Elective Stock Units definition

Elective Stock Units means Stock Units that an Eligible Director elects to receive in lieu of Retainers pursuant to ‎Section 9‎(a).
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Elective Stock Units means Stock Units that are elected pursuant to Section 7(a) to be received in lieu of Retainers and/or Director Stock.
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Elective Stock Units means Stock Units awarded as a result of a Participant’s election to defer the receipt of Compensation, other than an Award, in accordance with Section 4.2(b).
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Examples of Elective Stock Units in a sentence

  • Directors may elect to have all or a portion of their Elective Stock Units paid on the earlier of (i) the beginning of a specified calendar year or (ii) their separation from service as a member of the Board.

  • The Elective Stock Units are paid at the conclusion of board service or earlier as specified by the director, regardless of years of service.

  • Such election with respect to current deferrals may be changed at any time upon appropriate notice to the Corporate Executive Compensation Department; provided, however, that an election to have current deferrals credited as Elective Stock Units may not be changed at any time during the effective period of the Deferral Election.

  • It has more than 400 business units in Spain, and we are also present outside our borders, in countries like Italy, Portugal, France, United States, Mexico, Guatemala, Colombia, Republic Domi- nican, Panama or Chile.nomy is its hallmark and our culture referential point.

  • Directors may elect to have all or any portion of their Automatic Stock Units paid on (A) the earlier of (i) the beginning of a specified calendar year after the vesting date or (ii) their separation from service as a member of the Board, or (B) on the vesting date.Directors also may elect to defer to a later year all or a portion of their remaining cash retainer or committee retainer fees into a stock unit account as Elective Stock Units or in alternative investment options.

  • The aforesaid 4 promoters acting on behalf of the said proposed Society by the Agreement dated 5th February 1987 entered into with the said F.E. Dinshaw Charities agreed to purchase the said land admeasuring about 5,244 Sq. Mtrs.

  • If a Participant elects to have current deferrals credited as Elective Stock Units, the number of Stock Units to be credited to the Participant's Stock Unit Account under this Section 4.2(c) shall be the quotient of (i) divided by (ii) where (i) equals the amount of the current deferral to be credited as Stock Units and (ii) equals the Fair Market Value on the date on which the amounts are credited to the Participant's Stock Unit Account.

  • Green bonds are beginning to provide significant financing for technological innovation, especially for diffusing mature technologies at large scale.

  • The number of Elective Stock Units to be credited pursuant to such election shall be determined based on the Fair Market Value of a share of Common Stock on the Crediting Date.

  • Any such election to receive Elective Stock Units in lieu of a cash payment under the foregoing proviso must be made, on a form and in a manner prescribed by the Committee, prior to the beginning of the calendar year to which such Annual Retainer or any Other Annual Retainers relate.


More Definitions of Elective Stock Units

Elective Stock Units means Stock Units that an Eligible Director elects to receive in lieu of Retainers pursuant to Section 9 (a). “Eligible Directors” has the meaning set forth in Section 2.
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Related to Elective Stock Units

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • Company Stock Options means issued and outstanding options to acquire Company Common Stock which were granted under the Company Stock Option Plans.

  • Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.

  • Nonqualified Stock Option means an Option that is not an Incentive Stock Option.

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

  • Company Stock Option Plans means the 1996 Equity Incentive Plan, 1998 Stock Option Plan for Non-Employee Directors and 1999 Employee Stock Option Plan.

  • Parent Stock Option means any option to purchase Parent Common Stock.

  • Company Stock Option Plan means the Company's 1999 Stock Option Plan.

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

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • 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.

  • SARS means the South African Revenue Service.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • INDEPENDENT STOCK APPRECIATION RIGHT or "INDEPENDENT RIGHT" means a right granted pursuant to subsection 8(b)(3) of the Plan.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • Nonstatutory Option means a stock option not described in Sections 422(b) or 423(b) of the Code.

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

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

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Restricted Share Award means an award of Restricted Shares.