Equity Award Account
Equity Award Account. That bookkeeping record established for each Participant. An Equity Award Account is established only for purposes of measuring that portion of a Deferred Stock Benefit attributable to awards according to section 3 of this Plan and not to segregate assets or to identify assets that may or must be used to satisfy a Deferred Stock Benefit. An Equity Award Account will be credited periodically with amounts determined under subsection 6(b) of this Plan.
All Definitions
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SUNTRUST BANKS INC contract