ESOP Definition Example

This example ESOP definition appears in 3 contracts from 1 company

ESOP. Means a Tax-Qualified Employee Stock Benefit Plan adopted by the Company and the Association in connection with the Conversion, the purpose of which shall be to acquire capital stock of the Company, including Conversion Stock.
Magnolia Bancorp, Inc. Contracts

Plan of Conversion of Mutual Savings and Loan Association (Filed With SEC on August 27, 2024)

Amended and Restated Plan of Conversion of Mutual Savings and Loan Association (Filed With SEC on October 9, 2024)

Amended and Restated Plan of Conversion of Mutual Savings and Loan Association (Filed With SEC on October 25, 2024)

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