Examples of RSU Compensation in a sentence
The number of RSU Cash Units shall be calculated by dividing the amount of RSU Compensation credited to the Stock Tracking Fund by the then-current Fair Market Value of the Stock.
Each Director under this Plan may, from time to time, name a Beneficiary or Beneficiaries (who may be named contingently or successively) who will receive any vested RSU Compensation or unpaid Deferred Benefit under this Plan in case of the Director’s death before their RSU Compensation or their Deferred Benefits are paid.
An Eligible Employee may generally elect to defer up to 50% of his or her Base Salary for any Plan Year and up to 100% of his or her Incentive Compensation and/or RSU Compensation for any Plan Year.
The Participant may elect to have the RSU Compensation credited either to the Applicable Interest Rate Fund or to the Stock Tracking Fund or to both.
An election to defer Compensation must identify (i) the source of Compensation to be deferred and (ii) the percentage (expressed in integral multiples of 1%) of each source to be deferred; provided, however, that in the case of RSU Compensation the percentage must be expressed in integral multiples of 10%.
Not withstanding the foregoing, a Participant may make a RSU Compensation Deferral election within 30 days after the date of the award of such RSU Compensation provided that such election may be made if, and only if, none of the RSU Compensation in the award for which the election is being made will vest prior to 12 months from the date of such election.
A Participant may divide the RSU Compensation between the Applicable Interest Rate Fund and the Stock Tracking Fund; provided, that any such election must be in increments of at least 10%.
RSU Compensation Regression Table E shows the regression output for the determinants of RSU compensation.
Any amounts attributable to RSU Compensation that are deferred by a Participant who is an Eligible Employee shall be credited to his or her Account as soon as administratively practicable after the date on which the restricted stock units are settled pursuant to the RSU Agreement.
The aggregate Fair Market Value (determined as of the Grant Date) of Shares that may be issued as RSU Compensation Grants under Section 6.1 of this Plan to a Director in any year shall not exceed $170,000.