1.
Process by which you earn rights to your shares.
2.
Pool The "Bucket' of available distribution shares.
3.
Market Value Value of our stock at open market.
4.
Buyout On employees'behalf ESOP buys out current owners.
5.
Rules established to receive shares.
6.
Back The repurchasing of shares when participant leaves.
7.
Valuation Company's appraisal done by third party.
8.
Schedule Timeline established how/when to receive shares.
9.
Price The value of the share.
10.
Information in textbook with explanation of how ESOP works.
11.
Owner Employee with financial stake in company.