ESOP Contributions definition

ESOP Contributions means, with respect to any period, the aggregate amount of all contributions made by NWS to the ESOP with respect to such period.

ESOP Contributions means the contributions made by the Employer to the ESOP pursuant to Section 4.4.

ESOP Contributions means the cash contributions made by an Employer to enable the Trustee to repay the ESOP Loans (including both principal and interest).

Examples of ESOP Contributions in a sentence

• Qualified Nonelective ESOP Contributions made by an Employer shall be allocated to the Qualified Nonelective ESOP Account of its employees who are both Participants and Non-Highly Compensated Employees.

• All ESOP Contributions and Loan Repayment Contributions to the Plan are made upon the condition that such ESOP Contributions and Loan Repayment Contributions will be allowed as a deduction in computing the net income of the Employer for federal income tax purposes.

• ESOP Contributions for a Plan Year shall be allocated among active Participants for the Plan Year.

• Excess Aggregate Contributions or ESOP Contributions shall be treated as Annual Additions under Section 5.5 of the Plan.

• Subject to the limitations of Article VIII, ESOP Contributions for a Plan Year made in accordance with section 5.3 and Financed Shares and other property that are released from the Loan Repayment Account for a Plan Year in accordance with section 6.4 shall be allocated among the Eligible Participants for such Plan Year, in the manner provided in this Article VII.

More Definitions of ESOP Contributions

ESOP Contributions means discretionary contributions made by the Company pursuant to Section 16.5.

ESOP Contributions means contributions by an Employer pursuant to an employee stock ownership plan as described in section 4975(e) (7) of the Internal Revenue Code.

ESOP Contributions means the contributions made by an Employer on behalf of a Participant under Plan section 4.4.

ESOP Contributions means, with respect to any Participant, an amount equal to the percentage of the employer basic contribution under the ESOP or such lesser percentage as the Plan Administrator may specify prior to the beginning of any calendar year, based on such factors as he or she shall determine) of the Participant’s Eligible Compensation.

ESOP Contributions means the amounts contributed by each Participating Company for allocation to Participants' ESOP Accounts as provided in Section 3.3.

ESOP Contributions are contributions made by a Participating Employer pursuant to Section 4.2.

ESOP Contributions means contributions made by the Company pursuant to Section 3.1(a)(i) (ESOP Contributions).