Examples of WellPoint Common Stock in a sentence
Cash dividends on WellPoint Common Stock will not be subject to the liquidation restrictions outlined in this subsection (a).
Participants may elect to invest amounts held in their Account in units of a WellPoint Common Stock Fund established by the Trustee pursuant to Section 6.01 of the Plan subject to such restrictions and administrative procedures as are imposed by the Committee, pursuant to its discretionary authority to administer and interpret the Plan.
At the discretion of the Committee, the Plan may acquire and hold WellPoint Common Stock.
When requesting a distribution under this Article, a Participant (or Beneficiary) may elect to receive the portion of his or her Account that is invested in a WellPoint Common Stock Fund in whole shares of WellPoint Common Stock.
A Participant whose Account is invested in a WellPoint Common Stock Fund will be notified by the Trustee (or by WellPoint Health Networks Inc., pursuant to its normal communications with shareholders) of each occasion for the exercise of voting rights, within a reasonable time before those voting rights are to be exercised.
All Participants entitled to tender WellPoint Common Stock held by a WellPoint Common Stock Fund will be so notified by the Trustee (or by WellPoint Health Networks Inc.) within a reasonable time before the right to tender is to be exercised.
The Trustee will not permit Participants to direct the tender of WellPoint Common Stock, to the extent that the receipt or holding of the property offered in exchange for the shares would violate any applicable law, including ERISA.
The Committee will make investment decisions regarding any non-cash property received by a WellPoint Common Stock Fund as a result of a tender.
Cash dividends on WellPoint Common Stock will not be subject to the liquidation restrictions outlined in this Section.
Effective as of the first payroll period ending on or after January 1, 1998, all Participants eligible to receive an allocation of Matching Contributions as described in subsections (a) and (b) above will receive 33.33% of their Matching Contribution in the form of units of a WellPoint Common Stock Fund.