ESOP Contributions definition

ESOP Contributions means, with respect to any period, the aggregate amount of all contributions made by NWS to the ESOP with respect to such period.

Examples of ESOP Contributions in a sentence

Qualified Nonelective ESOP Contributions made by an Employer shall be allocated to the Qualified Nonelective ESOP Account of its employees who are both Participants and Non-Highly Compensated Employees.
ESOP Contributions for a Plan Year shall be allocated among active Participants for the Plan Year.
Subject to the limitations of Article VIII, ESOP Contributions for a Plan Year made in accordance with section 5.3 and Financed Shares and other property that are released from the Loan Repayment Account for a Plan Year in accordance with section 6.4 shall be allocated among the Eligible Participants for such Plan Year, in the manner provided in this Article VII.
However, such forfeited Company Contributions and ESOP Contributions will be restored to the Participant's Account should the Participant exercise restoration rights as defined in Section 7 of Article XI.
Upon forfeiture of a portion of the Company Contributions or ESOP Contributions, the Trustee shall sell such amount of the securities allocated to the Participant's Account as may be necessary to effect the forfeiture.

ESOP Contributions means contributions by an Employer pursuant to an employee stock ownership plan as described in section 4975(e) (7) of the Internal Revenue Code.

ESOP Contributions means the Company contributions to the Plan used to pay principal and interest on the ESOP Loan and shall include Matching Contributions so used.

ESOP Contributions means any contribution by the Company to the Plan pursuant to Section 2.5 or Section 2.9 of the Plan.

ESOP Contributions means contributions made by the Company pursuant to Section 3.1(a)(i) (ESOP Contributions).

ESOP Contributions means, for any period, the cash contributions made by Hobbico to the ESOP.