Vested PIUs definition

Vested PIUs means each or any, as the context implies, PIU that has vested pursuant to such PIU’s PIU Vesting Agreement.
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Examples of Vested PIUs in a sentence

  • Vested PIUs will be converted into Common Units as provided in Section 8.7.

  • The purchase price for each Vested PIU will be equal to the Fair Market Value (as defined in the PIU Plan) as of the date that such payment is made to you in consideration for the cancellation of all of such Vested PIUs.

  • Executive Equity Incentive Plan (the "PIU Plan"), subject to the terms and conditions provided therein; provided, however, that the Partnership will make a payment to you in consideration for the cancellation of all of such Vested PIUs no later than April 30, 2015.

Related to Vested PIUs

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Vested Portion means, at any time, the portion of an Option which has become vested, as described in Section 3 of this Agreement.

  • Non-Vested Shares means any portion of the Restricted Stock subject to this Agreement that has not become vested pursuant to this Section 2.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.