IPO Contribution definition

IPO Contribution has the meaning set forth in the Recitals of this Agreement.
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IPO Contribution means the initial ___ shares of Stock contributed to the Plan at the time of or promptly following the date of the consummation of the Initial Public Offering.
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IPO Contribution means the initial 12,555,866 shares of Stock contributed to the Plan on the date of the consummation of the initial public offering of GS Inc.'s Stock.
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Examples of IPO Contribution in a sentence

  • The Committee shall in its sole discretion designate the number of shares of Stock allocable to the Stock Account of each Participant with respect to the IPO Contribution.

  • Except as otherwise provided in this Article V, a Participant shall vest on each IPO Distribution Date in one-third of his or her Stock Account attributable to the IPO Contribution (subject to rounding in the discretion of the Committee to avoid the vesting of fractional shares of Stock).

  • With respect to each contribution other than the IPO Contribution, the Committee shall designate the number of shares of Stock (or the amount of cash) allocable to the Stock Account of each Participant on a formulaic basis as determined by the Committee in its sole discretion.

  • In the event that Stock in a Participant's Stock Account attributable to the IPO Contribution is forfeited by reason of this Section 5.3, such forfeited Stock shall be reallocated to other Participants' Stock Accounts in accordance with Section 4.2, and the Committee shall specify the terms and conditions (including timing) under which each such Participant shall vest in such reallocated amounts.

  • With respect to each Plan contribution (other than the IPO Contribution), the Committee shall specify the terms and conditions (including timing) under which a Participant shall vest in any or all of his or her Account attributable to such contributions (or forfeitures of such contributions reallocated to such Participant).

  • Except as provided in the next sentence, in the event of a Change in Control, provided that a Participant's Stock Account has not previously been forfeited, such Participant shall be 100% vested in the portion of his or her Stock Account attributable to the IPO Contribution upon such Change in Control.

  • Notwithstanding any other provision of this Plan , provided that a Participant's Stock Account has not previously been forfeited, such Participant shall be 100% vested in the portion of his or her Stock Account attributable to the IPO Contribution upon the death of such Participant.

  • On the Effective Date, the Company shall establish the Trust and irrevocably contribute the IPO Contribution to the Trust.

  • Notwithstanding any other provision of this Plan, provided that a Participant's Stock Account has not previously been forfeited, such Participant shall be 100% vested in the portion of his or her Stock Account attributable to the IPO Contribution upon (i) the death of such Participant or (ii) such Participant's Qualified Termination.

  • With respect to each Plan contribution (other than the IPO Contribution), the Committee shall specify the terms and conditions (including timing) under which a Participant shall vest in any or all of his or her -7- 8 Account attributable to such contributions (or forfeitures of such contributions reallocated to such Participant).

Related to IPO Contribution

  • In-kind contribution means a contribution of goods or services received by a candidate committee, joint candidates committee, political committee, continuing political committee, political party committee, or legislative leadership committee, which contribution is paid for by a person or entity other than the recipient committee, but does not include services provided without compensation by an individual volunteering a part of or all of his or her time on behalf of a candidate or committee.

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Contribution Date has the meaning set forth in Section 4.3 hereof.

  • Cash Contribution refers to a direct payment of Contribution in Canadian currency.

  • Member contribution means a contribution under regulation 32;

  • State contribution means the lesser of:

  • Elective Contribution means the Employer contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess “annual additions” pursuant to Section 4.11(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.7(b) which is used to satisfy the “Actual Deferral Percentage” tests shall be considered an Elective Contribution for purposes of the Plan. Any contributions deemed to be Elective Contributions (whether or not used to satisfy the “Actual Deferral Percentage” tests or the “Actual Contribution Percentage” tests) shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the nondiscrimination requirements of Regulation 1.401(k)-1(b)(5) and Regulation 1.401(m)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • Qualifying contribution means, with respect to a

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1.

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • In-kind contributions means services and goods as approved by the department that are provided by a grant recipient toward completion of a department-approved local snowmobile program under section 82107.

  • Annual Contribution means the annual payment to the Fund made by each Member in return for Coverage by the Fund for a Fund Year;

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • Charitable contribution means any donation or gift of money or any other thing of value.

  • Contribution Period means the period specified in Article VI for which Employer Contributions shall be made.

  • Initial Capital Contribution has the meaning set forth in Section 4.1.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2 and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.

  • Campaign Contribution means a gift, subscription, loan, advance or deposit of money or other thing of value, including the estimated value of an in-kind contribution, that is made to or received by an applicable public official or any person authorized to raise, collect or expend contributions on that official’s behalf for the purpose of electing the official to either statewide or local office. “Campaign Contribution” includes the payment of a debt incurred in an election campaign, but does not include the value of services provided without compensation or unreimbursed travel or other personal expenses of individuals who volunteer a portion or all of their time on behalf of a candidate or political committee, nor does it include the administrative or solicitation expenses of a political committee that are paid by an organization that sponsors the committee.

  • Cash contributions means the re- cipient’s cash outlay, including the outlay of money contributed to the re- cipient by third parties.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Qualified Non-Elective Contribution means any Employer contributions made pursuant to Section 4.1(c) and Section 4.6(b) and Section 4.8(f). Such contributions shall be considered an Elective Contribution for the purposes of the Plan and may be used to satisfy the "Actual Deferral Percentage" tests or the "Actual Contribution Percentage" tests.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Member contributions means all amounts paid to ASRS by a member.

  • Nonelective Contribution means an amount contributed by a participating