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 an Award granted pursuant to 6(d) of the Plan.

Examples of Unit Award in a sentence

  • All rights with respect to a Restricted Stock Unit Award granted to a Participant hereunder shall be exercisable during his or her lifetime only by such Participant or the Participant’s guardian or legal representative.

  • Each Restricted Stock Unit Award Agreement shall be in such form and shall contain such terms and conditions as the Board shall deem appropriate.

  • The Administrator will determine and set forth in the Award Agreement the terms and conditions for each Restricted Stock and Restricted Stock Unit Award, subject to the conditions and limitations contained in the Plan.

  • Deferred Stock Units shall consist of a Restricted Stock, Performance Share or Performance Unit Award that the Administrator, in its sole discretion permits to be paid out in installments or on a deferred basis, in accordance with rules and procedures established by the Administrator.

  • No Restricted Stock Unit Award or purported Restricted Stock Unit Award shall be a valid and binding obligation of the Company unless evidenced by a fully executed Award Agreement.


More Definitions of Unit Award

Unit Award means a grant under Section 6(e) hereof of a Unit that is not subject to a Restricted Period.
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 a grant of a Unit under the Plan that is not subject to a Restricted Period.
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 an Award of the right to purchase Common Units under Article VI of the Plan.