Director RSU Plan definition

Director RSU Plan means the restricted share unit plan for directors dated November 6, 2019, that allows a director to elect to receive some of their annual equity compensation in Director RSUs
Director RSU Plan means the Restricted Share Unit Plan for Directors of Company, effective November 6, 2019 (amended effective March 1, 2023).

Examples of Director RSU Plan in a sentence

  • Under the Director RSU Plan, units vest one-third each year for three years.

  • For DSUs granted in or after 2014, the number of DSUs held by a director is increased each month, based on dividends earned on those DSUs during the month, on a compounding basis.Director RSU PlanDirectors may elect to receive all or a portion of their equity retainer in Director RSUs issued under the Director RSU Plan.

  • Incentive Plan Awards – Value Vested or Earned During the YearThe following table sets forth the value of the share-based awards that vested or were earned in 2021 for each director under the Director RSU Plan, as well as DSUs that were settled in 2021 for Messrs.

  • The 2022 DSOP and the 2022 Director RSU Plan collectively authorize the issuance of up to a maximum of 280,000 Ordinary Shares.

  • The 2021 DSOP and the 2021 Director RSU Plan collectively authorize the issuance of up to a maximum of 220,000 Ordinary Shares.

  • Ordinary Shares available for grant or sale under each of the 2022 DSOP and the 2022 Director RSU Plan will be reduced by the net Ordinary Shares granted under the other plan.

  • Ordinary Shares available for grant or sale under each of the 2021 DSOP and the 2021 Director RSU Plan will be reduced by the net Ordinary Shares granted under any such plan.

  • For additional information on the Deferred Share Unit Plan and the Director RSU Plan, see Schedule D.Name Hilary A.

  • Under Enerplus’ Director DSU Plan and Director RSU Plan, directors receive compensation in relation to the value of a specified number of underlying notional shares.

  • POSSESSION of weapon offences have also increased in the most recent period across England and Wales.


More Definitions of Director RSU Plan

Director RSU Plan means the agreements under which restricted stock units have been granted by the Company to certain directors of the Company;
Director RSU Plan means the restricted share unit plan for directors dated November 6, 2019, under which Enerplus may grant directors RSUs as share-based annual compensation

Related to Director RSU Plan

  • Equity Award means stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares or any other form of award that is measured with reference to the Stock.

  • 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.

  • RSU Award or “RSU” means an Award of restricted stock units representing the right to receive an issuance of shares of Common Stock which is granted pursuant to the terms and conditions of Section 5(a).

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • Restricted Stock Unit Agreement means the agreement consistent with the terms of the Plan between the Company and the recipient of a Restricted Stock Unit that contains the terms, conditions and restrictions pertaining to such Restricted Stock Unit.

  • RSU Award Agreement means a written agreement between the Company and a holder of a RSU Award evidencing the terms and conditions of a RSU Award grant. The RSU Award Agreement includes the Grant Notice for the RSU Award and the agreement containing the written summary of the general terms and conditions applicable to the RSU Award and which is provided to a Participant along with the Grant Notice. Each RSU Award Agreement will be subject to the terms and conditions of the Plan.

  • Restricted Stock Unit means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 8. Each Restricted Stock Unit represents an unfunded and unsecured obligation of the Company.

  • Restricted Stock Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Award evidencing the terms and conditions of a Restricted Stock Award grant. Each Restricted Stock Award Agreement will be subject to the terms and conditions of the Plan.