ESOP Participants definition

ESOP Participants means "Participant" as defined in the ESOP Trust Deed;
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ESOP Participants means those persons having an account balance under the ESOP.
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ESOP Participants means those persons having an account balance under the ESOP;
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Examples of ESOP Participants in a sentence

  • Pursuant to the agreements, the relevant ESOP Participants are not allowed to transfer or in any way dispose of the shares for a period of 36 months after the [REDACTED] on the Stock Exchange.

  • The Management Committee shall be responsible for the daily management of the 2022 ESOP and exercise shareholders’ rights on behalf of the 2022 ESOP Participants or authorize the Asset Management Institution to exercise shareholders’ rights.

  • Item 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: Subject to the terms and conditions of the ESOP Trust and the related plan, ESOP Participants are entitled to receive certain distributions or assets held by the Trust.

  • On 28th January 2014, in view of the proposed New ESOP and the proposed pre-IPO Incentive Scheme, each of the ESOP Participants executed a cancellation letter consenting to the absolute cancellation of the Existing ESOP.

  • On the other hand, Tolander has never attended an ESOP Participants meeting, and when Plaintiff and others asked Tolander to review financial transactions that benefit no one other than Meeker, Tolander, in conscious disregard for his fiduciary duties to the Participants, defended Meeker.

  • The specific terms and conditions of the ESOP for each ESOP Participant is subject to the agreements entered into between (i) Dr. Li Xingdong and (ii) the relevant ESOP Participants.

  • A Share ESOP Participants are responsible for their own profits and losses and bear their own risks, and have equal rights and interests with other investors.

  • Under the A Share ESOP, the A Share ESOP Participants shall be entitled to ‘‘unit’’, which is equivalent to each RMB1.00 used for acquisition of A Shares for the purpose of the A Share ESOP.

  • In doing so, Defendants failed to avoid or ameliorate inherent conflicts of interest which crippled their ability to discharge their fiduciary obligations solely in the interest of the ESOP Participants and beneficiaries.

  • Murphy served on the Board of Directors’ Audit Committee from 2012 through 2017 and was responsible for providing assistance to the Board of Directors in fulfilling its responsibility to the ESOP Participants relating to financial accounting and reporting practices and the quality and integrity of the PDC financial reports.


More Definitions of ESOP Participants

ESOP Participants means the participants in the ESOP as of the Petition Date.
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ESOP Participants means participants in the ESOP as defined in the ESOP.
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ESOP Participants means the Employees and members of the BOD.
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Related to ESOP Participants

  • CDS Participants means a broker, dealer, bank or other financial institution or other person for whom CDS effects book-entry transfers and pledges of Deposit Notes under the Book-Entry System.

  • L/C Participants the collective reference to all the Revolving Lenders other than the Issuing Lender.

  • Participants is defined in Section 12.2.1.

  • Eligible Participants means persons who, at a particular time, are employees, officers, consultants, or directors of the Company or its subsidiaries;

  • Program Participants means, for any CRP, the Centers (other than the Lead Center for such CRP) and any Partner receiving funding for activities under such CRP that are funded by the CGIAR Fund.

  • Section 16 Participants means Participants who are subject to the provisions of Section 16 of the Exchange Act.

  • Book Entry Participants means institutions that participate directly or indirectly in the Depository’s book entry registration system for the Warrants;

  • CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;

  • FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Qualified Participant means a Participant who has attained age 55 and who has completed at least 10 years of participation in the Plan.

  • Non-U.S. Participant means any Participant that if it were a Lender would qualify as a Non-U.S. Lender.

  • Participant Contributions means contributions made by the Participant pursuant to an executed Pay Reduction Agreement subject to the Participant Contribution limits contained in Article III.

  • Plan Account means the account established for each Participant pursuant to Section 8(a).

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Participant has the meaning specified in Section 10.06(d).

  • Former Participant means a person who has been a Participant, but who has ceased to be a Participant for any reason.

  • Book Entry Only Participants means institutions that participate directly or indirectly in the Depository’s book entry registration system for the Warrants;

  • Rights Offering Participants means those Persons who duly subscribe for Rights Offering Shares in accordance with the Rights Offering Procedures.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.

  • Eligible Employees means each employee of the Company or an Affiliate.

  • Lower Tier Participant refers any participant who has entered into a covered transaction with a First Tier Participant or other Lower Tier Participants (such as subcontractors and suppliers).

  • Majority Participants means the Holder(s) of more than 50% of the Outstanding VMTP Shares.

  • U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;

  • Designated Participant means a key Employee of the Company or any other Participating Company who is designated by the Committee in writing to participate in the Program.

  • Non-Highly Compensated Participant means any Participant who is neither a Highly Compensated Employee nor a Family Member.