Unit Award definition

Unit Award means a grant of a Unit that is not subject to a Restricted Period.
Unit Award means an award granted pursuant to Section 6(d) of the Plan.
Unit Award means a grant under Section 6(e) hereof of a Unit that is not subject to a Restricted Period.

Examples of Unit Award in a sentence

  • Pursuant to your Restricted Stock Unit Award Agreements with the Company, and the Company’s 2021 Equity Incentive Plan (hereafter, collectively referred to as the “RSU Agreements”), you were granted restricted stock unit awards (the “RSU Awards”).

  • As a condition to this grant of the Performance Share Unit Award, the Participant agrees to comply with any applicable foreign exchange rules and regulations.

  • The Company has not submitted any registration statement, prospectus or other filings with the local securities authorities (unless otherwise required under local law), and this grant of the Performance Share Unit Award is not subject to the supervision of the local securities authorities.

  • This grant of the Performance Share Unit Award shall be subject to any special terms and conditions set forth in any addendum to this Agreement for the Participant’s country ("Addendum").

  • This grant of the Performance Share Unit Award is not intended to be a public offering of securities in the Participant's country.


More Definitions of Unit Award

Unit Award means an award of Units under the Plan, which Units shall be issued on the Issue Date(s) determined in accordance with Section 6(b)(i) hereof, subject to adjustment pursuant to the provisions of such Section 6(b)(i);
Unit Award means an award of a fully vested Unit pursuant to Section 6.4 hereof.
Unit Award means an award of Restricted Share Units under the Plan;
Unit Award means an award granted under this Plan. A Unit Award has a base value of $50,000 for purposes of determining the payment made for a partially-vested Unit Award upon an Early Termination Date. A Unit Award has a full value of $125,000, which is the aggregate amount payable with respect to a fully-vested Unit Award (subject to the adjustment, if any, as set forth in Section 6.2).
Unit Award means a Restricted Stock Unit Award granted pursuant to Section 8 of the Plan or a Performance Related Stock Award granted pursuant to Section 9 of the Plan, in each case, representing a contractual right to receive a share of Stock (or the cash equivalent thereof) upon the satisfaction, in whole or in part, of the terms and conditions applicable to such Award. Unless otherwise determined by the Committee and set forth in the applicable Award Agreement, Unit Awards shall be settled upon the satisfaction or waiver of such Unit Award’s terms and conditions. Unless otherwise determined by the Committee and set forth in the applicable Award Agreement, the holder of a Unit Award shall not be entitled to receive dividends with respect to any shares of Stock underlying such Unit Awards.
Unit Award means a grant of a Unit under the Plan that is not subject to a Restricted Period.
Unit Award means an Award of vested Units granted under Article XI.