Equity Award Account

Equity Award Account. Shall mean the account or subaccount that may be established by the Administrator to reflect the crediting of equity awards other than Restricted Stock Units. Equity Award Accounts will be maintained solely as bookkeeping entries by the Company to evidence unfunded obligations of the Company. The Administrator is authorized to establish such rules and conditions applicable to Equity Award Accounts as are deemed appropriate to give effect to the awards or deferrals credited thereunder,... provided that they are consistent in all respects with the Stock Plan under which such awards were granted. View More

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.