Compensation Units definition

Compensation Units has the meaning ascribed thereto in the fourth paragraph of this Agreement;

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Compensation Units means the 60,000 Units issued by the Corporation to FirstEnergy and Raymond James as payment of commission in connection with the February 2010 Private Placement;

Compensation Units has the meaning given to that term on the second page of this Agreement;

Examples of Compensation Units in a sentence

• Your Deferred Compensation Units will be paid pursuant to the terms of the 1993 Deferred Compensation Plan, as amended.

• The payment due from the Company pursuant to this Section shall be made to Executive within ten (10) days after the date of his election hereunder, against execution and delivery by Executive to the Company of an appropriate agreement confirming his surrender of the Unexercised Options and Deferred Compensation Units and the certificates duly endorsed by Executive for the Owned Stock.

• Additionally, NXDE has 80,000 outstanding options which shall be[1] terminated at the Effective Time and 604,212 Deferred Compensation Units outstanding, all of which will be terminated[2] at the Effective Time.

• Prior to the Effective Time, there were 80,000 Stock Options, all of which will be terminated at or prior to the Effective Time and 604,212 Deferred Compensation Units of NXDE, all of which will be terminated at the Effective Time.

• The establishment of the Deferred Compensation Account and the crediting thereto of Deferred Compensation Units is solely for accounting purposes.

More Definitions of Compensation Units

Compensation Units means the units of securities of the Company issuable upon exercise of the Compensation Options, each such unit to be comprised of one Common Share and one-half of one Warrant;

Compensation Units has the meaning given to it above;

Compensation Units means the 60,000 Units issued by the Corporation to the agents of the February 2010 Private Placement as payment of commission, each Unit being comprised of one Common Share and one-half of one Warrant;

Compensation Units has the meaning ascribed to such term in Section 19 of this Agreement; “Compensation Unit Shares” has the meaning ascribed to such term in Section 19 of this Agreement; “Compensation Unit Warrants” has the meaning ascribed to such term in Section 19 of this Agreement;

Compensation Units shall have the meaning given on Page 1 hereof.

Compensation Units has the meaning ascribed thereto in Section 12 of this Agreement; “Compensation Warrants” has the meaning ascribed thereto in Section 12 of this Agreement;

Compensation Units has the meaning ascribed to such term on page 2 hereof; “Corporation” means Golden Leaf Holdings Ltd.;