;

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.

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 a trust within the meaning of Section 86 of the Inheritance Tax Act 1984;

Employee Trust means any trust, approved by the Board, which is established for the benefit of the employees of the Company or any Group Company and/or any of the persons referred to in section 1166 of the Act;

Employee Trust means the Employee Trust approved pursuant to paragraph 26 of the Initial Order and governed by the Employee Trust Agreement;