Deferred Unit Plan definition

Deferred Unit Plan means Chartwell’s deferred unit plan established in 2008, as amended from time to time. “Deferred Units” means a right to receive a Unit under an award made pursuant to the Deferred Unit Plan.

Deferred Unit Plan means the incentive deferred unit plan adopted by the Trustees; and

Deferred Unit Plan. ’ means the deferred unit plan of the REIT to be adopted by the REIT at Closing. ‘‘Deferred Units’’ means deferred units issued pursuant to the Deferred Unit Plan.

Examples of Deferred Unit Plan in a sentence

• This incentive bonus will vest in accordance with the Deferred Unit Plan and does not include any Matching Deferred Units.

• The maximum number of Units that may be issued under the Deferred Unit Plan upon the redemption of Deferred Units is 750,000 Units.

• Non-executive trustees are entitled to participate in the Deferred Unit Plan described under the heading “Deferred Unit Plan”.

• Notes:(1) These awards were issued pursuant to the Deferred Unit Plan, the LTIP, or Inducement Award agreements, although the awards granted under the LTIP are only settled in cash.

• CT REIT offers a Deferred Unit Plan (the “DU Plan”) for trustees who are not employees or officers of CT REIT or any of its affiliates, whereby such trustees may elect to receive all or a portion of their annual compensation in deferred units (“DUs”).

More Definitions of Deferred Unit Plan

Deferred Unit Plan means the deferred unit plan of the Trust, as amended from time to time.

Deferred Unit Plan or “DUP” means the Deferred Unit Plan of SmartREIT, as more particularly described under “Information Respecting Smart Real Estate Investment Trust – Equity Compensation Plan Information – Deferred Unit Plan”.

Deferred Unit Plan means the deferred unit plan of the REIT dated June 19, 2009;

Deferred Unit Plan means the deferred unit plan of the REIT effective as of March 11, 2015, as it may be amended, supplemented or restated from time to time.

Deferred Unit Plan means the deferred unit plan of the REIT approved by REIT Unitholders on May 10, 2017, as amended and restated on each of February 19, 2020, January 1, 2021 and May 11, 2022.

Deferred Unit Plan means the Deferred Unit Plan adopted by the REIT effective as of January 1, 2017;

Deferred Unit Plan means the deferred unit plan of the REIT dated May 17, 2015;