Restricted Incentive Units definition

Restricted Incentive Units has the meaning set forth in Section 3.03(b)(i)(A).
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Restricted Incentive Units has the meaning set forth in Section 3.05(f)(i). “Restricted Period” has the meaning set forth in Section 11.03(a).
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Restricted Incentive Units means any Incentive Units that have not vested pursuant to the terms of the Incentive Plan and any associated Award Agreement.
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Examples of Restricted Incentive Units in a sentence

  • Accordingly, the right to receive such dividends and Dividend Equivalent payments shall be forfeited to the extent that the underlying Restricted Stock or Restricted Incentive Units do not vest, are forfeited or are otherwise cancelled pursuant to such Award.

  • This is a grant of Restricted Incentive Units under the company's long-term incentive plan, of which 50% is scheduled to vest on the second anniversary of the vesting commencement date and the remaining 50% is scheduled to vest on the third anniversary of the vesting commencement date.

  • Awards may, at the Committee’s sole discretion, be granted under the Plan in the form of Options, UARs, Restricted Unit Awards, Restricted Incentive Units, Unit Awards, Cash Awards, Performance Awards or a combination thereof.

  • The Grantee agrees to comply with any valuation determination that the Company or an Affiliate or Subsidiary makes with regard to or affecting the Restricted Incentive Units, including, without limitation, the Grant Date Fair Market Value set forth in Section 5.

  • The impetus for this requirement was a result of past planning which tended to rely on catering for projected increased transport needs based on a continuation of land use and development trends.

  • In the event of a distribution payable in Incentive Units or other property or a reclassification, split-up or similar event with respect to Incentive Units during the Restriction Period, the Incentive Units or other property issued or declared with respect to the Restricted Incentive Units shall be subject to the same terms and conditions and forfeiture provisions relating to vesting as the Restricted Incentive Units to which they relate.

  • Neither the Subject Award nor the Restricted Incentive Units is assignable or transferable by Participant, and, the Restricted Incentive Units shall not be assigned, alienated, pledged, attached, sold, or otherwise transferred or encumbered by Participant in any manner.

  • The Company has determined that the fair market value of the Unrestricted Incentive Units and the Restricted Incentive Units is zero because the aggregate indebtedness of the Company is substantially in excess of its present enterprise value.

  • The Grantee understands that Section 83 of the Code taxes as ordinary income the difference, if any, between the amount paid for the Restricted Incentive Units and the fair market value of the Restricted Incentive Units as of the date any restrictions on the Incentive Units lapse pursuant to Section 6 of this Agreement.

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More Definitions of Restricted Incentive Units

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Related to Restricted Incentive Units

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit 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.

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

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Restricted Share Award means an award of Restricted Shares.

  • 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.

  • 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.

  • Restricted Stock Bonus means Stock granted to a Participant pursuant to Section 8.

  • Restricted Award means any Award granted pursuant to Section 7.2(a).

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

  • Restricted Stock means Shares issued pursuant to a Restricted Stock award under Section 7 of the Plan, or issued pursuant to the early exercise of an Option.

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

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

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • Restricted Share means a Share awarded to a Participant pursuant to Article 6 that is subject to certain restrictions and may be subject to risk of forfeiture.

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

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

  • 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.

  • 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.

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

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

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Company Restricted Stock Award means each award with respect to a share of restricted Company Common Stock outstanding under any Company Stock Plan that is, at the time of determination, subject to forfeiture or repurchase by the Company.

  • Company Restricted Share means each restricted share of Company Common Stock outstanding as of the Effective Time granted pursuant to any equity or compensation plan or arrangement of the Company.

  • Restricted means the outcome of an adverse action that limits a license or the privilege to practice.

  • Unrestricted Stock Award means an Award of shares of Stock free of any restrictions.