Bandit

Thanks for all the comments. And fyi, David Rigby, this is not addressed in the plan document.

Thanks justsayin - this would be a note from the Sponsor to the participant for repurchase of distributed shares.

Wondering if anyone has a sense for how common a practice it is to use promissory notes for purposes of making distributions from an ESOP. Most of what I have found suggests that this was previously a common practice but is rarely used any more. Appreciate any thoughts.