ESOP Merger Effective Time definition

ESOP Merger Effective Time means April 1, 2014 at 4:00 P.M. E.T.

Examples of ESOP Merger Effective Time in a sentence

  • Notwithstanding the foregoing: (i) effective as of January 1, 2014, any Company Contribution delivered in Shares shall be invested initially in the Employer Stock Fund; and (ii) effective as of the ESOP Merger Effective Time, the initial investment of a Participant’s ESOP Merger Account transferred from the Astoria ESOP shall be invested pursuant to section 17.3.

  • Effective as of the ESOP Merger Effective Time, the Astoria ESOP is merged with and into the Plan.

  • Prior to the ESOP Merger Effective Time, an Employee (whether or not he is a Participant) may make one or more ESOP Transfer Contributions to the Plan.

Related to ESOP Merger Effective Time