Dividend Share Unit definition

Dividend Share Unit means a Dividend Performance Share Unit or a Dividend Restricted Share Unit.
Dividend Share Unit means a further right to acquire a fully-paid and non-assessable Common Share granted in accordance with Section 3.2;
Dividend Share Unit means a Dividend Performance Share Unit or a Dividend Restricted Share Unit. “Employee” means an active employee of the Corporation or a Subsidiary.

Examples of Dividend Share Unit in a sentence

  • Nothing contained in the Plan or in any Share Unit or Dividend Share Unit will confer upon any Participant any right to the continuation of the Participant’s employment by a Participating Company or interfere in any way with the right of any Participating Company at any time to terminate that employment or to increase or decrease the compensation of the Participant.

  • The number of Dividend Share Units (rounded down to the nearest whole Dividend Share Unit) to be credited to the Participant’s Share Unit Account on the dividend payment date shall be determined by multiplying the aggregate number of Share Units held by the Participant on the relevant record date by the amount of the dividend paid by the Company on each Common Share, and dividing the result by the Fair Market Value of the Common Shares on the dividend payment date.

  • Section 1.409A-3(i)(5).6.8 No Special RightsNothing contained in the Plan or in any Share Unit or Dividend Share Unit will confer upon any Participant any right to the continuation of the Participant’s employment by a Participating Company or interfere in any way with the right of any Participating Company at any time to terminate that employment or to increase or decrease the compensation of the Participant.

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  • Any section of the line in which the leakage occurs shall be repaired by the Contractor at his expense to the complete satisfaction of the Engineer.

  • In no case shall the required improvements or right-of-way dedication apply for distances in excess of thirty (30) feet as measured from said ultimate right-of-way line, unless as otherwise provided for in the Fresno County Ordinance Code.

  • With the consent of the Participant affected thereby, the Committee may amend or modify any outstanding Share Unit or Dividend Share Unit in any manner to the extent that the Committee would have had the authority to initially grant the award as so modified or amended.

  • The Plan shall not confer on any Participant any legal or equitable rights (other than those constituting any Share Unit or Dividend Share Unit) against any Participating Company, directly or indirectly, or give rise to any cause of action in law or in equity against any Participating Company.

  • A Participant shall have no further rights respecting any Share Unit or Dividend Share Unit which has been redeemed or cancelled.


More Definitions of Dividend Share Unit

Related to Dividend Share Unit

  • Share Unit means a unit credited by means of an entry on the books of the Corporation to a Participant pursuant to the Plan, representing the right to receive, subject to and in accordance with the Plan, for each Vested Share Unit one Share, at the time, in the manner, and subject to the terms, set forth in the Plan and the applicable Grant Agreement;

  • 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;

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Stock Unit means a bookkeeping entry representing the equivalent of one Common Share, as awarded under the Plan.

  • Restricted Share Unit Award means an award of Restricted Share Units under this Plan.

  • Performance Share Unit or “PSU” 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 6;

  • 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.

  • Dividend Equivalent means a right to receive the equivalent value (in cash or Shares) of dividends paid on Shares, awarded under Section 9.2.

  • Phantom Stock Unit means the right to receive the value of one (1) share of the Company’s Common Stock, subject to the provisions of Section 8.4 of the Plan.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • 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.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • Share Award means an Award of Shares granted pursuant to Section 10.

  • Dividend Equivalents means a right granted to a Participant under the Plan to receive the equivalent value (in cash or Shares) of dividends paid on Shares.

  • Restricted Share Award means an award of Restricted Shares.

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.