Restricted Unit Account. The Corporation shall cause an account (the “Unit Account”) to be established and maintained on the books of the Corporation to record the number of Restricted Units credited to the Participant under the terms of this Agreement. The Participant’s interest in the Unit Account shall be that of a general, unsecured creditor of the Corporation.
Appears in 19 contracts
Samples: Restricted Stock Unit Agreement (L3 Technologies, Inc.), Restricted Stock Unit Agreement (Science Applications International Corp), Restricted Stock Unit Agreement (L3 Technologies, Inc.)
Restricted Unit Account. The Corporation shall cause an account (the “Unit Account”) to be established and maintained on the books of the Corporation to record the number of Restricted Units credited to the Participant under the terms of this Agreement, which Unit Account shall be subject to adjustment in accordance with the terms of the Plan and this Agreement, including without limitation Section 4(b). The Participant’s interest in the Unit Account shall be that of a general, unsecured creditor of the Corporation.
Appears in 10 contracts
Samples: Restricted Stock Unit Agreement (L3 Technologies, Inc.), Restricted Stock Unit Agreement (L3 Technologies, Inc.), Restricted Stock Unit Agreement (L3 Technologies, Inc.)
Restricted Unit Account. The Corporation shall cause an account (the “Unit "Account”) " to be established and maintained on the books of the Corporation to record the number of Restricted Units credited to the Participant under the terms of this Agreement. The Participant’s 's interest in the Unit Account shall be that of a general, unsecured creditor of the Corporation.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (L 3 Communications Holdings Inc), Restricted Stock Unit Agreement (L 3 Communications Holdings Inc)
Restricted Unit Account. The Corporation shall cause an account (the “Unit Account”) ” to be established and maintained on the books of the Corporation to record the number of Restricted Units credited to the Participant under the terms of this Agreement. The Participant’s interest in the Unit Account shall be that of a general, unsecured creditor of the Corporation.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (L 3 Communications Holdings Inc)
