Deferred Share Units definition

Deferred Share Units mean Awards pursuant to Section 9 of the Plan.

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Deferred Share Units means Awards pursuant to Section 10 of the Plan.

Deferred Share Units means a right, granted in accordance with Section 8 hereof, to receive a Share or a cash payment equal to the Market Value of a Share, as determined by the Granting Authority, that is settled, if at all, only after the Participant's retirement, death or cessation or termination of office or employment, as described herein.

Examples of Deferred Share Units in a sentence

During the deferral period, the Grantee will have no right to transfer any rights under his or her Deferred Share Units and will have no other rights of ownership therein.
Cash dividend equivalents will be credited as additional Deferred Share Units.
All Deferred Share Units will be 100 percent vested at all times.
The Deferred Share Units will be subject to a deferral period in accordance with the election made by Grantee and the terms of the Deferred Compensation Plan.
This Plan, the grant of Awards, and the exercise of Options and SARs under this Plan, and the obligation of the Company to sell or deliver any of its securities (including, without limitation, Options, Restricted Shares, Restricted Share Units, Deferred Share Units, and Shares) under this Plan shall be subject to all Applicable Law.

More Definitions of Deferred Share Units

Deferred Share Units means a right, granted in accordance with Section 7 hereof, to receive a Share that is settled, if at all, only after the Participant’s Eligible Retirement, death or cessation or termination of office or employment, as described herein;

Deferred Share Units or “DSUs” means a unit credited by means of a bookkeeping entry to the account of an Eligible Participant in accordance with the provisions hereof, the value of which, on a particular date, shall be equal to the Market Price of one Common Share;

Deferred Share Units or “DSUs” means deferred share units of SNDL granted pursuant to the Deferred Share Unit Plan;

Deferred Share Units. – means a Share Unit which is subject to the occurrence of a termination or retirement event that a Share Unit is not exercisable and the participant holding such Share Unit remains ineligible to receive Common Shares.

Deferred Share Units means a right to receive Shares awarded under Section 10.5.

Deferred Share Units means a right, granted in accordance with section 6 hereof, to receive a Share.

Deferred Share Units or “DSUs” means a bookkeeping entry, denominated in Shares, credited to the Deferred Share Unit Account of a Designated Participant in accordance with the provisions hereof;