Examples of Elective Stock Units in a sentence
Directors may elect to have all or a portion of their Elective Stock Units paid on the earlier of (i) the beginning of a specified calendar year or (ii) their separation from service as a member of the Board.
The Elective Stock Units are paid at the conclusion of board service or earlier as specified by the director, regardless of years of service.
Such election with respect to current deferrals may be changed at any time upon appropriate notice to the Corporate Executive Compensation Department; provided, however, that an election to have current deferrals credited as Elective Stock Units may not be changed at any time during the effective period of the Deferral Election.
It has more than 400 business units in Spain, and we are also present outside our borders, in countries like Italy, Portugal, France, United States, Mexico, Guatemala, Colombia, Republic Domi- nican, Panama or Chile.nomy is its hallmark and our culture referential point.
Directors may elect to have all or any portion of their Automatic Stock Units paid on (A) the earlier of (i) the beginning of a specified calendar year after the vesting date or (ii) their separation from service as a member of the Board, or (B) on the vesting date.Directors also may elect to defer to a later year all or a portion of their remaining cash retainer or committee retainer fees into a stock unit account as Elective Stock Units or in alternative investment options.
The aforesaid 4 promoters acting on behalf of the said proposed Society by the Agreement dated 5th February 1987 entered into with the said F.E. Dinshaw Charities agreed to purchase the said land admeasuring about 5,244 Sq. Mtrs.
If a Participant elects to have current deferrals credited as Elective Stock Units, the number of Stock Units to be credited to the Participant's Stock Unit Account under this Section 4.2(c) shall be the quotient of (i) divided by (ii) where (i) equals the amount of the current deferral to be credited as Stock Units and (ii) equals the Fair Market Value on the date on which the amounts are credited to the Participant's Stock Unit Account.
Green bonds are beginning to provide significant financing for technological innovation, especially for diffusing mature technologies at large scale.
The number of Elective Stock Units to be credited pursuant to such election shall be determined based on the Fair Market Value of a share of Common Stock on the Crediting Date.
Any such election to receive Elective Stock Units in lieu of a cash payment under the foregoing proviso must be made, on a form and in a manner prescribed by the Committee, prior to the beginning of the calendar year to which such Annual Retainer or any Other Annual Retainers relate.