Examples of Deferred Common Stock Unit in a sentence
Relevance of the Italian experience with corporatization in healthcare.Corporatization in healthcare has been an im- portant trend worldwide over the last quarter of a century, as part of the broader “New Public Man- agement” (NPM) movement (Moore 1996; Brusati 2000).
Each Optionee and each holder of a Deferred Common Stock Unit shall pay to the Company, upon the Company’s request, all amounts necessary to satisfy the Company’s federal, state and local tax withholding obligations, if any, with respect to any grant or exercise of an Option, or award of or distribution made in connection with a Deferred Common Stock Unit, pursuant to this Plan.
Subject to section 14.4, the Rent abatement provided in this section 14.5 is Tenant’s sole remedy due to the occurrence of the Casualty.
The establishment of a Deferred Common Stock Unit Account shall not require segregation of any funds of the Company or provide any Participant with any rights to any assets of the Company, except as a general creditor thereof.
Each Participant shall be 100% vested at all times in the Deferred Common Stock Units credited to such Participant’s Deferred Common Stock Unit Account.
The Shares represented by Deferred Common Stock Units credited to each Participant’s Deferred Common Stock Unit Account shall be distributed to such Participant on the date on which such Participant incurs a separation from service from the Company within the meaning of Section 409A of the Code.
Neither the Plan nor any Option or Deferred Common Stock Unit shall confer upon any Non-employee Director of the Company any right to continue as a member of the Board of the Company or its subsidiaries or interfere in anyway with the right of the Company, it subsidiaries and each of their equity holders to remove or not re-elect an individual from or to the Board.
Periodically (as determined by the Committee), each Participant shall receive a statement indicating the amounts credited to and payable from the Participant ‘s Deferred Common Stock Unit Account.
Each Deferred Common Stock Unit shall be payable in one share of Common Stock of the Company.
On each date on which the Company pays any cash dividend or other distribution on account of Shares, the Company shall pay to each Participant that amount equal to (x) the amount of cash or other property paid in such distribution times (y) the number of Deferred Common Stock Units in such Participant’s Deferred Common Stock Unit Account.