Deferred Stock Unit Account definition

Deferred Stock Unit Account means an account established and maintained by the Company for each Nonemployee Director who receives Stock Units under the Plan.

Deferred Stock Unit Account means the bookkeeping account established for each Deferral Participant in accordance with Section 2 of Article VI.

Deferred Stock Unit Account means the separate account maintained on the books of the Company for each Participant pursuant to Section 4.

Examples of Deferred Stock Unit Account in a sentence

• For purposes hereof, a Participant's Deferral Benefit shall be the balance in his Deferred Cash Account and his Deferred Stock Unit Account at the time in question.

• The balance in a Participant's Deferred Cash Account and Deferred Stock Unit Account.

• Separate subdivisions of the Deferred Stock Unit Account shall be maintained to reflect Deferral Contributions made and Deferral Benefits attributable with respect to each Deferral Year and within each Deferral Year, the Deferral Contributions and Deferral Benefits attributable to Deferral Contributions of Retainer and Deferral Contributions of Additional Fees.

• The Deferred Stock Unit Account of a Participant consists of his Deferral Contributions made under the Plan with respect to Compensation earned after April 1, 1998.

• No withdrawals or other distributions shall be permitted from the Deferred Cash Account and Deferred Stock Unit Account except as provided in Article VII.

More Definitions of Deferred Stock Unit Account

Deferred Stock Unit Account means a bookkeeping account maintained by the Company reflecting the number of Deferred Stock Units credited to a Participant pursuant to Section 6.2 hereof as a result of the Participant’s Stock Election.

Deferred Stock Unit Account means the bookkeeping account established under these Plan by the Company for each Participant, in which shall be reflected amounts credited as deferred stock units.

Deferred Stock Unit Account means a bookkeeping account established under the Plan for each Participant electing to defer a Stock Unit Award under Section 3.1.

Deferred Stock Unit Account means the notational account established pursuant to Article 5 to record the Net Shares deferred by the Participant and the dividend equivalents with respect to such Net Shares.

Deferred Stock Unit Account means a bookkeeping account established and maintained on behalf of a Director which is denominated in Deferred Stock Units pursuant to Article 5 of the Plan

Deferred Stock Unit Account means a bookkeeping account maintained by the Company reflecting the number of Deferred Stock Units credited to a Participant pursuant to Section 8.2 and/or 8.3 hereof.

Deferred Stock Unit Account means an Account established for each Participant by the Committee with respect to the bookkeeping of such Participant’s Director Fees and/or LTI deferred as Deferred Stock Units by the Participant pursuant to a Deferral Election.