Examples of Aon Common Stock Account in a sentence
Distributions attributable to all Accounts other than the Aon Common Stock Account shall be made in the form of cash.
Distributions attributable to the Aon Common Stock Account shall be made in the form of whole Ordinary Shares, plus a cash equivalent for fractional shares.
The Company will maintain under this Plan an Aon Common Stock Account for each Participant, which shall be credited with the value of accumulated First Tier Match and Second Tier Match allocations credited to this Account prior to the Restatement Effective Date.
The value of amounts credited to the Aon Common Stock Account under this Plan, plus any additions or deductions to such Account arising out of net earnings, valuation adjustments, and withdrawals or payments chargeable to the Account, shall be determined as of each Valuation Date as if such amounts had been invested in the ESOP Investment Option under the Aon Savings Plan.
By deleting the first sentence of Section 3.02 of the Plan in its entirety and replacing it with the following, effective as of October 31, 2017:The value of amounts credited to the Aon Common Stock Account under this Plan, plus any additions or deductions to such Account arising out of net earnings, valuation adjustments, and withdrawals or payments chargeable to the Account, shall be determined as of each Valuation Date as if such amounts had been invested in Ordinary Shares.
If any deferral is allocated to an Investment Account other than the Aon Common Stock Account or Aon General Account, such deferral shall be credited as soon as administratively feasible after the day such amount would have been payable to the Participant had it not been deferred.
Each installment shall be withdrawn proportionately from the Aon Common Stock Account and Aon General Account and whatever other Investment Accounts of the Participants exist.
Distributions from the Aon Common Stock Account for deferrals prior to November 1, 2002 must be distributed in the form of shares of Aon Common Stock, except the account balance attributable to deferrals made prior to January 1, 1999 may be paid in cash if elected by the Participant.
Distributions from the Aon Common Stock Account may be made in cash, in Aon Common Stock, or in a combination of cash and Aon Common Stock.
As of the date any cash dividends are paid on Aon common stock, each Participant's Aon Common Stock Account shall be credited with the dividends that would be paid with respect to Aon common stock on that date as if the Participant owned the stock credited under the Aon Common Stock Account.