Common use of Shares Credited Clause in Contracts

Shares Credited. If accounting with respect to the Stock Fund is by units of participation, then for all purposes of this Section 20.12, the number of shares of Employer Stock deemed "reflected" in a Participant's proportional interest shall be determined as of the last preceding valuation date. The trade date is the date the transaction is valued.

Appears in 3 contracts

Samples: Corporate Plan Document (Axsys Technologies Inc), Retirement Plan Document (Brillian Corp), Retirement Plan Adoption Agreement (Hudson City Bancorp Inc)

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Shares Credited. If accounting with respect to the Stock Fund is by units of participation, then for all purposes of this Section 20.12, the number of shares of Employer Stock deemed "reflected" in a Participant's ’s proportional interest shall be determined as of the last preceding valuation date. The trade date is the date the transaction is valued.

Appears in 3 contracts

Samples: Defined Contribution Plan (Profit Sharing/401(k) Plan) (Alcoa Inc.), Defined Contribution Plan (Profit Sharing/401(k) Plan) (Alcoa Inc.), Defined Contribution Plan (Profit Sharing/401(k) Plan) (Alcoa Inc.)

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Shares Credited. If accounting with respect to the Stock Fund "stock fund" is by units of participation, then for all purposes of this Section 20.1214.24, the number of shares of "Employer Stock stock" deemed "credited" or "reflected" in to a Participant's proportional interest shall be determined as of the last preceding valuation date. The trade date is the date the transaction is valued.

Appears in 1 contract

Samples: Adoption Agreement (Technitrol Inc)

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