ESOP Contribution definition

ESOP Contribution means a contribution or contributions to the Plan made on or after November 29, 2001, with respect to the Member’s Before-Tax Savings, After-Tax Savings, Roth 401(k) Savings or Catch-Up Savings, or Company Contributions made as Matching Company Contributions or Floor Company Contributions, that are made in The Hartford Stock or made in cash and immediately invested in The Hartford Stock in The Hartford Stock Fund.
ESOP Contribution means the ESOP Contribution as defined under the 401(k) Plan.
ESOP Contribution means, for any 401(k) Plan Year, the ESOP Contribution to be made on behalf of a Participant under the provisions of the 401(k) Plan in effect for such Plan Year.

Examples of ESOP Contribution in a sentence

  • Subject to the limitations described in Article V, each Employer shall make a Qualified Nonelective Non-ESOP Contribution, a Qualified Nonelective ESOP Contribution, or both in such amount, if any, as the Board shall determine.

  • Janet MahonBoard Secretary/EA to CEO[Monday to Thursday, 8.30am – 2.30pm] LAURA FERGUSSON REHABILITATION224 Great South Road, PO Box 17-045, Greenlane, Auckland 1546Tel: +64 9 524 0537 / Mob s 9(2)(a)/ Fax: +64 9 529 0123 Disclaimer and Notice:Released under the Official Information Act 1982This e-mail message is privileged and confidential.

  • Subject to the limitations described in Article V, each Employer shall make a Qualified Nonelective Non- ESOP Contribution, a Qualified Nonelective ESOP Contribution, or both in such amount, if any, as the Board shall determine.

  • Sartain relies upon Article 7 of the 2002 Plan, which states in part that “[t]he ESOP Contribution Account invested in Qualifying Employer Securities shall be payable as soon as administratively feasible following the end of the Plan Year in which the Participant terminates employment .

  • Notwithstanding the foregoing, if any Participant has so elected pursuant to the terms of the TRAESOP and/or PAYSOP or, effective November 25, 2013, regarding the Participant’s ESOP Contribution Source Account, any cash dividends received on Common Shares allocated to such Participant’s TRAESOP/PAYSOP Source Account and ESOP Contribution Source Account shall instead be paid to such Participant on a quarterly basis pursuant to the procedures under Section 404(k) of the Code.


More Definitions of ESOP Contribution

ESOP Contribution means all amounts, whether in cash or other property, including Company Stock, paid by the Company into the Trust Fund as ESOP Contributions in accordance with the provisions of Section 3.4.
ESOP Contribution has the meaning set forth in Section 6.9 below.
ESOP Contribution means a Contribution made by the Employer pursuant to the ESOP; provided that ESOP Contributions (other than allocation of forfeitures, if any) shall be suspended for Plan Years beginning on or after January 1, 2001.
ESOP Contribution in Section 2 shall be deleted;
ESOP Contribution means a contribution made pursuant to Article VI by an Employer on behalf of a Participant that is initially invested in the ESOP Company Stock Fund.
ESOP Contribution means all tax deductible payments made to the Trust for the purpose of enabling it to payoff the ESOP Loan, which are ultimately used by the Trust to make payments under the ESOP Note (and, in turn, used by the Borrower to make payments under the Note).