Examples of Unit Plan in a sentence
Provide a brief description of the immediate budget request(s) made in your Resource Plan (formerly called the Unit Plan).
The Company has a Restricted Share Unit Plan under which eligible directors, officers and key employees of the Company are entitled to receive awards of restricted share units.
The Company has established a Performance Share Unit Plan (“the PSU plan”) whereby PSUs will be issued to eligible employees as determined by the Company’s Board of Directors or the Company’s Compensation Committee.
Any such payment shall be in lieu of any payment otherwise due under the Company's "Annual Incentive Plan" or "Performance Unit Plan" for the year in which the Executive's termination occurs.
In granting share units, the Board of Directors (or a committee thereof) may include other terms, conditions, and/or vesting criteria which are not inconsistent with the Share Unit Plan.