Stock Unit Account Contract Clauses (43)

Grouped Into 1 Collection of Similar Clauses From Business Contracts

This page contains Stock Unit Account clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Stock Unit Account. Stock Units represent hypothetical shares of Company Stock, and not actual shares of stock. The Company shall establish and maintain a Stock Unit account, as a bookkeeping account on its records, for the Participant and shall record in such account the number of Stock Units granted to the Participant. No shares of Company Stock shall be issued to the Participant at the time the grant is made, and the Participant shall not be, and shall not have any of the rights or privileges of, a stockholder o...f the Company with respect to any Stock Units recorded in the Stock Unit account. The Participant shall not have any interest in any fund or specific assets of the Company by reason of this award or the Stock Unit account established for the Participant. View More Arrow
Found in COVETRUS, INC. contract
Stock Unit Account. Stock Units PSUs represent hypothetical shares of Company Stock, and not actual shares of stock. The Company shall establish and maintain a Stock Unit account, as a bookkeeping account on its records, for the Participant and shall record in such account the number of Stock Units PSUs granted to the Participant. No shares of Company Stock shall be issued to the Participant at the time the grant is made, and the Participant shall not be, and shall not have any of the rights or privileges of, a sto...ckholder of the Company with respect to any Stock Units PSUs recorded in the Stock Unit account. The Participant shall not have any interest in any fund or specific assets of the Company by reason of this award or the Stock Unit account established for the Participant. View More Arrow
Found in ALLEGRO MICROSYSTEMS INC contract
Stock Unit Account. Stock Units represent hypothetical shares of Company Stock, and not actual shares of stock. The Company shall establish and maintain a Stock Unit account, account as a bookkeeping account on its records, records (the "Stock Unit Account") for the Participant and shall record in such account Stock Unit Account the number of Stock Units granted to the Participant. No shares of Company Stock shall be issued to the Participant at the time the grant is made, and the Participant shall not be, and shal...l not have any of the rights or privileges of, a stockholder of the Company with respect to any Stock Units recorded in the Stock Unit account. The Participant shall not have any interest in any fund or specific assets of the Company by reason of this award grant or the Stock Unit account Account established for the Participant. View More Arrow
Found in American Water Works Company Inc contract
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