Director DSUs definition
Director DSUs means the deferred share units of the Company granted to Directors under the Director DSU Plan;
Director DSUs means the deferred share units of the Company granted to Directors under the Director DSU Plan; “Director Phantom DSUs” means the deferred share units of the Company granted under the Director Phantom Plan; “Director Phantom Plan” means the Director phantom share unit plan dated March 10, 2021;
Director DSUs means deferred share units which may be issued to Directors and which are redeemable for cash or Shares (at the election of the Corporation) and which vest immediately and become redeemable only upon the Director ceasing to be a Director, as further described in Section 3.
Examples of Director DSUs in a sentence
As of the Agreement Date, there are 1,230,839 Cenovus Director DSUs and 270,781 Cenovus Employee DSUs entitling holders thereof to receive cash payments equivalent to the value of Cenovus Common Shares underlying such Cenovus DSUs upon ceasing to be a director of, or employed by, Cenovus, as applicable.
More Definitions of Director DSUs
Director DSUs means share units granted pursuant to Tembec’s Director DSU Plan.
Director DSUs means the outstanding deferred share units of the Company issued to a director of the Company pursuant to the Director DSU Plan;