Phantom Stock Unit Account

Example Definitions of "Phantom Stock Unit Account"
Phantom Stock Unit Account. With respect to each Participant, an account established and maintained by the Company for the purpose of recording the number of Phantom Stock Units with respect to which that Participant has rights under the Plan
Phantom Stock Unit Account. A bookkeeping entry that shall consist of the number of Phantom Stock Units awarded to each Participant from time to time and credited to the Participant's account together with all Dividend Equivalents thereon, less all Phantom Stock Units and Dividend Equivalents that have been paid out to such Participant
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