SPG Share Fund definition

SPG Share Fund means the fund under the SPG 401(k) Plan which provides for investment in SPG Common Shares.

Examples of SPG Share Fund in a sentence

  • The SPG 401(k) Plan will provide, effective as of the Effective Time: (i) for the establishment of a share fund for WPG Common Shares (the “WPG Share Fund”); and (ii) that the WPG Share Fund shall receive a transfer of and hold all WPG Common Shares distributed in connection with the Distribution in respect of SPG Common Shares held in the SPG Share Fund.

  • Each WPG Group Employee participating in the SPG 401(k) Plan will be prohibited from allocating contributions to, or transferring funds into, the SPG Share Fund and WPG Share Fund on and following the Distribution Date, and shall have a period of at least 10 business days following the Distribution Date, as determined by the administrator of the SPG 401(k) Plan (the “Transfer Period”), to transfer amounts invested in such funds to any other investment fund offered under the SPG 401(k) Plan.