ESOP Trust Agreement definition

ESOP Trust Agreement means the Trust Agreement between the Purchaser and the ESOP Trustee dated as of July 1, 2002, together with all schedules and exhibits thereto, as the same may be supplemented, modified, amended, restated or replaced from time to time in the manner provided therein.

ESOP Trust Agreement means The Interlake Corporation Employee Stock Ownership Trust Agreement by and between the Borrower and LaSalle National Trust, N.A. (successor to LaSalle National Bank) creating, and governing the terms of, the ESOP Trust.

ESOP Trust Agreement. The instrument entered into between the -------------------- Corporation and the ESOP Trustee to provide for the investment and administration of the ESOP Fund. The ESOP Trust Agreement shall constitute a part of the Plan.

Examples of ESOP Trust Agreement in a sentence

• The ESOP Trustee is specifically authorized and empowered, pursuant to this Plan and in accordance with the terms and provisions of the ESOP Trust Agreement, to hold any amount of "qualifying employer securities" (as defined in Section 407(d)(5) of the Act) without regard to the diversification requirements of Section 404(a)(1)(C) and Section 407(a) of the Act, as permitted pursuant to Section 404(a)(2) and Section 407(b)(1) of the Act.

• The ESOP Trust Agreement shall contain such terms as the Board may deem appropriate, including, but not limited to, provisions with respect to the powers and authority of the ESOP Trustee and the authority of the Board to amend the ESOP Trust Agreement, to terminate the trust and to settle the accounts of the ESOP Trustee on behalf of all persons having an interest in the ESOP Fund.

• The Company has delivered to the ESOP Trustee complete, current and accurate copies of the ESOP plan document and the ESOP Trust Agreement.

• The Corporation and other Employers, the Advisory Committee, the Benefits Department and the ESOP Trustees shall perform the duties respectively assigned to them under the Plan, or the ESOP Trust Agreement or pursuant to the written directions of the Board, and shall not be responsible for performing duties assigned to others under the terms and provisions of the Plan or the ESOP Trust Agreement or assigned to others pursuant to the written directions of the Board.

• Except as otherwise provided herein or in the ESOP Trust Agreement, it shall be impossible for any part of the ESOP Trust Fund to be used for, or diverted to purposes other than for the exclusive benefit of Participants and their Beneficiaries, except that payment of taxes and administration expenses may be made from the ESOP Trust Fund as provided in the ESOP Trust Agreement.

More Definitions of ESOP Trust Agreement

ESOP Trust Agreement means the written agreement between the Company and the ESOP Trustee which governs the management and administration of the ESOP Trust Fund.

ESOP Trust Agreement means the Employee Stock Ownership Trust of Xxxxxxxx Industries, Inc., dated December 30, 1994 and as amended through and following the date of this Agreement;

ESOP Trust Agreement means the Hollandia Produce Group, Inc. Employee Stock Ownership Trust Agreement, dated December 21, 2015, between the Target and the Trustee.

ESOP Trust Agreement means the Trust Agreement creating the -------------------- Borrower entered into on September 23, 1993, effective as of January 1, 1993, by and between the Association and the Trustees, as amended from time to time.

ESOP Trust Agreement means the Employee Stock Ownership Trust of Halstead Industries, Inc., dated December 30, 1994 and as amended through and following the date of this Agreement;

ESOP Trust Agreement means the Buckeye Pipe Line Services Company Employee Stock Ownership Plan Trust Agreement, dated as of August 12, 1997, entered into by and between the Services Company and LaSalle National Bank, as the same may be amended, restated, supplemented or otherwise modified from time to time.

ESOP Trust Agreement means APi Group, Inc. Employee Stock Ownership Trust.