Stock Allocation definition
Examples of Stock Allocation in a sentence
EMPLOYEE STOCK OWNERSHIP PLAN (ESOP) Plan Year - September 1 to August 31 Eligibility - 1st of month following one year of service Compensation - Total salary, excluding severance pay, moving expenses and non-cash contribution Stock Allocation - Each year the Trustees divide the available shares of stock among eligible participants, based on each participant's compensation.
According to the terms of this Agreement, the Company will provide a one-time Phantom Stock Allocation to a Phantom Stock Appreciation Rights (“Phantom SAR’s”) Account on January 1, 2002, and determine the appreciation on the Phantom Stock Allocation on an annual basis for 10 years.
The allocation of ERO New Common Stock pursuant to the ERO New Common Stock Allocation will be exempt from registration with the SEC under applicable law.
ERO New Common Stock Allocation Any ERO New Common Stock not acquired during the ERO Preemptive Rights Offering Period shall be subscribed and purchased at a price equal to the Subscription Price on the Effective Date by the ERO New Common Stock Backstop Parties (up to the Commitment Creditors ERO New Common Stock Backstop Commitment Amount).
On the last day of each Plan Year, the value of the Incentive Retirement Account is determined by multiplying the Phantom Stock Allocation by the difference between the Initial Value Per Share and the Current Value Per Share, as defined below.
The Stock Portion of the Adjusted Purchase Price shall be issued by the Buyer to the Stockholders at the Closing by the delivery of Buyer Shares in the amounts set forth on the Cash and Stock Allocation Schedule next to such Stockholder's name.
On October 31 of each Plan Year 1 through 10, the value of the Phantom Stock Account is determined by multiplying the Phantom Stock Allocation by the Current Adjusted Price Per Share, as defined below.
Each Stockholder shall have received from the Buyer such Stockholder's respective allocation (in cash or stock form) of the Adjusted Purchase Price in accordance with the Cash and Stock Allocation Schedule.
Participation in the ERO New Common Stock Allocation will be limited to certain qualified investors in the United States, and to investors outside the United States.
The Executive's Incentive retirement Account ("Incentive Retirement Account") shall be established with a one-time allocation of [NUMBER OF SHARES] shares of Phantom Stock as of the Effective Date of this Agreement (the "Phantom Stock Allocation").