RP Share definition

RP Share means a unit representing an individual Participant’s designated interest in the overall RP Pool. A Participant’s total percentage interest in the Plan Pool shall be their total number of designated RP Shares divided by the total number of RP Shares designated in the Plan at any given time by the Steering Committee or Compensation Committee. For example, a Participant with 10 designated shares out of 400 total RP Shares shall have a 0.25% interest in the Plan Pool.
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Related to RP Share

  • car-share means the practice where a number of people share the use of one or more cars that are owned by a profit or non-profit car-sharing organization and where such organization may require that use of cars to be reserved in advance, charge fees based on time and/or kilometres driven, and set membership requirements of the car-sharing organization, including the payment of a membership fee that may or may not be refundable;

  • Fractional Share means a fractional share in the ICAV issued in accordance with Section 12.5.

  • REIT Share means a share of common stock, par value $.01 per share, of the General Partner.

  • Company Share means one share of common stock of the Company, $0.01 par value per share.

  • Public Share means a Class A Share issued as part of the units (as described in the Articles) issued in the IPO.