Common use of Stock Unit Account Clause in Contracts

Stock Unit Account. The Company shall establish and maintain a Stock Unit bookkeeping account (the “Account”) on its records for the Employee and shall record in the Account the number of Stock Units awarded to the Employee. No shares of stock shall be issued to the Employee at the time the Stock Unit Grant is made.

Appears in 5 contracts

Samples: Grant Agreement (Investment Technology Group, Inc.), Stock Unit Grant Agreement (Investment Technology Group, Inc.), Stock Unit Grant Agreement (Investment Technology Group, Inc.)

AutoNDA by SimpleDocs

Stock Unit Account. The Company shall establish and maintain a Stock Unit bookkeeping account (the “Account”) on its records for the Employee Director and shall record in the Account the number of Stock Units awarded to the EmployeeDirector. No shares of stock shall be issued to the Employee Director at the time the Stock Unit Grant is made.

Appears in 4 contracts

Samples: Stock Unit Grant Agreement (Investment Technology Group, Inc.), Investment Technology (Investment Technology Group Inc), Stock Unit Grant Agreement (Investment Technology Group, Inc.)

Stock Unit Account. The Company shall establish and maintain a Stock Unit bookkeeping account (the “Account”) on its records for the Employee and shall record in the Account the number of Stock Units awarded to the Employee. No shares of stock Company Stock shall be issued to the Employee at the time the Stock Unit Grant is made.

Appears in 2 contracts

Samples: Stock Unit Grant Agreement (Investment Technology Group Inc), Stock Unit Grant Agreement (Investment Technology Group, Inc.)

AutoNDA by SimpleDocs

Stock Unit Account. The Company shall establish and maintain a Stock Unit bookkeeping account (the “Account”) on its records for the Employee and shall record in the Account the number of Stock Units awarded to the Employee. No shares of stock shall be issued and no cash shall be paid to the Employee at the time the Stock Unit Grant is made.

Appears in 1 contract

Samples: Stock Unit Grant Agreement (Virtu Itg Holdings LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.