Deferred Stock Unit means a right granted by the Company to an Eligible Director to receive, on a deferred payment basis, Shares under this Plan;
“Deferred Stock Unit” means a unit credited to a Director’s Deferred Stock Unit Account representing the right to receive a share of Common Stock pursuant to the terms of the Plan
“Deferred Stock Unit” shall mean a notional unit representing the right to receive one share of Common Stock, that is received by a participating Director pursuant to this Plan and provides for the deferred receipt of Eligible Compensation.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.