Deferred Stock Unit definition

Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.
Deferred Stock Unit means a deferred stock unit Award granted to a Participant pursuant to Section 13.
Deferred Stock Unit means a right to receive Shares awarded under Section 10.5.

Examples of Deferred Stock Unit in a sentence

  • Going forward, the Board shall determine the reasonable remuneration for Director services rendered to the Corporation.Directors’ Deferred Stock Unit PlanThe Corporation has in place a Directors’ Deferred Stock Unit Plan (“DSUP”) for its Directors.


More Definitions of Deferred Stock Unit

Deferred Stock Unit means a right granted to a Participant under Article 11.
Deferred Stock Unit means a Restricted Stock Unit, the terms of which provide for delivery of the underlying shares of Stock, cash, or a combination thereof subsequent to the date of vesting, at a time or times consistent with the requirements of Code Section 409A.
Deferred Stock Unit means a right granted by the Company to an Eligible Director to receive, on a deferred payment basis, Shares under this Plan;
Deferred Stock Unit means a right granted to an Eligible Recipient pursuant to Section 8 of this Plan to receive shares of Common Stock (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.
Deferred Stock Unit means a Unit granted under Section 4.6 to acquire Shares upon Termination of Directorship or Termination of Employment, subject to any restrictions that the Committee, in its discretion, may determine.
Deferred Stock Unit means an Award that the Administrator permits to be paid in installments or on a deferred basis pursuant to Sections 4 and 13 of the Plan.
Deferred Stock Unit means an Award granted to a Participant pursuant to Article 9 hereof.