Common use of DSU Account Clause in Contracts

DSU Account. a. The Company shall credit to a bookkeeping account (the “Account”) maintained by the Company, or a third party on behalf of the Company, for the Director’s benefit the DSUs, each of which shall be deemed to be the equivalent of one share of the Company’s common stock, par value $.0.01 per share (each, a “Share”).

Appears in 5 contracts

Samples: Award Agreement (EnerSys), Award Agreement (EnerSys), Award Agreement (EnerSys)

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