Director DSUs definition

Director DSUs means the deferred share units of the Company granted to Directors under the Director DSU Plan;
Sample 1Sample 2Sample 3
Director DSUs means the deferred share units of the Company granted to Directors under the Director DSU Plan; “Director Phantom DSUs” means the deferred share units of the Company granted under the Director Phantom Plan; “Director Phantom Plan” means the Director phantom share unit plan dated March 10, 2021;
Sample 1Sample 2
Director DSUs means deferred share units which may be issued to Directors and which are redeemable for cash or Shares (at the election of the Corporation) and which vest immediately and become redeemable only upon the Director ceasing to be a Director, as further described in Section 3.
Sample 1

Examples of Director DSUs in a sentence

  • Director DSUs have accompanying dividend equivalent rights, which are also expensed as earned in marketing, general and administrative expense.

  • The company expensed $47,365 related to these Director DSUs. • In July 2020, the Company issued 1,144,643 DSUs. DSUs vest immediately and may not be exercised until an officer or director ceases to serve their role.

  • James Thorne provided the invocation and Ken Keeler led the pledges.

  • The Company expensed $13,426 related to these Director DSUs. • In February 2021, the Company issued 148,456 RSUs to an employee and officer.

  • Director DSUs are redeemable only for cash and no shares or other securities of Onex will be issued on the exercise, redemp- tion or other settlement thereof.

  • Director DSUs to be settled in stock upon a director’s departure from the Board.

  • As equity settled awards, Director DSUs are expensed in full on the date of grant and recognized in marketing, general and administrative expense in the consolidated statements of income.

  • Director DSUs have accompanying dividend equivalent rights, which are also expensed as earned in marketing, general and administrative expenses.

  • Each director elected to receive all fees payable to her or him in respect of 2021 Board, and if applicable, Committee and Lead Director service in the form of Director DSUs.

  • Director DSUs must be held until retirement from the Board and Management DSUs must be held until leaving the employ- ment of Onex.


More Definitions of Director DSUs

Director DSUs means the outstanding deferred share units of the Company issued to a director of the Company pursuant to the Director DSU Plan;
Sample 1
Director DSUs means share units granted pursuant to Tembec’s Director DSU Plan.
Sample 1

Related to Director DSUs

  • Eligible Directors means, with respect to a Regulated Fund and a Potential Co-Investment Transaction, the members of the Regulated Fund’s Board eligible to vote on that Potential Co-Investment Transaction under Section 57(o) of the Act (treating any registered investment company or series thereof as a BDC for this purpose).

  • Nonemployee Director means a Director who is not an Employee.

  • Nonemployee Director Award means any Award granted to a Nonemployee Director.

  • Eligible Director means a person who is (i) a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act, and (ii) an “outside director” within the meaning of Section 162(m) of the Code.

  • Employee Director means a member of the Board of Directors of the Company that is also an Employee of the Company.

  • Director Option means an Option granted pursuant to Section 6.

  • Qualified Director means a person who, at the time action is to be taken under:

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Director Award means the grant of any Award (other than an Incentive Stock Option), whether granted singly, in combination, or in tandem, to a Participant who is a Director pursuant to such applicable terms, conditions, and limitations established by the Board.

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

  • Director Fees means the total compensation (including annual retainer and meeting fees, if any) paid by the Corporation to a Director in a calendar year for service on the Board;

  • Designated Director means a person designated by the RE to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and shall include:

  • Non-Employee Directors means that term as defined in Rule 16b-3 under the 1934 Act.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Article 7.

  • Non-Employee Director means a Director who either (i) is not a current employee or officer of the Company or an Affiliate, does not receive compensation, either directly or indirectly, from the Company or an Affiliate for services rendered as a consultant or in any capacity other than as a Director (except for an amount as to which disclosure would not be required under Item 404(a) of Regulation S-K promulgated pursuant to the Securities Act (“Regulation S-K”)), does not possess an interest in any other transaction for which disclosure would be required under Item 404(a) of Regulation S-K, and is not engaged in a business relationship for which disclosure would be required pursuant to Item 404(b) of Regulation S-K; or (ii) is otherwise considered a “non-employee director” for purposes of Rule 16b-3.

  • Directors Fees means the annual fees paid by any Employer, including retainer fees and meetings fees, as compensation for serving on the board of directors.

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Inside Director means a Director who is an Employee.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Investor Director means a member of the Board who was elected to the Board as an Investor Director Designee.

  • Stock Unit Account means the bookkeeping account established by the Company pursuant to Section 6.4.

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Investor Directors has the meaning set forth in Section 2(a).