Unpaid Units definition

Unpaid Units has the meaning specified in Section 504(a).
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Unpaid Units means Units awarded to the Participant and which are not vested.
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Unpaid Units has the meaning specified in Section 504(a). "Vice President" means any vice president, whether or not designated by a number or a word or words added before or after the title "vice president". Section 102.
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Examples of Unpaid Units in a sentence

  • The LNCC shall have full and complete authority in its discretion, but consistent with and subject to the express provisions of the Plan, to (i) select the Participants to whom Unpaid Units shall be awarded under the Plan, (ii) determine the number of Unpaid Units to be awarded, and (iii) adopt such rules and restrictions and make all other determinations deemed necessary or desirable for the administration of Unpaid Units pursuant to the Plan.

  • The amount referred to in clause (iii) above shall, subject to receipt thereof by the Unit Agent from the Collateral Agent, be paid to the Person in whose name the Unit Certificate (or one or more Predecessor Unit Certificates) evidencing such Unpaid Units is registered at the close of Business on the Record Date next preceding the Stock Purchase Date.

  • A Participant may be granted Unpaid Units under the Plan upon more than one occasion.

  • If a Participant ceases to be in the employ of the Employer by reason of the Participant's: (i) involuntary termination within one year of a Change in Control of LNC, (ii) death, (iii) disability, (iv) termination of employment on account of retirement on or after age 55, or, (v) involuntary termination other than for cause, any Unpaid Units of the Participant shall vest as of the last day of such Participant's employment with the Employer or six (6) months after the date of grant, whichever is later.

  • Any dividends on Unpaid Units are subject to the terms and conditions pertaining to such awards.

  • Subject to Section 3.03(e) (relating to vesting of Unpaid Units upon death, disability, involuntary termination of employment other than for cause), and any action taken by the LNCC pursuant to Section 3.03(f), all of a Participant's Unvested Units shall be forfeited immediately upon the Participant's termination of employment with the Employer for any reason.

  • The amount referred to in clause (iii) above shall, subject to receipt thereof by the Unit Agent from the Collateral Agent, be paid to the Person in whose name the Unit Certificate (or one or more Predecessor Unit Certificates) evidencing such Unpaid Units is registered at the close of business on the Record Date next preceding the Stock Purchase Date.

  • Paid Units and Unpaid Units; Exercise of Debenture Put Options with Respect to Unpaid Units.

  • The LNCC may award Unpaid Units under the Plan for any year after the effective date of the Plan and after adoption of the Plan by the board of directors of LNC (the "Board").

  • Participant shall not be entitled to any voting rights with respect to the Common Stock of LNC or ASFC as a result of receipt of Match Units, Paid Units, Unpaid Units, or Vested Units.


More Definitions of Unpaid Units

Unpaid Units means a Taxable Parcel for which no Building Permit has been issued by July 1 of the Base Year.
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Unpaid Units has the meaning specified in Section 5.04(a).
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Related to Unpaid Units

  • Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.

  • Redeemed Units has the meaning set forth in Section 11.01(a).

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Class B Units means the Class B Units of the Company.

  • Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Class D Units has the meaning ascribed to such term in the LLC Agreement.

  • Restricted Units has the meaning set forth in the recitals to this Award Agreement.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Preferred Units means a Partnership Interest, including the Series A Preferred Units, designated as a “Preferred Unit,” which entitles the holder thereof to a preference with respect to distributions, or as to the distribution of assets upon any Liquidation Event, over Common Units.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Said Unit means the said Flat, the said Vehicle Parking Space, (if any), and the right of common use of the Common Portions and wherever the context so intends or permits, shall also include the Said Undivided Share.

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Subordinated Units has the meaning assigned to such term in the Partnership Agreement.

  • Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.

  • Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Common Units is defined in the Partnership Agreement.

  • Tendered Units shall have the meaning set forth in Section 8.6.A.

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Class B Stock means Class B Stock, par value $1.00 per share, of the Company.

  • Outstanding Units means, with respect to any Unit and as of the date of determination, all Units evidenced by Certificates theretofore authenticated, executed and delivered under this Agreement, except:

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.