Sponsor Stock definition

Sponsor Stock means the Common Stock of the Sponsor, or such other publicly-traded stock of the Sponsor, or such other publicly-traded stock of the Sponsor's affiliates as meets the requirements of section 407(d)(5) of ERISA with respect to the Plan.

Sponsor Stock means the common stock of the Sponsor or such other publicly-traded stock of an Affiliated Employer as meets the requirements of section 407(d)(5) of ERISA with respect to the Plan.

Sponsor Stock means the common stock of the Sponsor.

Examples of Sponsor Stock in a sentence

• If a cash distribution is requested, the amount of the distribution shall first be charged against the investments of the Trust other than the Sponsor Stock Fund in which the Participant’s Account is deemed to be invested, on a pro rata basis, until such deemed investments are exhausted.

• Separate sub-accounts shall also be maintained to reflect portions of a Participant’s Compensation Deferral Account, Unrealized Equity Gains Contribution Account, Stock Unit Contribution Account and Employer Contribution Credit Account representing the Plan’s Sponsor Stock Fund and, if different, the Plan’s other deemed investment categories.

• Unless the Sponsor, in its discretion, permits otherwise, all amounts deemed invested in Phantom Stock through the Sponsor Stock Fund shall be distributed in shares of Common Stock.

• A different audience and stakeholder set for IR as opposed to a sustainability report would lead to a different materiality process and perhaps result resulting in duplication of efforts.

• In connection with the MTech Sponsor Stock Transfer Agreement, MTech Sponsor transferred 38,089 shares of Common Stock to Khitan LLC.

More Definitions of Sponsor Stock

Sponsor Stock means the common stock of Quanex Corporation, a Delaware corporation, the parent of the Sponsor.

Sponsor Stock means the common stock of the Sponsor, or such other publicly-traded stock of the Sponsor, or such other publicly-traded stock of the Sponsor’s affiliates.

Sponsor Stock means Shares held by VSA and its Affiliates.

Sponsor Stock means 5,750,000 ordinary shares in the capital of NESR issued on 9 February 2017 to the Sponsor for an aggregate subscription price of $25,000.

Sponsor Stock means the common stock of HEI, or such other publicly traded stock of the Sponsor, or such other publicly traded stock of the Sponsor’s affiliates as meets the requirements of section 407(d)(5) of ERISA with respect to the Plan.

Sponsor Stock means equity securities issued by the Sponsor or an Affiliate which are publicly traded and which are "qualifying employer securities" within the meaning of Section 407 (d) (5) of BRISA, including but not limited to the redeemable common stock of the Sponsor, par value $0.02, while such redeemable common stock is outstanding, and thereafter the common stock of the Sponsor as from to time constituted.

Sponsor Stock means the common stock of The Men's Wearhouse, Inc., a Texas corporation, the Sponsor.