Bookkeeping Account. The Company shall record the number of Stock Units granted hereunder to a bookkeeping account for Employee (the “Stock Unit Account”). Employee’s Stock Unit Account shall be debited by the number of Stock Units, if any, forfeited in accordance with Section 4 and by the number of shares of Stock transferred to Employee in accordance with Section 5 with respect to such Stock Units. Employee’s Stock Unit Account also shall be adjusted from time to time for stock dividends, stock splits and other such transactions in accordance with Section 10.
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Samples: Baldor Electric Company (Baldor Electric Co), Baldor Electric Company (Baldor Electric Co)
Bookkeeping Account. The Company shall record the number of Stock Units granted hereunder to a bookkeeping account for Employee Executive (the “"Stock Unit Account”"). Employee’s Executive's Stock Unit Account shall be debited by the number of Stock Units, if any, forfeited in accordance with Section 4 and by the number of shares of Stock transferred to Employee Executive in accordance with Section 5 with respect to such Stock Units. Employee’s Executive's Stock Unit Account also shall be adjusted from time to time for stock dividends, stock splits and other such transactions in accordance with Section 10.
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Samples: Stock Unit Agreement (Stifel Financial Corp), Stock Unit Agreement (Stifel Financial Corp)
Bookkeeping Account. The Company shall record the number of Stock Units granted hereunder to a bookkeeping account for Employee Executive (the “"Stock Unit Account”"). Employee’s Executive's Stock Unit Account shall be debited by the number of Stock Units, if any, forfeited in accordance with Section 4 and by the number of shares of Stock transferred to Employee Executive in accordance with Section 5 with respect to such Stock Units. Employee’s Executive's Stock Unit Account also shall be adjusted from time to time for stock dividends, stock splits and other such transactions in accordance with Section 10.. -3-
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Bookkeeping Account. The Company shall record the number of Stock Units granted hereunder to a bookkeeping account for Employee the Director (the “Stock Unit Account”). EmployeeThe Director’s Stock Unit Account shall be debited by the number of Stock Units, if any, forfeited in accordance with Section 4 and by the number of shares of Stock transferred to Employee the Director in accordance with Section 5 with respect to such Stock Units. Employee’s Stock Unit Account also shall be adjusted from time to time for stock dividends, stock splits and other such transactions in accordance with Section 10.
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