Common Stock Account means the account established with, and maintained by, the Custodian for the purpose of holding Common Stock purchased pursuant to this Plan.
Common Stock Account means the investment account established under the Plan for bookkeeping purposes in which a Participant may elect to have his or her Participant Deferrals credited. Participant Deferrals and Corporate Contributions invested in the Common Stock Account shall be credited based on a bookkeeping allocation of KeyCorp Common Shares (both whole and fractional rounded to the nearest one-hundredth of a share), which shall be equal to the amount of Participant Deferrals and Corporate Contributions invested in the Common Stock Account. The Common Stock Account shall also reflect on a bookkeeping basis all dividends, gains, and losses attributable to such Common Shares. All Corporate Contributions and all Participant Deferrals credited to the Common Stock Account shall be based on the New York Stock Exchange’s closing price for such Common Shares as of the day such Participant Deferrals are credited to the Participants’ Plan Accounts.
Common Stock Account means the account established for each Participant to hold Common Stock purchased under the Plan pursuant to Section 6.
Examples of Common Stock Account in a sentence
All Corporate Contributions credited to the Participant’s Plan Account shall be invested for bookkeeping purposes in the Plan’s Common Stock Account.
Such amounts shall be transferred, in the case of an account denominated in cash, to the Cash Account, in the case of a transferred account denominated in Olin Common Stock, to the Olin Stock Account, and in the case of an account denominated in Common Stock to the Common Stock Account.
If the aggregate number of shares credited to a Common Stock Account shall not be divisible into whole shares by the applicable number of installments, each installment except the last shall consist of the nearest number of whole shares into which such aggregate number of shares shall be divisible by the applicable number of installments.
Investment Accounts shall include the Plan’s (1) Interest Bearing Account, (2) Common Stock Account, and (3) Investment Funds.
An employee who in 1993 deferred a potential incentive compensation award with respect to performance in 1994 and elected either a Treasury Bill Account or a Treasury Note Account may elect prior to June 30, 1994 to defer such award for 1994 to the Common Stock Account.
More Definitions of Common Stock Account
Common Stock Account means the common stock account established in the name of an employee or independent contractor, as specified in Section 6(h).
Common Stock Account means the investment account established under the Plan for bookkeeping purposes in which the Participant shall have his or her Deferred Bonus credited. A Participant’s Deferred Bonus shall be credited based on a bookkeeping allocation of KeyCorp Common Shares (both whole and fractional rounded to the nearest one-hundredth of a share) (“Common Shares”), which on the date credited shall be equal in market value (as determined under the last sentence of this Section 2.1(d)) to the amount of the Deferred Bonus. The Common Stock Account shall also reflect on a bookkeeping basis all dividends, gains, and losses attributable to such Common Shares. All Deferred Bonuses credited to the Common Stock Account shall be based on the New York Stock Exchange’s closing price for such Common Shares as of the day such Deferred Bonus is credited to the Participant’s Plan Account.
Common Stock Account means the bookkeeping account established by the Corporation for each Participant under a Deferred Compensation Plan, in which a Participant may elect to have his or her Participant Deferrals credited in the form of Common Shares, and which shall reflect all Participant Deferrals, Corporate Contributions and dividends and other distributions, gains and losses credited in the form of Common Shares, in accordance with the terms of the applicable Deferred Compensation Plan.
Common Stock Account means an account established for each Participant to be credited with the Stock Unit portion, if any, of Performance Awards. The Common Stock Account shall consist of separate sub-accounts for Stock Units credited, if any, with respect to each Performance Year.
Common Stock Account means the investment account established under the Plan for bookkeeping purposes, in which a Participant may elect to have his or her Discretionary Bonus Awards credited. Discretionary Bonus Awards invested in the Common Stock Account shall be credited based on a bookkeeping allocation of KeyCorp Common Shares (both whole and fractional rounded to the nearest one-hundredth of a share) that shall be equal to the amount of Discretionary Bonus Awards and Corporate Contributions invested by the Participant and by the Corporation in the Common Stock Account. The Common Stock Account shall also reflect on a bookkeeping basis all dividends, gains, and losses attributable to such Common Shares. All Corporate Contributions and all Discretionary Bonus Awards credited to the Common Stock Account, shall be based on the ten-day average of the New York Stock Exchange’s closing price for such Common Shares immediately preceding, up to, and including the day such Discretionary Bonus Awards and Corporate Contributions are credited to the Participants’ Plan Account.
Common Stock Account means the investment account established under the Plan for bookkeeping purposes, in which a Participant may elect to have his or her Participant Deferrals credited. Participant Deferrals to the Common Stock Account shall be credited based on a bookkeeping allocation of KeyCorp Common Shares (both whole and fractional rounded to the nearest one-hundredth of a share) which shall be equal to
Common Stock Account means the common stock account established in the name of a Grantee, as specified in Section 6(i) of the Plan.