CRSU definition
Examples of CRSU in a sentence
Additionally, three (3) functional group Labor-Management Committees, for and from CCSC, CRSU and the facilities respectively, shall meet periodically to discuss how the above referenced issues relate specifically to such functional groups.
Participant has no right to receive any Shares under the terms of this CRSU.
Each CRSU represents the right to a distribution of cash equal to the Fair Market Value of one Share equivalent unit if on the terms, and subject to the conditions, set forth in this Agreement and the Plan the CRSU vests.
A dditionally, t hree (3) functional group Labor-Management Committees, for and from CCSC, CRSU and the facilities respectively, shall meet periodically to discuss how the above referenced issues relate specifically to such functional groups.
Additionally, three functional group Labor-Management Committees, for and from CCSC, CRSU and the facilities respectively, shall meet periodically to discuss how the above referenced issues relate specifically to such functional groups.
Failure to accept the CRSU Terms by the Acceptance Deadline will result in cancellation of the RSUs, and you will have no rights to the RSUs if you do not accept the CRSUs by the Acceptance Deadline You acknowledge that you have reviewed and fully understand all of the provisions of this Agreement and the Plan, and have had the opportunity to obtain advice of counsel prior to accepting the grant of the CRSUs pursuant to this Agreement.
For the avoidance of doubt, (x) if a CRSU does not ultimately vest hereunder, no Dividend Equivalent payments shall be made with respect to such unvested CRSU, and (y) in no event shall a Dividend Equivalent payment be made that would result in Participant receiving both the Dividend Equivalent payment (in respect of a dividend) and the actual dividend with respect to the same CRSU and corresponding share of Common Stock.
As noted above, failure to accept the CRSU Terms by the Acceptance Deadline will result in the cancellation of the CRSUs, and you will have no further rights with respect to the Award.
The Dividend Equivalent right shall remain outstanding from the Grant Date through the earlier to occur of (i) the termination or forfeiture for any reason of the CRSU to which such Dividend Equivalent right corresponds, or (ii) the distribution to the Participant of cash equal to the Fair Market Value of one Share equivalent unit in respect of the CRSU to which such Dividend Equivalent right corresponds (in any case, the “CRSU Termination Date”).
The Dividend Equivalent right shall remain outstanding from the Grant Date through the earlier to occur of (i) the termination or forfeiture for any reason of the CRSU to which such Dividend Equivalent right corresponds, or (ii) the delivery to the Participant of the cash value of the share of Common Stock in respect of the CRSU to which such Dividend Equivalent right corresponds (in any case, the “CRSU Termination Date”).