Common use of Participant Accounts Clause in Contracts

Participant Accounts. The Administrative Agent shall maintain, or cause to be maintained, one or more separate accounts for each Participant. The Administrative Agent shall credit to the account of a Participant all Participant Contributions made by such Participant, all Employer Contributions awarded, and all Shares acquired.

Appears in 3 contracts

Sources: Employee Share Purchase Plan (SSR Mining Inc.), Employee Share Purchase Plan (SSR Mining Inc.), Employee Share Purchase Plan (Silver Standard Resources Inc)

Participant Accounts. The Administrative Agent shall maintain, or cause to be maintained, one or more separate accounts for each Participant. The Administrative Agent shall credit to the account of a Participant all Participant Contributions made by such Participant, all Employer Contributions awarded, and all Shares acquiredacquired under the Plan and shall deduct from such account all Shares sold or withdrawn by the Participant.

Appears in 2 contracts

Sources: Employee Share Purchase Plan (Novagold Resources Inc), Employee Share Purchase Plan (Novagold Resources Inc)