Share Unit definition

Share Unit means a unit credited by means of an entry on the books of the Corporation to a Participant pursuant to the Plan, representing the right to receive, subject to and in accordance with the Plan, for each Vested Share Unit one Share, at the time, in the manner, and subject to the terms, set forth in the Plan and the applicable Grant Agreement;
Share Unit means either an RSU or a PSU, as the context requires.

Examples of Share Unit in a sentence

  • As permitted by Section 15(c) of the Plan, receipt of this Restricted Share Unit award is subject to the Participant’s acceptance of the Award and the terms of this Award Agreement and the Plan through Fidelity’s NetBenefits® website xxxxx://xx.xxxxxxxx.xxx/ and/or through such other procedures as may be required by the Company (Participant’s “Acceptance”).

  • To avoid cancellation of the Restricted Share Unit award, the Participant must affirmatively accept the Award and the terms of this Award Agreement within 6 months of the grant date, as set forth in paragraph 30 of the Award Agreement.

  • If the vesting of a Restricted Share Unit is subject to a performance condition, the following additional terms and conditions will apply to that Award: • The Participant will have the right to receive from 0% to 200% of the number of Shares indicated on the grant date, based on achievement of performance goals established by the Committee for that Award.

  • The date as of which the Participant’s Restricted Share Unit award shall be forfeited, if the Participant has not provided such Acceptance, will generally be set forth in the Participant’s account at Fidelity’s NetBenefits® website.

  • APPENDIX B TO THE ARCONIC CORPORATION 2020 Stock Incentive Plan Global Restricted Share Unit Award Agreement For Non-U.S. Participants Capitalized terms used but not defined in this Appendix B have the meanings set forth in the Plan and the Global Restricted Share Unit Award Agreement (the “Award Agreement”).


More Definitions of Share Unit

Share Unit means a unit credited to a Participant’s account in accordance with the terms and conditions of the Plan.
Share Unit means a bookkeeping entry representing the equivalent of one Share, as awarded under the Plan.
Share Unit means a right awarded to a Participant to receive a payment as provided in Article 4 hereof and subject to the terms and conditions of this Plan;
Share Unit means a bookkeeping entry representing the equivalent of a Share awarded to a Grantee pursuant to Section 10 hereof.
Share Unit means a RSU or PSU, as the context requires;
Share Unit means a bookkeeping entry representing the equivalent of one share of Common Stock that is payable in the form of Common Stock, cash, or any combination of the foregoing.
Share Unit means an RSU and/or PSU, as the context requires;