Deferred Stock definition

Deferred Stock means a right to receive a specified number of shares of Stock during specified time periods pursuant to Article 8.

Deferred Stock means an award made pursuant to Section 8 below of the right to receive Stock at the end of a specified deferral period.

Deferred Stock means Stock to be received, under an award made pursuant to Section 9, below, at the end of a specified deferral period.

Examples of Deferred Stock in a sentence

• Without limiting the generality of the foregoing, references to delivery of certificates for shares of the Common Stock shall be deemed to refer to delivery of cash and the incidents of ownership of any other property held in the Deferred Stock Accounts.

• The number of shares of Deferred Stock shall be determined by the Committee and may be linked to the Performance Criteria or other specific performance criteria determined to be appropriate by the Committee, in each case on a specified date or dates or over any period or periods determined by the Committee.

• If the shares of the Common Stock credited to the Deferred Stock Accounts are converted pursuant to Paragraph 12(a) into another form of property, references in this Plan to the Common Stock shall be deemed, where appropriate, to refer to such other form of property, with such other modifications as may be required for this Plan to operate in accordance with its purposes.

• The Administrator is authorized to grant Deferred Stock to any Eligible Individual.

• Unless otherwise provided by the Committee, a Participant awarded Deferred Stock shall have no rights as a Company stockholder with respect to such Deferred Stock until such time as the Deferred Stock Award has vested and the Stock underlying the Deferred Stock Award has been issued.

More Definitions of Deferred Stock

Deferred Stock means a right to receive Shares awarded under Section 10.4.

Deferred Stock means a right, granted to a Participant under Section 6(e) hereof, to receive Stock, cash or a combination thereof at the end of a specified deferral period.

Deferred Stock means a right to receive Shares, including Restricted Stock, cash measured based upon the value of Shares or a combination thereof, at the end of a specified deferral period.

Deferred Stock means a right, granted under Article 10, to receive Shares at the end of a specified deferral period.

Deferred Stock means a right to receive Shares awarded under Section 9.4 hereof.

Deferred Stock means an Award made under Section 6 of the Plan to receive Common Stock at the end of a specified Deferral Period.

Deferred Stock means an Award payable in shares of Common Stock at the end of a specified deferral period that is subject to the terms, conditions and limitations described or referred to in Section 7(c)(iv).