RS Unit definition

RS Unit means a restricted share unit granted under our Phantom Share Unit Plan;
RS Unit means a restricted share unit granted under our Phantom Share Unit Plan, “Share” means a Common share or a Class B Common share in the capital of West Fraser, “Shareholder” means an owner of any Share,

Examples of RS Unit in a sentence

  • Any attempted assignment of an RS Unit in violation of this Agreement shall be null and void.

  • On any day, the value of an RS Unit shall equal the Fair Market Value of one share of Common Stock of the Company.

  • On any day, the value of an RS Unit shall equal the Fair Market Value of one share of Common Stock.

  • In each case, the number of RS Units with respect to which the Forfeiture Obligations will lapse and be deemed to be vested as a result will, as necessary, be rounded up to the next whole RS Unit.

  • On any day, the value of an RS Unit shall equal the Fair Market Value of a share of Common Stock of the Company.