Examples of Unpaid Units in a sentence
Unpaid Units (unless forfeited in accordance with Section 3.03(h)) shall become Vested Units on the later of: (i) the third anniversary date of the day on which such shares were awarded by the LNCC or (ii) any date specified by the LNCC at the time that such Units are awarded which is at least 6 months after the date of the grant.
The scientific and technological development has produced high concerns to the environment pollution especially water pollution.
The LNCC may award Unpaid Units under the Plan for any year which ends on or after the date that the Plan is approved by the board of directors of the Corporation (the "Board") and the shareholders of the Corporation.
A Participant may be granted Unpaid Units under the Plan upon more than one occasion.
If any Unpaid Units awarded under the Plan shall be forfeited or cancelled, such Unpaid Units may be awarded again.
Subject to Section 3.03(f) (relating to vesting of Unpaid Units upon death, Disability, involuntary termination within one year of a Change in Control or other involuntary termination of employment other than for Cause), and any action taken by the LNCC pursuant to Section 3.03(g), all of a Participant's Unvested Units shall be forfeited immediately upon the Participant's termination of employment with the Employer for any reason.
As at the date of the Agreement, Mr Or owns the Properties other than the Remaining Units and the Unpaid Units.
Phantom dividends shall be awarded, on each dividend payment date, in an amount equal to the product of the dividend paid on a share of Corporation common stock multiplied by the number of Unpaid Units awarded under this Section 3.03.
Table 5.8 Calculation of Defective and Unpaid Units for 2018-2021 High Rise – Product A Unit Total Units%Defective Unit5750911%Unit Unpaid5150910%Landed House Unit Total Units%Defective Unit9857717%Unit Unpaid15857727%Source: Data processed by the author The management realized the need to improve control to ensure the condition of the unit before the company scheduled the handover of units to its customers to avoid delaying in handover due to defective units.
Those individuals who receive Unpaid Units under the Plan for a given year shall be individuals who qualify for participation in the Lincoln National Corporation Executive Deferred 68 Compensation Plan for Employees and who are selected by the LNCC as persons who are expected to materially contribute to the growth and profitability of the Corporation's business.