Examples of Credited Units in a sentence
Such cash dividends or Credited Units shall be subject to the restrictions set forth in Section 1 hereof and shall be paid to the Holder in the time and manner as provided under this Agreement.
Such Credited Units shall be subject to the restrictions set forth in Section 1 hereof and shall be paid to the Holder in the time and manner as provided in their deferral election.
Once Uhlmann Price or a Selling Agent sells Units to a particular investor, Uhlmann Price or such Selling Agent will be entitled to servicing fees on any Units subsequently purchased by that investor, and such units will be deemed Credited Units of the Responsible Broker, for which (s)he will be entitled to a Continuing Fee so long as (s)he satisfies the Eligibility Requirements.
The number and kind of shares or units associated with such Credited Units shall be adjusted to reflect the Change in Control in accordance with the terms of the Plan, and otherwise in accordance with and subject to their terms and conditions as in effect immediately prior to the Change in Control.
Once Uhlmann Price or a Selling Agent sells Units to a particular investor, Uhlmann Price or such Selling Agent will be entitled to a sales commission on any Units subsequently purchased by that investor, and such units will be deemed Credited Units of the Responsible Broker, for which (s)he will be entitled to a Trailing Commission so long as he satisfies the Eligibility Requirements.
To the extent the Corporation’s dividend is in the form of cash, the number of Dividend Equivalent Units that will be credited to Participant’s Account will be determined by dividing (A) the product of (i) the total number of Credited Units in Participant’s Account immediately prior to the Dividend Payment Date, and (ii) the per-share amount of the dividend paid on the Dividend Payment Date, by (B) the closing price per share of the Corporation’s Common Stock on the Dividend Payment Date.
To the extent the Corporation’s dividend is in the form of Common Stock, the number of Dividend Equivalent Units that will be credited to Participant’s Account will be equal to the product of (A) the total number of Credited Units in Participant’s Account immediately prior to the Dividend Payment Date, and (B) the number of shares of Common Stock paid as a dividend per share of Common Stock.
The determination of the number of Credited Units, as well as Sections 8(b)(i) and b(b)(ii) below, are subject to the provisions of Section 3 (in the case of Section 8(b)(ii), to the extent that the termination of your Service occurred before the Change in Control).
Subject to Section 5, Participant shall be become vested in, and have a non-forfeitable right to, the Credited Units credited to Participant’s Account on the four year anniversary of the Award Date (the “Vesting Date”).
Subject to the otherwise applicable provisions of the Plan and this Agreement, Participant shall have no rights of a stockholder of shares of Common Stock in respect of the Credited Units in Participant’s Account.