Examples of Restricted Stock Subaccount in a sentence
No further deferrals will be allowed to the Deferred Restricted Stock Subaccount by the Participant under this Plan, unless the Plan administrator determines otherwise.
The Deferred Restricted Stock Subaccount will be adjusted on each Annual Valuation Date (and at such other dates, if any, as may be determined by the Plan Administrator) as if it were invested in Shares to reflect any distributions, stock dividends, stock splits or similar actions with respect to the Shares since the preceding Annual Valuation Date (or such other date).
The Company shall establish a Deferred Restricted Stock Subaccount for each Participant under the Plan who has Deferred Vested Value Subaccount credits in the Prior Plan Transfer Account being transferred from the Prior Plan.
Each Transferred Stock Subaccount and Transferred Restricted Stock Subaccount shall be administered consistent with the dividend and vesting provisions of Article III, Sections 1(b) and 1(c) above.
The Company shall establish a Deferred Restricted Stock Subaccount and a Deferred Vested Value Subaccount for each Participant under the Plan who has Deferred Restricted Stock Subaccount or Deferred Vested Value Subaccount credits in the Prior Plan Transfer Account being transferred from the Prior Plans.
No further deferrals will be allowed to the Deferred Restricted Stock Subaccount or Deferred Vested Value Subaccount by the Participant under this Plan, unless the Plan Administrator determines otherwise.
The Deferred Restricted Stock Subaccount and Deferred Vested Value Subaccount will be adjusted on each Annual Valuation Date (and at such other dates, if any, as may be determined by the Plan Administrator) as if they were invested in Acuity Shares to reflect any distributions, stock dividends, stock splits or similar actions with respect to the Acuity Shares since the preceding Annual Valuation Date (or such other date).
The Participant’s Deferred Restricted Stock Subaccount and Deferred Vested Value Subaccount will be adjusted on each Annual Valuation Date (and at such other dates, if any, as may be determined by the Plan Administrator) to reflect the cash equivalent of any dividends with respect to the Acuity Shares since the preceding Annual Valuation Date (or such other date).
A Participant’s interest in the amount credited to his Deferred Restricted Stock Subaccount and Deferred Vested Value Subaccount shall vest in accordance with the terms of the underlying award agreement for such Restricted Stock.
All distributions from the Participant’s Deferred Restricted Stock Subaccount shall be made in a lump sum.