Unallocated Stock Account definition

Unallocated Stock Account means the account maintained by the Committee for the purpose of holding any Leveraged Stock (until such Stock is released and allocated pursuant to the applicable provisions of the Plan).
Unallocated Stock Account means a separate account established under Section 4.1 to hold Stock pending the allocation and reallocation of such Stock to the Stock Accounts of Participants, and any distributions received with respect to such Stock.
Unallocated Stock Account means the account maintained pursuant to Section 5.9 hereof.

Examples of Unallocated Stock Account in a sentence

  • The Employer's obligation to make contributions under this Section 4.2 shall be reduced to the extent of any investment earnings realized on such contributions and any dividends paid by the Employers on Stock held in the Unallocated Stock Account, which earnings and dividends shall be applied to the Stock Obligation related to that Stock.

  • Noting the request of the State Party to modify the name of the property, 2.

  • The shares in the Unallocated Stock Account shall be released from the Unallocated Stock Account (and allocated to the Stock Accounts) as set forth above.

  • The terms of the loan must provide that shares of Stock purchased with the proceeds of the loan shall be placed in the Unallocated Stock Account.

  • There shall be established a Stock Account in the name of each Participant and a separate account (the Unallocated Stock Account) to which any forfeitures occurring hereunder shall be credited pending allocation to Participants.


More Definitions of Unallocated Stock Account

Unallocated Stock Account means a separate account established under Section 4.1 to hold Stock that is not allocated to the Stock Account of any particular Participant and dividend distributions received with respect to such Stock.
Unallocated Stock Account means the account provided for in Plan Section 8.3.
Unallocated Stock Account means the account established as part of the Longs Drug Stores Stock Fund pursuant to Article V in which all Unallocated Shares are held.‌
Unallocated Stock Account means the interim account used to reflect unleveraged Company Stock acquisitions by the Trust prior to the allocation of such stock to a Member's Company Stock Account.
Unallocated Stock Account means the Plan’s holding of Stock which has not yet been allocated to Participant’s Stock Accounts.
Unallocated Stock Account means Stock and other assets held in a segregated fund (and increases attributable to such assets) which have not been allocated to Stock Accounts because of the limitations of Section 5.2 hereof or because they were purchased with borrowed funds pursuant to the provisions of Article 6 hereof or transferred to such account pursuant to the terms hereof.
Unallocated Stock Account means the Plan account maintained to hold Financed Shares prior to release and allocation to Members' Accounts.