Examples of Equity Unit in a sentence
Equity Units may be granted in connection with Options or independently, but an Equity Unit granted in connection with an ISO only may be granted at the same time the ISO is granted.
An Equity Unit granted independent of any other Award will be exercisable pursuant to the terms of the Award Agreement granting the Equity Unit.
The obligations in respect of the Parent Deferred Equity Units shall be payable or distributable in accordance with the terms of the Company Deferred Equity Unit Plan relating to such Parent Deferred Equity Units.
No ISO (or an Equity Unit granted in connection with an ISO) shall be exercisable more than 10 years after the date of grant.
An Equity Unit related to an Option will be exercisable at such time or times, and to the extent, that the related Option is exercisable.