Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.
Restricted Share Unit means a right, granted under Section 5(e), to receive Shares or cash at the end of a specified deferral period.
Restricted Share Unit or “RSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 5;
Examples of Restricted Share Unit in a sentence
For the purposes of this Agreement, a “Restricted Share Unit” is the contingent right to receive the equivalent of one (1) Share, in the event the Restricted Share Unit vests and becomes payable pursuant to the terms of this Agreement.
More Definitions of Restricted Share Unit
Restricted Share Unit means an unfunded, unsecured right to receive, on the applicable settlement date, one Share or an amount in cash or other consideration determined by the Administrator to be of equal value as of such settlement date, subject to certain vesting conditions and other restrictions.
Restricted Share Unit means an Award granted pursuant to Article 7.
Restricted Share Unit means a grant or sale of the right to receive Shares or cash at the end of a specified restricted period made pursuant to Section 9.
Restricted Share Unit or “RSU” means a right granted to a Participant to receive Shares or cash upon the lapse of restrictions imposed under Section 7.
Restricted Share Unit means an Award granted pursuant to Section 8.6.
Restricted Share Unit means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 8 of this Plan. Each Restricted Share Unit represents an unfunded and unsecured obligation of the Company.