Number of Stock Units Awarded. Stock Units Each Stock Unit represents a contingent right to receive one Share (or a cash payment equivalent to the value of one Share) upon satisfaction of the conditions in this Agreement and the Plan.
Appears in 4 contracts
Samples: Incentive Plan Conversion Award (Phinia Inc.), Stock Incentive Plan Conversion Award (Phinia Inc.), 2023 Stock Incentive Plan Stock Unit Award Agreement (Phinia Inc.)
Number of Stock Units Awarded. [________] Stock Units Each Stock Unit represents a contingent right to receive one Share (or a cash payment equivalent to the value of one Share) upon satisfaction of the conditions in this Agreement and the Plan.
Appears in 1 contract
Samples: 2023 Stock Incentive Plan Stock Unit Award Agreement (Phinia Inc.)