Unit Option Plan definition

Unit Option Plan means the Unit Option Plan of the REIT described under "Management of the REIT — Unit Option Plan".

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Unit Option Plan means the Non-Qualified Unit Option Plan of the Partnership described in Section 4.6.

Unit Option Plan means any unit option plan now or hereafter adopted by the Partnership, NEE Partners or the NEE Partners General Partner.

Examples of Unit Option Plan in a sentence

• Executive shall be entitled to participate in the Unit Option Plan adopted by the Partnership on the terms and conditions set forth therein.

• The grant of an option to acquire Units under the Unit Option Plan, which grant is in the sole and absolute discretion of the General Partner, to any Person shall constitute the consent of the General Partner to such Person (but not any Assignee) to becoming a Limited Partner upon exercise of such option to acquire Units.

• New unit option agreements granting the Replacement Unit Option under the Unit Option Plan shall be distributed to the Optionee as soon as practicable following the Effective Time.

• However, unless as otherwise provided herein, the benefits, rights, and features of the Replacement Unit Option shall be governed by the terms and conditions of the Unit Option Plan.

• This Agreement, together with the Unit Option Plan and the Distribution Equivalent Rights Plan, contains the entire agreement and understanding of the parties with respect to the employment of Executive by the Partnership and supersedes all prior and contemporaneous agreements between them with respect to such subject matter.

More Definitions of Unit Option Plan

Unit Option Plan means the unit option plan of the REIT, as amended and restated, as described under “Management of the REIT — Unit Option Plan” in the AIF; and

Unit Option Plan means the unit option plan of the Trust dated as at November 24, 2006 and amended on May 24, 2007, September 30, 2009, June 28, 2010, and June 14, 2013;

Unit Option Plan means the unit option plan of the REIT which was established in 1996, as amended from time to time.

Unit Option Plan means the unit option plan of the REIT which provides for the grant, from time to time, at the discretion of the Trustees, of options to purchase Units for cash to the Trustees, officers and employees of the REIT or any subsidiary of the REIT and any subsidiary, officers and employees of Allied Canadian Development Corporation.

Unit Option Plan means the plan pursuant to which the Trust grants Options to Service Providers, as amended from time to time.

Unit Option Plan means the Unit Option Plan of BTB adopted on October 3, 2006 and as amended from time to time.

Unit Option Plan means the unit option plan which the Trust may adopt from time to time providing for the issuance, from time to time, of options to purchase Units for cash to the members of the Trust’s management.