Stock Units definition

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

Stock Units means the credits to a Participant's Stock Unit Account under Article VI of this Plan, each of which represents the right to receive one Share upon settlement of the Stock Unit Account.

Stock Units means the share equivalents credited to the Common Stock Fund of a Participant's Compensation Account pursuant to Section 6.

Examples of Stock Units in a sentence

• The Company and its Affiliates shall be entitled to deduct and withhold the minimum amount necessary in connection with the Awardee’s Restricted Stock Units to satisfy its withholding obligations under any and all federal, state and/or local tax rules or regulations.

• Distribution Equivalent Right payments with respect to the Restricted Stock Units will be held by the Company and paid as and when (and only to the extent that) such Restricted Stock Units vest and the underlying shares of Common Stock are issued as set forth in the Restricted Stock Unit Award Agreement.

• All such Restricted Stock Units shall be subject to the restrictions and forfeiture provisions contained in Sections 3, 4 and 6, such restrictions and forfeiture provisions to become effective immediately upon execution of this Agreement by the parties hereto.

• The award of Restricted Stock Units under this Agreement shall be effective as of the Effective Date.

• Any Transfer of the Restricted Stock Units or any shares of Common Stock underlying the Restricted Stock Units which is not made in compliance with the Plan and this Agreement shall be null and void and of no effect.

More Definitions of Stock Units

Stock Units means the credits to a Non-Employee Director’s Stock Unit Account, each of which represents the right to receive one Share upon settlement of the Stock Unit Account.

Stock Units means a bookkeeping entry representing the equivalent of one Share awarded to a Grantee pursuant to Section 10.

Stock Units means the share equivalents credited to a Participant's Stock Account pursuant to Article III, Section 1.

Stock Units means the share equivalents credited to a Participant's Stock Account pursuant to Section 8. The use of Stock Units is for bookkeeping purposes only; the Stock Units are not actual shares of Common Stock. CEI will not reserve or otherwise set aside any Common Stock for or to any Stock Account.

Stock Units means the deferred portion of Compensation, which is converted into a unit denominated in shares of the Corporation’s common stock.

Stock Units means the right to receive the value of one share of Stock in accordance with the terms of this Agreement.

Stock Units means Initial Stock Units, Annual Stock Units and/or Elective Stock Units, as applicable.