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W.W. Grainger (GWW)
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GWW » Topics » Vesting.

These excerpts taken from the GWW 10-K filed Feb 27, 2008.
Vesting. A Participant shall at all times be 100% vested in his or her Annual Deferral Account. A Participant shall be vested in his or her Annual Profit Sharing Account in accordance with the vesting provisions of the Profit Sharing Plan.

 

Vesting. A Participant shall at all times be 100% vested in his or her Annual Deferral Account. A Participant shall be vested in his or her Annual Profit Sharing Account in accordance with the vesting provisions of the Profit Sharing Plan.



 



This excerpt taken from the GWW 10-Q filed Aug 2, 2006.
Vesting. Stock Units awarded by the Committee pursuant to Article 9 shall become vested and nonforfeitable upon such terms as the Committee may determine. Stock Units credited to an Outside Director’s Account by reason of his or her election to defer Compensation pursuant to Article 10 shall at all times be fully vested and nonforfeitable. Any additional Stock Units resulting from the crediting of dividend equivalents to an Outside Director’s Account or Accounts pursuant to Section 8.3 shall be vested and nonforfeitable to the same extent and at the same time or times as the underlying Stock Units giving rise to such dividend equivalents.

 

8.3.      

EXCERPTS ON THIS PAGE:

10-K (2 sections)
Feb 27, 2008
10-Q
Aug 2, 2006

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