Base Units means the number of Restricted Share Units set forth in the Award Agreement (increased by any additional Restricted Share Units “purchased” pursuant to Section 4(e) hereof) by which the number of Shares that may be delivered to a Participant is measured.
Base Units has the meaning ascribed thereto in the first paragraph of this Agreement;
Examples of Base Units in a sentence
Any Class A Units that do not become fully vested in accordance with the preceding sentence will automatically be cancelled and forfeited as of the date of the Administrator’s determination of the number of Qualifying Termination Base Units without payment of any consideration therefor, and the Participant shall have no further right to or interest in such Class A Units.
More Definitions of Base Units
Base Units means (i) with respect to the Year 1 Earn-Out Period, forty (40) CNG Units, (ii) with respect to the Year 2 Earn-Out Period, forty-eight (48) CNG Units, (iii) with respect to the Year 3 Earn-Out Period, fifty-eight (58) CNG Units, and (iv) with respect to the Year 4 Earn-Out Period, sixty-nine (69) CNG Units.
Base Units means [_______] Class A Units.1
Base Units means #GrantCustom5# Class D Units. Performance Period
Base Units means the total number of units in a housing development, not including units added through a density bonus pursuant to this chapter.
Base Units means <USER_DEFINED_2> Class D Units. Performance Period
Base Units means [●] Performance LTIP Units subject to the Award.
Base Units is defined in Section 2.1.2(a)