Stock Benefits definition

Stock Benefits means any offering, plan or agreement between the Company and any Employee that grants stock, stock options or stock appreciation rights in the Company to such person, including, without limitation, restricted stock or any other stock grant. Stock Benefits shall not include employee stock ownership plans or employee stock purchase plans.
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Stock Benefits means any offering, plan or agreement between the Company and any Insured Person thereof, which grants stock or stock options or stock appreciation rights to such individual, including but not limited to stock options, restricted stock or any other stock grant, but not including employee stock ownership plans or employee stock purchase plans.
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Stock Benefits means any offering, plan or agreement between any Insured Organization and any Insured Person granting stock, stock options or stock appreciation rights in any Insured Organization to such Insured Person, including, without limitation, restricted stock or any other stock grant. Notwithstanding the foregoing, Stock Benefits shall not include employee stock ownership plans or employee stock purchase plans.
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Examples of Stock Benefits in a sentence

  • With respect to those individuals who subsequent to the Merger will be subject to the reporting requirements under Section 16(a) of the Exchange Act with respect to equity securities of the Surviving Corporation, the Surviving Corporation shall administer such Surviving Corporation Stock Benefits, where applicable, in a manner that complies with Rule 16b-3 promulgated under the Exchange Act.

  • The Surviving Corporation shall take all corporate action necessary or appropriate to obtain shareholder approval with respect to the Surviving Corporation Stock Benefits to the extent such approval is required for purposes of the Code or other applicable law.

  • A Participant has no control over Deferred Stock Benefits except according to his/her Deferral Election Forms and Beneficiary Designation Form.

  • At this committee, any risks that need to be elevated are included in a corporate risk register that is presented quarterly to the CEO.

  • If the Executive’s employment is terminated by reason of the Executive’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than the obligation to pay or provide to the Executive an amount equal to the amount set forth in clauses (1), (2) and (3) of Section 5(a)(i)(A) above, the provision of the Stock Benefits and the timely payment or provision of Other Benefits, including any applicable disability benefits.

  • Employment Related Benefits means perquisites, fringe benefits, deferred compensation or payments (including insurance premiums) in connection with an employee benefit plan, Stock Benefits and any other payment to or for the benefit of an Employee arising out of the employment relationship.

  • Subject to subsection 13(b) of this Plan, electing Participants' Deferred Stock Benefits are governed by this section.

  • If the Company at any time increases or decreases proportionately to all holders of shares of its common stock then outstanding, whether by stock dividend, stock split, consolidation of shares, or in any other manner the number of all of its outstanding shares of such common stock held by such holders, then all Unit Stock Benefits theretofore credited and unforfeited shall be correspondingly increased or decreased with respect to the number of shares of such common stock represented thereby.

  • These severe liquidity shortages are reflected in abnormally high spreads between three months money and official Bank Rates, and have led to central banks around the globe providing additional liquidity to the markets through a variety of special funding initiatives (see Hall, 2008b, Table 1).

  • Deferred Stock Benefits are not subject to attachment or legal process for a Participant's debts or other obligations.


