Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.
Restricted Share Unit means a right, granted under Section 5(e), to receive Shares or cash at the end of a specified deferral period.
Restricted Share Unit or “RSU” 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 5;
Examples of Restricted Share Unit in a sentence
At the discretion of the Board, each Restricted Share Unit or Deferred Share Unit (representing one Class C Share) may be credited with an amount equal to the cash and share dividends paid by the Company in respect of one Class C Share (“Dividend Equivalents”).
No Class C Shares will be issued at the time a Restricted Share Unit is granted, and the Company will not be required to set aside funds for the payment of any such Award.
More Definitions of Restricted Share Unit
Restricted Share Unit means an unfunded, unsecured right to receive, on the applicable settlement date, one Share or an amount in cash or other consideration determined by the Administrator to be of equal value as of such settlement date, subject to certain vesting conditions and other restrictions.
Restricted Share Unit means an Award granted pursuant to Article 7.
Restricted Share Unit means a grant or sale of the right to receive Shares or cash at the end of a specified restricted period made pursuant to Section 9.
Restricted Share Unit or “RSU” means a right granted to a Participant to receive Shares or cash upon the lapse of restrictions imposed under Section 7.
Restricted Share Unit means a right awarded to a Participant to receive a payment in Shares as provided in Section 5.1 hereof and subject to the terms and conditions of this Plan and the applicable Award Agreement;
Restricted Share Unit means an Award granted pursuant to Section 8.6.