DSU Subaccount definition

DSU Subaccount means the bookkeeping account to which DSUs of a Participant and dividend equivalents are credited pursuant to Section 4.
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DSU Subaccount means the subaccount within the Participant’s Account to which amounts deferred under Section 3 hereof are credited as described in Section 5.3 hereof.
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DSU Subaccount means the subaccount established for deferral of a Director’s Cash Compensation pursuant to Section 5.02(a) of the Plan and credited with Deferred Stock Units and Plan Earnings pursuant to the terms of the Plan.
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Examples of DSU Subaccount in a sentence

  • This section adopts the Fee Schedule and procedures prescribed by the Office of the Secretary, U.S. Department of Agriculture (USDA), Appendix A to 7 CFR, part 1, Subpart A, published at 52 FR 49386 (December 31, 1987), 62 FR 33980 and 64 FR3395.

  • The amount of each succeeding installment shall be equal to the value of the Participant’s Deferred Cash Subaccount and the value of the Participant’s DSU Subaccount (determined in accordance with Section 4.05(b)) on the next succeeding anniversary of the applicable Valuation Date, divided by the remaining number of installments to be paid.

  • During each Plan Year, each DSU Subaccount shall be credited with the Participant’s Performance Shares or Common Stock, as applicable, deferred under Section 3.

  • In the event, however, that it becomes necessary to determine the dollar value of DSUs credited to a Participant’s DSU Subaccount as of any date, the dollar value shall be determined by multiplying the number of DSUs on that date by the Fair Market Value of the Common Stock on that date.

  • Any Common Stock in a Director’s DSU Subaccount shall be 100% vested at all times.

  • Each Account shall have a Deferred Cash Subaccount and a DSU Subaccount, as applicable, to which shall be credited amounts deferred under Section 3.

  • However, we have also seen how the use of artificial selection can greatly accelerate the process of natural selection.

  • Amounts credited to the DSU Subaccount generally will be paid in the corresponding number of shares of Common Stock.

  • The DSUs credited to a Participant’s DSU Subaccount pursuant to Section 3.02 shall be increased on each date that a dividend is paid on Common Stock.

  • The number of additional DSUs credited to a Participant’s DSU Subaccount as a result of such increase shall be determined first by multiplying the number of DSUs credited to the Participant’s DSU Subaccount on the dividend record date by the amount of the dividend declared per share of Common Stock on the dividend declaration date, and then by dividing the product so determined by the Fair Market Value of the Common Stock on the dividend payment date.

Related to DSU Subaccount

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

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • General Subaccount is defined in Section 8.02(a) of the Indenture.

  • Subaccount means any subaccount designated and established hereunder.

  • Capital Subaccount is defined in Section 8.02(a) of the Indenture.

  • 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.

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

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

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

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

  • Subaccounts is defined in Section 8.02(a) of the Indenture.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Regular account means the account established for each active and inactive member un-

  • 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.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • 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.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • 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

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Individual Account Means the account established and maintained under this Plan for each Participant in accordance with Section 4.01.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.