RSU Account definition

RSU Account means (i) the sum of all of a Participant’s RSU Deferral Amounts, plus (ii) the hypothetical deemed investment earnings and losses credited or charged in accordance with all the applicable provisions of this Plan that relate to the Participant’s RSU Deferral Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s RSU Account.

RSU Account means the account established by the Company in respect of a Member pursuant to Section 4.01 (RSU Accounts) to which RSU Allocations and RSU Dividends are recorded.

RSU Account means Restricted Stock Units credited to the Participant immediately prior to the Reallocation Date.

Examples of RSU Account in a sentence

• Such distributions will be credited to the participant’s RSU Account in the form of additional RSUs. The number of RSUs to be credited for each dividend will be equal to the aggregate amount of such dividend divided by the volume weighted average closing price of the Common Shares on the TSX for the five trading days immediately preceding the date such dividend was declared.

• The Board of Directors, or any committee designated by the Board of Directors, may meet by means of conference telephone or similar communications equipment whereby all persons participating in the meeting can hear each other, and participation in a meeting pursuant to this by-law shall constitute presence in person at such meeting.

• Restricted Stock Units shall be credited to the Grantee’s RSU Account as of the Grant Date of such Restricted Stock Units.

• Any such dividend equivalents credited to the Grantee’s RSU Account, relating to Performance-Based RSUs that are forfeited, shall also be forfeited.

• The “Settlement Date” for all Restricted Stock Units credited to a Grantee’s RSU Account shall be the date when Restrictions applicable to an Award of Restricted Stock Units have lapsed.

More Definitions of RSU Account

RSU Account means an unfunded bookkeeping account, notionally established on behalf of the Participant, that will be credited with any Accrued RSUs pursuant to the terms of this Agreement.

RSU Account means the account maintained by the Corporation for each Participant participating in this RSU Plan to be credited with notional grants of RSUs from time to time.

RSU Account means a bookkeeping account representing the Participant’s Deferred RSUs, including any adjustments for earnings, losses, or Dividend Equivalents.

RSU Account means a savings or loan account or demand account that may be accessed through use of an RSU.

RSU Account means the account maintain on the books of the Company for a Participant for the purpose of accounting for the Deferred RSUs and Converted RSUs.

RSU Account means the bookkeeping account maintained for each Participant and maintained in accordance with Section 5.3 and the applicable Equity Plan that reflects (a) all RSUs granted to him or her as part of an Award pursuant to this Program and the Equity Plan, (b) all RSUs added as a result of dividend equivalents deemed to be reinvested in RSUs, and (c) any cash, securities, or property distributions that were not deemed reinvested in additional RSUs.

RSU Account has the meaning ascribed thereto in Section 4.