Performance Share Unit Account definition

Performance Share Unit Account or “PSU Account” means an account described in section 4.1.
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Performance Share Unit Account means the notional account maintained for each Participant to which Performance Share Units are credited.
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Performance Share Unit Account means the account maintained for a Participant on the books of the Corporation into which Performance Share Units will be credited and debited in accordance with the terms and conditions of the Plan;
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Examples of Performance Share Unit Account in a sentence

  • An Account, to be known as a "Performance Share Unit Account", shall be maintained by the Corporation for each Participant.

  • One can not fail to be impressed by the depth and dimensions of the welfare state, be it through cash benefits, health care, or comprehensive support for families to mention a few.

  • From time to time, a Participant’s Performance Share Unit Account shall be credited with Dividend Performance Share Units in the form of additional Performance Share Units (‘‘Dividend Performance Share Units’’ and each a ‘‘Dividend Performance Share Unit’’) in respect of outstanding Performance Share Units on each dividend payment date in respect of which normal cash dividends are paid on Common Shares.

  • Five non-voting members consist of representatives appointed by each member of the Congressional delegation and one appointed by the Governor.

  • Any additional Performance Share Units so credited to a Participant's Performance Share Unit Account as a Dividend Equivalent shall have a Performance Period and Vesting Date, and shall be subject to Performance Conditions, which are the same as the Performance Period, Vesting Date and Performance Conditions for the Performance Share Units in respect of which such additional Performance Share Units are credited.

  • Each Performance Share Unit in respect of which the Participant receives a cash or Share payout, or which does not become a Vested Unit, is forfeited, is cancelled or is terminated, shall be debited from the Participant's Performance Share Unit Account.

  • All Performance Share Units recorded in a Participant's Performance Share Unit Account which have vested in accordance with Section 6.1 above and any Performance Share Units which vest as contemplated in Sections 6.5 and 9.1 are referred to herein as "Vested Performance Share Units".

  • Practice Learning Opportunities are very much dependent on the availability of qualified and experienced Practice Assessors within teams, and on the capacity of the teams to accommodate a student social worker.

  • Details regarding the classifiers and their evaluation performance can be found in [2].

  • An account, to be known as a "Performance Share Unit Account", shall be maintained by the Corporation or its agent for each Participant.

Related to Performance Share Unit Account

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

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

  • 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.

  • Performance Unit Award means an award of Performance Units under this Plan.

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • Phantom Stock Unit means the right to receive the value of one (1) share of the Company’s Common Stock, subject to the provisions of Section 8.4 of the Plan.

  • 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.

  • Share Unit means a unit credited by means of an entry on the books of the Corporation to a Participant pursuant to the Plan, representing the right to receive, subject to and in accordance with the Plan, for each Vested Share Unit one Share, at the time, in the manner, and subject to the terms, set forth in the Plan and the applicable Grant Agreement;

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Performance Units means an Award which may be earned in whole or in part upon 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.

  • 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.

  • Stock Unit means a bookkeeping entry representing the equivalent of one Common Share, as awarded under the Plan.

  • Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(c).

  • Performance Stock means a Target Number of Shares granted pursuant to Section 10(a) of the Plan.

  • Performance Unit means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing pursuant to Section 10.

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

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

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

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

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

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

  • Other Stock Unit Award means any right granted to a Participant by the Committee pursuant to Section 10 hereof.

  • Phantom Share means a right, pursuant to the Plan, of the Grantee to payment of the Phantom Share Value.

  • Share Award means an Award of Shares granted pursuant to Section 10.