Unvested Performance Share Units definition

Unvested Performance Share Units means Performance Share Units held by Executive that are subject to any vesting, forfeiture or similar arrangement under this Agreement.
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Examples of Unvested Performance Share Units in a sentence

  • Forfeiture of Unvested Performance Share Units Unless the termination of your Service triggers accelerated vesting of your PSUs or other treatment pursuant to the terms of this Agreement or the Plan, you will automatically forfeit to the Company all of the PSUs that have not vested in the event you have a Separation from Service.

  • Unearned and Unvested Performance Share Units at Year-EndGrant Date2/21/2017 Also included in this column are the target number of PSUs granted in 2017 that are unearned and outstanding at year-end.

  • For avoidance of doubt and notwithstanding any provision of the Plan to the contrary, Grantee agrees that neither Grantee’s retirement or nor Grantee’s attainment of Normal Retirement Age shall have any effect on the vesting of the Unvested Performance Share Units, unless the Committee shall determine otherwise.

  • On each Settlement Date, the applicable number of vesting Unvested Performance Share Units not previously forfeited or applied to the payment of withholding taxes will convert to and be settled in an equal number of shares of Common Stock.

  • If the user has selected the option to apply the limit curve as a scale factor, the following equations are used.

  • Except as provided in this paragraph (b), if the Grantee’s Termination Date shall occur before the Final Vesting Date for any reason, any Unvested Performance Share Units as of such date shall, without further action of any kind by the Company or Grantee, be forfeited.

Related to Unvested Performance Share Units

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • Performance Units means an Award which may be earned in whole or in part upon attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Performance Unit Award means an award of Performance Units under this Plan.

  • RSUs means restricted stock units.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Restricted Share Unit Award means an award of Restricted Share Units under this Plan.

  • PSUs means the outstanding performance share units governed by the performance share unit plan of the Company dated December 16, 2013, as amended from time to time;

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Phantom Stock Award means an Award granted under Paragraph X of the Plan.

  • Stock Unit means a bookkeeping entry representing the equivalent of one Common Share, as awarded under the Plan.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

  • Performance Stock means a Target Number of Shares granted pursuant to Section 10(a) of the Plan.

  • Phantom Stock Unit means the right to receive the value of one (1) share of the Company’s Common Stock, subject to the provisions of Section 8.4 of the Plan.

  • Phantom Shares means an Award of the right to receive Shares issued at the end of a Restricted Period which is granted pursuant to Section 6(e) of the Plan.

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • Cash Performance Award means an Award that is denominated by a cash amount to an Eligible Person under Section 10 hereof and payable based on or conditioned upon the attainment of pre-established business and/or individual Performance Goals over a specified performance period.

  • 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 Award means an Award of Shares granted pursuant to Section 10.

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.