Chevron Stock Fund definition

Chevron Stock Fund means the Investment Fund invested in Chevron Stock and, with respect to amounts temporarily awaiting investment in Chevron Stock, in such interest-bearing short-term debt instruments as the Trustee deems suitable. Notwithstanding the foregoing, the Chevron Stock Fund does not include any amount invested in the Chevron Leveraged ESOP Stock Fund.
Sample 1

Examples of Chevron Stock Fund in a sentence

  • Company Matching Contributions allocated to a Member’s Company Matching Contribution Non-Leveraged ESOP Account shall be initially invested in the Chevron Stock Fund.

  • The foregoing notwithstanding, in the event of a Change in Control in which the Corporation and any successor corporation ceases to be a publicly held corporation, the Chevron Stock Fund shall be converted to a dollar value determined with reference to the consideration received by holders of a share of common stock of the Corporation in the transaction constituting the Change in Control and thereafter such amounts shall be credited to the Balanced Fund.

  • The ESOP portion of the Plan consists of the Chevron Stock Fund and the Chevron Leveraged ESOP Stock Fund.

  • The Participant's Account shall be distributed in cash at the time determined in Section 6; provided, however, that amounts attributable to the portion of the Participant's Account which the Participant had elected to have valued with reference to the Chevron Stock Fund shall be distributed in shares of Common Stock.

  • The plan allows participants to defer receipt of earned salary and awards under certain Corporation benefit plans and to invest such deferred amounts in a range of deemed investment alternatives, including, but not limited to, investment in notional units valued with reference to a Chevron Stock Fund.

  • All such contributions that are allocated to Members’ Accounts shall be invested as provided under the terms of the Trust Agreement and written procedures established by the Corporation, which shall include provision for the separation of assets into separate Investment Funds, including the Chevron Stock Fund, the Chevron Leveraged ESOP Stock Fund and at least three other investment options which meet the requirements of section 401(a)(28)(B)(ii)(II) of the Code.

  • In principle, there is no legitimate reason why the Commission, in carrying out its statutory functions, cannot conduct interviews in order to evaluate the merits of the candidates and their suitability for the position.

  • Notwithstanding the preceding, with respect to dividends paid in connection with the Chevron Stock Fund and the Chevron Leveraged ESOP Stock Fund, Members may, in accordance with such procedures as the Corporation may adopt, elect to have such dividends paid directly to such Member.

  • A participant s deferral account is distributed in cash, except that amounts valued with reference to the Chevron Stock Fund will be distributed in stock.

  • Any excess remaining after the application of the preceding sentence shall be immediately allocated to Members’ Leveraged ESOP Accounts in the same manner as other earnings in the Chevron Stock Fund are allocated to Members.

Related to Chevron Stock Fund

  • Company Stock Fund means a hypothetical investment fund pursuant to which Deferred Stock Units are credited with respect to a portion of an Award subject to an Election, and thereafter until (i) the date of distribution or (ii) the effective date of a Diversification Election, to the extent a Diversification Election applies to such Deferred Stock Units, as applicable. The portion of a Grantee’s Account deemed invested in the Company Stock Fund shall be treated as if such portion of the Account were invested in hypothetical shares of Common Stock or Special Common Stock otherwise deliverable as Shares upon the Vesting Date associated with Restricted Stock or Restricted Stock Units, and all dividends and other distributions paid with respect to Common Stock or Special Common Stock were held uninvested in cash and credited with interest at the Applicable Interest Rate as of the next succeeding December 31 (to the extent the Account continues to be deemed credited in the form of Deferred Stock Units through such December 31).

  • Stock Fund means that portion of the Trust Fund consisting of Stock.

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.

  • Plan Shares means shares of Common Stock held in the Trust which are awarded or issuable to a Participant pursuant to the Plan.

  • Employer Stock means securities of the Employer which constitute "qualifying employer securities" with respect to the Plan within the meaning of Section 407 of ERISA.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Company Stock Option Plans has the meaning ascribed to it in Section 2.6(c).

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Investment Options means the investment options, as determined from time to time by the Committee, used to credit earnings, gains and losses on Account balances.

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Share Account means the brokerage account established by the Agent for each Participant to which shares of Common Stock purchased under the Plan are credited in accordance with Section 9. The Share Account will be established pursuant to a separate agreement between each Participant and the Agent.

  • Company Stock Option Plan means each stock option plan, stock award plan, stock appreciation right plan, phantom stock plan, stock option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any stock, option, warrant or other right to purchase or acquire capital stock of the Company or right to payment based on the value of Company capital stock has been granted or otherwise issued.

  • Seller Common Stock means the common stock, par value $0.01 per share, of Seller.

  • Purchaser Common Stock means the common stock, par value $0.01 per share, of Purchaser.

  • Company Shares means the common shares in the capital of the Company;

  • Buyer Stock means the common stock, par value $0.0001 per share, of Buyer.

  • Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.

  • Excess Stock means Excess Stock as defined in Section 7.4 of the Company's Amended and Restated Articles of Incorporation.

  • Plan Share Award or "Award" means a right granted to a Participant under this Plan to earn or to receive Plan Shares.

  • Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.

  • Non-Stock Fundamental Change means any Fundamental Change other than a Common Stock Fundamental Change.