Common use of Number of Units Clause in Contracts

Number of Units. The Participant is granted the number of RSUs specified on the attached signature page as of July 1, 2000. An RSU is a hypothetical share of Verizon's Common Stock. The value of an RSU on any given date shall be equal to the closing price of Verizon's Common Stock as of such date. An RSU does not represent an equity interest in Verizon and carries no voting rights. A Dividend Equivalent Unit ("DEU") or fraction thereof shall be added to each RSU each time that a dividend is paid on Verizon's Common Stock. The amount of each DEU shall be equal to the dividend paid on a share of Verizon's Common Stock. The DEU shall be converted into RSUs or fractions thereof based upon the average of the high and low sales prices of Verizon's Common Stock traded on the New York Stock Exchange on the dividend payment date of each declared dividend on Verizon's Common Stock, and such RSUs or fractions thereof shall be added to the Participant's RSU balance.

Number of Units. The Participant is granted the number of RSUs specified on the attached signature page as of July 1, 2000. An RSU is a hypothetical share of Verizon's Common Stock. The value of an RSU on any given date shall be equal to the closing price of Verizon's Common Stock as of such date. An RSU does not represent an equity interest in Verizon (or Verizon Wireless) and carries no voting rights. A Dividend Equivalent Unit ("DEU") or fraction thereof shall be added to each RSU each time that a dividend is paid on Verizon's Common Stock. The amount of each DEU shall be equal to the dividend paid on a share of Verizon's Common Stock. The DEU shall be converted into RSUs or fractions thereof based upon the average of the high and low sales prices of Verizon's Common Stock traded on the New York Stock Exchange on the dividend payment date of each declared dividend on Verizon's Common Stock, and such RSUs or fractions thereof shall be added to the Participant's RSU balance.

Number of Units. The Participant is granted the number of RSUs PSUs specified on the attached signature page as of July 1, 2000cover letter provided in conjunction with this Agreement. An RSU A PSU is a hypothetical share of Verizon's Common Stock’s common stock. The value of an RSU a PSU on any given date shall be equal to the closing price of Verizon's Common Stock ’s common stock as of such date. An RSU A PSU does not represent an equity interest in Verizon and carries no voting rights. A Dividend Equivalent Unit ("“DEU"”) or fraction thereof shall be added to each RSU PSU each time that a dividend is paid on Verizon's Common Stock’s common stock. The amount of each DEU shall be equal to the dividend paid on a share of Verizon's Common Stock’s common stock. The DEU shall be converted into RSUs PSUs or fractions thereof based upon the average of the high and low sales prices of Verizon's Common Stock ’s common stock traded on the New York Stock Exchange on the dividend payment date of each declared dividend on Verizon's Common Stock’s common stock, and such RSUs PSUs or fractions thereof shall be added to the Participant's RSU ’s PSU balance.

Number of Units. The Participant is granted the number of RSUs specified on the attached signature page as of July 1November 16, 2000. An RSU is a hypothetical share of Verizon's Common Stock. The value of an RSU on any given date shall be equal to the closing price of Verizon's Common Stock as of such date. An RSU does not represent an equity interest in Verizon and carries no voting rights. A Dividend Equivalent Unit ("DEU") or fraction thereof shall be added to each RSU each time that a dividend is paid on Verizon's Common Stock. The amount of each DEU shall be equal to the dividend paid on a share of Verizon's Common Stock. The DEU shall be converted into RSUs or fractions thereof based upon the average of the high and low sales prices of Verizon's Common Stock traded on the New York Stock Exchange on the dividend payment date of each declared dividend on Verizon's Common Stock, and such RSUs or fractions thereof shall be added to the Participant's RSU balance.

Number of Units. The Participant is granted the number of RSUs PSUs specified on the attached signature page as of July 1February 3, 20002003. An RSU A PSU is a hypothetical share of Verizon's Common Stock’s common stock. The value of an RSU a PSU on any given date shall be equal to the closing price of Verizon's Common Stock ’s common stock as of such date. An RSU A PSU does not represent an equity interest in Verizon and carries no voting rights. A Dividend Equivalent Unit ("“DEU"”) or fraction thereof shall be added to each RSU PSU each time that a dividend is paid on Verizon's Common Stock’s common stock. The amount of each DEU shall be equal to the dividend paid on a share of Verizon's Common Stock’s common stock. The DEU shall be converted into RSUs PSUs or fractions thereof based upon the average of the high and low sales prices of Verizon's Common Stock ’s common stock traded on the New York Stock Exchange on the dividend payment date of each declared dividend on Verizon's Common Stock’s common stock, and such RSUs PSUs or fractions thereof shall be added to the Participant's RSU ’s PSU balance.

Number of Units. The Participant is granted the number of RSUs specified on the attached signature page as of July 1, 2000. An RSU is a hypothetical share of Verizon's Common Stock. The value of an RSU on any given date shall be equal to the closing price of Verizon's Common Stock as of such date. An RSU does not represent an equity interest in Verizon and carries no voting rights. A Dividend Equivalent Unit ("DEU") or fraction thereof shall be added to each RSU each time that a dividend is paid on Verizon's Common Stock. The amount of each DEU shall be equal to the dividend paid on a share of Verizon's Common Stock. The DEU shall be converted into RSUs or fractions thereof based upon the average of the high and low sales prices of Verizon's Common Stock traded on the New York Stock Exchange on the dividend payment date of each declared dividend on Verizon's Common Stock, and such RSUs or fractions thereof shall be added to the Participant's RSU balance.RSU