employee trust

If an employee trust is being set up, the trustees also need advice.

Putting shares into an employee trust can have tax advantages if the deal is structured in the right way.

Or some shares could be owned directly by individual employees, while an employee trust owns and keeps the rest.

Penney will borrow $700 million from insurers and give the money to an employee trust.

The employee trust must be part of a plan sponsored by the employer company and...

This is the purpose of an employee trust.

Employee trusts have increased in popularity over the past decade or so as a method of providing incentives for employees.

Alternatively, the shares in the company could initially be bought by an employee trust which later distributes them.

Many employee trusts will not be caught.

The company is an employee trust co-operative.

If shares are owned by an employee trust, the trust must have trustees - some of whom are likely to be employees.

This is likely to make your staff feel valued, as well as gaining employee trust, commitment and buy-in when implementing changes.

Under its disinvestment program, Ford will donate 24 percent of the outstanding stock in Samcor to an employee trust.

The resulting entity, which became the Journal Company, set up an internal marketplace in which employees could buy and sell shares of the employee trust.

A qualified employee trust may:

Finally, when Penney receives the $700 million back from the employee trust, it will buy back 15 million common shares from the public.

Ford will complete its divestment in South Africa by turning over a 24 percent equity interest in its former subsidiary to an employee trust.

In 1986, I.B.M. made the difficult decision to sell its South African subsidiary to an employee trust.

Amounts you include in your income because of your employer's contributions to a nonexempt employee trust or to a nonqualified annuity contract.

The company's contribution is in Y.&R. stock so that the employee trust and the employee shareholders own the entire company and will continue to do so.

About 4,500 employees have a stake in the company's growth through a payroll deduction plan, known as an employee trust, in which Y.&R. matches the employees' investment.

"Our highest priorities must be to restore employee trust and revive investor and customer confidence," Mr. Tilton said in a written statement yesterday.

Named by Pennsylvania Panel Mr. Kelly charged that the result was a sweetheart contract for the casino and organized-crime influence in the employee trust fund.

Before the sale, Murphy and Cree deliberately gave some of their stake to their fellow directors and to an employee trust as a means of motivation.

They were prepared to extend a loan to the trustees of the envisaged employee trust fund to enable them to acquire an equal number of shares on the employees' behalf.