Phantom Stock Benefit

Example Definitions of "Phantom Stock Benefit"
Phantom Stock Benefit. Shall mean at any time the excess of the hypothetical value of a Participant's Phantom Stock Account as of the most recent Valuation Date over the hypothetical value of his Phantom Stock Account as of the Grant Date. The Phantom Stock Benefit may be determined separately with respect to each separate Award that is granted under the Plan.
Found in United Financial Bancorp, Inc. contract
Phantom Stock Benefit. Shall mean at any time the excess of the hypothetical value of the Phantom Stock Units allocated to a Participant's Phantom Stock Account as of the most recent Valuation Date Date, if any, over the hypothetical value Grant Price of his such Phantom Stock Account as of Units multiplied by the Grant Date. Vested Percentage Interest. The Phantom Stock Benefit may shall be determined separately with respect to each separate Award that is granted under the Plan.
Found in SP Bancorp, Inc. contract
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