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;

Examples of Share Unit in a sentence

  • Holdings and Executive entered into a Performance Share Unit Award Agreement (the “PSU 2022 Award”) pursuant to the 2013 Plan.

  • Xxxxxxxxxxx has caused this Performance Share Unit Award Agreement to be executed by its duly authorized officer as of the date specified in Section 2, and the Participant has duly executed this Performance Share Unit Award Agreement as of the date specified in Section 2 and consents to and approves all of its terms.

  • The Company may, in its sole discretion, decide to deliver any documents related to the Restricted Share Unit grant under and participation in the Plan or future Restricted Share Units that may be granted under the Plan by electronic means or to request Awardee’s consent to participate in the Plan by electronic means.

  • The Company may, in its sole discretion, decide to deliver any documents related to the Performance Share Unit grant under and participation in the Plan or future Performance Share Units that may be granted under the Plan by electronic means or to request Awardee’s consent to participate in the Plan by electronic means.

  • The Restricted Share Unit grant evidenced by this Agreement will, at the discretion of the Administrator, be forfeited if this Agreement is not manually executed and returned to the Company, or electronically executed by Awardee by indicating Awardee’s acceptance of this Agreement in accordance with the acceptance procedures set forth on the Company’s third-party equity plan administrator’s web site, within 90 days of the Grant Date.


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.