Forfeited Units definition

Forfeited Units means the aggregate number of Class B Units that were granted to all grantees on the Effective Date that have been forfeited as of a particular date.
Sample 1Sample 2Sample 3
Forfeited Units shall have the meaning set forth in Section 5.6 hereof.
Sample 1Sample 2Sample 3
Forfeited Units has the meaning set forth in Section 4.4.5.
Sample 1Sample 2Sample 3

Examples of Forfeited Units in a sentence

  • Forfeited Units may be sold or otherwise disposed of to an Eligible Investor.

  • If there is a sale of more than one Forfeited Unit, the Trustee must pay the expenses listed in clause3.14(a)(1) and 3.14(a)(2) pro rata to the number of Forfeited Units being sold.

  • If there is a sale of more than one Forfeited Unit, the Trustee must pay the expenses listed in clause 3.13(a)(1) and (2) pro rata to the number of Forfeited Units being sold.

  • If there is a sale of more than one Forfeited Unit, the Trustee must pay the expenses listed in clause3.13(a)(1) and (2) pro rata to the number of Forfeited Units being sold.

  • If there is a sale of more than one Forfeited Unit, the Responsible Entity must pay the expenses listed in clause 3.14(a)(1) and (2) pro rata to the number of Forfeited Units being sold.

  • If there is a sale of more than one Forfeited Unit, the Trustee must pay the expenses listed in clause 3.14(a)(1) and (2) pro rata to the number of Forfeited Units being sold.

  • If there is a sale of more than one Forfeited Unit, the Trustee must pay the expenses listed in clause 4.14(a)(1) and (2) pro rata to the number of Forfeited Units being sold.

  • Forfeited Units will be sold and the proceeds returned to the Fund, or as otherwise directed by the Fund.

  • Forfeited Units shall not be reallocated or credited to the Accounts of remaining Participants.

  • Forfeited Units may be disposed of8.9(a) The Trustee may dispose of a forfeited Unit (together with the Attached Securities) in such manner as it determines.


More Definitions of Forfeited Units

Forfeited Units has the meaning set forth in Section 8.02(c).
Sample 1Sample 2
Forfeited Units means Bonus Units that are forfeited by Eligible Employees on or after the Grant Date pursuant to the terms of the Plan.
Sample 1

Related to Forfeited Units

  • Unvested Units means any Executive Units which are not Vested Units.

  • Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Restricted Units means that number of restricted units listed in the Award Letter as “Awards Granted.”

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

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

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

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • RSUs means that number of Restricted Stock Units listed in the Award Notice as “Restricted Stock Units Granted.”

  • Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.

  • Phantom Shares means an Award of the right to receive Shares issued at the end of a Restricted Period which is granted pursuant to Section 6(e) of the Plan.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • LTIP Units means a Partnership Unit which is designated as an LTIP Unit and which has the rights, preferences and other privileges designated in Section 4.6 and elsewhere in this Agreement in respect of holders of LTIP Units. The allocation of LTIP Units among the Partners shall be set forth in the Partner Registry, as it may be amended or restated from time to time.

  • Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

  • Redeemed Units has the meaning set forth in Section 11.01(a).

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.

  • Tendered Units shall have the meaning set forth in Section 8.6.A.

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Phantom means a volume of material behaving in a manner similar to tissue with respect to the attenuation and scattering of radiation. This requires that both the atomic number (Z) and the density of the material be similar to that of tissue.

  • Class B Units means the Class B Units of the Company.

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).