Accounts Contract Clauses (366)

Grouped Into 3 Collections of Similar Clauses From Business Contracts

This page contains Accounts clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Accounts. (a)Cash Retainers. The crediting of Deferred Stock Units to the Cash Retainer Sub-Account of the Participant's Account with respect to the deferral of cash retainer fees pursuant to Section 5 shall be made as of the dates the fees earned by the Participant during the applicable calendar year would otherwise have been payable to the Participant. The number of Deferred Stock Units to be credited shall be equal to the result of dividing the amount deferred as of each such date by the Fair Market... Value of one share of Common Stock on such date. (b)Restricted Stock Units. The crediting of Deferred Stock Units to the RSU Sub-Account of the Participant's Account with respect to the deferral of Restricted Stock Units pursuant to Section 6 shall be made as of the dates the RSUs granted to the Participant during the applicable calendar year become vested. The number of Deferred Stock Units to be credited shall be equal to the number of RSUs that are deferred by the Participant as of such date. (c)Cash Dividends. Whenever any cash dividends are declared on the Common Stock, the Company will credit the Cash Retainer and RSU Sub-Accounts of the Account of each Participant on the date such dividend is paid with a number of additional Deferred Stock Units equal to the result of dividing (i) the product of (x) the total number of Deferred Stock Units credited to the Participant's Sub-Account on the record date for such dividend and (y) the per share amount of such dividend by (ii) the Fair Market Value of one share of Common Stock on the date such dividend is paid by the Company to the holders of Common Stock. (d)Capitalization Adjustments. In the event of (i) any change in the Common Stock through a merger, consolidation, reorganization, recapitalization or otherwise, (ii) a stock dividend, or (iii) a stock split, combination or other changes the Common Stock, all as described in Section 2.6 of the Stock Plan, the Deferred Stock Units credited to the Cash Retainer and RSU Sub-Accounts of the Account of each Participant shall be increased or decreased proportionately in accordance with Section 2.6 of the Stock Plan. View More Arrow
Accounts. (a)Cash (a) Cash Retainers. The crediting of Deferred Stock Units to the Cash Retainer Sub-Account of the Participant's Director's Account with respect to the deferral of cash retainer fees pursuant to Section 5 shall be made as of the dates the fees earned by the Participant Director during the applicable calendar year would otherwise have been payable to the Participant. Director. The number of Deferred Stock Units to be credited shall be equal to the result of dividing the amount deferred as... of each such date by the Fair Market Value of one share of Common Stock on such date. (b)Restricted (b) Restricted Stock Units. The crediting of Deferred Stock Units to the RSU Sub-Account of the Participant's Director's Account with respect to the deferral of Restricted Stock Units pursuant to Section 6 shall be made as of the dates the RSUs Restricted Stock Units granted to the Participant Director during the applicable calendar year become vested. would otherwise have been payable to the Director. The number of Deferred Stock Units to be credited shall be equal to the number of RSUs Restricted Stock Units that are deferred by the Participant Director as of such date. (c)Cash (c) Cash Dividends. Whenever any cash dividends are declared on the Common Stock, the Company will credit the Cash Retainer and RSU Sub-Accounts of the Account of each Participant on the date such dividend is paid with a number of additional Deferred Stock Units equal to the result of dividing (i) the product of (x) the total number of Deferred Stock Units credited to the Participant's Sub-Account Account on the record date for such dividend and (y) the per share amount of such dividend by (ii) the Fair Market Value of one share of Common Stock on the date such dividend is paid by the Company to the holders of Common Stock. (d)Capitalization (d) Capitalization Adjustments. In the event of (i) any merger, reorganization, consolidation, recapitalization, stock dividend, special cash dividend, stock split, reverse stock split, spin-off or similar transaction or other change in corporate structure affecting the Common Stock through a merger, consolidation, reorganization, recapitalization or otherwise, (ii) a stock dividend, or (iii) a stock split, combination or other changes the Common Stock, all as described in Section 2.6 4(c) of the Stock Plan, the provisions of such Section shall apply to the Deferred Stock Units credited to the Cash Retainer and RSU Sub-Accounts Participant's Account. Payment of the Participant's Account of each Participant shall be increased or decreased proportionately made under the Stock Plan in accordance with Section 2.6 a lump sum to the Participant (or, in the event of the Participant's death, to the Participant's beneficiary, as provided in Section 10) on the tenth business day of January of the calendar year following the calendar year in which the Participant's services as a member of the Board terminates for any reason. The payment shall be made in shares of Common Stock Plan. equal to the number of Deferred Stock Units credited to the Participant's Account, provided that any fractional Deferred Stock Units shall be paid in cash based on the Fair Market Value of one share of Common Stock on the payment date. View More Arrow
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Accounts. The Company shall credit the Performance Shares to a bookkeeping account (the "Account") maintained by the Company for the Grantee's benefit. Upon the occurrence of an event set forth in Section 12.2 of the Plan, the number of Performance Shares credited to the Account shall be equitably and appropriately adjusted as provided in that Section.
Accounts. The Company shall credit the Performance Shares Restricted Stock Units to a bookkeeping account (the "Account") maintained by the Company for the Grantee's benefit. Upon the occurrence of an event set forth in Section 12.2 of the Plan, the number of Performance Shares Restricted Stock Units credited to the Account shall be equitably and appropriately adjusted as provided in that Section.
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Accounts. Borrower shall keep good and proper accounts of expenditures of the Loan Amount or the Optional Additional Loan Amount, and shall at the request of Lender at any time and in any case not less frequently than on the last day of each month while any part of the Loan Amount or of the Optional Additional Loan Amount remains outstanding, provide to Lender copies of such accounts.
Accounts. Borrower shall keep good and proper accounts of expenditures of the Loan Amount or the Optional Additional Loan Amount, and shall at the request of Lender at any time and in any case not less frequently than on the last day of each month while any part of the Loan Amount or of the Optional Additional Loan Amount remains outstanding, provide to Lender copies of such accounts.
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