Stock Equivalent Account means the investment alternative under which a Participant's Deferral Account is treated as if it is invested in the Company's common stock.
Stock Equivalent Account means one of two investment alternatives (the other being an Interest Account) in which a Non-Employee Director may elect to invest a Deferral or portion thereof as described in sections 6 and 7 below.
Stock Equivalent Account means a bookkeeping account established in accordance with Article VI that represents a Participant’s hypothetical interest with respect to the Stock Equivalent Shares credited to such Account in accordance with paragraph (a) of Article V and paragraph (c) of Article VI.
Examples of Stock Equivalent Account in a sentence
All investments in the Stock Equivalent Account shall be irrevocable.
Company Matching Deferrals may not be transferred from the Stock Equivalent Account to which they are originally credited.
A Deferred Stock Equivalent Account shall be established for each Director.
The deferral, if elected, will result in the transfer of the RSUs into the Company’s deferred compensation plan Stock Equivalent Account in effect, and applicable to the Grantee, at the time the RSUs would have otherwise been distributed.
A statement as to the balance of his or her Deferred Stock Equivalent Account will be sent to each Director at least once each calendar year.
More Definitions of Stock Equivalent Account
Stock Equivalent Account means an investment fund subaccount that is credited with the hypothetical purchase of whole shares of the Company’s Common Stock.
Stock Equivalent Account means the Investment Fund under which all or a portion of a Non-Employee Director’s Deferral Account is treated as if it is invested in common stock equivalents.”
Stock Equivalent Account means the investment alternative under which a Participant’s Deferral Account is treated as if it is invested in common stock equivalents.
Stock Equivalent Account means the Investment Fund under which all or a portion of a Participant’s Deferral Account is treated as if it is invested in common stock equivalents.
Stock Equivalent Account means a book account maintained by KeySpan reflecting the stock equivalents of KeySpan common stock allocated to the Participant as a result of the deferral of Compensation or Annual Stock Grant and any such additional stock equivalents of KeySpan common stock as shall be credited thereto in respect of dividends paid on KeySpan common stock pursuant to Section 5(d).
Stock Equivalent Account refers to the subaccount of a Participant’s Deferral Account that is deemed invested in the Company’s common stock (and shall include, for the avoidance of doubt, any Director Stock Equivalent Subaccount).”
Stock Equivalent Account means a book account maintained by KeySpan reflecting the accumulated Stock Equivalents acquired by a Participant, through any Compensation deferred into Stock Equivalents, any Stock Equivalent Dividends paid and any Annual Stock Grant awarded in Stock Equivalents to such Participant.