Cash Unit definition

Cash Unit means the entry in a Deferred Compensation Account of a credit equal to One Dollar ($1.00).

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Cash Unit means a general, unsecured obligation of the Company to pay cash to a Participant pursuant to an Award recorded by the Company as a bookkeeping entry.

Cash Unit means a Unit other than a CPF Unit.

Examples of Cash Unit in a sentence

Each Performance Cash Unit under this Award Agreement, if earned, represents the right to receive a cash payment equal to $1 on the Vesting Date.
The value of each Cash Unit is equivalent to a share of Common Stock.
Each Cash Unit granted hereunder shall have an initial value of one hundred dollars ($100).
The dollar value of each Cash Unit on any date shall be equal to the Fair Market Value of a share of Common Stock on that date.
Subject to the provisions of this Agreement, the Program and the Plan, the Company shall distribute to the Employee, for each Performance Cash Unit awarded under this Agreement, an amount equal to one dollar times the product of, (1) the number of Performance Cash Units MULTIPLIED BY (2) the Total Shareholder Return Performance Multiplier (as defined below) for the Performance Period (as defined below).

More Definitions of Cash Unit

Cash Unit means a Deferred Amount and any interest carried over for the deferral period, which shall be credited with interest, as set forth in Section 5, during the period of deferral.

Cash Unit means a “Unit” as defined in the Regency Energy Partners LP Long-Term Incentive Cash Restricted Unit Plan.

Cash Unit means an entry in a Participant's Cash Unit Account Balance representing the Company's obligation to pay an amount in cash equal to the value of one share of Common Stock.

Cash Unit means a notional unit granted under the Plan that upon vesting entitles the Participant to receive an amount of cash equal to the Fair Market Value of a Common Unit as of the vesting date.

Cash Unit means a Cash Award with each unit equal to the Fair Market Value of one share of Common Stock on the vesting date as determined pursuant to Section 3.

Cash Unit means a unit with a value of $1.00 that is designated as part of a Long Term Grant.

Cash Unit means a dollar denominated unit awarded to a Participant pursuant to Section 11 of the Plan and comprised of Service Units, Performance Units or any combination thereof.