CFI Stock definition

CFI Stock means, collectively, the CFI Common Stock and the CFI Preferred Stock.
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Examples of CFI Stock in a sentence

  • Such Preferred Stock will be automatically converted to Common Stock of CFI upon transfer to the trustee of the Company SASP and shall be placed in the CFI Stock Fund of the Company SASP as provided in (d).

  • Stock Option Plan of 1988 (the "CFI Stock Plan") that are held by Company Employees shall be amended to provide that all options shall become fully vested and exercisable 30 days prior to the Distribution.

  • Accordingly, effective as of the Distribution Date, each Company Employee who will be considered a terminated employee under the CFI Stock Plan shall have 90 days after such termination of employment (the "90 Day Period") to exercise his or her CFI-CFC Options to purchase CFI stock.

  • As of the next calendar quarter end following the third anniversary of the Distribution Date, the CFI Stock Fund shall be closed and its assets moved into another investment fund selected by each participant or, for participants who fail to make a selection, by the Administrative Committee for the Company SASP.

  • The Company SASP shall provide that participants may direct the sale of shares out of the CFI Stock Fund but may not direct investment of any additional amounts into it.

  • Accounts under the TASP 401(k) are invested at the direction of participants in several funds, including a fund for common stock of CFI (the "CFI Stock Fund").

  • The Company common stock distributed on shares of CFI common stock held for TASP participants who are not Company Employees in the CFI Stock Fund and in the TASP ESOP shall become the assets of the Company Stock Fund.

  • Common stock of CFI held in accounts of Company Employees in the TASP 401(k) and the TASP ESOP shall be transferred in kind in the spinoff and merger and shall be placed initially in the CFI Stock Fund of the Company SASP, credited to the participant-directed accounts of such Company Employees.

  • As of the next calendar quarter end following the third anniversary of the Distribution Date, the CFI Stock Fund shall be closed and its assets moved into another investment fund selected by each participant or, for participants who fail to make a selection, by the Company.

  • The Company TASP shall provide that participants may direct amounts out of the CFI Stock Fund but may not direct investment of any additional amounts into it.