Restricted Stock Account definition

Restricted Stock Account means (i) the sum of the Participant's Annual Restricted Stock Amounts, plus (ii) amounts credited/debited in accordance with all the applicable crediting/debiting provisions of this Plan that relate to the Participant's Restricted Stock Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Restricted Stock Account.
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Restricted Stock Account means (i) the sum of the Participant’s Restricted Stock Amounts, plus (ii) amounts credited/debited in accordance with all the applicable crediting/debiting provisions of this Plan that relate to the Participant’s Restricted Stock Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Restricted Stock Account. The Restricted Stock Account balance shall be denominated in Stock Units.
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Restricted Stock Account means the aggregate value, measured on any given date, of (i) the number of shares of Restricted Stock deferred by a Participant as a result of all Restricted Stock Amounts, plus (ii) the number of additional shares credited to a Participant’s Restricted Stock Account as a result of the deemed reinvestment of dividends in accordance with this Plan, less (iii) the number of shares of Restricted Stock previously distributed to the Participant or his or her Beneficiary pursuant to this Plan, subject in each case to any adjustments to the number of such shares determined by the Committee with respect to the Noven Pharmaceuticals, Inc. Stock Unit Fund pursuant to Section 3.10. This portion of the Participant’s Account Balance shall only be distributable in actual shares of Stock.
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Examples of Restricted Stock Account in a sentence

  • Grantee shall have the right to vote with respect to all of the Award Shares which are outstanding and credited to the Restricted Stock Account as of a record date for determining stockholders of the Company entitled to vote, whether or not such Award Shares are vested in Grantee as of such record date.

  • Grantee will have the right to vote with respect to all of the Award Shares which are outstanding and credited to the Restricted Stock Account as of a record date for determining stockholders of the Company entitled to vote, whether or not such Award Shares are vested in Grantee as of such record date.

  • The Participant's rights to the Restricted Stock Account shall be no greater than that of a general creditor of the Company.

  • Such amounts shall be credited to the Restricted Stock Account and shall be payable to the Participant on the Vest Date.

  • Every credit of Restricted Stock under this Plan to a Restricted Stock Account shall be considered "contingent" and unfunded until the Vest Date.


More Definitions of Restricted Stock Account

Restricted Stock Account means the portion of a Participant’s Account that is separately accounted for and to which Restricted Stock Units are credited pursuant to Article III, Section 1.
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Restricted Stock Account means the portion of a Participant’s Stock Account that is separately accounted for and to which Restricted Stock Units are credited.
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Restricted Stock Account means the shares of Restricted Stock deferred by a Participant as a result of all Annual Restricted Stock Amounts on or before December 31, 2004 under the Prior Plan Statement. Effective January 1, 2005, deferrals of Annual Restricted Stock Amounts shall no longer made to the Plan.
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Restricted Stock Account means (i) the sum of the Participant’s Restricted Stock Amounts, plus (ii) amounts credited/debited in accordance with all the applicable
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Restricted Stock Account means any participant account under the 401(k) Plan to which Xxxxxx Shares have been allocated pursuant to the 75% matching provision or otherwise and from which the Xxxxxx Shares could not be transferred to another investment fund at the direction of the participant.
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Restricted Stock Account means the aggregate value, measured on any given date, of (i) the number of shares of Restricted Stock deferred by a Participant as a result of all Annual Restricted Stock Amounts, plus (ii)
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Restricted Stock Account shall consist of the following subaccounts:
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