ESOP Trustee definition

ESOP Trustee means State Street Bank and Trust Company, the entity appointed as trustee for the ESOP Trust pursuant to the terms of the ESOP or any successor trustee.

ESOP Trustee means GREATBANC TRUST COMPANY, and its successors, permitted assigns and legal Representatives, not in its corporate capacity, but in its capacity as trustee under the ESOP Trust. [NEED ASSIGNMENT AND ASSUMPTION OF TRUSTEESHIP BETWEEN HSBC AND GREAT BANK]

ESOP Trustee means Greatbanc Trust Company, an Illinois company.

Examples of ESOP Trustee in a sentence

• The plaintiffs allege that each of the U.S. Trust Company of California (the ESOP Trustee) and the MidCon ESOP Administrative Committee breached its fiduciary duty to the plaintiffs by failing to properly value the securities held by the ESOP, and allege that Occidental actively participated in such conduct.

• The price for the subsequent ESOP Tranches will be as agreed between the Company and the ESOP Trustee at the time of each sale.

• In the event such participant does not provide such direction to the ESOP Trustee, the ESOP Trustee may vote such participant’s shares as determined by the ESOP Trustee in its discretion.

• Each participant (or such participant’s beneficiary) in the ESOP is entitled to direct the ESOP Trustee as to how to vote the shares allocated to such participant’s ESOP account.

• The agreement with the ESOP Trustee provides that the number of shares of Class 1 ESOP Preferred Stock sold at the Effective Time shall be no more than 2,088,965 and no fewer than 1,709,153.

More Definitions of ESOP Trustee

ESOP Trustee means Newport Trust Company and its successor in interest, Newport Trust Company, a New Hampshire chartered trust company.

ESOP Trustee means the trustee of the ESOT. As of the Closing Date, the ESOT Trustee is State Street Bank and Trust Company. The ESOP Trustee may change after the Closing.

ESOP Trustee means Xxxxx Xxxxxxxx, as trustee under the ESOP.

ESOP Trustee means the independent ESOP trustee of the ESOP.

ESOP Trustee shall have the meaning set forth in Section 7.10(g).

ESOP Trustee means First Commercial Trust Company (Little Rock, Arkansas), the trustee of the ESOP Trust;

ESOP Trustee means Alerus Financial, N.A., solely in its capacity as trustee of the ESOP Trust.