Share Unit Program definition

Share Unit Program means the Share Unit Program, consisting of Part IV of the Plan, as amended and restated from time to time;
Share Unit Program means the Share Unit program described in Part IV of the Plan, as amended and restated from time to time;
Share Unit Program. |_| in accordance with the payment schedule selected in paragraphs 2 and 3 hereof (with payments made as though I survived to collect all benefits, and as though I terminated service on the date of my death if payments had not already begun).

Examples of Share Unit Program in a sentence

  • Deferred Share Unit Program for Employees (“DSU-E”) The Company established a deferred share unit program that allows executive officers to receive incentive compensation in the form of deferred share units.

  • Deferred Share Unit Program for Employees and Directors (“DSU-E”)The Company established a deferred share unit program that allows executive officers, directors and consultants to receive incentive compensation in the form of deferred share units.

  • The variable remuneration under the Performance Share Unit Program is further linked to the achievement of non-financial and, in particular, ESG targets.

  • Future Stock Option Plans may - subject to the approval of the General Meeting of MorphoSys AG- also include ESG targets in accordance with the ESG targets as defined for the Performance Share Unit Program as performance targets.

  • Further, the annual bonus, the Performance Share Unit Program and the Stock Option Plan provide for maximum limits (cap).

  • Restricted Share Unit ProgramUnder the Restricted Share Unit Program, annual bonuses for certain employees amounting to $612,000 were converted into 19,978 entirely vested restricted share units during the first quarter of 2007.

  • In addition, the Company adopted a Director Deferred Share Unit Program for non-employee board members.

  • Under the Performance Share Unit Program, ESG targets are an integral part of the performance targets to be achieved.

  • The plan conditions of the Performance Share Unit Program and the Stock Option Plan further provide for a provision pursuant to which all Performance Share Units and stock options granted to a member of the Management Board become fully vested in case of a Change of Control.

  • The long-term variable remuneration of the members of the Management Board consists of a Performance Share Unit Program.


More Definitions of Share Unit Program

Share Unit Program. CAPITAL TRUST, INC. PARTICIPANT By _____________________________________ __________________________________ A duly authorized officer or director Date: __________________________________ Date: ____________________________

Related to Share Unit Program

  • Grant program means the primary care and psychiatry shortage grant program under this section.

  • Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(c).

  • Performance Unit Award means an award of Performance Units under this Plan.

  • Stock Unit Agreement means the agreement between the Company and the recipient of a Stock Unit which contains the terms, conditions and restrictions pertaining to such Stock Unit.

  • 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;

  • Other Stock Unit Award means any right granted to a Participant by the Committee pursuant to Section 10 hereof.

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • PSU means Public Sector Undertaking

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

  • RSU Award or “RSU” means an Award of restricted stock units representing the right to receive an issuance of shares of Common Stock which is granted pursuant to the terms and conditions of Section 5(a).

  • DSU Plan means the Deferred Share Unit Plan of the Corporation.

  • RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • Pilot program means a program using a representative sample of residential and small commercial customers to assist in developing and offering customer choice of electricity supply for all residential and commercial customers.

  • Restricted Stock Unit Agreement means the agreement consistent with the terms of the Plan between the Company and the recipient of a Restricted Stock Unit that contains the terms, conditions and restrictions pertaining to such Restricted Stock Unit.

  • Service program or “service” means any medical care ambulance service or nontransport service that has received authorization by the department.

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • MIP has the meaning set forth in Section 3(b) of the Agreement.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Article 7.

  • Share Award means an Award of Shares granted pursuant to Section 10.

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

  • Deferral Plan means the UGI Corporation 2009 Deferral Plan.

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.