RSU Deferral Account definition

RSU Deferral Account means the separate bookkeeping account maintained with respect to a Participant’s RSU Deferrals. The Plan Administrator may maintain separate bookkeeping accounts with respect to RSU Deferrals for each Plan Year and/or may combine such accounts as it deems appropriate.
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RSU Deferral Account means the bookkeeping record established and maintained on behalf of each Participant to record RSUs Deferrals, Investment Earnings and other amounts credited to or charged against the Participant, pursuant to the terms of the Plan.
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RSU Deferral Account means the bookkeeping account or accounts, including any subaccounts thereunder, established under the Plan for a Participant and which is credited with RSUs for which the Participant has elected to defer settlement upon vesting.
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Examples of RSU Deferral Account in a sentence

  • The RSU Deferral Account will be deemed invested in the Stock Equivalent Fund under Section 6.3. The Pre-2017 RSU Dividend Deferral Account will not be deemed invested in the Crediting Options as provided in Section 6.2 or the Stock Equivalent Fund as provided in Section 6.3, but, rather, will be held in cash.

  • The primary development objective (DO) of the project was: to make public service delivery processes more effective and efficient in order to facilitate economic growth and reduce poverty.

  • Besides my advisor, I would like to thank my family back home, who helped my staying focus and motivated me when I needed to.

  • Dividend Equivalent Units shall be credited to the amounts in a Participant’s Stock Unit and RSU Deferral Account attributable to both Stock Unit Deferrals and RSU Compensation Deferrals.

  • The amounts deferred pursuant to this Subsection (d) shall be credited to the Participant’s RSU Deferral Account as of the date upon which the underlying RSUs would have vested.

  • Distributions of a Participant’s Stock Unit and RSU Deferral Account shall be made in the form of Common Stock with one share of Common Stock payable for each Stock Unit and each Dividend Equivalent Unit credited to such Participant’s Stock Unit and RSU Deferral Account.

  • The Company shall provide each Participant with a written statement of his or her RSU Deferral Account at least annually.

  • The Administrator may permit a Participant to change his or her election as to the commencement of distribution of his or her RSU Deferral Account and/or Compensation Deferral Contribution Account; provided that any change in election must specify a commencement date that is at least 12 months from the date of the change.

  • The unvested portion of the Participant’s RSU Deferral Account shall be forfeited upon the Participant’s Termination of Service.

  • Our concerns also stretch to the intellectual freedom and autonomy of academics.

Related to RSU Deferral Account

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

  • 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

  • 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.

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

  • Compensation Deferral means the amount or amounts of the Director's Compensation deferred under the provisions of Section 3 of this Agreement.

  • 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.

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • 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.

  • Bonus Deferral means the amount of a Participant’s Bonus Compensation which the Participant elects to have withheld on a pre-tax basis from his Bonus Compensation and credited to his account pursuant to Section 4.1.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • 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.

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

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

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Deferral Date means the date Fees would otherwise have been paid to the Participant.

  • 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.

  • Deferral Year means each calendar year during which the Trustee makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • 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;

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

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