Employer Stock Fund means a hypothetical investment fund consisting entirely of Shares.

Employer Stock Fund means an Investment Fund the purpose of which is to invest primarily in Shares.

Employer Stock Fund means the unitized investment fund managed by the Trustee, which holds shares of Employer Stock and cash and/or cash equivalents. The recordkeeper allocates units of the Employer Stock Fund, called Share Units, based on the Fair Market Value of the shares and the cash and cash equivalents in that Fund on the allocation date. The fact that cash and cash equivalents are held in the Employer Stock Fund causes each Share Unit to have a different value than a share of Employer Stock at any given time.

Examples of Employer Stock Fund in a sentence

If the Employer so elects in the Adoption Agreement, the Employer and/or Members may direct that contributions will be invested in Qualifying Employer Securities (within the meaning of Section 407(d)(5) of ERISA) through the Employer Stock Fund.
The Employer hereby appoints The Bank of New York to serve as Trustee for all Investment Funds under the Plan except the Employer Stock Fund.
With the exception of the Employer Stock Fund or, if applicable, the Employer Certificate of Deposit Fund, the Trustee may in its discretion invest any amounts held by it in any Investment Fund in any commingled or group trust fund described in Section 401(a) of the Code and exempt under Section 501(a) of the Code or in any common trust fund exempt under Section 584 of the Code, provided that such trust fund satisfies any requirements of the Plan applicable to such Investment Funds.
The Employer hereby appoints The Bank of New York to serve as Custodian under the Plan for the Employer Stock Fund in the event The Bank of New York does not serve as Trustee for such Fund.
All payments in respect of a Member's Account shall be made in cash from the Trust Fund and in accordance with the provisions of this Article or Article XI except that if the Adoption Agreement so provides, a Member may elect to have his Account, to the extent then invested in the Employer Stock Fund, distributed in the form of Employer Stock in accordance with the provisions of this Article or Article XI.

More Definitions of Employer Stock Fund

Employer Stock Fund means the Investment Fund consisting primarily of shares of Employer Stock and cash and/or cash equivalents.

Employer Stock Fund means that portion of the Trust Fund established ------------------- by the Trustees for the investment of Employer Stock pursuant to Section 12.6.

Employer Stock Fund means the investment fund under the Plan consisting of Employer Stock.

Employer Stock Fund means an Investment Fund invested primarily in Employer Stock.

Employer Stock Fund means an Investment Fund comprised primarily of Employer Stock.

Employer Stock Fund means, commencing on the Conversion Date, the assets consisting of Employer Stock which shall be maintained in an Investment Fund established for such purpose.