Share Unit definition

Share Unit means either an RSU or a PSU, as the context requires.

Share Unit means a unit credited by means of an entry on the books of the Corporation to a Participant pursuant to the Plan, representing the right to receive, subject to and in accordance with the Plan, for each Vested Share Unit one Share, at the time, in the manner, and subject to the terms, set forth in the Plan and the applicable Grant Agreement;

Share Unit means a Performance Share Unit or a Restricted Share Unit.

Examples of Share Unit in a sentence

• For the purposes of this Agreement, a “Restricted Share Unit” is the contingent right to receive the equivalent of one (1) Share, in the event the Restricted Share Unit vests and becomes payable pursuant to the terms of this Agreement.

• 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”).

• The Company shall debit one Share Unit from the Participant’s Stock Account for each Share distributed from the Participant’s Account as of the date of such distribution.

• 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.

• Xxxxxx PERFORMANCE SHARE UNIT GRANT NOTICE EXHIBIT A PERFORMANCE SHARE UNIT AGREEMENT This Performance Share Unit Agreement (this “Agreement”) is made as of the Date of Grant by and between Talos Energy Inc., a Delaware corporation (the “Company”), and Xxxxxxx X.

More Definitions of Share Unit

Share Unit means a RSU or PSU, as the context requires;

Share Unit means a unit credited to a Participant’s account in accordance with the terms and conditions of the Plan.

Share Unit means a bookkeeping entry representing the equivalent of one Share, as awarded under the Plan.

Share Unit means a right awarded to a Participant to receive a payment as provided in Article 4 hereof and subject to the terms and conditions of this Plan;

Share Unit means a bookkeeping entry representing the equivalent of a Share awarded to a Grantee pursuant to Section 10 hereof.

Share Unit means a share unit that is subject to the terms, conditions and limitations described or referred to in Section 7(c).

Share Unit means a bookkeeping entry representing the equivalent of one share of Common Stock that is payable in the form of Common Stock, cash, or any combination of the foregoing.