Deferred Stock. Subject to Section 409A of the Code to the extent applicable, Deferred Stock shall be subject to the terms, conditions, restrictions and limitations determined by the Committee, in its sole discretion, from time to time. A Participant who receives an Award of Deferred Stock shall be entitled to receive the number of shares of Common Stock allocable to his or her Award, as determined by the Committee in its sole discretion, from time to time, at the end of a specified deferral period determined by the Committee. Awards of Deferred Stock represent only an unfunded, unsecured promise to deliver shares in the future and do not give Participants any greater rights than those of an unsecured general creditor of the Company.
Deferred Stock. The number of shares of Deferred Stock subject to this Agreement shall be determined as of each Quarterly Grant Date and shall be equal to the ratio of (A) the aggregate value of the Director’s fees for the applicable calendar quarter to be paid in the form of Deferred Stock pursuant to Director’s election on Exhibit A attached hereto, to (B) the Fair Market Value per share of Stock as of such Quarterly Grant Date.
Deferred Stock. (a) Deferred Stock may be credited to a Key Employee either as an Award or as the result of an exercise or an Option or SAR or as payment for a Performance Unit. Deferred Stock shall be subject to a deferral period which shall mean a period commencing on the date the Award is granted and ending on such date or upon the achievement of such performance or other criteria as the Committee shall determine (the "Deferral Period"). The Committee may provide for the expiration of the Deferral Period in installments where deemed appropriate.
Deferred Stock. (vi) Other Stock-Based Awards.
Deferred Stock. Notwithstanding the forgoing provisions of this Section 4.2, in the case of Deferred Stock and any other Award that constitutes deferred compensation within the meaning of Code Section 409A, no payment or settlement of such Award shall be made pursuant to Section 4.2(b) or (c) hereof, unless the Corporate Transaction or the dissolution or liquidation of the Company, as applicable, constitutes a change in ownership or effective control of the Company or a change in ownership of a substantial portion of the assets of the Company as described in Treasury Regulation Section 1.409A- 3(i)(5).
Deferred Stock. As soon as administratively practicable after -------------- the Distribution Date, holders of Existing HMC Stock Awards of deferred shares shall have their accounts, determined as of the Distribution Date, treated as follows: (1) the Existing HMC Stock Awards of each Retained Employee and Retained Individual will be adjusted to the number of Host REIT Stock with a total value based on the HMC Stock Price equal to the Aggregate Value of the shares credited to their accounts, and (2) the Existing HMC Stock Awards of each Crestline Employee will be assumed by the Crestline Comprehensive Stock Incentive Plan and credited to accounts under such plan, as appropriate, and will be adjusted to the number of shares of Crestline Common Stock with a total value based on the Crestline Stock Price equal to the Aggregate Value of the shares credited to their accounts.
Deferred Stock. Executive has received full payment of all deferred shares of Common Stock described in Section 4.4(a) of the Prior Agreement.
Deferred Stock. The Committee is authorized to grant Deferred Stock to Participants, subject to the following terms and conditions:
Deferred Stock. Pursuant to the Prior Agreement, Executive was granted on February 19, 1999, a right to receive on the Payment Date (as defined in the last sentence of Section 4.4(b)), shares of common stock of Unicom equal to the sum of:
Deferred Stock. Within 30 days of your Resignation Date and subject to receipt of written delivery instructions in accordance with paragraph 3(c) herein, the Company shall deliver the following shares of BKF Capital Group Inc. ("BKF") stock: [X] Sixty-five thousand and forty-eight (65,048) shares of BKF stock pursuant to a Deferred Stock Award Agreement dated January 12, 2001 between you and BKF. [X] Three-thousand, three-hundred and thirty-three (3,333) shares of BKF stock pursuant to a Deferred Stock Award Agreement dated January 10, 2003 between you and BKF. [X] Three-thousand, three-hundred and thirty-four (3,334) shares of BKF stock, pursuant to a Deferred Stock Award Agreement dated January 10, 2003 between you and BKF; provided, however, that you may elect to receive in lieu of such shares, the cash value of such shares as reflected in the closing price of the stock on September 30, 2004, by giving notice in writing by the Resignation Date. [X] Four-thousand, four-hundred and thirteen (4,413) shares of BKF stock provided to you pursuant to a Deferred Stock Award Agreement dated March 12, 2003.
