ESOP Contributions definition

ESOP Contributions means the contributions made by the Employer to the ESOP pursuant to Section 4.4.

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.

ESOP Contributions means the contributions made by an Employer on behalf of a Participant under Plan section 4.4.

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.

• 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.

• 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.

More Definitions of ESOP Contributions

ESOP Contributions means discretionary contributions made by the Company pursuant to Section 16.5.

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 cash contributions made by an Employer to enable the Trustee to repay the ESOP Loans (including both principal and interest).

ESOP Contributions means the contributions described in Article V, Paragraph B.

ESOP Contributions means contributions by a Participating Employer under Section IV, Subsection (9).

ESOP Contributions means, with respect to any Participant, an amount equal to the percentage of the employer basic contribution under the ESOP or such lesser percentage as the Plan Administrator may specify prior to the beginning of any calendar year, based on such factors as he or she shall determine) of the Participant’s Eligible Compensation.

ESOP Contributions means the contribution made by the Company for the benefit of the Participant under and in accordance with the terms of the ESOP in any Plan Year.