DDTA definition

DDTA means an Other Stock-Based Award granted in the form of a “deferred stock unit” subject to the time-based vesting requirements described in Section 3.1 herein.
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Examples of DDTA in a sentence

  • Each DDTA that is unvested as of the date of the Holder’s termination of Employment shall immediately expire on the date of such termination without consideration or payment therefor.

  • Each DDTA represents the right to receive a Share upon the Settlement Date following the vesting of such DDTA.

  • Settlement of each DDTA shall be in a Class C Share; provided, that, in lieu of issuing any fractional Share, the Company shall make a cash payment to the Holder equal to the Fair Market Value of such fractional Share.

  • On any given date, the value of a DDTA credited to the Account shall equal the Fair Market Value of one Share.

  • Settlement of each Class C DDTA shall be in a Class C Share and settlement of each Class V DDTA shall be in a Class V Share; provided, that, in lieu of issuing any fractional Share, the Company shall make a cash payment to the Holder equal to the Fair Market Value of such fractional Share.

  • On any given date, the value of a Class C DDTA and a Class V DDTA credited to the Account shall equal the Fair Market Value of one Class C Share and one Class V Share, respectively.

Related to DDTA

  • Applicable L/C Margin means the per annum fee, from time to time in effect, payable with respect to outstanding Letter of Credit Obligations as determined by reference to Section 1.5(a).

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • Operating Margin means the incremental adjustments, measured in megawatts, required in PJM Region operations in order to accommodate, on a first contingency basis, an operating contingency in the PJM Region resulting from operations in an interconnected Control Area. Such adjustments may result in constraints causing Transmission Congestion Charges, or may result in Ancillary Services charges pursuant to the PJM Tariff.

  • Energy efficiency portfolio standard means a requirement to

  • Facilities-Based CLEC means a CLEC that provides service through its own switch or a Third Party provider’s switch.