Examples of Share Unit in a sentence
On the maturity date, the Company shall, subject to Sections 7.4 and 7.5, transfer to the Participant one unrestricted, fully transferable Share for each Restricted Share Unit scheduled to be paid out on such date and not previously forfeited.
The date on which payment and settlement occurs is referred to as the “Settlement Date.” Settlement of vested Restricted Share Units on a Settlement Date shall be made in the form of shares of Stock with one share of Stock being issued in settlement of each vested Restricted Share Unit and the Company will enter the Grantee's name on the books and records of the Company as the shareholder of record with respect to the shares of Stock delivered to the Grantee.
Upon the settlement of any vested Restricted Share Unit, the Restricted Share Unit shall be cancelled.
The Group launched two share-based plans, the Restricted Stock Unit (“RSU”) and the Performance Share Unit (“PSU”).
The Administrator will determine and set forth in the Award Agreement 5the terms and conditions for each Restricted Share and Restricted Share Unit Award, subject to the conditions and limitations contained in the Plan.