ESOP definition

ESOP means a Plan that is intended to satisfy the requirements of Section 4975(e)(7) of the IRC.
ESOP means an employee stock ownership plan that meets the requirements of Code Section 4975(e)(7) and Regulation 54.4975-11.

Examples of ESOP in a sentence

  • By:____________________________ Name: Title: ESOP Management and Trust Services Ltd.


More Definitions of ESOP

ESOP means an "employee stock ownership plan" within the meaning of Section 4975(e)(7) of the Code.
ESOP means the employee share option plan of the Company adopted by the shareholders resolutions of the Company on September 5, 2018 and such other arrangements, contracts, or plans as are recommended by management and approved by the Board, with the written approval of the Majority Preferred Holders (as defined in the Shareholders Agreement and Restated M&A), in accordance with the Shareholders Agreement and Restated M&A.
ESOP means Xxxxxxx Account Value Plan or any successor plan.
ESOP means an employee stock ownership plan, as defined in ERISA Section 407(d)(6) and Code Section 4975(e)(7).
ESOP means collectively, the 2014 Share Incentive Plan, the 2017 Share Option Plan and the 2017 Restricted Share Award Scheme of the Company.
ESOP means the employee benefit plan entitled “The Alion Science and Technology Corporation Employee Ownership, Savings and Investment Plan” adopted and maintained by the Borrower.
ESOP means the Appleton Papers Retirement Savings and Employee Stock Ownership Plan.