Cash Unit definition

Cash Unit means the entry in a Deferred Compensation Account of a credit equal to One Dollar ($1.00).
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Cash Unit means a general, unsecured obligation of the Company to pay cash to a Participant pursuant to an Award recorded by the Company as a bookkeeping entry.
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Cash Unit means a Unit other than a CPF Unit.
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Examples of Cash Unit in a sentence

  • For purposes of making payment or a distribution with respect to a Performance Cash Unit, the value of a share of Common Stock shall be determined by the Fair Market Value of the Common Stock on the day the Committee designates the Performance Cash Units to be payable.

  • CTWS Performance Cash Unit Awards granted on or after the date of this Agreement shall not be subject to any accelerated vesting for any reason (including, without limitation, due to retirement or pursuant to the terms of any employment agreement between recipient and CTWS), except to the extent approved by the SJW Board (or a committee thereof).

  • Each Cash Unit granted hereunder shall have an initial value of one hundred dollars ($100).

  • The value of each Cash Unit is equivalent to a share of Common Stock.

  • The dollar value of each Cash Unit on any date shall be equal to the Fair Market Value of a share of Common Stock on that date.


More Definitions of Cash Unit

Cash Unit means a Deferred Amount and any interest carried over for the deferral period, which shall be credited with interest, as set forth in Section 5, during the period of deferral.
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Cash Unit means a “Unit” as defined in the Regency Energy Partners LP Long-Term Incentive Cash Restricted Unit Plan.
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Cash Unit means the entry in a Deferred Bonus Account of a credit equal to One Dollar ($1.00).
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Cash Unit means an entry in a Participant's Cash Unit Account Balance representing the Company's obligation to pay an amount in cash equal to the value of one share of Common Stock.
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Cash Unit means an accounting equivalent of one dollar of cash.
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Cash Unit means a notional unit granted under the Plan that upon vesting entitles the Participant to receive an amount of cash equal to the Fair Market Value of a Common Unit as of the vesting date.
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Cash Unit means a unit of an Investor in the Trust in respect of the Investment Monies of that Investor in the Trust’s Short Term Investment Account.
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