Employee Trusts definition

Employee Trusts means the Irrevocable Trust FBO Xxxxx Xxxxxx Xxxxxx u/t/d March 20, 2011 and the Irrevocable Trust FBO Xxxx Xxxxxxxxx Xxxxxx u/t/d March 20, 2011.
Sample 1Sample 2Sample 3
Employee Trusts means the Trust F/B/X Xxxxxx X. Xxxx under Xxxxx X. Xxxx 2011 GRAT and Trust F/B/O Xxxxxx Xxxx under Xxxxx X. Xxxx 2011 GRAT.
Sample 1Sample 2Sample 3

Examples of Employee Trusts in a sentence

  • The SBA also administers several special purpose loan guaranty programs that address particular business needs, including the International Trade Loan Program, Export Working Capital Program, the Community Adjustment and Investment Program (CAIP), CAPLines Program, Employee Trusts Program, and Pollution Control Program.

  • The trial sample size was calculated and reported in accordance with the DELTA2 guidance [46].

  • Tax-Exempt Investors, including Employee Trusts and Individual Retirement Accounts ("IRAs"), are generally exempt from federal income taxation.

  • The schemes may, as described above, be operated in conjunction with one or more Employee Trusts.

  • During the initial stages, the NEF warehoused the shares intended to benefit Active Black Enterprises, Investor Black Enterprises, Employee Trusts, and the Education Trust which will benefit approximately 120 people.The project aims to achieve a minimum of 66% average local content.

  • C1 C B A Category (I)Shares underlying DRsNon -Promoter Non -Public PublicPromoter & Promoter Group Category of shareholder (II) - -64 | P a g e C2 Category (I) TotalShares held by Employee Trusts Category of shareholder (II)7 - Nos.

  • The shares held for the benefit of employees by the Employee Trusts will be under the control of the employees of Hulamin through their representation among the trustees.The salient terms and conditions of the Hulamin share incentive schemes are set out in Annexure 9 to this pre-listing statement.

  • Senior black management and all permanent employees up to middle management level, the large majority of whom are black, will be invited to participate in the transaction through trusts set up for this purpose (“Employee Trusts”).The Employee Trusts will subscribe for B ordinary shares in Hulamin.

  • Sasol Employees and Black Managers will also be entitled to requisition a meeting of participants.Until the end of the Empowerment Period, the Employee Trusts may not dispose of, or encumber the Sasol Ordinary Shares issued to these trusts, other than in terms of the relevant trust deeds.

  • Sasol is authorised in terms of its Articles to repurchase its own shares.Any shares and other assets remaining in the Employee Trusts after the re-allocation and distribution to new and existing Sasol employees will be distributed to the Foundation as residual vested beneficiary.

Related to Employee Trusts

  • Managing Employee means a general manager, business manager, administrator, director, or other individual who exercises operational or managerial control over, or who directly or indirectly conducts the day-to-day operation of an institution, organization, agency or business entity;

  • Large employer means, in connection with a group health plan or health insurance coverage with

  • Employee means any person, including Officers and Directors, employed by the Company or any Parent or Subsidiary of the Company. Neither service as a Director nor payment of a director’s fee by the Company will be sufficient to constitute “employment” by the Company.

  • Employee Member means a member of the “Bargaining Unit”.

  • Employer as defined in Section 3(5) of ERISA.

  • The Employer or “The Purchaser” means the "Registrar General, High Court of Madhya Pradesh, Jabalpur" and the "District Judge" of the District Courts.

  • Compensation and Benefit Plans has the meaning set forth in Section 5.03(m)(i).

  • Employer/Owner means the DAKSHIN HARYANA BIJLI VITRAN NIGAM and the legal successors in title to the Employer/Owner but not (Except with the consent of the Contractor) any assignees of the Employer/Owner.

  • county executive committee member means the county executive committee member responsible for matters relating to land;

  • Academic employee Academic employee shall mean an employee in the Professional Services Negotiating Unit with academic or qualified academic rank.

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • City Managerial Employee means the City Manager, the Assistant City Manager, the City Clerk, and any City department head or director. In the event CONTRACTOR violates the provisions of this paragraph, CONTRACTOR shall be required to pay damages to OWNER in an amount equal to any and all compensation which is received by the former Elected Officer or City Managerial Employee of OWNER from or on behalf of the contracting person or entity, or an amount equal to the former Elected Officer's or City Managerial Employee's last two (2) years of gross compensation from OWNER, whichever is greater.

  • Apprenticeship sponsor means an entity operating an apprenticeship program or an entity in whose name an apprenticeship program is being operated, which is registered with or approved by the U.S. Department of Labor, Office of Apprenticeship.

  • County Executive means the County Executive of the County.

  • Employers means the Company and/or any of its subsidiaries (now in existence or hereafter formed or acquired) that have been selected by the Board to participate in the Plan and have adopted the Plan as a sponsor.

  • Living Wage Employee means any and all employees of the Contractor and all Subcontractors of the Contractor that perform any part of the Work on a property owned by or leased to the City, including all streets, sidewalks and other public rights of way, for at least one consecutive hour, but excluding Students, volunteers and employees of Social Enterprises;

  • Gaming employee means any person

  • School-Sponsored Activity means any activity sponsored, recognized or authorized by the Board and includes activities conducted on or off school property.

  • Executive Council means the Executive Council of the University;

  • Pharmacy benefits manager means a person that performs pharmacy benefits management.

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Non-Administrator Hospital means a Hospital that does not meet the definition of an Administrator Hospital.

  • Male employee means an employed male who is caring for a child borne of his spouse or a child placed with the employee for adoption purposes.

  • Lead planning agency means one or more public entities having stormwater management planning authority designated by the regional stormwater management planning committee pursuant to N.J.A.C. 7:8-3.2, that serves as the primary representative of the committee.

  • Company Employee Agreement means each management, employment, severance, retention, transaction bonus, change in control, consulting, relocation, repatriation or expatriation agreement or other Contract between: (a) any of the Company Entities or any Company Affiliate; and (b) any Company Associate, other than any such Contract that is terminable “at will” (or following a notice period imposed by applicable Legal Requirements) without any obligation on the part of any Company Entity or any Company Affiliate to make any severance, termination, change in control or similar payment or to provide any benefit.

  • Period of Employment shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.