KSOP has the meaning set forth in Section 6.1(n).
KSOP means the Krispy Kreme Profit-Sharing Stock Ownership Plan, as it may be amended from time to time.
KSOP means Signature’s Employee Stock Ownership Plan and Trust effective April 1, 2015, as amended through the date hereof.
Examples of KSOP in a sentence
KSOP management determines the valuation policies utilizing information provided by the Trustee.
Although it has not expressed any intent to do so, the Company has the right under the KSOP to discontinue its contributions at any time and to terminate the KSOP subject to the provisions of ERISA.
This has resulted in a pressure of (+£104,000) on In-House Fostering costs in 2013/14 which will continue in 2014/15.
In one company the initial purchase of company stock at the founding of the KSOP was financed by a rollover from employees’ existing 401(k) accounts.
A KSOP is a combination ESOP and 401(k) plan in which employees’ 401(k) contributions are matched by employer contributions of company stock to their ESOP accounts.
More Definitions of KSOP
KSOP means Signature’s Employee Stock Ownership Plan and Trust effective April 1, 2015, as amended through the date hereof. “KSOP Shares” means the shares of Common Stock beneficially owned by a Shareholder indirectly through the KSOP. “Shares” means (i) all shares of Common Stock of which a Shareholder is the beneficial owner or the record owner, as of the date hereof (other than the KSOP Shares), and (ii) all additional shares of Common Stock of which a Shareholder becomes the beneficial owner or record owner during the period commencing with the execution and delivery of this Agreement and expiring on the Expiration Date (other than shares acquired for an account or subaccount maintained for such Shareholder under the KSOP). “Transfer” means, with respect to any security, the direct or indirect assignment, sale, transfer, tender, pledge, hypothecation, or the grant, creation or sufferage of an Encumbrance in or upon, or the gift, placement in trust, or the Constructive Sale or other disposition of such security (including transfers by testamentary or intestate succession or otherwise by operation of Law) or any right, title or interest therein (including, but not limited to, any right or power to vote to which the holder thereof may be entitled, whether such right or power is granted by proxy or otherwise), or the record or beneficial ownership thereof, the offer to make such a sale, transfer, Constructive Sale or other disposition, and each agreement, arrangement or understanding, whether or not in writing, to effect any of the foregoing. 2.
KSOP means the Venture Financial Group, Inc. KSOP, previously known as the Venture Financial Group, Inc. KSOP (Employee Stock Purchase Plan with 401(k) Provisions).
KSOP has the meaning set forth in Section 5.15(d).
KSOP means the Happy Bancshares, Inc. Employee Stock Ownership Plan with 401(k) Provisions and the Happy Bancshares, Inc. Employee Stock Ownership/401(k) Trust.
KSOP means the Valley Resources, Inc. 401(k) Employee Stock Ownership Plan effective January 1, 1997 as defined by the KSOP Plan.
KSOP means this employee stock ownership feature of the Plan, which is intended to satisfy Section 4975(e)(7) of the Code and applicable regulations.
KSOP means the Appleton Paper Retirement Savings and Employee Stock Ownership Plan, as amended from time to time.