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What are the vesting rules for the new ESOP? Do I receive credit for past service?

April 26, 2017credit ESOP past rules service vesting

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What are the vesting rules for the new ESOP? Do I receive credit for past service?

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Participants will vest in 20 percent increments each year beginning on the second anniversary of your employment with Tribune and ending after the sixth. You will receive credit for past service. Therefore, if you have six or more years of service with Tribune, you will be 100 percent vested in your ESOP allocations.