Examples of Dividend Deferral Account in a sentence
A Participant shall at all times be 100% vested in his or her Deferral Account, Stock Option Account, Restricted Stock Account, Performance Share Account, Dividend Deferral Account, Company Matching Account and Rollover Account.
Deferrals of dividend equivalents pursuant to Section 3.1(e) shall be credited to his or her Dividend Deferral Account no later than the close of business on the first business day after the day on which those amounts would have been paid to the Participant but for the election to defer.
Deferrals of dividend equivalents pursuant to section 3.1(e) shall be credited to his or her Dividend Deferral Account no later than the close of business on the first business day after the day on which those amounts would have been paid to the Participant but for the election to defer.
A Participant shall at all times be 100% vested and have a nonforfeitable right to amounts credited to her Company Matching Account, Deferral Account, Dividend Deferral Account, Performance Share Account, Performance Unit Account and Restricted Stock Account.
A Participant shall at all times be 100% vested and have a nonforfeitable right to amounts credited to the Participant's Company Matching Account, RSP Matching Contribution Account, Deferral Account, Dividend Deferral Account, Performance Share Account, Performance Unit Account and Restricted Stock Account.
Deferred amounts withheld from an Eligible Executive’s Vested Dividends will be credited to such Eligible Executive’s Vested Dividend Deferral Account as of the date such Vested Dividends are paid.3.5 RETENTION DEFERRALS.
Post-2016 RSU Dividend Deferrals will automatically be deemed invested in the Stock Equivalent Fund.The number of Stock Equivalents, or fractions thereof, that will be credited to a Participant’s Fee Deferral Account and/or Post-2016 RSU Dividend Deferral Account is determined by dividing the dollar amount of Fee Deferrals and/or Post-2016 RSU Dividend Deferrals to be credited to the Stock Equivalent Fund, by the Fair Market Value of the Company common stock on the date of crediting.
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.
From the date the Prior Stock Award would otherwise be payable until the Executive's Termination Date, the Dividend Deferral Account shall be credited, as of the date any dividend is payable, with the amount of the dividend payable with respect to the shares of Stock represented in the Deferral Account.
The beginning balance of the Dividend Deferral Account shall be the amount of any cash payment to which the Executive would be entitled pursuant to Section 3(B)(ii)(e) of the Prior Agreement on account of accumulated dividends.