Incentive Account definition

Incentive Account means the account credited with the number of Incentive Units equal to the number of ‘shares of restricted stock or performance stock awarded to a Participant under an Incentive Plan and deferred by such Participant hereunder.
Incentive Account means the bookkeeping account described in Section 6.1(f).
Incentive Account means the notional account maintained for each Participant to whom Awards have been granted and credited as provided in Section 2.3 of this Plan.

Examples of Incentive Account in a sentence

  • The Incentive Account shall be funded with any Economic Incentives (which shall be treated in accordance with Section 14.4) received by the Company in cash.

  • Notwithstanding anything to the contrary herein, in no event shall any funds in the Incentive Account constitute Distributable Cash or Extraordinary Receipts or, to the extent permitted by Applicable Law, be otherwise available to satisfy Company obligations unless otherwise agreed to by Intel Member.

  • At all times, the Company shall maintain a segregated account (the “Extraordinary Receipts Account”), separate from the Operating Account and the Incentive Account.


More Definitions of Incentive Account

Incentive Account. When an employee reaches a maximum of 70 sick leave days in their account, any sick days that are earned and not used above the maximum of 70 days, the district will recognize those unused days in this manner: Fifty percent (50%) of any days not used in a given school year will be put into an incentive account which will be payable to the individual upon leaving employment from the school district at their current hourly rate at that time of employment. The days accrued will be converted to hours each year so when the employee leaves district employment, that number of hours will be paid at their currently hourly rate directly into the employee’s MSRS Post- Retirement Health Care Savings Plan account. The School District’s contribution(s) into the employee’s MSRS account will be made within 60 calendar days after the employee’s effective date of termination of employment.
Incentive Account means the account credited with (1) the number of Incentive Units equal to the number of shares of restricted stock or performance stock awarded to a Participant under an Incentive Plan and deferred by such Participant hereunder and (2) the Dividend Equivalent Units on such Incentive Units as determined under Section 4.3.
Incentive Account means an account established and maintained by the President pursuant to Plan Section 4.2 to record a portion of the revenue attributable to a particular group of Incentive Interests under the Plan.
Incentive Account is defined in Section 4.1(d).
Incentive Account is defined in Section 2.1(b).