DSU Participant definition

DSU Participant means a director of the Corporation (who for greater certainty may also be an employee, if applicable) who has been designated by the Corporation for participation in the Plan and who has agreed to participate in the Plan and to whom Deferred Share Units have or will be granted thereunder;

DSU Participant means a director of the Company (who for greater certainty may not also be an employee) who has been designated by the Company for participation in the Plan and who has agreed to participate in the Plan and to whom Deferred Share Units have or will be granted thereunder;

DSU Participant means a director of Flowr who has been designated by Flowr for participation in the Plan and who has agreed to participate in the Plan and to whom Deferred Share Units have or will be granted hereunder;

Examples of DSU Participant in a sentence

• The grant of a Deferred Share Unit to a DSU Participant, or the settlement of a Deferred Share Unit, under the Plan shall neither entitle such DSU Participant to receive nor preclude such DSU Participant from receiving subsequently granted Deferred Share Units.

• The Board may, from time to time, set such limits on the manner in which DSU Participants may receive their Director’s Remuneration and every election made by a DSU Participant is subject to such limits once they are set.

• For greater certainty, to the extent a DSU Participant terminates his or her participation in the Plan, he or she shall not be entitled to become a DSU Participant again until the Fiscal Year following the Fiscal Year in which the Termination Notice becomes effective.

• In the absence of a designation to the contrary (including delivery of an Election Notice by a DSU Participant requesting that a greater or lesser percentage of his or her Annual Board Retainer be payable in the form of Deferred Share Units relative to the percentage previously elected by such DSU Participant), the DSU Participant’s Election Notice shall remain in effect unless otherwise terminated.

• In the event that a dividend (other than stock dividend) is declared and paid by the Company on its Cordoba Shares, a DSU Participant will be credited with additional DSUs in accordance with the DSU Plan.

More Definitions of DSU Participant

DSU Participant means the directors, full-time employees and officers of the Issuer or of any affiliate or associate of the Issuer permitted to participate in the DSU Plan in accordance with its terms.

DSU Participant means an Eligible Person who may be granted Deferred Share Units from time to time under this Plan;

DSU Participant means a Director of Concordia who has been designated by Concordia for participation in the Plan and who has agreed to participate in the Plan and to whom Deferred Share Units have or will be granted hereunder;

DSU Participant means a director or employee of the Corporation who has been designated by the Corporation for participation in the Plan and who has agreed to participate in the Plan and to who Deferred Share Units have or will be granted thereunder;

DSU Participant means a Director DSU Participant or an Officer DSU Participant, as applicable;

DSU Participant means an Eligible Person who is granted Deferred Share Units from time to time under this Plan;

DSU Participant means the directors, full-time employees and officers of the Corporation or of any affiliate or associate of the Corporation permitted to participate in the DSU Plan in accordance with its terms.