DSU Shares definition

DSU Shares means the NovaCopper Shares issuable upon the automatic vesting of the Sunward DSUs at the Effective Time;
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Examples of DSU Shares in a sentence

  • Participants who are “insiders” of the Company are required to file an insider report under Canadian securities laws in respect of the grant of DSUs and upon future conversion of these DSUs into DSU Shares and any subsequent sales of such DSU Shares.

  • Such amount shall be paid to the Participant on the date on which the DSU Shares are delivered to the Participant in the same form (cash, Shares or other property) in which such dividend is paid to holders of Shares generally.

  • We have assumed that each recipient of Issued Options and Issued DSUs or DSU Shares received a copy of the Plan at the time of issuance of the Options.

  • Upon and following the Settlement Date, the Participant shall be the record owner of the DSU Shares unless and until such shares are sold or otherwise disposed of, and as record owner shall be entitled to all rights of a holder of Common Stock, including, without limitation, voting rights, if any, with respect to the DSU Shares.

  • The credit for DSU Shares shall be entered on the Company’s books of account as of the date the DSU Shares become vested.

  • The Participant acknowledges and agrees that, with respect to the Deferred Stock Units credited to the Account, the Participant has no voting rights with respect to the Company unless and until such Deferred Stock Units are settled in DSU Shares pursuant to Section 3(b) hereof.

  • We have assumed that the Company has issued and delivered to each holder of DSU Shares, and will issue and deliver to each other person entitled thereto, upon grant in the case of awards of Shares or Restricted Shares, and upon settlement, exercise or payment, as applicable, in the case of other types of Awards, duly executed certificates in the form reviewed by us representing the appropriate number of Shares.

  • We assume that each recipient of an Issued DSU or to whom DSU Shares were issued executed an appropriate form of Award Agreement covering the DSUs issued to such person and made the election to receive DSUs contemplated in the Plan, and that no modifications to a DSU awarded to a Canadian Director were required by Section 8 of Subpart A of the Plan.

  • A Director may elect to receive all or any portion of any DSU Shares in installments as provided in this Plan rather than in a lump sum following termination of Board service as provided in the DSU award agreement.

  • As a condition to the award of the Deferred Stock Units, and prior to the receipt of the DSU Shares (as defined in Section 2(b) below) on the Settlement Date, the Participant shall execute (to the extent the Participant has not already done so) a copy of the Stockholders Agreement and to deliver the same to the Company, along with such additional documents as the Company may require.

Related to DSU Shares

  • RSU Shares means shares of Common Stock that underlie an RSU.

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • 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.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Bonus Shares means Shares that are awarded to a Grantee without cost and without restrictions in recognition of past performance (whether determined by reference to another employee benefit plan of the Company or otherwise) or as an incentive to become an employee of the Company or a Subsidiary.

  • Plan Shares means shares of Common Stock held in the Trust which are awarded or issuable to a Participant pursuant to the Plan.

  • 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.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • Restricted Share Award means an award of Restricted Shares.

  • Common Shares means the common shares in the capital of the Corporation;

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

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Phantom Shares means an Award of the right to receive Shares issued at the end of a Restricted Period which is granted pursuant to Section 6(e) of the Plan.

  • RSUs means restricted stock units.

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

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

  • Company Restricted Shares means all shares of Company Common Stock subject to vesting restrictions and/or forfeiture back to the Company, whether granted under a Company Stock Plan or otherwise.

  • Payment Shares has the meaning set forth in Section 2.02;

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Merger Shares has the meaning set forth in Section 2.2(c).