Bookkeeping Account. The Company shall record the number of Performance Based Restricted Stock Units granted hereunder to a bookkeeping account for Employee (the “Performance Based Restricted Stock Unit Account”). Employee’s Performance Based Restricted Stock Unit Account shall be reduced by the number of Performance Based Restricted Stock Units, if any, forfeited in accordance with Section 4 and by the number of Performance Based Restricted Stock Units with respect to which shares of Stock were transferred to Employee in accordance with Section 5.
Appears in 5 contracts
Samples: Federal Signal Corp /De/, Federal Signal Corp /De/, Federal Signal Corp /De/
Bookkeeping Account. The Company shall record the number of Performance Based Restricted Stock Units granted hereunder to a bookkeeping account for Employee (the “Performance Based Restricted Stock Unit Account”). Employee’s Performance Based Restricted Stock Unit Account shall be reduced debited by the number of Performance Based Restricted Stock Units, if any, forfeited in accordance with Section 4 and by the number of Performance Based Restricted Stock Units with respect to which shares of Stock were transferred to Employee in accordance with Section 5.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Federal Signal Corp /De/), Federal Signal Corp /De/, Federal Signal Corp /De/
Bookkeeping Account. The Company shall record the number of Performance Based Restricted Stock Units granted hereunder to a bookkeeping account for the Employee (the “Performance Based Restricted Stock Unit Account”). The Employee’s Performance Based Restricted Stock Unit Account shall be reduced by the number of Performance Based Restricted Stock Units, if any, forfeited in accordance with Section 4 and by the number of Performance Based Restricted Stock Units with respect to which shares of Stock were transferred to the Employee in accordance with Section 5.
Appears in 1 contract
Samples: Federal Signal Corp /De/