Retainer Deferral Account

Example Definitions of "Retainer Deferral Account"
Retainer Deferral Account. A bookkeeping account maintained by the Company for a Participant to which Retainer Accruals and Dividend Equivalents are credited through the Conversion Date and Interest Equivalents are credited subsequent to the Conversion Date, which Account shall be denominated in Units until the Conversion Date and, thereafter, shall be denominated in dollars.
Found in GOODYEAR TIRE & RUBBER CO contract
Retainer Deferral Account. A Means a bookkeeping account maintained by the Company for a Participant to which Retainer Deferral Accruals and Dividend Equivalents are credited through the Conversion Date and Interest Equivalents on dollar-denominated amounts are credited subsequent to the Conversion Date, which Account shall be denominated in Units until the Conversion Date and, thereafter, for Units created prior to January 1, 2011 shall be denominated in dollars. dollars and for Units created after December 31, 2010... shall be denominated in shares of Common Stock, except that any remaining fractional Unit shall be cancelled. View More Arrow
Found in GOODYEAR TIRE & RUBBER CO contract
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