Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.
Phantom Stock means the right, granted pursuant to Section 9, to receive in cash or shares the Fair Market Value of a share of Company Stock.
Phantom Stock means Awards under Section 9.
Examples of Phantom Stock in a sentence
Cash dividend equivalents may be paid during or after the vesting period with respect to a Phantom Stock Award, as determined by the Committee.
At the time of the grant of shares of Phantom Stock, the Committee shall establish a Vesting Date or Vesting Dates with respect to such shares.
The Committee shall establish, with respect to and at the time of each Phantom Stock Award, a period over which or the event upon which the Award shall vest with respect to the Holder.
The terms and provisions of the respective Phantom Stock Award Agreements need not be identical.
Payment of a Phantom Stock Award may be made in cash, Common Stock, or a combination thereof as determined by the Committee.
More Definitions of Phantom Stock
Phantom Stock means a hypothetical share of Common Stock issued as phantom stock under the Plan.
Phantom Stock means an Award granted under Section 6.9.
Phantom Stock means an Award under Section 10 hereof entitling a Participant to a payment at the end of a vesting period of a unit value based on the Fair Market Value of a share of Common Stock.
Phantom Stock means a right, granted to a Participant under Section 6(e) hereof, to receive Stock, cash or a combination thereof at the end of a specified deferral period.
Phantom Stock means the right, granted pursuant to Section 11 of the Plan, to receive in cash the Fair Market Value of a share of Common Stock.
Phantom Stock means an Award under Section 10 hereof entitling a Participant to a payment based on a measure of value expressed as a share of Common Stock (“Phantom Stock Unit”). No stock certificates shall be issued with respect to such Phantom Stock Units, but AEP shall maintain a bookkeeping account in the name of the Participant to which the Phantom Stock Units shall relate.