Company PU definition

Company PU means an outstanding performance unit with respect to one Share granted to an Employee under a Common Equity Award Plan.
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Examples of Company PU in a sentence

  • Except as permitted by Section 5.1(e) with respect to any Company Stock Options, Company RSU Awards, Company RS Awards, Company PU Awards and Company Deferred Stock Awards, there are no outstanding obligations of the Company or any of its Subsidiaries to repurchase, redeem or otherwise acquire any Company Securities.

  • As of the Measurement Date, there were outstanding (A) Company Stock Options to purchase 6,331,015 shares of Company Common Stock, (B) Company RSU Awards with respect to 1,242,041 shares of Company Common Stock, (C) Company PU Awards with respect to 1,359,839 shares of Company Common Stock (assuming such Company PU Awards were earned at target level of performance) and (D) Company Deferred Stock Awards with respect to 310,374 shares of Company Common Stock.

  • From the Company Capitalization Date until the date hereof, no shares of Company Common Stock, Company Options, Company RSU Awards, Company PU Awards or Company DSU Awards have been issued or granted, except for Company Shares issued pursuant to the exercise of Company Options or the vesting of Company Options, Company RSU Awards, Company PU Awards or Company DSU Awards in accordance with their terms.

  • As of the Measurement Date, there were outstanding (A) Company Stock Options to purchase 6,064,195 shares of Company Common Stock, (B) Company RSU Awards with respect to 1,242,041 shares of Company Common Stock, (C) Company PU Awards with respect to 1,359,839 shares of Company Common Stock (assuming such Company PU Awards were earned at target level of performance) and (D) Company Deferred Stock Awards with respect to 310,374 shares of Company Common Stock.

  • In the case of Company PU Awards that are subject to performance periods that are ongoing as of the Effective Time, performance conditions will be deemed satisfied at the greater of target and actual performance (as determined by the board of directors of Xxxxxxxxx) as of the Effective Time.

  • This Agreement and the License Agreement (and all of their exhibits and appendices (collectively, the "Agreements")) set forth all of the covenants, promises, agreements, warranties, representations, conditions, and understandings between the Company, P&U and PUSA and supersede and terminate all prior agreements and understandings between these parties with respect to the subject matter hereof and thereof.

  • Except as otherwise provided herein, any term of this Agreement may be amended and the observance of any term of this Agreement may be waived (either generally or in a particular instance, either retroactively or prospectively, and either for a specified period of time or indefinitely), with the written consent of the Company, P&U and PUSA.

  • There are no covenants, promises, agreements, warranties, representations, conditions or understandings, either oral or written, between the Company, P&U and PUSA other than as set forth in the Agreement, the License Agreement (and all of their exhibits and appendices).

  • Except as otherwise expressly provided herein, the provisions of this Agreement shall inure to the benefit of, and be binding upon, the successors, and permitted assigns of the Company, P&U and PUSA.

  • The receipt of cash in exchange for your Shares (or, if applicable, pursuant to your right to receive such cash in respect of Company Options, Company RSU Awards, Company PU Awards and Company DSU Awards that will become fully vested) pursuant to the Offer or the Merger will be a taxable transaction for United States federal income tax purposes and may also be a taxable transaction under applicable state, local or foreign income or other tax laws.

Related to Company PU

  • Company Employee means an employee of the Company or any of its Subsidiaries.

  • Company Personnel means any current or former director, officer or employee of the Company or any Company Subsidiary.

  • Company Employee Agreement means any management, employment, severance, change in control, transaction bonus, consulting, repatriation or expatriation agreement or other contract between any Group Company and any current or former employee, director or officer of such Group Company.

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Company PSU means any outstanding performance stock unit granted under the Stock Plans, which vests in whole or in part based on the achievement of one or more performance metrics.

  • Company Business means the business of the Company as presently conducted.

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • Protected Employee means any employee of the Company or an Affiliate who was employed by Company or an Affiliate at any time within six (6) months prior to the termination of Grantee’s employment for any reason or any earlier date of an alleged breach by Grantee of the restrictions in Section 17 hereof.

  • Restricted Employee means any person who was a director, employee or consultant of the Company at any time within the Relevant Period who by reason of that position and in particular his seniority and expertise or knowledge of Confidential Information or knowledge of or influence over the clients, customers or contacts of the Company is likely to cause damage to the Company if he were to leave the employment of the Company and become employed by a competitor of the Company;

  • Company Parties means the collective reference to Holdings and its Restricted Subsidiaries, including the Borrower, and “Company Party” means any one of them.

  • Company PSUs means any performance-based restricted stock units of the Company, whether granted pursuant to any of the Company Stock Plans or otherwise.

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • Business Employee means any individual employed by Seller in or in connection with the Business.

  • Public employee means an individual holding a position by appointment or employment in the government of this state, in the government of 1 or more of the political subdivisions of this state, in the public school service, in a public or special district, in the service of an authority, commission, or board, or in any other branch of the public service, subject to the following exceptions:

  • Protected Employees means employees of the Company who were employed by the Company at any time within six (6) months prior to the Determination Date.

  • Company Properties shall have the meaning set forth in Section 4.15.1.

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Company Group means the Company and its Subsidiaries.

  • Parent Stock Plans has the meaning set forth in Section 4.5(a).

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Company Employee Benefit Plan means each Employee Benefit Plan that is maintained, sponsored or contributed to (or required to be contributed to) by any of the Group Companies or under or with respect to which any of the Group Companies has any Liability.

  • Acquired Corporations means the Company and each of its Subsidiaries, collectively.

  • Seller Benefit Plans has the meaning set forth in Section 4.8(a).