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.

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

Employee Trust means a trust, the terms of which are approved by an Investor Majority, 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.
Employees who are eligible to receive a retirement, disability retirement or death benefits under the Wisconsin Department of Employee Trust Fund - Wisconsin Retirement System at the time of their separation shall be paid the employee's accumulated sick leave as severance pay up to a maximum total of nine hundred and sixty (960) hours.
Further, this certificate shall designate the State of Wisconsin Employee Trust Funds and its affiliated boards as additional insured parties.
Stats., the master contract between the insurance carrier and the Group Insurance Board, and the Rules of the Department of Employee Trust Funds.
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 trust established, with Majority Investor Consent, to enable or facilitate the holding of Securities by, or for the benefit of, all or most of the bona fide employees of any Group Company;

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

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 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;