ESOP Stock Fund definition

ESOP Stock Fund means the Investment Fund maintained for a Participant that contains the assets held in such Participant’s Plan Account that reflect such Participant’s interest in Company Stock held by the Trust attributable to Employer Base Contributions.
Sample 1

Examples of ESOP Stock Fund in a sentence

  • The employer matching contribution is deposited in the Plan annually and is initially invested in the U.S. Bancorp ESOP Stock Fund.

  • In those instances (5.6%) when the peer review process concluded that adverse events in management had occurred, individual criticisms have been directed to the treating surgeons for their reflection.

  • Financed Shares shall initially be credited to a “Loan Suspense Account” and shall be allocated to the Alliant Energy Corporation ESOP Stock Fund subaccounts of Participants as payments are made on the Acquisition Loan.

  • Among the investment options available to Plan participants are the Wells Fargo ESOP Stock Fund and Wells Fargo Non-ESOP Stock Fund (together, the “Stock Fund”),1 which both invest primarily in shares of Wells Fargo stock.

  • All contributions to the ESOP and related investment earnings are 100% vested and maintained in the ESOP Stock Fund.

  • In the first, the objective of the malicious insider is to assure the user that the server where it is about to launch its VM is using an integrity-protected hypervisor, just like the cloud would normally do.

  • Participation units in TimkenSteel Corporation ESOP Stock Fund and Timken Company Stock Fund are valued at net asset value.Purchases and sales of securities are recorded on a trade-date basis.

  • The proceeds of any such sales in connection with distributions to be made to Members shall be retained in the ESOP Stock Fund as part of the reserve of liquid funds maintained for use in connection with making distributions to Members pursuant to Article 12.

  • The ESOP Stock held in the ESOP Stock Fund was acquired pursuant to the terms of the Plan in effect prior to April 1, 1999.

  • Cash dividends that are payable on shares of Stock held in the portion of a Participant’s or Beneficiary’s Account that is invested in the ESOP Stock Fund, shall, at the election of the Participant or the Beneficiary, be paid to the Participant or Beneficiary or paid to the Plan and reinvested in Stock.

Related to ESOP Stock Fund

  • Company Stock Fund means a hypothetical investment fund pursuant to which Deferred Stock Units are credited with respect to a portion of an Award subject to an Election, and thereafter until (i) the date of distribution or (ii) the effective date of a Diversification Election, to the extent a Diversification Election applies to such Deferred Stock Units, as applicable. The portion of a Grantee’s Account deemed invested in the Company Stock Fund shall be treated as if such portion of the Account were invested in hypothetical shares of Common Stock or Special Common Stock otherwise deliverable as Shares upon the Vesting Date associated with Restricted Stock or Restricted Stock Units, and all dividends and other distributions paid with respect to Common Stock or Special Common Stock were held uninvested in cash and credited with interest at the Applicable Interest Rate as of the next succeeding December 31 (to the extent the Account continues to be deemed credited in the form of Deferred Stock Units through such December 31).

  • Stock Fund means that portion of the Trust Fund consisting of Stock.

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • Employer Stock means securities of the Employer which constitute "qualifying employer securities" with respect to the Plan within the meaning of Section 407 of ERISA.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • ESOP means a Plan that is intended to satisfy the requirements of Section 4975(e)(7) of the IRC.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Plan Account means the account established for each Participant pursuant to Section 8(a).

  • Plan Shares means shares of Common Stock held in the Trust which are awarded or issuable to a Participant pursuant to the Plan.

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Retirement fund means the "Washington law enforcement

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Company Stock Option Plans has the meaning ascribed to it in Section 2.6(c).

  • Investment Options means the investment options, as determined from time to time by the Committee, used to credit earnings, gains and losses on Account balances.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.