Employer Stock definition

Employer Stock means any class of common stock of Quest Diagnostics or the preferred stock of Quest Diagnostics that is convertible into common stock.

Employer Stock means securities of the Employer which constitute "qualifying employer securities" with respect to the Plan within the meaning of Section 407 of ERISA.

Employer Stock means the common stock of the Company.

Examples of Employer Stock in a sentence

• Employer Stock or Securities There is a special rule for a payment from the Plan that includes employer stock (or other employer securities).

• Section 8.1(a)-(c) of the 2013 Plan Document provides that distributions from a Participant’s Dollar Account will be in cash and distributions from a Participant’s Employer Stock Account will be in cash unless the Participant elects to receive shares in stock.

• This Section shall cease to be effective if and so long as the Employer Stock is actively traded on an established market.

• The selling price and other terms under the right must not be less favorable to the seller than the greater of a good faith determination of the fair market value of the security as determined under Section 5.2 or the purchase price and other terms offered by a buyer, other than the Employer or the Plan, making a good faith offer to purchase the shares of Employer Stock.

• Although the terms of the Plan are not clear, based on the 2019 Summary Plan Description and the Form 5500s, the Dollar Account invests in mutual funds and pooled separate accounts and the Employer Stock Account invests in NEB and CST stock.

More Definitions of Employer Stock

Employer Stock means the voting common stock of Employer described in the Restricted Stock Agreement attached as Exhibit A.

Employer Stock means Company Stock, and stock of a Participant’s former employer accumulated in an account for the Participant under a Transferor Plan that is maintained as an Inactive Account under this Plan.

Employer Stock means, after the Distribution Date, IMS Health Common Stock credited to the account of an IMS Health Employee and Corporation Common Stock credited to the account of a Corporation Post-Distribution Employee in the pooled stock fund of the respective savings plan in which such employee participates, pursuant to Section 3.4.

Employer Stock means shares of any classes of preferred or common, -------------- voting or nonvoting, stock issued by the Employer.

Employer Stock means stock of the Employer which is a Qualifying Employer Security.

Employer Stock means, after the Distribution Date, (i) New D&B Common Stock credited to the account of a New D&B Employee or a Corporation Retiree and (ii) Moody's Common Stock credited to the account of a Moody's Employee in an employer stock fund of the respective savings plan in which such employee participates, pursuant to Section 3.5.

Employer Stock means the common stock of Fremont General Corporation.