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.
Matching Contributions, (b) After-Tax Contributions, (c) Qualified Nonelective ESOP Contributions, and (d) Tax Deferred Contributions recharacterized as After-Tax Contributions, made on behalf of the Participant for the Plan Year to the Participant’s Testing Compensation for the Plan Year.
Qualified Nonelective ESOP Contributions made by an Employer shall be allocated to the Qualified Nonelective ESOP Account of its employees who are both Participants andNon-Highly Compensated Employees.
Qualified Nonelective Non- ESOP Contributions made by an Employer shall be allocated to the Qualified Nonelective Non-ESOP Account of its employees who are both Participants and Non-Highly Compensated Employees.
There are no other material transactions subsequent to the financial year ended 30 September 2021, which require adjustment to the pro forma financial information.2. The Proposed BEE Transaction (as contemplated in the transaction steps described in paragraphs 4.2.1 to 4.2.7 of this Circular) entails, (i) the Restructure of the Original BEE Transaction; (ii) the Specific Issue of Reunert Shares; (iii) the Financial Assistance; and (iv) the ESOP Contributions.