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unusual facts about Vesting


Vesting

The company retains a repurchase right to buy the stock back at the same price should the employee leave.


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1716 in Ireland

Confiscating the estates of James Butler, 2nd Duke of Ormonde and vesting them in the Crown, and abolishing the county palatine of Tipperary.

Bevis Marks Synagogue

In 1747 Benjamin Mendes da Costa bought the lease of the ground on which the building stood, and presented it to the congregation, vesting the deeds in the names of a committee consisting of Gabriel Lopez de Britto, David Aboab Ozorio, Moses Gomes Serra, David Franco, Joseph Jessurun Rodriguez, and Moses Mendes da Costa.

Divine Liturgy

the Liturgy of Preparation, which includes the entry and vesting prayers of the priests and deacons and the Prothesis;

Employee Retirement Income Security Act

Under the Pension Protection Act of 2006, employer contributions made after 2006 to a defined contribution plan must become vested at 100% after three years or under a 2nd-6th year gradual-vesting schedule (20% per year beginning with the second year of service, i.e. 100% after six years).

Equity-indexed annuity

An indexed annuity (the word equity previously tied to indexed annuities has been removed to help prevent the assumption of stock market vesting being present in these products) in the United States is a type of tax-deferred annuity whose credited interest is linked to an equity index — typically the S&P 500 or international index.

Merchant Shipping Act 1854

It also changed the management of lighthouses in Scotland and neighbouring islands, vesting it in Northern Lighthouses which was one of the General Lighthouse Authorities the act created.

Presentation of Benefices Act 1713

The title, from "and for vesting" to end of title, was repealed by section 1 of, and the Schedule to, the Statute Law Revision Act 1887.


see also