Common use of Adjustment to Number of Awarded Units Clause in Contracts

Adjustment to Number of Awarded Units. The number of Awarded Units shall be subject to adjustment in accordance with Articles 11 through 13 of the Plan. Any such adjustment shall be made taking into account any crediting of cash dividend equivalents to the Participant under Section 8 in connection with such transaction or event. Restricted Share Units credited to the Participant as a result of an adjustment shall be subject to the same forfeiture and settlement terms as applied to the related Awarded Units prior to the adjustment.

Appears in 5 contracts

Samples: Restricted Share Unit Award Agreement (Physicians Realty Trust), Performance Based Restricted Share Unit Award Agreement (Physicians Realty Trust), Restricted Share Unit Award Agreement (Physicians Realty L.P.)

AutoNDA by SimpleDocs

Adjustment to Number of Awarded Units. The number of Awarded Units shall be subject to adjustment in accordance with Articles 11 through 13 of the Plan. Any such adjustment shall be made taking into account any crediting of cash dividend equivalents to the Participant under Section 8 10 in connection with such transaction or event. Restricted Share Units credited to the Participant as a result of an adjustment shall be subject to the same forfeiture and settlement terms as applied to the related Awarded Units prior to the adjustment.

Appears in 4 contracts

Samples: Restricted Share Unit Award Agreement (Physicians Realty Trust), Restricted Share Unit Award Agreement (Physicians Realty Trust), Restricted Share Unit Award Agreement (Physicians Realty L.P.)

AutoNDA by SimpleDocs

Adjustment to Number of Awarded Units. The number of Awarded Units shall be subject to adjustment in accordance with Articles 11 through 13 of the Plan. Any such adjustment shall be made taking into account any crediting of cash dividend equivalents to the Participant under Section 8 in connection with such transaction or event. Restricted Share Units credited to the Participant as a result of an adjustment shall be subject to the same forfeiture and settlement terms as applied to the related Awarded Units prior to the adjustment.result

Appears in 1 contract

Samples: Performance Based Restricted Share Unit Award Agreement (Physicians Realty Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!