Share Unit definition

Share Unit means a unit credited by means of an entry on the books of the Corporation to a Participant pursuant to the Plan, representing the right to receive, subject to and in accordance with the Plan, for each Vested Share Unit one Share, at the time, in the manner, and subject to the terms, set forth in the Plan and the applicable Grant Agreement;

Share Unit means either an RSU or a PSU, as the context requires.

Share Unit means a Performance Share Unit or a Restricted Share Unit.

Examples of Share Unit in a sentence

• Each Restricted Share Unit shall have a value equal to the Fair Market Value of a Share.

• The provisions of the various Restricted Share Unit Agreements entered into under this Plan need not be identical.

• The Restricted Share and Restricted Share Unit Awards shall be evidenced by Award Agreements in such form as the Committee shall from time to time approve, which agreements shall comply with and be subject to the terms and conditions provided hereunder and any additional terms and conditions established by the Committee that are consistent with the terms of the Plan.

• Such restrictions, if any, shall be determined by the Committee and contained in the Restricted Share Unit Agreement evidencing such RSU.

• Each Restricted Share and Restricted Share Unit Award made under the Plan shall be for such number of Shares as shall be determined by the Committee and set forth in the Award Agreement containing the terms of such Restricted Share or Restricted Share Unit Award.

More Definitions of Share Unit

Share Unit means a unit credited to a Participant’s account in accordance with the terms and conditions of the Plan.

Share Unit means a RSU or PSU, as the context requires;

Share Unit means a bookkeeping entry representing the equivalent of one Share, as awarded under the Plan.

Share Unit means a bookkeeping entry representing the equivalent of a Share awarded to a Grantee pursuant to Section 10 hereof.

Share Unit means a right awarded to a Participant to receive a payment as provided in Article 4 hereof and subject to the terms and conditions of this Plan;

Share Unit means a bookkeeping entry representing the equivalent of one share of Common Stock that is payable in the form of Common Stock, cash, or any combination of the foregoing.

Share Unit means a non-voting unit of measurement based on the value of a whole or a fraction of a share of Common Stock, which entitles a participant to receive payment in accordance with the terms of the Plan.