Stock Equivalent Account means the investment alternative under which a Participant's Deferral Account is treated as if it is invested in the Company's common stock.
Stock Equivalent Account means one of two investment alternatives (the other being an Interest Account) in which a Non-Employee Director may elect to invest a Deferral or portion thereof as described in sections 6 and 7 below.
Stock Equivalent Account means an investment fund subaccount that is credited with the hypothetical purchase of whole shares of the Company’s Common Stock.
Examples of Stock Equivalent Account in a sentence
All investments in the Stock Equivalent Account shall be irrevocable.
Company Matching Deferrals may not be transferred from the Stock Equivalent Account to which they are originally credited.
A Deferred Stock Equivalent Account shall be established for each Director.
A statement as to the balance of his or her Deferred Stock Equivalent Account will be sent to each Director at least once each calendar year.
No interest will be credited on such amounts invested in the Interest Account following such Distribution Date and no dividend equivalent payments will accrue on such amounts invested in the Stock Equivalent Account after such Distribution Date.
More Definitions of Stock Equivalent Account
Stock Equivalent Account means the investment alternative under which a Participant’s Deferral Account is treated as if it is invested in common stock equivalents.
Stock Equivalent Account means the Investment Fund under which all or a portion of a Non-Employee Director’s Deferral Account is treated as if it is invested in common stock equivalents.”
Stock Equivalent Account means a bookkeeping account established in accordance with Article VI that represents a Participant’s hypothetical interest with respect to the Stock Equivalent Shares credited to such Account in accordance with paragraph (a) of Article V and paragraph (c) of Article VI.
Stock Equivalent Account means a book account maintained by KeySpan reflecting the stock equivalents of KeySpan common stock allocated to the Participant as a result of the deferral of Compensation or Annual Stock Grant and any such additional stock equivalents of KeySpan common stock as shall be credited thereto in respect of dividends paid on KeySpan common stock pursuant to Section 5(d).
Stock Equivalent Account means the Investment Fund under which all or a portion of a Participant’s Deferral Account is treated as if it is invested in common stock equivalents.
Stock Equivalent Account means the investment alternative under which a Participant's Deferral Account is treated as if it is invested in Sara Lee common stock equivalents.
Stock Equivalent Account means an investment fund subaccount that is credited with the hypothetical purchase of whole or fractional shares of Common Stock. The Participant shall not have any rights as a stockholder of the Company with respect to the hypothetical shares of Common Stock credited to the Stock Equivalent Accounts. Cash dividends, if any, shall be credited to a Participant’s Stock Equivalent Account in accordance with Section 5.1(c) and the number of hypothetical shares of Common Stock credited to Stock Equivalent Accounts shall be adjusted in accordance with Section 5.1(e).