Employer Common Stock definition

Employer Common Stock. PEI Common Stock in the case of Retained Employees and PEI Terminees and PriceSmart Common Stock in the case of PriceSmart Employees.
Sample 1Sample 2
Employer Common Stock means Hilton Common Stock with respect to Hilton Individuals, and Park Place Common Stock with respect to Park Place Individuals.
Sample 1Sample 2
Employer Common Stock means Company Common Stock with respect to Company Individuals and Lakes Common Stock with respect to Lakes Individuals.
Sample 1Sample 2

Examples of Employer Common Stock in a sentence

  • The Employer Common Stock Fund shall consist of stock of the Company and cash or cash equivalents needed to meet obligations of such fund or for the purchase of stock of the Company.

  • In addition to the Employer Common Stock Fund, all or any portion of the remaining Trust Fund may consist of Shares.

  • To the extent practicable, all available assets of the Employer Common Stock Fund shall be used to purchase Shares, which shall be held by the Trustee and allocated to Participant Accounts until distribution in kind or sale for distribution of cash to Participants or Beneficiaries or until disposition is required to implement changes in investment designations.

  • Each Investment Fund (other than the Employer Common Stock Fund) shall be established by the Trustee at the direction or with the concurrence of the Administrative Committee.

  • To the extent practicable, all available assets of the Employer Common Stock Fund shall be used to purchase Shares, which shall be held by the Trustee and allocated to Participant Accounts until distribution in kind of sale for distribution of cash to Participants or Beneficiaries or until disposition is required to implement changes in investment designations.

  • Except as provided by Federal law, the Plan shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania, except for provisions relating to Employer Common Stock, which shall be governed by and construed in accordance with the laws of the State of Delaware.

  • The Administrative Committee may restrict the ability of any person covered under Section 16 of the Securities Exchange Act of 1934, as amended, or any other corporate insider of the Employer to direct the investment of his Account in the Employer Common Stock Fund.

  • In no event shall Participants be permitted to direct that any portion of their Accounts and/or any additional contributions be invested in the Employer Common Stock Fund until Cardinal Health, Inc., the Plan, the Trustee and all other relevant parties have fully complied with such requirements, including, but not limited to, federal and state securities laws, as the Administrative Committee has determined to be applicable.

  • Notwithstanding the foregoing, in the event that the Plan Administrator offers Employer Common Stock as an investment option in the Plan, the Plan Administrator shall segregate such Employer Common Stock and shall hold such Employer Common Stock in a rabbi trust established for such purpose.

  • Accordingly, there are no restrictions on the rights of a Participant, Former Participant or Beneficiary to diversify any amounts credited to his or Account within the Employer Common Stock Fund.


More Definitions of Employer Common Stock

Employer Common Stock means common stock of Mid-Tier or Company, as applicable.
Sample 1Sample 2

Related to Employer Common Stock

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

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

  • 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.

  • 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.

  • Employer Stock means any class of common stock of Quest Diagnostics or the preferred stock of Quest Diagnostics that is convertible into common stock.

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

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

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

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

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

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

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

  • Borrower Common Stock means the common stock of the Borrower.

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

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

  • 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).

  • Class A Common Stock means the Class A Common Stock, par value $.01 per share, of the Company.

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

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

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

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

  • Acquiror Common Stock means the common stock, $0.001 par value per share, of Acquiror.

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

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Target Common Stock means the common stock, $.0001 par value per share, of Target.

  • Fully-Diluted Common Stock means, at any time, the then outstanding Common Stock of the Company plus (without duplication) all shares of Common Stock issuable, whether at such time or upon the passage of time or the occurrence of future events, upon the exercise, conversion or exchange of all then outstanding Common Stock Equivalents.