EBP Trust definition

EBP Trust means the CE Franklin Employee Benefit Plan Trust established pursuant to the EBP Trust Agreement;
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EBP Trust means the CE Franklin Ltd. Employee Benefit Plan Trust established pursuant to the EBP Trust Agreement;
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EBP Trust means a multi-employer employee benefit plan trust of Loblaw established for the purpose of acquiring shares to settle awards under the PSU Plan or the RSU Plan.
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Examples of EBP Trust in a sentence

  • The sole purpose and activity of the EBP Trust is to receive cash contributions from CE Franklin, and to purchase and hold CE Franklin Shares for purposes of delivering such CE Franklin Shares to participants under the CE Franklin Unit Plan and the CE Franklin DSU Plan.

  • To the knowledge of CE Franklin, the EBP Trust (i) has no liabilities or obligations of any kind that are material to the EBP Trust, and (ii) has no assets that are material to the EBP Trust other than CE Franklin Shares.

  • The EBP Trust Agreement prohibits the CE Franklin Shares held by the EBP Trust from being voted at any meeting of CE Franklin Shareholders.

  • As at the date of the Agreement, the EBP Trust is the registered and beneficial owner of 566,277 CE Franklin Shares which CE Franklin Shares are held pursuant to the terms of the EBP Trust Agreement.

  • The EBP Trust is a trust established under the laws of the Province of Alberta and is governed by the EBP Trust Agreement and such EBP Trust Agreement is a legal, valid and binding obligation of CE Franklin.