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Determination of ownership percentage


Guest gcrechale

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Guest gcrechale

In determining ownership, are shares owned by participants in an ESOP considered? For example, if a company stockholder owns 10% of o/s stock and then is allocated an additional 5% in the ESOP plan, is he considered to own 15%? Do voting rights have any effect on this?

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Guest gcrechale

specifically, we are concerned about ownership percentage in determining highly comp and key employees for testing purposes.

for determination of controlled group status, would the ownership in the esop be considered?

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