Stock Units. When a Stock Unit is settled, the participant will recognize ordinary income in an amount equal to the fair market value of the Common Shares received or, if the Stock Unit is paid in cash, the amount paid.
Appears in 9 contracts
Sources: Performance Stock Award Agreement (First Financial Bancorp /Oh/), Performance Stock Award Agreement (First Financial Bancorp /Oh/), Restricted Stock Award Agreement (First Financial Bancorp /Oh/)