Common use of Stock Units Clause in Contracts

Stock Units. The Company shall credit the Employee’s Stock Units to a Stock Units account established and maintained for the Employee on the books of the Company payable in shares of Stock or cash. The account shall constitute the record of the Stock Units awarded to the Employee under this Agreement, is solely for accounting purposes, and shall not require a segregation of any Company assets.

Stock Units. The Company shall credit the EmployeeDirector’s Stock Units to a Stock Units account established and maintained for the Employee Director on the books of the Company payable in shares of Stock or cash. The account shall constitute the record of the Stock Units awarded to the Employee Director under this Agreement, is solely for accounting purposes, and shall not require a segregation of any Company assets.

Stock Units. The Company shall credit the EmployeeDirector’s Stock Units to a Stock Units account established and maintained for the Employee Director on the books of the Company payable in shares of Stock or cash. The account shall constitute the record of the Stock Units awarded to the Employee Director under this Agreement, is solely for accounting purposes, and shall not require a segregation of any Company assets.

Stock Units. The Company shall credit the Employee’s 's Stock Units to a Stock Units account established and maintained for the Employee on the books of the Company payable in shares of Stock or cash. The account shall constitute the record of the Stock Units awarded to the Employee under this Agreement, is solely for accounting purposes, and shall not require a segregation of any Company assets.

Stock Units. The Company shall credit the Employee’s Stock Units to a Stock Units account established and maintained for the Employee on the books of the Company payable in shares of Stock or cash. The account shall constitute the record of the Stock Units awarded to the Employee under this Agreement, is solely for accounting purposes, and shall not require a segregation of any Company assets.

Stock Units. The Company shall credit the Employee’s Stock Units to a Stock Units account established and maintained for the Employee on the books of the Company payable only in shares of Stock or cashStock. The account shall constitute the record of the Stock Units awarded to the Employee under this Agreement, is solely for accounting purposes, and shall not require a segregation of any Company assets.