Examples of Participating Employees in a sentence
The Participating Employees should address any particular questions to a specialized advisor.
BCI may terminate this Plan if the percentage of Eligible Employees as Participating Employees or the percentage of the employer contribution drops below the required level.
Such shares may be newly issued shares that have been authorized but not yet issued or may be shares purchased for Participating Employees on the open market.
Qualified Matching Contributions may be either (i) additional amounts contributed to the Plan by the Employer and allocated to the Accounts of Participating Employees who are not Highly Compensated Employees based on such Employees' Elective Deferrals or (ii) Matching Contributions otherwise made to the Plan pursuant to Section 5.3(a) hereof which the Employer designates as Qualified Matching Contributions.
Participating Employees may, to the extent permitted by the Plan Service Provider, establish ESPP Accounts as joint accounts with rights therein as prescribed under applicable state law.