Employee Accounts. The number of Restricted Stock Units granted pursuant to this Agreement shall be credited to the Employee’s RSU Account. Each RSU Account shall be maintained on the books of the Company until full payment of the balance thereof has been made to the Employee (or the Employee’s beneficiaries if the Employee is deceased). No funds shall be set aside or earmarked for any RSU Account, which shall be purely a bookkeeping device.
Appears in 4 contracts
Samples: Restricted Stock Unit Grant Agreement, Restricted Stock Unit Grant Agreement (Huntington Bancshares Inc/Md), Restricted Stock Unit Grant Agreement (Huntington Bancshares Inc/Md)