ITT Common Stock definition

ITT Common Stock means the issued and outstanding shares of common stock of ITT, par value $1 per share.
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ITT Common Stock has the meaning set forth in the recitals to this Agreement.
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ITT Common Stock has the meaning set forth in the Distribution Agreement.
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Examples of ITT Common Stock in a sentence

  • As soon as practicable on or after the Distribution Date, each U.S. Qualified DC Plan identified on Schedule 4(a)(i) that invests in ITT Common Stock will maintain stock funds for each of ITT Common Stock, Water Common Stock and Defense Common Stock (each as adjusted for the Distribution) for a period as determined by the fiduciaries of each such U.S. Qualified DC Plan.

  • On or about the first business day following the Distribution Date, ITT will instruct the Transfer Agent to mail to each shareholder of record on the Distribution Record Date a letter of transmittal and instructions for use in surrendering such shareholder's certificates representing shares of ITT Common Stock.

  • Upon receipt from each shareholder of a letter of transmittal, properly completed, and the shareholder's certificates representing shares of ITT Common Stock, the Transfer Agent will issue in accordance with the directions contained in the completed letter of transmittal, three separate certificates representing shares of ITT Industries, New ITT and ITT Hartford, respectively.

  • Each shareholder should immediately complete and sign the letter of transmittal and return it, along with such shareholder's certificates representing shares of ITT Common Stock, to the Transfer Agent at the address set forth on the letter of transmittal.

  • Upon any exchange of a portion of a temporary Global Security for a definitive Global Security or for the individual Securities represented thereby pursuant to this Section 304 or Section 305, the temporary Global Security shall be endorsed by the Trustee to reflect the reduction of the principal amount evidenced thereby, whereupon the principal amount of such temporary Global Security shall be reduced for all purposes by the amount so exchanged and endorsed.

  • NEW ITT DIVIDEND POLICY New ITT does not intend to pay cash dividends on New ITT Common Stock for the foreseeable future after the Distribution.

  • Upon the effectiveness of the Reincorporation, each outstanding share of ITT Common Stock will be automatically converted into one share of ITT Industries Common Stock.

  • THE DISTRIBUTION SHARES TO BE DISTRIBUTED The Distribution will be made to holders of record on the Distribution Record Date of issued and outstanding shares of ITT Common Stock.

  • DISTRIBUTION: the distribution on the Distribution Date to holders of record of shares of ITT Common Stock and ITT Series N Preferred Stock as of the Distribution Record Date of the Rayonier Common Shares owned by ITT on the basis of one Rayonier Common Share for each outstanding four shares of ITT Common Stock and one Rayonier Common Share for each outstanding 3.1595 shares of ITT Series N Preferred Stock.

  • The participants in the ITT Investment and Savings Plan for Salaried Employees (the "ITT Investment and Savings Plan") will be provided with a proxy in respect of the Distribution Proposals in their capacities as beneficial owners of ITT Common Stock.


More Definitions of ITT Common Stock

ITT Common Stock has the meaning set forth in the preamble to this Agreement.
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ITT Common Stock has the meaning set forth in the recitals to this Agreement. “ITT Director Plans” has the meaning set forth in Article IX of this Agreement. “ITT Employees” means persons who, immediately after the Distribution Date, are employed by ITT, including such persons absent from work at ITT by reason of layoff, leave of absence or disability. “ITT Group” means ITT and its affiliates prior to the Distribution. “ITT Indemnitees” has the meaning set forth in the Distribution Agreement. “ITT Plans” means the ITT Deferred Compensation Plan, the ITT Defined Benefit Plans, the ITT Defined Contribution Plans, the ITT Director Plan, the ITT Excess Pension Plan, the ITT Excess Savings Plan, the ITT Non-Qualified Plans, the ITT Non-US H&W Plans, the ITT Non-US Pension Plans, the ITT Non-US Unfunded Plans, the ITT Long-Term Disability Plan, the ITT Stock Plans and any other plan, program or arrangement maintained for the benefit of ITT Employees prior to the Distribution Date. “ITT Retained Business” has the meaning set forth in the Distribution Agreement. “ITT Retiree” means any retired employee of ITT or any of its predecessors. “ITT stock awards” has the meaning set forth in Section 7 of this Agreement. Table of Contents
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Related to ITT Common Stock

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

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

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

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

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

  • 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.

  • Pubco Common Stock means all classes and series of common stock of Pubco, including the Class A Common Stock and Class B Common Stock.

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

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.

  • Amalco Common Shares means the common shares in the capital of Amalco;

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

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

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

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

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

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

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

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

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.

  • Parent Common Shares means the common shares of beneficial interest, $0.01 par value per share, of Parent.

  • Common Shares means the common shares in the capital of the Corporation;

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

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

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

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

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