Examples of ESOP Participants in a sentence
Pursuant to the agreements, the relevant ESOP Participants are not allowed to transfer or in any way dispose of the shares for a period of 36 months after the [REDACTED] on the Stock Exchange.
The Management Committee shall be responsible for the daily management of the 2022 ESOP and exercise shareholders’ rights on behalf of the 2022 ESOP Participants or authorize the Asset Management Institution to exercise shareholders’ rights.
As of such date, the purpose of the ESOP is to permit the current dividends paid on Stock held in the ESOP to be passed through directly to ESOP Participants.
On 28th January 2014, in view of the proposed New ESOP and the proposed pre-IPO Incentive Scheme, each of the ESOP Participants executed a cancellation letter consenting to the absolute cancellation of the Existing ESOP.
Item 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: Subject to the terms and conditions of the ESOP Trust and the related plan, ESOP Participants are entitled to receive certain distributions or assets held by the Trust.
In the event the terms of the ESOP are changed governing the manner in which the dividends are paid or distributed to ESOP Participants or beneficiaries, such individuals shall be given a reasonable opportunity to make an election under the new terms prior to the date on which the first dividend subject to the new plan terms is paid.
All other provisions of this Plan, as modified by the provisions of this Appendix I(B), shall apply to the ESOP Participants.
The ESOP is intended to give ESOP Participants an equity interest in CEI and encourage ESOP Participants to remain in the employ of CEI.
Such sales may be on such terms as to price, delivery and otherwise as the Trustee may determine to be in the best interests of the ESOP Participants.
Thus, it is clear that Meeker and Tolander plan to remove Plaintiff because she questioned the improper financial transactions that are harming the ESOP Participants.