RU Plan definition

RU Plan means Advantage’s restricted unit incentive plan;
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RU Plan means the Restricted Unit Plan of the REIT;
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RU Plan means the Restricted Unit Plan of the REIT; “Securities Act” means the Securities Act (Ontario);
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Examples of RU Plan in a sentence

  • The RU Plan grants award recipients a Restricted Unit (“RU”) to receive compensation from the Company based on the increases in the fair market value of the subsidiary named in the Restricted Unit Award Agreement.

  • The RU Plan was implemented to allow chief executives the opportunity to benefit from the growth in one of the subsidiary companies.

  • On April 15, 2008, the Board of Directors of AOG unanimously approved, subject to regulatory and Unitholder approval, the Proposed Amendments and at the Meeting, Unitholders will be asked to ratify and approve the amendments to the Advantage RU Plan.

  • At the Meeting, Unitholders will be asked to approve amendments to the Advantage RU Plan that are intended to, among other things, address situations where there is a “change of control” or “change of business structure” of the Trust and to clarify how awards of Restricted Units will be calculated in such circumstances as the Advantage RU Plan is currently silent on how such calculation is to be done.

  • Subject to the Proposed Amendments, the Advantage RU Plan will continue to have the features described under the heading “Report on Executive Compensation – Advantage Restricted Unit Incentive Plan” in this information circular.

  • The Company does not have any other liabilities as of March 31, 2021 and December 31, 2020 related to the RU Plan.

  • The Advantage RU Plan provides for cumulative adjustments to the number of Trust Units to be issued pursuant to Restricted Units on each date that distributions are paid on the Trust Units by an amount equal to a fraction having as its numerator the amount of the distribution per Trust Unit and having as its denominator the fair market value of the Trust Units on the trading day immediately preceding the distribution payment date.

  • The specific amending provisions of the Advantage RU Plan will provide that the Advantage RU Plan may not be amended without Unitholder approval in the case of the following amendments: (A) an amendment to the Advantage RU Plan to increase the percentage of Trust Units reserved for issuance pursuant to Restricted Units in excess of the 5% limit currently prescribed; or (B) to amend the amending provision of the Advantage RU Plan.

  • For the periods from June 24, 2006 to December 31, 2006 and from January 1, 2007 to December 31, 2007, no Restricted Units were granted under the Advantage RU Plan.

  • In the event of a change in control of Advantage, as defined in the Advantage RU Plan, the vesting provisions attaching to the Restricted Units are accelerated and all unexercised Restricted Units will be issued immediately prior to the date upon which the change of control is completed.

Related to RU Plan

  • DSU Plan means the Deferred Share Unit Plan of the Corporation.

  • RSU Plan means the restricted share unit plan for senior officers, employees and consultants adopted in November of 2008 by Jaguar, as amended from time to time;

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Equity Plan means any stock or equity purchase plan, restricted stock or equity plan or other similar equity compensation plan now or hereafter adopted by the Partnership or the General Partner, including the Plan.

  • BCDR Plan means the plan consisting of general business continuity and disaster recovery principles, the Business Continuity Plan and Disaster Recovery Plan as further described in paragraph 1.2 of Schedule 2- 14.

  • Deferral Plan means the UGI Corporation 2009 Deferral Plan.

  • Stock Incentive Plan has the meaning set forth in Section 3(b) of the Agreement.

  • Stock Plan means any stock incentive, stock option, stock ownership or employee benefits plan of the General Partner.

  • Company Incentive Plan shall have the meaning assigned to it in Section 1.7 hereof.

  • Option Plan has the meaning ascribed to it in section "4.7" hereinbelow;

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • SIP means Session Initiation Protocol.

  • Incentive Plan means any plan providing compensation that depends on achieving certain performance goals or similar conditions within a specified period;

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Bonus Plan means the Company’s management incentive plan or such other annual bonus plan in existence at the applicable time.

  • Company Stock Option Plan means the Company's 1999 Stock Option Plan.

  • Compensation Plan means any program, plan or similar arrangement (other than employment contracts for a single individual) relating generally to compensation, pension, employment or similar arrangements with respect to which any Company, any Affiliate of any Company or any ERISA Affiliate of any of them has any obligation or liability, contingent or otherwise, under any Requirement of Law other than that of the United States.

  • EHC plan means an Education, Health and Care plan made under sections 37(2) of the Children and Families Act 2014.

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Omnibus Plan means the Hanesbrands Inc. Omnibus Incentive Plan of 2006, as amended from time to time, and any successor plan or plans. The long-term incentive described in this section (“Long-Term Cash Incentive Plan”) includes cash long-term incentives, but does not include stock options, RSUs, or other equity awards. Such amounts shall be payable as provided in section 2(c). Treatment of stock options, RSUs, or other equity awards shall be determined pursuant to the Executive’s award agreement(s). Executive shall not be eligible for any new Annual Incentive Plan grants, Long-Term Cash Incentive Plan grants, or any other grants of stock options, RSUs, or other equity awards under the Omnibus Plan during the Severance Period.

  • HACCP plan means a written document that delineates the formal procedures for following the hazard analysis and critical control point principles developed by the National Advisory Committee on Microbiological Criteria for Foods.

  • Incentive Compensation Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Company or the Manager for the benefit of any of their respective employees or other service providers (including directors, advisers and consultants), or the employees or other services providers (including directors, advisers and consultants) of any of their respective Affiliates or Subsidiaries.

  • Equity Incentive Plan means an incentive plan, or portion of an incentive plan, under which awards are granted and that falls within the scope of IFRS 2 Share-based Payment;