Common Stock Account Balance definition

Common Stock Account Balance means the Cash Common Stock Account Balance and the Equity Common Stock Account Balance.
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Examples of Common Stock Account Balance in a sentence

  • No portion of the Participant’s Common Stock Account Balance shall be available for withdrawal under this Section 4.3.

  • Any portion of the Participant’s Equity Common Stock Account Balance which is not vested in accordance with Section 3.4(b) as of the date of the Participant’s death shall be forfeited as of such date.

  • Delivery - Deliver materials to site in manufacturer's original, unopened packaging, with labels clearly identifying product name and manufacturer.

  • Any portion of the Participant’s Equity Common Stock Account Balance which is not vested in accordance with Section 3.4(b) as of the date of the Participant’s Separation from Service shall be forfeited as of such date.

  • Each Director shall be entitled to a lump sum cash payment payable each calendar year, no later than December 31st of such year, in an amount equal to the sum of the following calculated for each dividend payment date that occurred during such calendar year: (i) the per-share cash dividend declared for such dividend payment date, multiplied by (ii) the number of units reflected in the Participant’s Equity Common Stock Account Balance on the day before such dividend payment date.

  • A Participant’s Beneficiary who is entitled to a Pre-Termination Survivor Benefit under Section 6.1 shall receive the Participant’s Equity Common Stock Account Balance in stock no later than 90 days after the date of the Participant’s death.

  • As of any date thereafter, the Participant shall be vested in any Common Stock equivalent unit credited to his or her Equity Common Stock Account Balance solely to the extent that he or she would have been vested as of such date in the specific equity-based award from which such Common Stock equivalent unit was converted, absent the conversion of such equity-based award into Common Stock equivalent units under this Section 3.4(b).

  • Any portion of the Participant’s Equity Common Stock Account Balance which is not vested in accordance with Section 3.4(b) as of the date of the Fixed Date Payout shall be forfeited as of such date.

  • Upon the Participant’s Separation from Service or death, or in the event of a Fixed Date Payout, the Common Stock equivalent units credited to the Cash Common Stock Account Balance will be valued for payment by multiplying the applicable number of units by the average of the Market Prices of Common Stock during the last five (5) trading days of the month preceding the date on which the Annual Deferral Amount is to be paid (or on which payments of such Amount are to commence).

  • A deferral election under Section 3.2 for any Plan Year with respect to Directors Fees that, absent such election, would have been issued to the Director in the form of one or more equity-based awards shall constitute an election to have such equity-based award(s) converted (in the manner prescribed in Section 3.4(b)(i) below) into hypothetical Common Stock equivalent units and credited to the Participant’s Equity Common Stock Account Balance pursuant to this Section 3.4(b).

Related to Common Stock Account Balance

  • 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 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.

  • 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.

  • Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

  • Unit Account means a notional account opened and managed by Us for You, in which the Units are allocated following the receipt of the Premium from You and in which the Units are cancelled by Us for the purpose of paying the benefits or for recovering the applicable charges;

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • 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.

  • Stock Unit Account means the bookkeeping account established by the Company pursuant to Section 6.4.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Plan Account means the account established for each Participant pursuant to Section 8(a).

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Company Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of the Company.

  • DSUs means the deferred share units granted under the DSU Plan;

  • 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).

  • Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of the Company.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Adjusted Capital Account Balance means, with respect to each Partner, the balance in such Partner’s Capital Account adjusted (i) by taking into account the adjustments, allocations and distributions described in Treasury Regulations Sections 1.704-1(b)(2)(ii)(d)(4), (5) and (6); and (ii) by adding to such balance such Partner’s share of Partnership Minimum Gain and Partner Nonrecourse Debt Minimum Gain, determined pursuant to Treasury Regulations Sections 1.704-2(g) and 1.704-2(i)(5), any amounts such Partner is obligated to restore pursuant to any provision of this Agreement or by applicable Law. The foregoing definition of Adjusted Capital Account Balance is intended to comply with the provisions of Treasury Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith.

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

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

  • Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of the Company.

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

  • 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.

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

  • Class PO Deferred Amount As to any Distribution Date, the aggregate of the applicable PO Percentage of each Realized Loss, other than any Excess Loss, to be allocated to the Class PO Certificates on such Distribution Date on or prior to the Senior Credit Support Depletion Date or previously allocated to the Class PO Certificates and not yet paid to the Holders of the Class PO Certificates.