More Definitions of Stock Benefits

Stock Benefits means rights attaching to investments (other than voting rights) and takeover, rights or other offers relating to investments, and references to dealing with stock benefits or stock benefit situations are references to exercising any such rights and accepting any such offers or refraining from doing so. In this Agreement (including the Schedules):
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Stock Benefits means the value of any actual, beneficial or contingent rights to benefits, incentives or other compensation if such value is determined or derived in any way from the value of the securities of the Company, or if the Company is a limited liability company, the value of any ownership interest in the Company, including but not limited to, stock options, stock grants, restricted stock, stock warrants, stock performance shares or units, stock appreciation rights, or phantom stock plans or arrangements.
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Stock Benefits means any:
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Stock Benefits means: 1. any offering, plan or agreement between an Entity and any Employee which grants stock, stock options, warrants, or shares of the Entity to such Employee, including grants of stock options, restricted stock, stock warrants, performance stock shares, membership shares, or any other incentive or compensation granted in the form of securities of the Entity; or SPECIMEN 2. any instrument or payment whereby the value or amount of such instrument or payment is derived from the value of the Entity's securities, including a phantom stock plan or arrangement, or stock appreciation rights.
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Stock Benefits means any offering, plan or agreement between an Organization and any Insured Person or employee which grants stock, stock warrants, stock options or stock appreciation rights in an Organization to such Insured Person or employee, including but not limited to restricted stock or any other stock grant or compensation or incentive granted in the form of securities of such Organization. Stock Benefits shall not include employee stock ownership plans or employee stock purchase plans. Subsidiary means, at the time of the occurrence of a Wrongful Act, any organization in which one or more Organizations (a) controls the composition of the organization’s board; (b) is in a position to cast, or control the casting of, more than 50% of the maximum number of votes that might be cast at a general meeting of the organization; or holds more than 50% of the issued share capital of the organization (excluding any part of that issued share capital that carries no right to participate beyond a specified amount in a distribution of either profits or capital). Subsidiary shall include any incorporated joint venture or company over which an Organization exercises effective management and control. U.S.A means the United States of America and any territory under its jurisdiction. U.S.A Claim means a Claim brought or maintained, in whole or in part, in the U.S.A or based, in whole or in part, on any law of the U.S.A. Wrongful Act means: (a) with respect to Insuring Contracts 1 and 2 only: any act or omission, including but not limited to any error, misstatement, misleading statement, neglect, breach of duty, breach of trust or breach of warranty of authority, including for the avoidance of doubt any actual or alleged wrongful or unfair, employment-related discipline, dismissal, discharge or termination of employment, denial of natural justice, breach of any oral, written or implied employment contract, misrepresentation, discrimination, harassment, failure to employ or promote, deprivation of a career opportunity, failure to grant tenure, demotion, evaluation, invasion of privacy, defamation or infliction of emotional distress, mental anguish or humiliation or any Retaliation committed, attempted, or allegedly committed or attempted by an Insured Person, individually or otherwise, in his Insured Capacity, or any matter claimed against him solely by reason of his serving in such Insured Capacity; (b) with respect to Insuring Contract 4 only: any act or omission, including but not ...
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Stock Benefits means stock, stock warrants, stock appreciation rights, phantom stock plans or arrangements, stock options or other similar rights.
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Related to Stock Benefits

  • Severance Benefits means the payment of severance compensation as provided in Section 3.3 herein.

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Deferred Compensation Award means an award of Stock Units granted to a Participant pursuant to Section 11 of the Plan.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Change in Control Benefits means the following benefits:

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder and successor provisions, guidance and regulations thereto.

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive’s employment for reasonable and necessary expenses incurred by the Executive on behalf of the Employer for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any bonus or incentive compensation plan applicable to the Executive, but subject to any deferral election then in effect, a lump sum amount, in cash, equal to the sum of (A) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(f) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained at the target level (reduced, but not below zero, by amounts paid under all such contingent bonus or incentive compensation awards upon the Change in Control of the Company to the extent such amounts relate to the same period of time); and (v) all other payments and benefits to which the Executive (or in the event of the Executive’s death, the Executive’s surviving spouse or other beneficiary) may be entitled on the Termination Date as compensatory fringe benefits or under the terms of any benefit plan of the Employer, excluding severance payments under any Employer severance policy, practice or agreement in effect on the Termination Date. Payment of Accrued Benefits shall be made promptly in accordance with the Company’s prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits; provided that payments pursuant to clause (iv)(B) shall be paid on the first day of the seventh month following the month in which the Executive’s Separation from Service occurs, unless the Executive’s Separation from Service is due to death, in which event such payment shall be made within 90 days of the date of Executive’s death.

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • Incentive Compensation Awards means awards granted under Incentive Compensation Plans providing the Executive with the opportunity to earn, on a year‑by‑year basis, annual and long‑term incentive compensation.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Vested Benefits means amounts which are vested or which Executive is otherwise entitled to receive under the terms of or in accordance with any plan, policy, practice or program of, or any contract or agreement with, the Company or any of its subsidiaries, at or subsequent to the date of his termination without regard to the performance by Executive of further services or the resolution of a contingency.

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • Change in Control Severance Benefits means the benefits payable pursuant to Section 3 of this Agreement.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.

  • Share Compensation Arrangement means any stock option, stock option plan, employee stock purchase plan or any other compensation or incentive mechanism involving the issuance or potential issuance of Shares, including a share purchase from treasury which is financially assisted by the Corporation by way of a loan, guarantee or otherwise;

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • Fringe benefits means the amount of:

  • Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.

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

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.