Deferred Unit Incentive Plan definition

Deferred Unit Incentive Plan means the deferred unit incentive plan of the REIT;
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Deferred Unit Incentive Plan means the amended and restated deferred unit incentive plan of the REIT dated as of August 13, 2014, as amended or amended and restated from time to time;
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Examples of Deferred Unit Incentive Plan in a sentence

  • The Deferred Unit Incentive Plan ("DUIP") of the REIT provides for the granting of deferred trust units ("DTUs") to trustees, officers, directors, employees, consultants and service providers, as well as, employees of such service providers.

  • Deferred Unit Incentive Plan:On April 26, 2013, the REIT authorized a Deferred Unit Incentive Plan (“DUIP”) that provides for the granting of Deferred Trust Units (“DTU”) to trustees, officers, employees, consultants and service providers, as well as employees of such service providers.

  • Deferred Unit Incentive Plan (“DUIP”) Deferred Trust Units (“DTUs”)On April 26, 2013, the REIT authorized a DUIP, as amended and restated on May 13, 2016, that provides for the granting of Deferred Trust Units (“DTUs”) to trustees, officers, employees, consultants and service providers, as well as employees of such service providers.

  • The Deferred Unit Incentive Plan ("DUIP") of the REIT provides for the granting of deferred trust units ("DTUs") to trustees, officers, directors, employees, consultants and service providers, as well as employees of such service providers.

  • Assignability: Deferred Units and Income Deferred Trust Units are non-transferable, except to a DTU Participant’s estate, and the rights of DTU Participants under the Deferred Unit Incentive Plan are not assignable, except as required by law.

  • Deferred compensation plans: As described in note 12, the REIT has a Deferred Unit Incentive Plan ("DUIP") and unit option plan (the "Plan") that provides for the granting of deferred trust units (“DTUs”) and options to certain of the trustees, officers, employees, consultants and service providers, as well as employees of such service providers.

  • However, pursuant to the Deferred Unit Incentive Plan, the Board may, in its discretion if the circumstances warrant, accelerate the vesting of such Deferred Units and Income Deferred Trust Units held by an individual whose employment or term of office is terminated.

  • Administration: Under the Deferred Unit Incentive Plan, Deferred Units may be granted from time to time to DTU Participants at the discretion of the Board.

  • Deferred compensation plans: As described in note 14, the REIT has a Deferred Unit Incentive Plan ("DUIP") and unit option plan (the "Plan") that provide for the granting of deferred trust units (“DTUs”) and options to certain of the trustees, officers, employees, consultants and service providers, as well as employees of such service providers.

  • In determining grants of Deferred Units, an individual’s performance and contributions to Agellan’s success, relative position, tenure and past grants will be taken into consideration.Individuals eligible to participate in the Deferred Unit Incentive Plan (“DTU Participants”) consist of: employees, Trustees, officers and service providers of Agellan, as well as employees of certain service providers who spend a significant amount of time and attention on the affairs and business of Agellan.

Related to Deferred Unit Incentive Plan

  • incentive plan award means compensation awarded, earned, paid, or payable under an incentive plan;

  • Stock Incentive Plan has the meaning set forth in Section 3(b) of the Agreement.

  • 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.

  • non-equity incentive plan means an incentive plan or portion of an incentive plan that is not an equity incentive plan;

  • Equity Incentive Plan means an incentive plan, or portion of an incentive plan, under which awards are granted and that falls within the scope of IFRS 2 Share-based Payment;

  • Other Incentive Award means an Award denominated in, linked to or derived from Shares or value metrics related to Shares, granted pursuant to Section 9.6 hereof.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • Incentive Plan means any plan providing compensation that depends on achieving certain performance goals or similar conditions within a specified period;

  • Management Incentive Plan means the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.

  • Cash Incentive Award means a cash award granted pursuant to Section 8 of this Plan.

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;