Examples of Restricted Stock Deferrals in a sentence
Distribution shall be made in cash, except that with respect to the portion of the Participant’s Account that is attributable to Restricted Stock Deferrals, the Beneficiary shall receive one (1) share of Harley-Davidson, Inc.
Distribution shall be made in cash, except that with respect to the portion of the Participant’s Account that is attributable to Restricted Stock Deferrals, the Participant shall receive one (1) share of Harley-Davidson, Inc.
The portion of the Share Unit Account attributable to Restricted Stock Deferrals shall be subject to the same risk of forfeiture as the restricted shares to which such Deferrals relate.
The Restricted Stock Subaccount of a Participant who has made and has in effect an election to make Restricted Stock Deferrals shall be credited with a number of Visteon Stock Units equal to the number of shares of Restricted Stock that would otherwise have been issued to the Participant under the Restricted Stock Plan.
A Participant may (but need not) make a Fixed Date Election, other than with respect to Restricted Stock Deferrals.
A Participant may also elect to reallocate his or her Account, and may elect to allocate any future Deferrals, among the various Investment Options in whole increments of one percent (1%) from time to time as prescribed by the Administrator; provided that Option Deferrals, Restricted Stock Deferrals and Dividend Deferrals shall not be eligible for re-allocation out of the Share Unit Account.
In Service Account shall mean a separate Account of the Cash Deferral Account and the Stock Unit Account, created whenever a Participant elects a new In Service Distribution Date (not already established with an Account) with respect to a portion, or all, of his or her Cash or Restricted Stock Deferrals, to which such portion of the deferral as is specified by the Participant is credited.
A Participant’s Restricted Stock Deferrals will be automatically credited to the Participant’s Share Unit Account.
Stock Unit Valuation Date shall mean the last business day of the month in which the In Service Distribution Date, elected by the Participant with respect to a Restricted Stock Deferral, occurs or, with respect to Restricted Stock Deferrals to be distributed upon Termination of Employment, the last business day of the month in which Termination of Employment occurs, or such other date set by the Committee in its sole discretion.
Dividends attributable to Restricted Stock Deferrals shall be distributed to you as soon as administratively practicable after the dividend payment date but in no event later than the March 15th of the calendar year following the calendar year of the dividend payment date.