Company Stock Account Sample Clauses

Company Stock Account. The term Company Stock Account means the account to which is credited a Participant's share of Company Stock contributed to or acquired by the Plan.
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Company Stock Account. Company Stock allocable under Section 3.2 to an Eligible Participant's Company Stock Account, or Company Stock released from the Unallocated Company Stock Account during the Plan Year, will be allocated to an Eligible Participant's Company Stock Account on the annual Valuation Date in accordance with the following provisions:
Sample 1Sample 2
Company Stock Account. A Company Stock Account shall be established under each Participant's Pre-Tax Contribution Account and shall be credited with all Pre-Tax Contributions made by the Participant which are invested in Company Stock.
Sample 1
Company Stock Account. A Company Stock Account shall be established under each Participant's Employer Contribution Account and shall be credited with all Matching Contributions and Discretionary Contributions made on behalf of a Participant which are invested in Company Stock.
Sample 1
Company Stock Account. The Company Stock Account of the Pre-Tax Contribution Account of each Participant shall be increased (or decreased) by his: (1) Pre-Tax Contributions invested in Company Stock; and (2) stock (in kind) dividends on Company Stock held in the Company Stock Account of his Pre-Tax Contribution Account. Such increase shall be recorded in whole and fractional shares of Company Stock in order that such Account shall share in any appreciation in the market value of the shares of Company Stock in the Company Stock Account, or in any decreases in such market value.
Sample 1
Company Stock Account. The Company Stock Account of the Employer Contribution Account of each Participant shall be increased (or decreased) by his allocable share (determined under SUBSECTION 5.02(4) below) of: (1) Matching Contributions contributed in kind by the Employer or invested in Company Stock by the Trust; (2) Discretionary Contributions contributed in kind by the Employer or invested in Company Stock by the Trust; (3) stock (in kind) dividends on Company Stock held in the Company Stock Account of his Employer Contribution Account; and (4) Company Stock released from the Unallocated Company Stock Account. Such increase shall be recorded in whole and fractional shares of Company Stock in order that such Account shall share in any appreciation in the market value of the shares of Company Stock in the Company Stock Account, or in any decreases in such market value.
Sample 1
Company Stock Account. The Company Stock Account maintained for each Participant will be credited with his allocable share, including fractional shares, of Company Stock purchased by the ESOP portion of the Trust or contributed in kind to the ESOP portion of the Trust by the Company and with any stock dividends on Company Stock held in his Company Stock Account.
Sample 1
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Company Stock Account. The Company Stock Account maintained for each participant will be credited as of each Anniversary Date with his allocable share, including fractional shares, of Company Stock purchased and paid for by the Trust or contributed in kind to the Trust for a taxable year ending before 1996 by the Company and with any stock dividends on Company Stock held in his Company Stock Account. Company Stock which was acquired by the Trust through a financing transaction in which the Trust incurred debt obligations constituting an Exempt Acquisition Loan and which was first credited to the Unallocated Company Stock Account was allocated to the Company Stock Accounts of Participants as Company contributions in cash, and/or cash dividends on Company Stock, were applied by the Trust to the repayment of debt principal and interest. The number of such shares of Company Stock released from the Unallocated Company Stock Account and allocated to the Participants' Company Stock Accounts for any Plan Year before 1996 was determined in accordance with whichever of the following two methods was selected by the Committee:
Sample 1

Related to Company Stock Account

  • Company Stock The Certificates and stock powers, duly endorsed, transferring the Company Stock to Subsidiary and the officer and director resignations required in Section 4.6;

  • Deferral Account 3.1 Establishing and Crediting. The Company shall establish a Deferral Account on its books for the Director, and shall credit to the Deferral Account the following amounts:

  • Company Stock Plans (a) The Company shall take such action as shall be required:

  • Cash Account Except as otherwise provided in Instructions acceptable to Bank, all cash held in the Cash Account shall be deposited during the period it is credited to the Account in one or more deposit accounts at Bank or at Bank's London Branch. Any cash so deposited with Bank's London Branch shall be payable exclusively by Bank's London Branch in the applicable currency, subject to compliance with any Applicable Law, including, without limitation, any restrictions on transactions in the applicable currency imposed by the country of the applicable currency.

  • Multiple Individual Retirement Accounts In the event the depositor maintains more than one Individual Retirement Account (as defined in Section 408(a)) and elects to satisfy his or her minimum distribution requirements described in Article IV above by making a distribution from another individual retirement account in accordance with Item 6 thereof, the depositor shall be deemed to have elected to calculate the amount of his or her minimum distribution under this custodial account in the same manner as under the Individual Retirement Account from which the distribution is made.

  • Deferred Compensation Account All Participant Deferral Credits and Employer Credits shall be credited to the Deferred Compensation Account of the Participant as provided in Section 8.

  • Company Contributions (a) For employees hired, rehired or who become covered under the CWA 3176 Agreement through any means before January 1, 2016, the Company shall contribute a Company Matching Contribution equal to 25 percent of the Participant’s Contribution up to a maximum of 6 percent of eligible wage.

  • Company Stock Options (a) At the Effective Time, each outstanding stock option (each a "Company Stock Option" and, collectively, the "Company Stock Options") granted pursuant to the terms and conditions of the Company's stock option plans and arrangements (collectively, the "Company Stock Option Plans"), whether or not exercisable, shall be converted into and become rights with respect to Parent Common Stock, and the Parent shall assume the Company's obligations with respect to each Company Stock Option and the related Company Stock Option Plan, in accordance with its terms, except that from and after the Effective Time (i) Parent and its compensation committee shall be substituted for the Company and the committee of the Company's Board of Directors (including, if applicable, the entire Company Board) administering the Company Stock Option Plan, if any, under which such Company Stock Option was granted or otherwise governed, (ii) each Company Stock Option assumed by Parent may be exercised solely for shares of Parent Common Stock, (iii) the number of shares of Parent Common Stock subject to such Company Stock Option shall be equal to the number of whole shares (rounded to the nearest whole share) of Company Common Stock subject to such Company Stock Option immediately prior to the Effective Time multiplied by the Exchange Ratio, (iv) the per share exercise price under each such Company Stock Option shall be adjusted by dividing the per share exercise price under each such Company Stock Option by the Exchange Ratio and rounding to the nearest whole cent, and (v) all references in the Company Stock Option Plans and the stock option certificates and agreements to the Company (or its predecessors) shall be deemed to refer to Parent. Notwithstanding the provisions of clauses (iii) and (iv) of the first sentence of this Section 2.04(a), each Company Stock Option which is an "incentive stock option" shall be adjusted as required by Section 424 of the Code, and the regulations promulgated thereunder, so as not to constitute a modification, extension or renewal of such Company Stock Option, within the meaning of Section 424(h) of the Code.

  • Shareholder Accounts In connection with the establishment of Shareholder accounts, JHSS shall:

  • Settlement Fund All payments under this Section IV shall be made into the Settlement Fund, except that, where specified, they shall be made into the Settlement Fund Escrow. The Settlement Fund shall be allocated and used only as specified in Section V.

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