Executives and or directors of a corporation are eligible to receive deferred shares of stock as part of a deferrable issue. The holder in this case, holds the shares not redeemable until they officially are in the employ of the corporation.
Deferred shares are a form of stock that is sometimes issued to key people within the issuing company. Usually, executives or directors of the company are eligible to receive deferred shares of stock.
 See also: Market, Issue, Stock, Liquidation, Director
  
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