Bonus Unit definition

Bonus Unit means and includes, where the context so requires, a unit issued as fully paid up bonus unit by capitalising a part of the amount standing to the credit of the account of the reserves formed or otherwise in respect of this scheme.

Bonus Unit means a potential cash award whose amount is based upon specified measurement criteria. The term bonus unit includes, but is not limited to, earnings bonus units.

Bonus Unit means an award granted under this Program to receive from the Corporation an amount of cash or other consideration not to exceed the maximum settlement value and based upon a measurement for valuation as specified by the grant. The term bonus unit includes, but is not limited to, earnings bonus units.

Examples of Bonus Unit in a sentence

• In 2007 the Trust instituted a Deferred Signing Bonus Unit Plan for its Chief Executive Officer.

• The Bonus Unit would rank pari passu as to their rights in the Net Assets, earnings and receipt of dividend and distribution with the existing Units from the date of issue of these Bonus Units.

• NMC Sick Leave Bonus: Unit members who are less than 0.9 FTE will have their Sick Leave Bonus pro-rated based on their FTE status as of the last pay period in December or each year.

• Notification of Issuance of Building Permits Upon issuance of a residential building permit within the districts established herein, the Building Inspector of the Town of Wellesley shall cause to be filed an application to the DHCD, in a form to be prescribed by DHCD, for authorization of payment of a one-time density bonus payment for each Bonus Unit to receive a building permit pursuant to Mass.

• The Accelerated Bonus shall be an amount equal to (i) the Vested Percentage determined in accordance with Section 3 hereof, multiplied by (ii) the Executive's Bonus Units as set forth in Section 5(b) hereof with the product so obtained multiplied by the Per Bonus Unit Price as hereinafter defined.

More Definitions of Bonus Unit

Bonus Unit means an Award granted pursuant to Section 6(d).

Bonus Unit means an Award granted pursuant to Section 6(d) of the Plan.

Bonus Unit means a Unit issued pursuant to clause 9.3.

Bonus Unit means a bookkeeping entry on a Participant’s Account corresponding to an Option held by the Participant.

Bonus Unit means a device used solely for determining bonuses to be paid out under this Plan.

Bonus Unit means an Award granted pursuant to this Plan, the value of which on any given date shall equal the Fair Market Value of one Share as of such date.

Bonus Unit is a notional unit granted under the Plan which, upon vesting, entitles the Participant to receive the Fair Market Value in cash of a common unit of Atlas Pipeline Partners, LP (a “Unit”).