Stock Equivalent Unit definition

Stock Equivalent Unit means an Award that entitles the Participant to receive on the Settlement Date an amount equal to the Fair Market Value of one share of Common Stock on such date.

Stock Equivalent Unit means an Award that is valued by reference to the value of Common Shares.

Stock Equivalent Unit means an Award that is valued by reference to the value of shares of Common Stock.

Examples of Stock Equivalent Unit in a sentence

• A Stock Equivalent Unit is an Award based on the Fair Market Value of one share of Stock.

• Except in the case of a fractional Stock Equivalent Unit, which shall be paid in cash, all distributions from the Nordson Stock Measurement Fund shall be made only in the form of Stock.

• Upon exercise of this Warrant, both the Company and the Registered Owner purchasing Units pursuant to the terms of this Warrant shall enter into a Stock Equivalent Unit Participation Agreement in the form of Attachment 1 hereto (the “Participation Agreement”).

• Each Bonus Stock Award, Stock Equivalent Unit Award, Restricted Stock Award, Restricted Stock Unit Award and Performance Unit Award shall be subject to such conditions, restrictions and contingencies as the Committee shall determine.

• The Plan is intended to replace and supersede the Company's Directors' Interest Accrual Deferral Plan and the Company's Directors' Stock Equivalent Unit Deferral Plan (collectively, the "Prior Plans").

More Definitions of Stock Equivalent Unit

Stock Equivalent Unit means a unit representing an equivalent number of shares and fractional shares of Common Stock in which a Participant’s Deferred Compensation Account shall be deemed invested in accordance with Sections 4.3 and 4.4 hereof. A Stock Equivalent Unit is not an actual share of Common Stock, but shall represent an equivalent number of shares of Common Stock that will become distributable to a Participant upon or commencing upon such Participant’s Deferral Date. The number of Stock Equivalent Units credited to Deferred Compensation Accounts shall be proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock resulting from a stock split, reverse stock split, stock dividend, combination or reclassification of the Common Stock, or any other increase or decrease in the number of issued shares of Common Stock effected without receipt of consideration by the Corporation; provided, however, that conversion of any convertible securities of the Corporation shall not be deemed to have been "effected without receipt of consideration." Except as expressly provided herein, no issuance by the Corporation of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number of Stock Equivalent Units hereunder.

Stock Equivalent Unit means an Award that is valued by reference to the value of the Class A Common Stock.

Stock Equivalent Unit means an Award that entitles the Participant to receive on the relevant Settlement Date an amount in cash equal to the Market Price on such Settlement Date of a specified number of shares of Common Stock.

Stock Equivalent Unit means a bookkeeping entry representing a hypothetical investment in Stock.

Stock Equivalent Unit means a notional share of Stock for purposes of the Plan.

Stock Equivalent Unit means the right to receive the Fair Market Value of a share of Stock in the form of cash or Stock as elected in accordance with Section 9 hereof and subject to the conditions set forth in the Plan.

Stock Equivalent Unit means the right to receive an amount, determined as of the applicable “Valuation Date,” equal to the combined fair market value of nine (9) shares of nonvoting common stock and one (1) share of voting common stock of the Company. Each “Stock Equivalent Unit” granted with respect to a “Plan Year” vests at a rate of 20% for each “Year of Service” from the first day of the “Plan Year,” or immediately upon a “Change in Control.”