Examples of Share Credit in a sentence
The dividend credit determined in paragraph (a) above will immediately be converted into a Share Credit by dividing such cash dividend credit by the closing price of Common Stock on the date on which the dividend is paid on Common Stock for such quarterly period.
No Stock Option, Dividend Share Credit or share of Contingent Restricted Stock, Restricted Stock or Performance-Based Restricted Stock shall be assignable or transferable by an Eligible Employee otherwise than by will or the laws of descent and distribution.
Effective as of each Share Credit Allocation Date and each Common Stock dividend record date with respect to which Dividend Equivalent Credits are made, any partial Share Credits then credited to a Participant’s Deferred Stock Account shall be aggregated in such manner as the Administrator shall provide to constitute full Share Credits.
The Company shall have the right to withhold from salary or otherwise or to cause the employee (or the executor or administrator of his or her estate or his or her distributee) to make payment of any federal, state, local or foreign taxes required to be withheld with respect to any exercise of a Stock Option, stock or cash settlement of a Dividend Share Credit, or award or vesting or deemed vesting of Restricted Stock or Performance-Based Restricted Stock.
TO CREDIT AND GUARANTY AGREEMENT Revolving Loan Commitments Lender Revolving Loan Commitment Pro Rata Share Credit Suisse AG, Cayman Islands Branch $ 5,000,000 8-1/3rd % JPMorgan Chase Bank, N.A. $ 30,000,000 50.0 % Wachovia Capital Finance Corporation (Central) $ 25,000,000 41-2/3rds % Total $ 60,000,000 100.000000000 % APPENDIX B TO CREDIT AND GUARANTY AGREEMENT Notice Addresses XXXXXXX DYNAMICS, INC.
Any individual who became an Outside Director after May 1, 2002 and before January 1, 2005 began participation in the Plan as of the Share Credit Allocation Date next following the date as of which the individual became an Outside Director.
With respect to each annual or multi-year performance period during which the Employee is a Participant and with respect to which he has an effective election under Article Three, the Deferred Stock Account maintained on such Participant’s behalf shall be credited with an Incentive Compensation Deferral Share Credit, effective as of the Share Credit Allocation Date.
Any individual who becomes an Outside Director after May 1, 2002 shall participate in the Plan as of the Share Credit Allocation Date next following the date as of which the individual becomes an Outside Director.
For any given Board Tenure Year, the Annual Share Credit made to an Outside Director’s Deferred Stock Account shall be equal to the quotient obtained by dividing a cash amount determined by the Board for the given year by the closing price of Common Stock on the Share Credit Allocation Date.
TO CREDIT AND GUARANTY AGREEMENT Revolving Loan Commitments Lender Revolving Loan Commitment Pro Rata Share Credit Suisse AG, Cayman Islands Branch $ 5,000,000 8-1/3rd % JPMorgan Chase Bank, N.A. $ 30,000,000 50.0 % Wachovia Capital Finance Corporation (Central) $ 25,000,000 41-2/3rds % Total $ 60,000,000 100.000000000 % APPENDIX B TO CREDIT AND GUARANTY AGREEMENT Notice Addresses DXXXXXX DYNAMICS, INC.