DSU Payment definition
DSU Payment means either a cash payment by the Corporation to a Participant equal to the Market Value of a Common Share on the Separation Date multiplied by the number of Deferred Share Units held by the Participant on the Separation Date or issuance of one Common Shares (subject to Article 6) for each Deferred Share Unit, in the sole discretion of the Corporation;
DSU Payment means a cash payment by the Corporation to a Participant equal to the Market Value of a Common Share on the Separation Date multiplied by the number of Deferred Share Units held by the Participant on the Separation Date;
DSU Payment means, subject to any adjustment in accordance with section 5.4 of the Plan, the issuance to a Participant of one previously unissued Share for each whole DSU credited to such Participant.
Examples of DSU Payment in a sentence
For purposes of determining the Cash Equivalent of Deferred Share Units, such calculation will be made based on the Market Value on the DSU Payment Date multiplied by the number of Deferred Share Units in the Participant’s Deferred Share Unit notional account as of the DSU Payment Date.
More Definitions of DSU Payment
DSU Payment means, subject to any adjustment in accordance with Section 5.6, the issuance to a Participant of one previously unissued Common Share or cash equivalent for each whole vested Deferred Share Unit credited to such Participant as determined by the Board/Committee in its sole discretion;
DSU Payment means, subject to any adjustment in accordance with Section 6(f), the issuance to an Eligible Director of one previously unissued Share or cash equivalent for each whole vested Deferred Share Unit credited to such Eligible Director as determined by the Committee in its sole discretion.
DSU Payment means the issuance of the equivalent number of Common Shares to a Participant on the Separation Date equal to the number of vested DSUs held by the Participant on the Separation Date;
DSU Payment means either (i) the issuance by the Corporation to a Participant of one Common Share (subject to adjustments in accordance with Section 4.01) for each Deferred Share Unit, or (ii) a cash payment by the Corporation to a Participant equal to the Market Value of a Common Share on the applicable Settlement Date multiplied by the number of Deferred Share Units held by the Participant on the said Settlement Date, as determined in the sole discretion of the Corporation;
DSU Payment means a cash payment by the Corporation to a Participant equal to the number of Deferred Phantom Stock Units held by the Participant on the Separation Date multiplied by the Market Value applicable to the Redemption Date;
DSU Payment means, subject to any adjustment in accordance with Section 5.04, as determined by the Board or the Committee, in its sole discretion: (i) the issuance to a Participant of one previously unissued Share for each whole Deferred Share Unit held by the Participant on the Separation Date; (ii) the payment to a Participant of cash in an amount equal to the number of Deferred Share Units held by the Participant on the Separation Date multiplied by the Fair Market Value of one Share on the Redemption Date, or (iii) a combination thereof;
DSU Payment means, subject to any adjustment in accordance with Section 5.04, the issuance to a Participant of one previously unissued Common Share for each whole Deferred Share Unit credited to such Participant;