Deemed Investment of Deferred Compensation Account. An amount credited to the Deferred Compensation Account pursuant to paragraph 1(a) or 1(b) shall be deemed to be invested in whole and fractional shares of common stock of the Company at the closing sale price on the principal national stock exchange on which such stock is traded on the date as of which the amount is credited to the Deferred Compensation Account or, if there is no reported sale for such date, on the next preceding date for which a sale was reported (the “Fair Market Value”).
Appears in 6 contracts
Samples: Executive Deferred Compensation Agreement (United States Cellular Corp), Executive Deferred Compensation Agreement (United States Cellular Corp), Executive Deferred Compensation Agreement (United States Cellular Corp)
Deemed Investment of Deferred Compensation Account. An amount credited to the Deferred Compensation Account pursuant to paragraph 1(a) or 1(b) shall be deemed to be invested in whole and fractional shares of common stock of the Company at the closing sale price on the principal national stock exchange on which such stock is traded on the date as of which the amount is credited to the Deferred Compensation Account or, if there is no reported sale for such date, on the next preceding date for which a sale was reported (the “Fair Market Value”)reported.
Appears in 5 contracts
Samples: Executive Deferred Compensation Agreement (United States Cellular Corp), Executive Deferred Compensation Agreement, Executive Deferred Compensation Agreement (United States Cellular Corp)
