Common use of Success Units Clause in Contracts

Success Units. Employees will be awarded 150 success units at the beginning of each award year (October 1, 2018, October 1, 2019, October 1, 2020 and October 1, 2021). Those success units will only be valid for that award year and will not carryover to the next award year. A success unit is only used as a multiplier in the payout calculation and is not a share of stock nor has any other value.

Appears in 4 contracts

Samples: Agreement, Agreement, www.cwa9415.org

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Success Units. Employees will be awarded 150 success units at the beginning of each award year (October 13, 20182016, October 12, 2019, October 1, 2020 2017 and October 1, 20212018). Those success units will only be valid for that award year and will not carryover to the next award year. A success unit is only used as a multiplier in the payout calculation and is not a share of stock nor has does it have any other value.

Appears in 3 contracts

Samples: cwa-union.org, www.cwadistrict7.org, www.cwa6143.org

Success Units. Employees will be awarded 150 success units at the beginning of each the award year (October 12, 2018, October 1, 2019, October 1, 2020 and October 1, 20212017). Those success units will only be valid for that award year and will not carryover to the next award year. A success unit is only used as a multiplier in the payout calculation and is not a share of stock nor has any other value.

Appears in 2 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement

Success Units. Employees will be awarded 150 success units at the beginning of each award year (October 1, 20182021, October 13, 20192022, October 12, 2020 2023 and October 1, 20212024). Those success units will only be valid for that award year and will not carryover to the next award year. A success unit is only used as a multiplier in the payout calculation and is not a share of stock nor has any other value.

Appears in 2 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement

Success Units. Employees will be awarded 150 success units at the beginning of each award year (October 2, 2017, October 1, 2018, October 1, 2019, October 1, 2020 2019 and October 1, 20212020). Those success units will only be valid for that award year and will not carryover to the next award year. A success unit is only used as a multiplier in the payout calculation and is not a share of stock nor has any other value.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

Success Units. Employees will be awarded 150 success units at the beginning of each award year (October 1, 20182013, October 1, 20192014, October 1, 2020 2015 and October 13, 20212016). Those success units will only be valid for that award year and will not carryover to the next award year. A success unit is only used as a multiplier in the payout calculation and is not a share of stock nor has any other value.

Appears in 2 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement

Success Units. Employees will be awarded 150 success units at the beginning of each award year (October 1, 20182012, October 1, 20192013, October 1, 2020 and 2014, October 1, 20212015, October 3, 2016 and October 2, 2017). Those success units will only be valid for that award year and will not carryover to the next award year. A success unit is only used as a multiplier in the payout calculation and is not a share of stock nor has any other value.

Appears in 1 contract

Samples: Memorandum of Agreement

Success Units. Employees will be awarded 150 success units at the beginning of each award year (October 1, 20182013, October 1, 2019, October 1, 2020 2014 and October 1, 20212015). Those success units will only be valid for that award year and will not carryover to the next award year. A success unit is only used as a multiplier in the payout calculation and is not a share of stock nor has does it have any other value.

Appears in 1 contract

Samples: Memorandum of Agreement

Success Units. Employees will be awarded 150 success units at the beginning of each award year (October 13, 20182016, October 12, 2019, October 1, 2020 2017 and October 1, 20212018). Those success units will only be valid for that award year and will not carryover to the next award year. A success unit is only used as a multiplier in the payout calculation and is not a share of stock nor has any other value.

Appears in 1 contract

Samples: Agreement

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Success Units. Employees will be awarded 150 success units at the beginning of each award year (October 1, 20182009, October 1, 20192010, October 13, 2020 2011, and October 1, 20212012). Those success units will only be valid for that award year and will not carryover to the next award year. A success unit is only used as a multiplier in the payout calculation and is not a share of stock nor has any other value.

Appears in 1 contract

Samples: Settlement Agreement

Success Units. Employees will be awarded 150 success units at the beginning of each award year (October 1, 20182010, October 13, 2019, October 1, 2020 2011 and October 1, 20212012). Those success units will only be valid for that award year and will not carryover to the next award year. A success unit is only used as a multiplier in the payout calculation and is not a share of stock nor has any other value.

Appears in 1 contract

Samples: Internet Services

Success Units. Employees will be awarded 150 success units at the beginning of each award year (October 1, 20182015, October 13, 2019, October 1, 2020 2016 and October 12, 20212017). Those success units will only be valid for that award year and will not carryover to the next award year. A success unit is only used as a multiplier in the payout calculation and is not a share of stock nor has any other value.

Appears in 1 contract

Samples: Agreement

Success Units. Employees will be awarded 150 success units at the beginning of each award year (October 1, 2018, October 1, 2019, October 1, 2020 and 2020, October 1, 20212021 and October 3, 2022). Those success units will only be valid for that award year and will not carryover to the next award year. A success unit is only used as a multiplier in the payout calculation and is not a share of stock nor has does it have any other value.

Appears in 1 contract

Samples: Memorandum of Agreement

Success Units. Employees will be awarded 150 success units at the beginning of each award year (October 13, 20182016, October 2, 2017, October 1, 2019, October 1, 2020 2018 and October 1, 20212019). Those success units will only be valid for that award year and will not carryover to the next award year. A success unit is only used as a multiplier in the payout calculation and is not a share of stock nor has does it have any other value.

Appears in 1 contract

Samples: Labor Agreement

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