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 means an agreement in the a form acceptable to the Plan Administrator, creating an ESOP Trust pursuant to which the Common Shares issued to an Optionee after the exercise of their Options are deposited with an ESOP Trustee in whose name the Common Shares are registered, but pursuant to which the Participant retains beneficial ownership;

Examples of ESOP Trust Agreement in a sentence

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

  • The provisions of the ESOP in all material respects in form satisfy the requirements applicable to a qualified plan under Section 401(a) of the IRC, and the provisions of the ESOP Trust Agreement in all material respects in form satisfy the requirements of an exempt trust under Section 501(a) of the IRC.

  • Employee Stock Ownership Plan (the "ESOP Plan Document") and the ESOP Trust Agreement.

  • Maintain its existence as a trust and not ------------------------ terminate or permit the ESOP Trust Agreement or the ESOP Plan to be amended or modified except for changes that are required to be made in order for the Borrower to comply with ERISA or the Code and that do not in any way affect the ESOP Plan's status as an "employee stock ownership plan" within the meaning of Sections 401(a), 501(a), and 4975(e)(7) of the Code and Sections 54.4975-7 and 54.4975-11 of the Treasury Regulations.

  • The Borrower is not in breach of any of its obligations under, or in violation of any provision of ERISA or the Code with respect to, the ESOP Trust Agreement or the ESOP Plan.


More Definitions of ESOP Trust 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. 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.
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 Employee Stock Ownership Trust of ▇▇▇▇▇▇▇▇ Industries, Inc., dated December 30, 1994 and as amended through and following the date of this Agreement;
ESOP Trust Agreement means the agreement between the Company and the ESOP Trustee under which the ESOP portion of the Plan is funded, as such agreement may be amended from time to time.
ESOP Trust Agreement means the Trust Agreement between the Borrower 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 written agreement between the Company and the ESOP Trustee which governs the management and administration of the ESOP Trust Fund.