Company Common Stock Fund definition

Company Common Stock Fund means a separate Investment Fund invested primarily in Company Common Stock.
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Company Common Stock Fund means the Fund established pursuant to Section 7.1(c).
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Company Common Stock Fund means the Fund established pursuant to Section 7.1(c). The Company Common Stock Fund is intended to qualify as an employee stock ownership plan under Code section 4975(e)(7).
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Examples of Company Common Stock Fund in a sentence

  • Common shares of the Timken Company are traded on a national securities exchange and participation units in The Timken Company Common Stock Fund are valued at the last reported sales price on the last business day of the plan year.

  • Such distributions are generally paid in the form of cash; however, if the Participant has investments in the Company Common Stock Fund, the Participant may elect to have an in-kind distribution of those funds.Generally, to the extent a Participant has not requested a distribution by the time he or she reaches age 70 1/2, required minimum distributions will be made consistent with the terms and conditions of the Plan and the requirements of the IRC.

  • The COVID-19 pandemic has affected and may continue to affect the market price of the Timken Company Common Stock Fund and other Plan assets.

  • In addition, Participants may elect to have dividends paid on their investment in the Company Common Stock Fund either reinvested in the Company Common Stock Fund or paid to them in cash, and they can transfer all or part of their investment in the Company Common Stock Fund to the other investment options offered by the Plan.

  • The Company matches 100% of the first six percent of eligible compensation.Participants may elect to invest all or a portion of their contributions to the Plan in the Company Common Stock Fund.

  • Such distributions are generally paid in the form of cash; however, if the Participant has investments in the Company Common Stock Fund, the Participant may elect an in-kind distribution of those funds.Generally, to the extent a Participant has not requested a distribution by the time he or she reaches age 701/2, required minimum distributions will be made consistent with the terms and conditions of the Plan and the requirements of the IRC.

  • The provision of this Amendment No. 2 shall commence and be effective from the date of Government’s approval of assignment being August 24, 2006, (the “Effective Date”).

  • The investment in the Company Common Stock Fund can be withdrawn in the form of stock at the option of Plan participants.

  • No Participant may direct the investment of any of his then-existing Account balances into the Company Common Stock Fund.

  • On January 1, 2021, the Plan was amended to eliminate the Timken Company Common Stock Fund and TimkenSteel Corporation Stock Fund as investment options, effective December 30, 2022.

Related to Company Common Stock Fund

  • Company Common Stock means the common stock, par value $0.01 per share, of the Company.

  • Company Common Shares means the common shares in the capital of the Company;

  • Company Stock Fund means a hypothetical investment fund pursuant to which Deferred Stock Units are credited with respect to a portion of an Award subject to an Election, and thereafter until (i) the date of distribution or (ii) the effective date of a Diversification Election, to the extent a Diversification Election applies to such Deferred Stock Units, as applicable. The portion of a Grantee’s Account deemed invested in the Company Stock Fund shall be treated as if such portion of the Account were invested in hypothetical shares of Common Stock or Special Common Stock otherwise deliverable as Shares upon the Vesting Date associated with Restricted Stock or Restricted Stock Units, and all dividends and other distributions paid with respect to Common Stock or Special Common Stock were held uninvested in cash and credited with interest at the Applicable Interest Rate as of the next succeeding December 31 (to the extent the Account continues to be deemed credited in the form of Deferred Stock Units through such December 31).

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.

  • Outstanding Company Common Stock means the outstanding shares of Common Stock, par value $1 per share, of the Company;

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Company Stock Option Plans shall have the meaning set forth in Section 3.07(a).

  • Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

  • Stock Fund means that portion of the Trust Fund consisting of Stock.

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • Holdings Common Stock means the common stock of Holdings, par value $.01 per share.

  • Company Stock Option Plan means each share option plan, share award plan, share appreciation right plan, phantom share plan, share option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any share, option, warrant or other right to purchase or acquire shares of the Company or right to payment based on the value of Company shares has been granted or otherwise issued.

  • Class V Common Stock means the Class V common stock, par value $0.0001 per share, of the Corporation.

  • Class B Common Stock means the Class B common stock, par value $0.0001 per share, of the Company.

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

  • Parent Stock Plans has the meaning set forth in Section 4.5(a).

  • Series B Common Stock means the Series B Common Stock, par value $0.01 per share, of the Company.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Founders’ Common Stock means all of the shares of Common Stock of the Company acquired by an Insider prior to the IPO for a price of approximately $0.005875 per share;

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.