RTU Plan definition

RTU Plan means Alaris’ restricted trust unit plan, as more particularly described beginning on page 34 of this Information Circular under the heading “Alaris RTU Plan”.
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RTU Plan means the amended and restated restricted trust unit plan of Killam;
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RTU Plan means the restricted trust unit plan of the Trust to be adopted as of the Effective Time.
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Examples of RTU Plan in a sentence

  • The Trust also grants RTUs subject to performance conditions under the RTU Plan for certain senior executives.

  • The Trust has a Restricted Trust Unit Plan (“RTU Plan”) and a Unit Option Plan as approved by shareholders at a special shareholders meeting on July 31, 2008 that authorizes the Board of Directors to grant awards of Restricted Trust Units (“RTUs”) and Unit Options (“Options”) subject to a maximum of ten percent of the issued and outstanding units of the Trust.The RTU Plan will settle in voting trust units which may be issued from treasury or purchased on the Toronto Stock Exchange.

  • The Trust has a Restricted Trust Unit Plan (“RTU Plan”) as approved by shareholders at a special shareholders meeting on July 31, 2008 that authorizes the Board of Trustees to grant awards of Restricted Trust Units (“RTUs”) subject to a maximum of 2.5% of the issued and outstanding units of the Trust.The RTU Plan will settle in voting trust units which may be issued from treasury or purchased on the Toronto Stock Exchange.

  • All other compensation includes Killam’s match for the employees’ participation in Killam’s unit purchase plan and distributions paid on RTUs, which are automatically reinvested pursuant to the RTU Plan.

  • Both measures align with Killam’s strategic objectives and are drivers for increasing unitholder value, with the underlying objective of the RTU Plan being to focus executives on the achievement of long-term strategic objectives in addition to meeting short-term business and financial objectives contained in Killam’s annual business plan.

  • As of March 5, 2019, the Option Plan was terminated and no further Options may be issued under.2. Calculated in reference only to outstanding Options, as there is no exercise price for outstanding RTUs.3. Based on the total number of Units currently reserved for issuance under the Option Plan and RTU Plan less current issued Options and RTUs in column (a).

  • The unit-based compensation expense relating to the RTU Plan is based on the unit price of the Alaris units at March 31, 2022 and based on the remaining time left until vesting for each tranche of units.

  • While the EUPP and DTU Plan require settlement in Trust Units and the RTU Plan is settled in cash, all these plans are accounted for as cash- settled awards, as Chartwell's Trust Units are puttable.

  • A value of $0 is recorded for all Options that were out of the money.2. Other than the RTU Plan, the Trust does not have any unit-based awards.

  • Under the terms of the RTU Plan, qualified employees are granted notional Trust Units on an annual basis which will vest three years after the date of any grant and will be paid out in cash ("RTU payout").

Related to RTU Plan

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Partnership or the General Partner, including the Plan.

  • Stock Plan means any stock incentive, stock option, stock ownership or employee benefits plan of the General Partner.

  • Stock Incentive Plan has the meaning set forth in Section 3(b) of the Agreement.

  • Service Plan means the Operating Plan and Budget appended as Schedules A and D2a of Schedule D;

  • Company 401(k) Plan shall have the meaning set forth in Section 4.11(f).

  • RSU Award Agreement means a written agreement between the Company and a holder of a RSU Award evidencing the terms and conditions of a RSU Award grant. The RSU Award Agreement includes the Grant Notice for the RSU Award and the agreement containing the written summary of the general terms and conditions applicable to the RSU Award and which is provided to a Participant along with the Grant Notice. Each RSU Award Agreement will be subject to the terms and conditions of the Plan.