XSOP definition
XSOP means the Safety Insurance Supplemental Executive Stock Ownership Plan dated June 30, 1995.
Examples of XSOP in a sentence
Effective as of the Closing Date, the XSOP shall be terminated and each participant thereunder at that time or then beneficiary of a deceased participant shall receive as soon as administratively feasible a cash payment equal to the value, determined as of the day before the termination occurs, of the participant's benefits under the XSOP.