Compensatory Units definition

Compensatory Units has the meaning set forth in Section 4.2.B.
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Compensatory Units shall have the meaning set forth in Section 3.4(v). --------------
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Examples of Compensatory Units in a sentence

  • Upon the issuance of any class or series of Compensatory Units, the General Partner shall amend the Partnership Agreement, including the Register and the books and records of the Partnership as appropriate to reflect such issuance.

  • The vesting terms approved by the Board of Managers or set forth in any such written agreement may provide that all or any portion of the Compensatory Units held by such Common Member shall be fully vested, may provide for a different vesting schedule or different vesting provisions with respect to any or all of such Compensatory Units or may provide for the acceleration of the vesting of any or all of such Compensatory Units under certain circumstances.

  • The Company shall file all returns, reports and other documentation as may be required to perfect and maintain the Safe Harbor Election with respect to issuances or grants of Compensatory Units by the Company.

  • Upon the issuance of any class or series of Compensatory Units, the General Partner shall amend the Partnership Agreement, including Exhibit A and the books and records of the Partnership as appropriate to reflect such issuance.

  • Upon the issuance of any class or series of Compensatory Units, the Board shall amend this Agreement, including the Register and the books and records of the Company as appropriate to reflect such issuance.

  • The parties acknowledge that the members of EGP approved changes to the Operating Agreement of EGP on August 23, 2005, to authorize the issuance of membership units to officers as compensation at not less than $1.00, and that the Compensatory Units were issued pursuant to said change and authorization.

  • Upon the issuance of any class or series of Compensatory Units, the General Partner shall amend the 24 Partnership Agreement, including the Register and the books and records of the Partnership as appropriate to reflect such issuance.

  • EGP hereby ratifies and confirms the issuance of the Compensatory Units to Xxxxx X.

  • EGP agrees that its books and records shall be adjusted to reflect the issuance of said Compensatory Units to Xxxxx X.

  • Subject to any final Treasury Regulations concerning the U.S. federal income tax consequences of the grant and forfeiture of Compensatory Units, the provisions of this Section 6.2(a) shall apply regardless of whether or not the Class B Member or Carmike, as the case may be, files an election pursuant to Section 83(b) of the Code with respect to such Class B Common Units or Class C Common Units, respectively.

Related to Compensatory Units

  • Compensatory Time means time off with pay for authorized overtime worked in lieu of salary or wages, calculated in accordance with Article 22 of this Contract.

  • Noncompensatory Option has the meaning set forth in Treasury Regulation Section 1.721-2(f).

  • Compensatory mitigation means types of mitigation used to replace project-induced critical area and buffer losses or impacts.

  • Compensatory Damages are those amounts awarded to compensate for the actual damages sustained, and are not awarded as a penalty, nor fixed in amount by statute.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Phantom means a volume of material behaving in a manner similar to tissue with respect to the attenuation and scattering of radiation. This requires that both the atomic number (Z) and the density of the material be similar to that of tissue.

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • RSUs means restricted stock units.

  • DSUs means the outstanding deferred share units issued under the DSU Plan.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

  • Company RSUs means any restricted stock units granted under any of the Company Equity Plans.

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Phantom Shares means an Award of the right to receive Shares issued at the end of a Restricted Period which is granted pursuant to Section 6(e) of the Plan.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Company Options means any options to purchase shares of Company Common Stock, whether granted pursuant to any of the Company Stock Plans or otherwise.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.

  • Compensatory time off means authorized time off earned by or awarded to an employee to compensate in whole or in part for time worked in excess of the minimum work time required of that employee as a condition of his or her employment.

  • Restricted Stock Bonus means Stock granted to a Participant pursuant to Section 8.

  • Common Units is defined in the Partnership Agreement.

  • Company Share Plans means, collectively, (i) the 2018 Share Incentive Plan of the Company, which replaced the Company’s 2010 Share Incentive Plan in its entirety, and (ii) the Post-IPO Share Incentive Plan of the Company.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • CONCURRENT STOCK APPRECIATION RIGHT or "CONCURRENT RIGHT" means a right granted pursuant to subsection 8(b)(2) of the Plan.

  • Incentive Distribution Rights has the meaning assigned to such term in the Partnership Agreement.