Examples of Deferred Unit in a sentence
For further information, see “Executive Compensation – Equity Compensation Plan Information – Deferred Unit Plan”.
This balance of power would be severely upset after 1990 as Iraq was placed under sanction and became unable to exercise its power within the energy field and Turkey was forced to seek other partners in this issue as well as in trade, bringing it closer to Iraq’s Kurdish authorities.
The Deferred Units and additional Deferred Units are credited to each trustee’s Deferred Unit account and are not issued to the trustee until the trustee elects to withdraw such Units.
Each trustee may elect to withdraw up to 20% of the Deferred Units credited to his Deferred Unit account only once in a five-year period.
Whenever cash distributions are paid on the Units, additional Deferred Units will be credited to the Participant’s Deferred Unit account.