Common use of Shares Credited Clause in Contracts

Shares Credited. For all purposes of this Article, the number of shares of the Company Stock deemed “credited” to a Participant’s, former Participant’s or Beneficiary’s accounts as of the relevant date (the record date or the date specified in the tender offer) shall be calculated by reference to the number of shares reflected on the books of the transfer agent as of the relevant date. In the case of a tender offer, the number of shares credited shall be determined as of a date as close as administratively feasible to the relevant date.

Appears in 2 contracts

Samples: Furmanite Corp, Furmanite Corp

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Shares Credited. For all purposes of this Article, the number of shares of the Company Stock Employer Securities deemed “credited” to a ParticipantMember’s, former ParticipantMember’s or Beneficiary’s accounts Accounts as of the relevant date (the record date or the date specified in the tender offer) shall be calculated by reference to the number of shares reflected on the books of the transfer agent as of the relevant date. In the case of a tender offer, the number of shares credited shall be determined as of a date as close as administratively feasible to the relevant date.

Appears in 1 contract

Samples: Mens Wearhouse Inc

Shares Credited. For all purposes of this Article, the number of shares of the Company Stock deemed "credited" to a Participant’s, Member's or former Participant’s or Beneficiary’s accounts Member's Accounts as of the relevant date (the record date or the date specified in the tender offer) shall be calculated by reference to the number of shares reflected on the books of the transfer agent to the credit of the Plan as of the relevant date. In the case of a tender offer, the number of shares credited shall be determined as of a date as close as administratively feasible to the relevant date.

Appears in 1 contract

Samples: Drypers Corp

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Shares Credited. For all purposes of this Article, the number of shares of the Company Stock deemed "credited" to a Participant’s's, former Participant’s 's or Beneficiary’s 's accounts as of the relevant date (the record date or the date specified in the tender offer) shall be calculated by reference to the number of shares reflected on the books of the transfer agent as of the relevant date. In the case of a tender offer, the number of shares credited shall be determined as of a date as close as administratively feasible to the relevant date.

Appears in 1 contract

Samples: Xanser Corp

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