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 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;
Examples of Restricted Share Unit in a sentence
The Company has established a Restricted Share Unit ("RSU") plan.
The Company has established a Performance Restricted Share Unit ("PRSU") plan.
Such Award is subject to the terms and conditions of this Performance-Based Restricted Share Unit Agreement (the “Agreement”) and the Plan.
Under and subject to the provisions of the Plan and upon the terms and conditions set forth herein, Primo Brands Corporation (the “Company”) has granted to _______________ (the “Grantee”), effective ______________ (the “Grant Date”), a Restricted Share Unit Award (the “Award”) of ____________ performance-based restricted share units (such units, the “Performance Units”), in respect of services to be provided by the Grantee in ________________ and thereafter.
More Definitions of Restricted Share Unit
Restricted Share Unit means an Award granted pursuant to Article 7.
Restricted Share Unit means an unfunded, unsecured right to receive, on the applicable settlement date, one Share or an amount in cash or other consideration determined by the Administrator to be of equal value as of such settlement date, subject to certain vesting conditions and other restrictions.
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 means any unit granted under Sections 7 or 10 of the Plan.
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.
Restricted Share Unit or "RSU" means a right awarded to a Participant to receive a payment in Shares as provided in Subsection 5.1 hereof and subject to the terms and conditions of this Plan and the applicable Award Agreement;