Tag: Requirements

ESOP – The “Down-Side”

Special Limitations and Requirements–ESOPs are subject to special limitations and requirements that may appear to present unsolvable problems, but in actuality, rarely do. The Right to Demand Distribution of Company Stock—First, ERISA provides that ESOP participants have the right to more »

Requirements of an ESOP Loan

The ESOP concept as envisioned by its early proponents Louis Kelso and Senator Russell Long was built around the “ESOP Loan.” It was through this vehicle that these visionaries sought to induce private industry to share the benefits and motivation more »