DSU Plan definition

DSU Plan means the Deferred Share Unit Plan of the Corporation.

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DSU Plan means the Under Armour, Inc. 2006 Non-Employee Directors Deferred Stock Unit Plan, as amended and restated from time to time.

DSU Plan means the 2023 Non-Employee Directors Deferred Unit Plan.

Examples of DSU Plan in a sentence

• UTC shall, or shall cause a member of the UTC Group to, assume and retain all Liabilities under the UTC DSU Plan for the benefits of UTC Non-Employee Directors but not with respect to the benefits of any director who ceases as of the Effective Time to be a director of UTC and becomes a Carrier Transferred Director or Otis Transferred Director.

• As of the Effective Time, Carrier shall, and shall cause the Carrier DSU Plan, and Otis shall, and shall cause the Otis DSU Plan, to assume all Liabilities under the UTC DSU Plan for the benefits of Carrier Transferred Directors and Otis Transferred Directors who are not otherwise UTC Non-Employee Directors, respectively, determined as of immediately prior to the Effective Time, and the UTC Group and the UTC DSU Plan shall be relieved of all Liabilities for those benefits.

• On and after the Effective Time, Carrier Transferred Directors and Otis Transferred Directors who are not otherwise UTC Non-Employee Directors shall cease to be participants in the UTC DSU Plan.

• For the avoidance of doubt, the adjustments made to UTC DSU Awards, including the adjustment of such awards into Carrier DSU Awards or Otis DSU Awards shall not result in a separation of service entitling a participant under the UTC DSU Plan, Carrier DSU Plan or Otis DSU Plan to a distribution.

• Carrier may make such changes, modifications or amendments to the Carrier LTIP and the Carrier DSU Plan and Otis may make such changes, modifications or amendments to the Otis LTIP and the Otis DSU Plan, in each case, as may be required by applicable Law or as are necessary and appropriate to reflect the Separation or to permit the implementation of the provisions of Article IV or Section 6.02.

More Definitions of DSU Plan

DSU Plan means the Deferred Share Unit Plan for non-executive directors adopted in November of 2008 by Jaguar, as amended from time to time;

DSU Plan means the Deferred Share Unit Plan of the Corporation effective as of May 29, 2019;

DSU Plan means our Director Deferred Share Unit Plan;

DSU Plan means the Company’s Deferred Share Unit Plan adopted with effect from April 5, 2004 (as amended on September 1, 2010 and July 19, 2013).

DSU Plan means the deferred share unit plan of the Company;

DSU Plan means the Corporation’s Deferred Share Unit Plan, effective August 10, 2007, as amended, providing for the issuance of DS Units to eligible board members.

DSU Plan means the Deferred Share Unit Plan of the Corporation for Non-Management Directors.