Deferred Stock definition

Deferred Stock means a right to receive a specified number of shares of Stock during specified time periods pursuant to Article 8.

Deferred Stock means an award made pursuant to Section 8 below of the right to receive Stock at the end of a specified deferral period.

Deferred Stock means Stock to be received, under an award made pursuant to Section 9, below, at the end of a specified deferral period.

Examples of Deferred Stock in a sentence

• This Deferred Stock Grant is fully vested and nonforfeitable at all times.

• The Committee shall cause periodic statements of account to be delivered to the Director, at such time or times as the Committee may determine in its sole discretion, showing the number of Deferred Shares then subject to this Deferred Stock Grant.

• Deferred Stock must conform in form and substance with applicable regulations promulgated under Section 409A of the Code and with Article 16 to ensure that the Grantee is not subjected to tax penalties under Section 409A of the Code with respect to such Deferred Stock.

• Delivery of Shares subject to a Deferred Stock grant will occur upon expiration of the deferral period or upon the occurrence of one or more of the distribution events described in Section 409A(a)(2) of the Code as specified by the Committee in the Grantee’s Award Agreement for the Award of Deferred Stock.

• Deferred Stock Units shall be credited to the Account as of the Date an Initial Deferral Election becomes effective.

More Definitions of Deferred Stock

Deferred Stock means a right to receive Shares awarded under Section 10.4.

Deferred Stock means a right to receive Shares, including Restricted Stock, cash measured based upon the value of Shares or a combination thereof, at the end of a specified deferral period.

Deferred Stock means a right, granted to a Participant under Section 6(e) hereof, to receive Stock, cash or a combination thereof at the end of a specified deferral period.

Deferred Stock means a right, granted under Article 10, to receive Shares at the end of a specified deferral period.

Deferred Stock means a right to receive Shares awarded under Section 9.4 hereof.

Deferred Stock means an Award made under Section 6 of the Plan to receive Common Stock at the end of a specified Deferral Period.

Deferred Stock means a right to receive Shares, including Restricted Stock, cash or a combination thereof, at the end of a specified deferral period.