IR RSUs definition

IR RSUs means restricted share units granted under any IR Equity Plan, other than those which are IR PSUs.
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IR RSUs means restricted share units granted under any IR Equity Plan, other than those which are IR PSUs. “IR Savings Plans” means the Xxxxxxxxx-Xxxx Company Employee Savings Plan and the Xxxxxxxxx-Xxxx Company Employee Savings Plan for Bargained Employees. “IR Savings Plan Beneficiaries” has the meaning set forth in Section 7.3(a). “IR Stock Appreciation Rights” means stock appreciation rights covering IR Ordinary Shares granted pursuant to any IR Equity Plan. “IR UK Pension Plan” has the meaning set forth in Section 14.1. “IR Welfare Plan” means any Welfare Plan sponsored or maintained by any one or more members of the IR Group as of immediately prior to the Effective Time. “IRS” means the Internal Revenue Service. “Law” has the meaning set forth in the Distribution Agreement. “Liabilities” has the meaning set forth in the Distribution Agreement. “NYSE” means the New York Stock Exchange. “Parent Pension Plans” has the meaning set forth in Section 6.1. “Party” or “Parties” has the meaning set forth in the preamble to this Agreement. “Person” has the meaning set forth in the Distribution Agreement. “Privacy Contract” means any contract entered into in connection with applicable privacy protection Laws or regulations. “Regular Trading Hours” means the period beginning at 9:30 A.M. New York City time and ending at 4:00 P.M. New York City time. “Revised Pension Plan Transfer Amount” shall have the meaning set forth in Section 6.2(b)(iv). “Schlage Lock Company LLC 401(k) Plans” has the meaning set forth in Section 7.1. “Schlage Lock Company LLC 401(k) Plan Beneficiaries” has the meaning set forth in Section 7.2. “Schlage Lock Company LLC Pension Plan” shall have the meaning set forth in Section 6.1. “Schlage Lock Company LLC Pension Plan Participants” shall have the meaning set forth in Section 6.1. “Subsidiary” has the meaning set forth in the Distribution Agreement. “Tax” has the meaning set forth in the Tax Matters Agreement. “Tax Matters Agreement” means the Tax Matters Agreement, dated as of [•], 2013 by and among IR and Allegion. “Trading Day” means the period of time during any given calendar day, commencing with the determination of the opening price on the NYSE and ending with the determination of the closing price on the NYSE, in which trading and settlement in IR Ordinary Shares or Allegion Ordinary Shares are permitted on the NYSE. “Transaction” has the meaning set forth in the recitals to this Agreement. “Transferred Group Adoption Date” means the applic...
Sample 1
IR RSUs means restricted share units granted under any IR Equity Plan, other than those which are IR PSUs. “ IR Savings Plans ” means the Ingersoll-Rand Company Employee Savings Plan and the Ingersoll-RandCompany Employee Savings Plan for Bargained Employees.
Sample 1

Examples of IR RSUs in a sentence

  • The Allegion RSUs shall be subject to substantially the same terms and conditions (including vesting terms) as in effect for the corresponding IR RSUs immediately prior to the Effective Time; provided, however, with respect to each such Allegion RSU, “Change in Control” shall have the meaning set forth in the Allegion Equity Plan (i.e., a Change in Control of Allegion rather than IR).

  • IR RSUs held by an IR Group Employee or a Former IR Group Employee immediately prior to the Effective Time shall be adjusted by dividing the number of IR RSUs subject to each grant by the IR Ratio.

  • Also, the statements regarding the access road should be revised to indicate that removal of the access roads is required.

  • If the resulting product includes a fractional share, the number of IR RSUs shall be rounded up to the nearest whole share.

  • The terms and conditions (including vesting terms) to which the IR RSUs are subject shall be substantially the same terms and conditions before and after the Effective Time.

  • The conversion of Legacy IR equity awards held by SpinCo Employees into adjusted awards of New IR Stock Options or New IR RSUs is described in the “Explanatory Note” below.

  • This Registration Statement has been filed for the purpose of registering 1,256,264 shares of New IR Common Stock at a minimum equal to the number of shares underlying the New IR Stock Options and those New IR RSUs that the Registrant has concluded constitute Substitute Awards (i.e., awards assumed in corporate transactions that do not need to be deducted from the Plan’s share reserve) under the Plan.

  • IR shall be responsible for all Liabilities associated with IR RSUs, IR PSUs and IR Notional Shares, including any share delivery, registration or other obligations related to the settlement of the IR RSUs, IR PSUs and IR Notional Shares.

Related to IR RSUs

  • Company RSUs means any restricted stock units granted under any of the Company Equity Plans.

  • RSUs means restricted stock units.

  • Company RSU Award means an award of restricted stock units relating to shares of Company Common Stock granted under a Company Equity Incentive Plan (including any dividend equivalent units credited thereon).

  • PSUs means the outstanding performance share units governed by the performance share unit plan of the Company dated December 16, 2013, as amended from time to time;

  • RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.

  • Dividend Equivalent Unit means the right to receive a payment, in cash or Shares, equal to the cash dividends or other cash distributions paid with respect to a Share.

  • DSUs means the outstanding deferred share units issued under the DSU Plan.

  • 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).

  • 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.

  • 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.

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

  • Dividend Equivalent Rights means certain rights to receive cash payments as described in Section 3.5.

  • Dividend Equivalents means a right granted to a Participant under the Plan to receive the equivalent value (in cash or Shares) of dividends paid on Shares.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • 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 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.

  • Company PSUs means the outstanding performance share units of the Company issued pursuant to: (i) the Company Legacy Equity Incentive Plan; and (ii) the Company PRSU Plan.

  • 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.

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

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

  • Company Restricted Stock Unit means a restricted stock unit issued pursuant to any of the Company Equity Plans that remains outstanding as of immediately prior to the Effective Time (other than Company Performance Restricted Stock Units).

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

  • PSU means Public Sector Undertaking

  • Dividend Equivalent Right means an Award entitling the grantee to receive credits based on cash dividends that would have been paid on the shares of Stock specified in the Dividend Equivalent Right (or other award to which it relates) if such shares had been issued to and held by the grantee.

  • Dividend Equivalent means a right to receive the equivalent value (in cash or Shares) of dividends paid on Shares, awarded under Section 9.2.

  • 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.