Shareholder Attribution Rules. Shareholder attribution rules means the rules of section 318 of the Code, (except that subparagraph (C) of section 318(a)(2) of the Code shall be applied by substituting "5 percent" for "50 percent") or, if the Employer is not a corporation, the rules determining ownership in such Employer which shall be set forth in regulations prescribed by the Secretary of the Treasury.
Appears in 2 contracts
Samples: Employee Stock Ownership Plan Trust Agreement (Entegris Inc), Trust Agreement (Entegris Inc)
Shareholder Attribution Rules. Shareholder attribution rules means the rules of section 318 of the CodeCode § 318, (except that subparagraph (C) of section Code § 318(a)(2) of the Code shall be applied by substituting "“5 percent" ” for "“50 percent"”) or, if the Employer is not a corporation, the rules determining ownership in such Employer which shall be set forth in regulations prescribed by the Secretary of the Treasury.
Appears in 1 contract
Samples: Piper Jaffray Companies
Shareholder Attribution Rules. Shareholder attribution rules means the rules of section 318 of the Code, (except that subparagraph (C) of section 318(a)(2) of the Code shall be applied by substituting "“5 percent" ” for "“50 percent"”) or, if the Employer is not a corporation, the rules determining ownership in such Employer which shall be set forth in regulations prescribed by the Secretary of the Treasury.
Appears in 1 contract
Samples: People’s Utah Bancorp Employee Stock Ownership Plan Trust Agreement (People's Utah Bancorp)
