Partnership Share Money definition

Partnership Share Money means money deducted from a Qualifying Employee's Salary pursuant to a Partnership Share Agreement and held by the Trustees to acquire Partnership Shares or to be returned to such a person;

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Partnership Share Money means money deducted from a Participant's Salary in accordance with a Partnership Share Agreement, to be held in accordance with the Plan and used for the acquisition of Partnership Shares;

Partnership Share Money means money deducted from a Participant’s Salary under a Partnership Share Agreement;

Examples of Partnership Share Money in a sentence

Any Partnership Share Money then held on behalf of an employee shall be paid over to that employee as soon as practicable.
The Trustees shall pass on any interest arising on this invested money to the individual from whose Salary the Partnership Share Money has been deducted at least once in each calendar year.
The Trustees will transfer the relevant Partnership Share Money and/or Partnership Shares to the Participant as soon as practicable after receipt of the direction and in any event within 30 days thereof.
The Trustees shall acquire Shares on behalf of the Qualifying Employee using the Partnership Share Money.
If there is an Accumulation Period, the Trustees shall acquire Shares on behalf of the Qualifying Employee, on the Acquisition Date, using the Partnership Share Money.

More Definitions of Partnership Share Money

Partnership Share Money means amounts deducted from an Eligible Employee’s Salary under the terms of a Partnership Share Agreement;

Partnership Share Money means amounts contributed by an Eligible Employee under the terms of a Partnership Share Agreement;

Partnership Share Money money deducted from a Qualifying Employee's Salary under a Partnership Share Agreement;

Partnership Share Money money deducted from a Qualifying Employee's Salary pursuant to a Partnership Share Agreement and held by the Trustees to acquire Partnership Shares or to be returned to such a person "PAYE" pay as you earn as described in Section 684 of ITEP 2003

Partnership Share Money means, if the Directors determine that an Accumulation Period will apply, the aggregate amount of all deductions in such Accumulation Period, otherwise the deduction made from a Participant's Salary in accordance with the Partnership Share Agreement before it is used to acquire Partnership Shares on his behalf;

Partnership Share Money as defined in Rule 5.2.3;

Partnership Share Money means money deducted from a Participant's Salary in accordance with a Partnership Share Agreement, to be held in accordance with these Terms and Conditions and used for the acquisition of Partnership Shares;