Common use of Bookkeeping Account Clause in Contracts

Bookkeeping Account. The Company will record the number of Restricted Stock Units granted to you under this Agreement to a bookkeeping account for you (the “Restricted Stock Unit Account”). Your Restricted Stock Unit Account will be reduced by the number of shares of Common Stock transferred to you in accordance with Section 4. Your Restricted Stock Unit Account will be adjusted from time to time for any stock dividends, stock splits, and other transactions in accordance with Section 6. The Restricted Stock Unit Account represents an unsecured promise of the Company to deliver shares of Common Stock in the future. Your rights to your Restricted Stock Unit Account will be no greater than that of other general, unsecured creditors of the Company.

Bookkeeping Account. The Company will record the number of Restricted Deferred Stock Units granted to you under this Agreement to a bookkeeping account for you (the “Restricted Deferred Stock Unit Account”). Your Restricted Deferred Stock Unit Account will be reduced by the number of shares of Common Stock transferred to you in accordance with Section 43. Your Restricted Deferred Stock Unit Account also will be adjusted from time to time for any stock dividends, stock splits, splits and other such transactions in accordance with Section 65. The Restricted Deferred Stock Unit Account represents an unsecured promise of by the Company to deliver shares of Common Stock in the future. Your rights to your Restricted Deferred Stock Unit Account will be no greater than that of other general, unsecured creditors creditor of the Company.