Phantom Unit means a notional Unit granted under the Plan which upon vesting entitles the Participant to receive, at the time of settlement, a Unit or an amount of cash equal to the Fair Market Value of a Unit, as determined by the Committee in its sole discretion.
Service unit means a standardized measure of consumption, use, generation, or discharge attributable to an individual unit of development calculated in accordance with generally accepted engineering or planning standards for a particular category of capital improvements.
Share Unit means either an RSU or a PSU, as the context requires.
Work Unit means a working department or service, as defined by the Employer.
Stock Unit means a bookkeeping entry representing the equivalent of one Share, as awarded under the Plan.