Incentive Account definition

Incentive Account means the account credited with the number of Incentive Units equal to the number of ’shares of restricted stock or performance stock awarded to a Participant under an Incentive Plan and deferred by such Participant hereunder.
Incentive Account means the bookkeeping account described in Section 6.1(f).
Incentive Account means the notional account maintained for each Participant to whom Awards have been granted and credited as provided in Section 2.3.

Examples of Incentive Account in a sentence

  • The Incentive Account shall be funded with any Economic Incentives (which shall be treated in accordance with Section 14.4) received by the Company in cash.

  • Notwithstanding anything to the contrary herein, in no event shall any funds in the Incentive Account constitute Distributable Cash or Extraordinary Receipts or, to the extent permitted by Applicable Law, be otherwise available to satisfy Company obligations unless otherwise agreed to by Intel Member.

  • At all times, the Company shall maintain a segregated account (the “Extraordinary Receipts Account”), separate from the Operating Account and the Incentive Account.


More Definitions of Incentive Account

Incentive Account. When an employee reaches a maximum of 70 sick leave days in their account, any sick days that are earned and not used above the maximum of 70 days, the district will recognize those unused days in this manner: Fifty percent (50%) of any days not used in a given school year will be put into an incentive account which will be payable to the individual upon leaving employment from the school district at their current hourly rate at that time of employment. The days accrued will be converted to hours each year so when the employee leaves district employment, that number of hours will be paid at their currently hourly rate directly into the employee’s MSRS Post- Retirement Health Care Savings Plan account. The School District’s contribution(s) into the employee’s MSRS account will be made within 60 calendar days after the employee’s effective date of termination of employment.
Incentive Account means the account credited with (1) the number of Incentive Units equal to the number of shares of restricted stock or performance stock awarded to a Participant under an Incentive Plan and deferred by such Participant hereunder and (2) the Dividend Equivalent Units on such Incentive Units as determined under Section 4.3.
Incentive Account means an account established and maintained by the President pursuant to Plan Section 4.2 to record a portion of the revenue attributable to a particular group of Incentive Interests under the Plan.
Incentive Account is defined in Section 4.1(d).
Incentive Account is defined in Section 2.1(b).

Related to Incentive Account

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Inactive Account means a trader’s Account which had Client-Initiated activity and subsequently it remained inactive for a period of 90 days.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.