Common use of Account for Employee Clause in Contracts

Account for Employee. The Company shall maintain a bookkeeping account for Employee (the “Account”) reflecting the number of Performance-Based Restricted Stock Units then credited to Employee hereunder as a result of such grant of Performance-Based Restricted Stock Units and any crediting of additional Performance-Based Restricted Stock Units to Employee pursuant to dividends paid on shares of Stock under Section 5 hereof (“Dividend Equivalents”).

Appears in 8 contracts

Samples: Restricted Stock Units Agreement (New Jersey Resources Corp), Restricted Stock Units Agreement (New Jersey Resources Corp), Restricted Stock Units Agreement (New Jersey Resources Corp)

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Account for Employee. The Company shall maintain a bookkeeping account for Employee (the “Account”) reflecting the number of Performance-Based Restricted Stock Units then credited to Employee hereunder as a the result of such grant of Performance-Based Restricted Stock Units and any crediting of additional Performance-Based Restricted Stock Units to Employee pursuant to dividends paid on shares of Stock under Section 5 4 hereof (“Dividend Equivalents”).

Appears in 7 contracts

Samples: Restricted Stock Units Agreement (New Jersey Resources Corp), Restricted Stock Units Agreement (New Jersey Resources Corp), Restricted Stock Units Agreement (New Jersey Resources Corp)

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Account for Employee. The Company shall maintain a bookkeeping account for Employee (the “Account”) reflecting the number of Performance-Based Restricted Stock Units Performance Shares then credited to Employee hereunder as a result of such grant of Performance-Based Restricted Stock Units Performance Shares and any crediting of additional Performance-Based Restricted Stock Units Performance Shares to Employee pursuant to dividends paid on shares of Stock under Section 5 hereof (“Dividend Equivalents”).

Appears in 3 contracts

Samples: Performance Shares Agreement (New Jersey Resources Corp), Performance Shares Agreement (New Jersey Resources Corp), New Jersey Resources Corporation (New Jersey Resources Corp)

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