Restricted Share Unit Award definition

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 Share Unit Award means an award of Restricted Share Units under this Plan.

Restricted Share Unit Award means an Award granted under Article X of the Plan under which, upon the satisfaction of predetermined individual service-related vesting requirements, a cash payment shall be made to the Holder, based on the number of Units awarded to the Holder.

Examples of Restricted Share Unit Award in a sentence

• The Administrator will determine and set forth in the Award Agreement the terms and conditions for each Restricted Share and Restricted Share Unit Award, subject to the conditions and limitations contained in the Plan.

• If a Participant who has received Restricted Share Units provides the Committee with written notice of his or her intention to make a Section 83(b) Election with respect to the Shares subject to such Restricted Share Units, the Committee may in its discretion convert the Participant’s Restricted Share Units into Restricted Shares, on a one-for-one basis, in full satisfaction of the Participant’s Restricted Share Unit Award.

• At the time of the grant of a Restricted Share Unit Award, the Board may impose such restrictions on or conditions to the vesting of the Restricted Share Unit Award as it, in its sole discretion, deems appropriate.

• The terms and conditions of Restricted Share Unit Award Agreements may change from time to time, and the terms and conditions of separate Restricted Share Unit Award Agreements need not be identical.

• The granting of the Restricted Share Unit Award does not form part of and should in no way be construed as a term or condition of employment.

More Definitions of Restricted Share Unit Award

Restricted Share Unit Award means an award of Restricted Share Units under the Plan to a Participant;

Restricted Share Unit Award means a bookkeeping entry representing an amount equal to the Fair Market Value of one Common Share, granted pursuant to the terms and conditions of Article 9;

Restricted Share Unit Award means a right to receive Common Shares which is granted pursuant to the terms and conditions of Section 11.

Restricted Share Unit Award means an Award in the form of Restricted Share Units.

Restricted Share Unit Award means an award of Restricted Share Units.

Restricted Share Unit Award as defined by and pursuant to the terms of the Plan, and pursuant to the terms set forth herein;

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