Common use of Valuation of Accounts Clause in Contracts

Valuation of Accounts. The value of a Participant’s Distribution Accounts as of any date shall equal the amounts theretofore credited to such Accounts, including any earnings (positive or negative) deemed to be earned on such Accounts in accordance with Section 5.2 through the day preceding such date, less the amounts theretofore deducted from such Accounts.

Appears in 4 contracts

Sources: Executive Deferred Compensation Plan (CubeSmart, L.P.), Executive Deferred Compensation Plan (U-Store-It Trust), Trustees Deferred Compensation Plan (U-Store-It Trust)