ESOP Trust definition

ESOP Trust means the Appleton Papers Inc. Employee Stock Ownership Trust.

ESOP Trust means the trust entitled “Alion Science and Technology Corporation Employee Ownership, Savings and Investment Trust” and adopted and maintained by the Company pursuant to applicable ESOP Plan Documents, as in effect as of the date hereof and as may be amended as required by a change in Applicable Law after the date hereof, and, subject to the terms of the Designation Certificate, any successor trust or other trust established in connection with the ESOP.

ESOP Trust means the Trust established under the ESOP.

Examples of ESOP Trust in a sentence

• The Company treats the ESOP trust as its extension and shares held by ESOP Trust are treated as treasury shares.

• The ESOP Trust has bought shares of the Company from the market, for giving shares to employees.

• The Company has created an Employee Stock Option Plan Trust (ESOP Trust) for providing share-based payment to its employees.

• The Company has established an ESOP Trust which either acquires Company shares on the open market, or is allotted new shares by the Company.

• In accordance with such guidance note shares allotted to the ESOP Trust pursuant to an employee share based payment plan has not been included in the outstanding shares for computation of basic EPS till the employees have exercised their right after fulfilling the vesting conditions.

More Definitions of ESOP Trust

ESOP Trust means a trust created under an employee stock ownership plan as defined in Section 407(d)(6) of ERISA which benefits employees of a member of the ERISA Group.

ESOP Trust means the Performance Holdings, Inc. Employee Stock Ownership Trust (under which the ESOP Trustee is the trustee) established pursuant to the ESOP Plan Declaration and the ESOP Trust Agreement.

ESOP Trust means that certain Tribune Employee Stock Ownership Trust, dated as of April 1, 2007, with an effective date as of February 7, 2007, by and between Tribune and GreatBanc.

ESOP Trust means the trustees for the time being of the 2015 Hulamin

ESOP Trust has the meaning set forth in Section 4.3(a).

ESOP Trust means the Tribune Employee Stock Ownership Trust, dated April 1, 2007.

ESOP Trust means the portion of the Trust Fund attributable to amounts held in the ESOP Accounts, the Suspense Subfund, and the Released and Unallocated Subfund.