EDMC Stock definition

EDMC Stock means the common stock of EDMC, which is intended to be “employer securities” within the meaning of Code Section 409(l) and “qualifying employer securities” under the meaning of ERISA Section 407(d)(5).
Sample 1

Examples of EDMC Stock in a sentence

  • ESOP Accounts shall be invested in EDMC Stock, except when the Participant may diversify his or her ESOP Account in accordance with Article Appendix D.

  • The Plan Administrator, or its delegate, shall establish, and shall uniformly apply, procedures under which Participants shall be required to submit their demands for repurchase of EDMC Stock hereunder.

  • Notwithstanding any contrary provision herein, as of June 1, 2006, EDMC Stock shall no longer be available as an Invested Option, or held, under the Plan.

  • Under Article 50 of the Constitution, every citizen may invoke protection of rights and freedoms defined by the Constitution before regular courts and the Constitutional Court of the Republic of Macedonia, through a procedure based upon the principles of priority and urgency.

  • Employee Contributions and Employer Contributions, except for contributions made in EDMC Stock, shall be invested pursuant to the Participant’s then-current investment election in one or more of the Investment Options.

  • If forfeitures of EDMC Stock are used towards Employer Contributions, such EDMC Stock may be either allocated in kind or sold, with the proceeds of such sale being used for the Employer Contributions.

  • The key features of the Term Sheet to effect the restructuring proposals were as follows (the "Restructuring").

  • During the second encounter, Williams, who had fallen asleep in his vehicle, wasawakened by Arnold yelling at him.

  • The State may hold shares in other companies or be a partner in other partnership enterprises, but shall not be a general partner in a partnership enterprise.

  • Notwithstanding the foregoing, each Participant who receives EDMC Stock from the Plan shall have a right to require the Sponsor to repurchase the EDMC Stock during the sixty (60) day period beginning on the date of such distribution and during the corresponding sixty (60) day period in the Plan Year following the Plan Year of distribution.

Related to EDMC Stock

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

  • Class B Stock means Class B Stock, par value $1.00 per share, of the Company.

  • Common Shares means the common shares in the capital of the Corporation;

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

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

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

  • 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 Preferred Stock means the Company's Class A Convertible Preferred Stock, par value $.01 per share.

  • Fully Diluted Shares means total diluted shares as reported in the Company's Consolidated Income Statement for each fiscal year of the Performance Period, but shall exclude the dilutive effect of any restricted stock or restricted stock unit awards granted during the Performance Period and all options, restricted stock and other equity compensation granted to Directors during the Performance Period.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

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

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • Fully Diluted Company Shares means the total number of issued and outstanding shares of Company Common Stock, (a) after giving effect to the Company Preferred Stock or otherwise treating shares of Company Preferred Stock on an as-converted to Company Common Stock basis, and (b) treating all outstanding in-the-money Specified Company Warrants as fully vested and as if the Specified Company Warrants had been exercised for cash as of the Effective Time, but for the avoidance of doubt excluding any Company Securities described in Section 1.11(b).

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

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

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

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Equity Stock means all classes or series of capital stock of the Company authorized under the Charter, including, without limit, its common stock, $.001 par value per share, and preferred stock, $.001 par value per share.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Newco Stock means the common stock, par value $.01 per share, of NEWCO.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Fully-Diluted Common Stock means, at any time, the then outstanding Common Stock plus (without duplication) all shares of Common Stock issuable, whether at such time or upon the passage of time or the occurrence of future events, upon the exercise, conversion, or exchange of all then outstanding Common Stock Equivalents.

  • Ordinary Shares shall have the meaning given in the Recitals hereto.

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.