Deferred Stock Equivalent Account definition
Deferred Stock Equivalent Account means the bookkeeping account established by the Company in respect to each Director pursuant to Section 5.3 hereof and to which shall be credited the fees deferred by the Director as provided in the Plan and the Common Stock Equivalents into which such deferred fees are deemed invested pursuant to the Plan.
Deferred Stock Equivalent Account or “Account” means the bookkeeping account established by the Company in respect to each Deferred Cash Participant, to which shall be credited the amounts deferred by such Participant and, in the case of a Non-Employee Director, Company matching deferrals, as provided in the Sub-Plan and converted into fully vested RSUs pursuant to the Sub-Plan.
Deferred Stock Equivalent Account means the bookkeeping account established by the Company in respect to each LTIP Employee pursuant to Section 5.3 hereof and to which shall be credited the amounts of Annual Bonus Compensation and/or Long Term Bonus Compensation deferred by the LTIP Employee as provided in the Plan and the Common Stock Equivalents into which such deferred compensation are deemed invested pursuant to the Plan.
More Definitions of Deferred Stock Equivalent Account
Deferred Stock Equivalent Account means the bookkeeping account established by the Company in respect to each LTIP Employee pursuant to Section 5.1 hereof and to which shall be credited the amounts of Annual Bonus Compensation and/or Long Term Bonus Compensation deferred by the LTIP Employee as provided in the Plan and converted into Common Stock Equivalents pursuant to the Plan. The Administrator maintains separate subaccounts (each a “Subaccount”) within each LTIP Employee’s Deferred Stock Equivalent Account with respect to Annual Bonus Compensation and/or Long-Term Bonus Compensation for which a deferral election is made during the same election period under Section 4.2.
Deferred Stock Equivalent Account means the bookkeeping account established by the Company in respect to each Director pursuant to Section 6.1 hereof and to which shall be credited the fees deferred by the Director as provided in the Plan and related Company matching deferral pursuant to Section 5.4, and the Common Stock Equivalents into which such deferred fees and matching credits are deemed invested pursuant to the Plan. The Company shall maintain separate subaccounts (each a “Subaccount”) within each Director’s Deferred Stock Equivalent Account with respect to fees deferred under the Plan for each separate calendar year and Company matching deferral attributable to such fees.