Examples of Enterprise Common Stock in a sentence
The beneficiary may elect to have such payment made in money by check, or may elect to have any whole shares of Enterprise Common Stock held for the deceased Participant's Enterprise Common Stock Fund subaccount and ESOP Account distributed in shares of Enterprise Common Stock and the balance of the deceased Participant's Account (including the value of any fractional shares of Enterprise Common Stock) paid in money by check.
Any distributions received by the Plan with respect to Enterprise Common Stock allocated to a Participant's ESOP Account shall be allocated to such ESOP Account.
Each Participant shall be entitled to direct the Trustee as to the manner in which voting rights attributable to Enterprise Common Stock (including fractional shares or fractional rights to shares) allocated to such Participant's ESOP Account are to be exercised.
As provided in Section 7.2 with respect to the Enterprise Common Stock Fund, all voting discretion with respect to stock held in a Participant's ESOP Account, including the power to decide whether or not to tender Enterprise Common Stock in connection with a tender offer, shall be vested in the Trustee.
Each ESOP Account shall be maintained on the basis of shares of Enterprise Common Stock allocated to such ESOP Account, with each ESOP Account being credited with the number of full and fractional shares of Enterprise Common Stock so allocated.
Unless otherwise directed as hereinafter provided, dividends paid in cash with respect to Enterprise Common Stock allocated to a Participant's ESOP Account shall be distributed to the Participant as soon thereafter as practicable and, in any event, not later than 90 days after the close of the Plan Year in which paid.
Enterprise Common Stock delivered to the Trustee pursuant to a stock dividend, stock split or reorganization, shall be allocated to the ESOP Account of Participants in that proportion which the shares of each Participant's ESOP Account bears to the total shares of all Participants' ESOP Accounts.
Any such shares credited to a Participant's account shall be acquired in the same manner as shares acquired for the Enterprise Common Stock Fund established pursuant to Section 7.2, be invested in that Fund and not be available for transfer to any other Fund or withdrawal from the Plan prior to the Participant's termination of employment by the Company or any Affiliate.
Enterprise shall prepare, file and pursue an application to permit listing of the Enterprise Common Stock on the NYSE, subject to official notice of issuance.
All Assets held in trust to fund the HP Benefit Plans and all insurance policies funding the HP Benefit Plans shall be Excluded Assets (as defined in the Separation Agreement), except (A) to the extent specifically provided otherwise in this Agreement or in any Transfer Document and (B) any shares of Enterprise Common Stock received by the Israeli trust funding HP Options and HP RSU Awards covered by Section 102 of the Israeli Income Tax Ordinance [New Version] 1961 shall be Enterprise Assets.