Share Unit Award. The Company hereby grants to the Participant a Share Unit Award of share units (the “Share Units”) in respect of the Performance Cycle (the “Performance Cycle”) under the Plan. The Share Units are notional, non-voting units of measurement based on the Fair Market Value (as defined in the Share Incentive Plan) of the Common Shares, which will entitle the Participant to receive a payment, subject to the terms hereof, in cash.
Appears in 2 contracts
Samples: Eip Share Unit Award Agreement (Platinum Underwriters Holdings LTD), Eip Share Unit Award Agreement (Platinum Underwriters Holdings LTD)
Share Unit Award. The Company hereby grants to the Participant a Share Unit Award of share units (the “Share Units”) in respect of the Performance Cycle (the “Performance Cycle”) under the Plan. The Share Units are notional, non-voting units of measurement based on the Fair Market Value (as defined in the Share Incentive Plan) of the Common Shares, which will entitle the Participant to receive a payment, subject to the terms hereof, in cashCommon Shares within thirty (30) days following the Vesting Date (as defined below).
Appears in 2 contracts
Samples: Eip Share Unit Award Agreement (Platinum Underwriters Holdings LTD), Eip Share Unit Award Agreement (Platinum Underwriters Holdings LTD)
Share Unit Award. The Company hereby grants to the Participant a Share Unit Award of ___ share units (the “Share Units”) in respect of the ______ Performance Cycle (the “Performance Cycle”) under the Plan. The Share Units are notional, non-voting units of measurement based on the Fair Market Value (as defined in the Share Incentive Plan) of the Common Shares, which will entitle the Participant to receive a payment, subject to the terms hereof, in cash.
Appears in 1 contract
Samples: Eip Share Unit Award Agreement (Platinum Underwriters Holdings LTD)
Share Unit Award. The Company hereby grants to the Participant a Share Unit Award of share units (the “Share Units”) in respect of the 2012-2013 Performance Cycle (the “Performance Cycle”) under the Plan. The Share Units are notional, non-voting units of measurement based on the Fair Market Value (as defined in the Share Incentive Plan) of the Common Shares, which will entitle the Participant to receive a paymentpayments, subject to the terms hereof, in cashCommon Shares.
Appears in 1 contract
Samples: Supplemental Eip Share Unit Award Agreement (Platinum Underwriters Holdings LTD)
Share Unit Award. The Company hereby grants to the Participant a Share Unit Participant, on the terms and conditions set forth herein, an Award of share units ___ Share Units (the “Share Units”) in respect of the Performance Cycle (the “Performance Cycle”) under the Plan). The Share Units are notional, non-voting units of measurement based on the Fair Market Value (as defined in the Share Incentive Plan) of the Common Shares, which will entitle the Participant to receive a payment, subject to the terms hereof, in cashCommon Shares within thirty (30) days following the applicable vesting date.
Appears in 1 contract
Samples: Nonemployee Director Share Unit Award Agreement (Platinum Underwriters Holdings LTD)
Share Unit Award. The Company hereby grants to the Participant a Share Unit Award of share units (the “Share Units”) in respect of the Performance Cycle (the “Performance Cycle”) under the Plan. The Share Units are notional, non-voting units of measurement based on the Fair Market Value (as defined in the Share Incentive Plan) of the Common Shares, which will entitle the Participant to receive a payment, subject to the terms hereof, in cashCommon Shares.
Appears in 1 contract
Samples: Eip Share Unit Award Agreement (Platinum Underwriters Holdings LTD)
