Restricted Share Unit definition

Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.
Restricted Share Unit means a right, granted under Section 5(e), to receive Shares or cash at the end of a specified deferral period.
Restricted Share Unit means any unit granted under Sections 7 or 10 of the Plan.

Examples of Restricted Share Unit in a sentence

  • Each Designated Participant’s Restricted Share Unit Account shall indicate the number of RSUs which have been credited to such account from time to time together with the Restricted Period and vesting terms.

  • Unless otherwise indicated, all dollar amounts referred to in this Restricted Share Unit Plan are in Canadian funds.

  • To consider and if thought fit, to approve an ordinary resolution approving all unallocated Restricted Share Units under the Company’s Restricted Share Unit Plan, as described in the Information Circular.

  • HOW Sze Ming was granted 100,000 RSUs under the Restricted Share Unit Scheme, 25,000 of which vested on 1 December 2016, 25,000 vested on 1 June 2017 and 25,000 vested on 1 December 2017.

  • He was also granted 100,000 RSUs under the Restricted Share Unit Scheme, 25,000 of which vested on 1 December 2016, 25,000 vested on 1 June 2017 and 25,000 vested on 1 December 2017.


More Definitions of Restricted Share Unit

Restricted Share Unit means a grant or sale of the right to receive Shares or cash at the end of a specified restricted period made pursuant to Section 9.
Restricted Share Unit or “RSU” means a right granted to a Participant to receive Shares or cash upon the lapse of restrictions imposed under Section 7.
Restricted Share Unit or “RSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 5;
Restricted Share Unit means an Award granted pursuant to Article 7.
Restricted Share Unit means the right, as described in Section 9, to receive an amount, payable in either cash or shares of Common Stock, equal to the value of a specified number of shares of Common Stock. No certificates shall be issued with respect to such Restricted Share Unit, except as provided in subsection 9(d), and the Corporation shall maintain a bookkeeping account in the name of the Participant to which the Restricted Share Unit shall relate.
Restricted Share Unit means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 8 of this Plan. Each Restricted Share Unit represents an unfunded and unsecured obligation of the Company.