Nonstock Account definition

Nonstock Account means the Member's ESOP Contributions Account to which assets of the Trust Fund other than Stock are credited pursuant to Article 7.
Nonstock Account means the Account of a Participant to which an interest in the Trust Fund other than Stock is credited from time to time.
Nonstock Account means the Account of the Participant to which assets of the Trust Fund (other than Stock) are credited pursuant to Article IV.

Examples of Nonstock Account in a sentence

  • The system will only allow the selection of Non-stock Account Groups that has not been defined for use as Labour or Traveling Time.

  • The Committee shall establish and maintain for each Participant one or more of the following individual Accounts, as appropriate, to record the interest of the Participant in the Trust: (i) a Stock Account, and (ii) a Nonstock Account.

  • A withdrawal shall be disbursed proportionately from the Participant's Stock Account and Nonstock Account and, within the Participant's Stock Account, proportionately from shares of Stock acquired by the Trust prior to January 1, 1987, and shares of Stock acquired by the Trust after December 31, 1986.

  • Notwithstanding the preceding sentence, a Participant may elect to have his Nonstock Account (other than the portion attributable to an election to diversify investment of his Stock Account made pursuant to Section 8.4) distributed in the form of Stock plus cash in lieu of any fractional share.

  • Once a Member's Nonstock Account has been distributed to the Member pursuant to the provisions of Article 10 based on a cash basis, a Member shall not be entitled to any further allocation of earnings.

  • Earnings on assets other than Stock contained in the Trust Fund shall be allocated to each Member's applicable Nonstock Account.

  • Dividends paid on Stock allocated to a Participant’s Stock Account shall be credited to the Participant’s Nonstock Account.

  • Forfeitures shall first be charged against a Participant's Nonstock Account, with any balance charged against his Stock Account (at Fair Market Value).

  • Distribution of a Participant’s Nonstock Account shall be made in the form of a cash lump sum.

  • Finally, the case curriculum under scrutiny is examined in light of the transcribed and openly categorized themes from the results of the in- depth interviews and focus group discussions as well as the outcomes of trends from the reviewed literature and documents.

Related to Nonstock Account

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

  • 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.

  • 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.

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

  • 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.

  • DSU means the Understanding on Rules and Procedures Governing the Settlement of Disputes contained in Annex 2 of the WTO Agreement;

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Phantom means a volume of material behaving in a manner similar to tissue with respect to the attenuation and scattering of radiation. This requires that both the atomic number (Z) and the density of the material be similar to that of tissue.

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

  • Phantom Stock Unit means the right to receive the value of one (1) share of the Company’s Common Stock, subject to the provisions of Section 8.4 of the Plan.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • 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

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

  • Eligible Directors means, with respect to a Regulated Fund and a Potential Co-Investment Transaction, the members of the Regulated Fund’s Board eligible to vote on that Potential Co-Investment Transaction under Section 57(o) of the Act (treating any registered investment company or series thereof as a BDC for this purpose).

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.

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

  • 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 Unit means a bookkeeping entry representing the equivalent of one Common Share, as awarded under the Plan.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • Deferred Compensation Award means an award of Stock Units granted to a Participant pursuant to Section 12 of the Plan.

  • Retirement fund means the "Washington law enforcement

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