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Keywords:employee stock ownership plan
Last Date:2008-02-21

Question: Employee Stock ownership plan?

I worked for this company so many year and company distributed ESOP every year and I am already 100% invest ESOP. My question is if I get fire from this job is this money belong to me or the company take it back.
Please advice/Thank you


Answer:

Whatever you are invested in is yours.

Try getting some English lessons. It will be very helpful on your next job.

Vesting refers to the percentage that you own. If you are 100 percent vested then you own it all.

many acompanies need you to cash out b4 you leave. Some give you a time span to sell off all holding. if you need continuing Stock strategies and education try this site http://www.101stockinvestments.com

Here are your best answer http://www.cnzzba.com

If you are "fully vested"...it's yours. If you're not...it depends on the amount you are "vested". That money / stock is yours.

Check w/ your companies investor relations or human resources dept...but it sounds like it's yours to keep!

Good luck!

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