Employee Trust means any trust established or maintained by the Company in connection with an employee benefit plan (including the Plan) under which current and former employees of the Company constitute the principal beneficiaries.
Employee Trust means a trust, the terms of which are approved by an Investor Majority, whose beneficiaries are the Employees;]
Employee Trust means the trust to be established by the Board (with Investor Consent) to encourage or facilitate the holding of shares in the Company by bona fide Employees or by any section of such Employees, the trustees of which shall be such persons as the Board (including the Investor Director) shall agree.
Examples of Employee Trust in a sentence
The in-lieu of pay shall not be considered salary or wages for retirement except as may be required according to the rules of the Department of Employee Trust Funds.
More Definitions of Employee Trust
Employee Trust means any employee benefit trust established for the benefit of most or all of the employees or former employees of the Company or its Subsidiaries or certain of their relatives.
Employee Trust means the Provident Financial Employee Benefit Trust orany other trust from time to time designated by the Committee;
Employee Trust means a trust within the meaning of Section 86 of the Inheritance Tax Act 1984;
Employee Trust means any trust, approved by the Board, which is established for the benefit of the employees of the Company or any Group Company and/or any of the persons referred to in section 1166 of the Act;
Employee Trust means the Employee Trust approved pursuant to paragraph 26 of the Initial Order and governed by the Employee Trust Agreement;
Employee Trust means a settlement of property to which section 86 of the Inheritance Tax Act 1984 applies or would apply but for subsection (3) of that section;
Employee Trust means Xxxxx Power Employee Investment Trust or its successors.