ESOP Valuation Date definition

ESOP Valuation Date means any day as of which the investment experience of the trust fund of the ESOP is determined and individuals’ accounts under the ESOP are adjusted accordingly.
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ESOP Valuation Date means the ESOP Valuation Date as established by Section 1.25 of the Savings Plan.
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Examples of ESOP Valuation Date in a sentence

  • Shares of Corporation Stock that at the time of distribution are not readily tradable on an established market shall be subject to a put option which shall permit the Participant to sell such stock to the Corporation at any time during two option periods, at the fair market value of such shares (as of the most recent ESOP Valuation Date).

  • For, as Winch puts it, “[this] question is not one that can be answered in that [general] way” (1987c: 155f).

  • All distributions from the ESOP Account shall consist of shares of General Re Common Stock or cash equivalent in value to the fair market value as of the most recent ESOP Valuation Date of the Corporation Stock held in the ESOP Account.

  • The second period shall be for at least 60 days beginning on the first ESOP Valuation Date in the calendar year following the year in which the distribution was made.

  • Such total vested value shall be determined as of the appropriate ESOP Valuation Date and shall be revalued annually thereafter as of December 31 each year.

  • For the purpose of this Agreement, the "put period" shall be any time during the calendar year other than the period from (i) June 30th through the date that the Company receives the valuation ("ESOP Valuation Date") of the shares of Company stock held in the Taylxx Xxxital Group, Inc.

  • For the purpose of this Agreement, the "put period" shall be any time during the calendar year other than the period from (i) June 30th through the date that the Company receives the valuation ("ESOP Valuation Date") of the shares of Company stock held in the Taylor Capital Group, Inc.

Related to ESOP Valuation Date

  • FX Valuation Date means the FX Calculation Date immediately following the respective Valuation Date.

  • Bid Valuation Date means May 10, 2010.

  • Call Valuation Date means the first Scheduled Trading Day of the month following the expiry of 35 calendar days after the Issuer’s Call Date. For the avoidance of doubt, the 35 calendar day period is mandatory and non- waivable by either the Issuer or the Holder.

  • Interest Valuation Date means each date set out in the table below in the column entitled “Interest Valuation Dates”.

  • Final Valuation Date means the Final Valuation Date as specified in § 1 of the Product and Underlying Data. If the Final Valuation Date is not a Calculation Date the immediately following Banking Day which is a Calculation Date shall be the Final Valuation Date.

  • Quarterly Valuation Date means the last Business Day of the last month of each fiscal quarter of the Trust in each fiscal year of the Trust, commencing November 29, 2002.

  • Scheduled Valuation Date means any original date that, but for the occurrence of an event causing a Disrupted Day, would have been a Valuation Date.

  • Annual Valuation Date means the Valuation Date each calendar year so designated by the Trust, commencing in the calendar year 2003.

  • Initial Valuation Date means the Issue Date, provided that if such day is not an Exchange Business Day for a Share then the Initial Valuation Date for that Share will be the first succeeding day that is an Exchange Business Day, subject to the occurrence of a Market Disruption Event. See “DESCRIPTION OF THE NOTES – Market Disruption Event” below for further detail.

  • Coupon Valuation Date means the 30th of March, June, September and December of each calendar year during the term of the Securities, commencing September 30, 2010, or if such date is not an Index Business Day, then the first Index Business Day following such date, provided that the final Coupon Valuation Date will be the Calculation Date, subject to adjustment as provided under Section 3 hereof.

  • Valuation Date means the date of receipt by the General Partner of a Notice of Redemption or, if such date is not a Business Day, the first Business Day thereafter.

  • Merger Valuation Period for any Merger Event means the five consecutive Trading Day period immediately preceding, but excluding, the effective date for such Merger Event.

  • Valuation Time means the close of business in the city of the Valuation Agent on the Local Business Day before the Valuation Date or date of calculation, as applicable, provided that the calculations of Value and Exposure will be made as of approximately the same time on the same date.

  • Valuation Amount means, in respect of each Mortgaged Vessel, the value thereof as most recently determined under clause 8.2.2; and

  • Measurement Date has the meaning set forth in Section 3.3(a).

  • Allocation Date means, with respect to any Transfer Date, the Business Day which is immediately prior to such Transfer Date.