Plan Units definition

Plan Units means each of the Initial Plan Units, Secondary Plan Units, Final Plan Units and/or Independent Production Goal Plan Units.

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Plan Units means, in respect of any Holding, the percentage of Units in that Holding participating in the Plan from time to time.

Plan Units means investment units, each of which is equivalent in value to one share of Stock.

Examples of Plan Units in a sentence

• The number of Growth Plan Units awarded to you represents a target award for the Performance Cycle (as defined below).

• If your role within the Company changes during the Performance Cycle such that you would no longer be eligible to receive Growth Plan Units, this Agreement shall remain in full force and effect as if no such change had occurred.

• Growth Plan Units may be paid out in either cash or shares of the Company’s common stock (“Shares”), at the discretion of the Committee.

• Your actual award value (the “Actual Award”) is equal to the product of (i) the Target Value, (ii) the Plan Payout Percentage, and (iii) the number of Growth Plan Units awarded to you under this Agreement.

• The number of Performance Share Plan Units granted hereunder shall be adjusted from time to time for changes in capitalization, as provided in the Plan.

More Definitions of Plan Units

Plan Units means the Units of Advantage issued pursuant to this Arrangement;

Plan Units means investment units, each of which is deemed to be equivalent to one share of Stock, convertible into a Deferred Stock Unit or a share of Stock, as applicable, upon the vesting of a Grant.

Plan Units means Units purchased under the Plan.

Plan Units means fractional Units offered by the Depositor pursuant to the reinvestment plans described in the final prospectus of the Trust filed within the appropriate registration forms under the Securities Act of 1933, and for which Plan Units the Trustee is acting as Trustee.

Plan Units means investment units, each of which is deemed to be

Plan Units mean Trust Units purchased under the Plan and held under the Plan for Participant’s accounts as whole or fractional Trust Units;

Plan Units means the number of units awarded to a Participant representing the relative interest and rights of the Participant and such number shall be used to determine the amount of any Plan Distribution that such Participant shall be entitled to receive, it being understood by the Company and the Participants that the Company has used the words “Plan Units”, “Units” and “Shares of stock” interchangeably in correspondence with Participants, but such terms shall have the same meaning for purposes of this Plan, that is, the meaning given herein to “Plan Units”. It is further understood by the Company and the Participants that, although certain characteristics of Plan Units are determined by reference to the Class C Units of the Company, Plan Units are not Class C Units and that a Grant of Plan Units gives a Participant only the rights expressly stated in this Plan.