Common use of Bookkeeping Account Clause in Contracts

Bookkeeping Account. The Company will record the number of Deferred Stock Units granted to you under this Agreement to a bookkeeping account for you (the “Deferred Stock Unit Account”). Your Deferred Stock Unit Account will be reduced by the number of shares of Common Stock transferred to you in accordance with Section 3. Your Deferred Stock Unit Account also will be adjusted from time to time for any stock dividends, stock splits and other such transactions in accordance with Section 5. The Deferred Stock Unit Account represents an unsecured promise by the Company to deliver shares of Common Stock in the future. Your rights to your Deferred Stock Unit Account will be no greater than that of other general, unsecured creditor of the Company

Bookkeeping Account. The Company will record the number of Deferred Restricted Stock Units granted to you under this Agreement to a bookkeeping account for you (the “Deferred Restricted Stock Unit Account”). Your Deferred Restricted Stock Unit Account will be reduced by the number of shares of Common Stock transferred to you in accordance with Section 34. Your Deferred Restricted Stock Unit Account also will be adjusted from time to time for any stock dividends, stock splits splits, and other such transactions in accordance with Section 56. The Deferred Restricted Stock Unit Account represents an unsecured promise by of the Company to deliver shares of Common Stock in the future. Your rights to your Deferred Restricted Stock Unit Account will be no greater than that of other general, unsecured creditor creditors of the Company.