MMC Stock Fund definition

MMC Stock Fund means the Investment Fund consisting of contributions to the Plan invested in MMC Stock, earnings thereon, amounts temporarily held pending investment therein and amounts held for disbursements
Sample 1

Examples of MMC Stock Fund in a sentence

  • Abrom mentioned that he, Mr. Murphy and Dr. Danz met with the LEA today and everything is not perfect.

  • Each Participant who has invested a portion of his or her Account Balance in the MMC Stock Fund shall be entitled to direct the Trustee as to the manner in which to vote or tender the whole number of shares of MMC Stock in the MMC Stock Fund owned by the Participant as of the record date of such vote.

  • The Investment Funds shall consist of the MMC Stock Fund and such other funds as may be designated from time to time by the Benefits Investment Committee.

  • If an employee does not make an election their employee contributions will be invested in the Putnam Fixed Income Fund and their Company match will be invested in the MMC Stock Fund.

  • The Trustee shall purchase MMC Stock for the MMC Stock Fund in the open market or from the Company or any of its officers, directors or other stockholders at a price not to exceed the fair market value thereof.

  • Submitting RFP Proposal packages: Offeror will submit a comprehensive and thorough written plan for Battalion Chief Keith Knisley.

  • Company matching contributions continued to be invested in the MMC Stock Fund, unless the participant reached the age of 55 or the sum of the participant's age and years of plan participation was at least 65.

  • However, the additional 28-1/3% company match that a participant became eligible to receive upon meeting the age or age plus years of plan participation requirements to diversify continued to be invested in the MMC Stock Fund.

  • The Trustee shall purchase MMC Stock for the MMC Stock Fund in the open market or from the Company or any of its officers, directors or other stockholders at a price not toexceed the fair market value thereof.

  • Appoint a Daily Contact to serve as the main point of contact between the Agency and the Contractor for all day-to-day communications and administration of issues such as requests for Alive and Well Checks, identification documentation and issues related to form delivery and the secure website.

Related to MMC 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.

  • 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.

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

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

  • ESOP means a Plan that is intended to satisfy the requirements of Section 4975(e)(7) of the IRC.

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

  • 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.

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

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

  • Retirement fund means the "Washington law enforcement

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

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

  • 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.

  • 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.

  • Employer Securities means common stock, any other type of stock or any marketable obligation (as defined in Section 407(e) of ERISA) issued by the Company or any Affiliate of the Company; provided, however, that if Employer Securities are purchased with borrowed funds, Employer Securities, to the extent required by Section 4975 of the Code, shall only include

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

  • 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.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Endowment fund means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.

  • Investment Option means any of the guaranteed investments and variable investment funds available under the Plan.

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

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

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.