Option Dividend Equivalent Account definition

Option Dividend Equivalent Account means the bookkeeping account maintained by the Company on behalf of each Participant that is credited with Dividend Equivalents in accordance with Section 4.7, and includes each Distribution Subaccount.
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Option Dividend Equivalent Account means the bookkeeping account
Sample 1
Option Dividend Equivalent Account means the bookkeeping account maintained by the Company on behalf of each Participant that is credited with Dividend
Sample 1

Related to Option Dividend Equivalent Account

  • Dividend Equivalent Right means an Award entitling the grantee to receive credits based on cash dividends that would have been paid on the shares of Stock specified in the Dividend Equivalent Right (or other award to which it relates) if such shares had been issued to and held by the grantee.

  • Dividend Equivalent means a right to receive the equivalent value (in cash or Shares) of dividends paid on Shares, awarded under Section 9.2.

  • Stock Unit means a bookkeeping entry representing the equivalent of one Share, as awarded under the Plan.

  • Stock Unit Account means the bookkeeping account established by the Company pursuant to Section 6.4.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Deferred Stock means a right to receive a specified number of shares of Stock during specified time periods pursuant to Article 8.

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.