ANNUAL STOCK UNIT AWARD

Example Definitions of "ANNUAL STOCK UNIT AWARD"
ANNUAL STOCK UNIT AWARD. The annual Award of Stock Units, established by the Board, paid to a Director at the beginning of a Director Year in consideration for such Director's agreement to serve as a Director on the Board for the Director Year.
Found in KB Home contract
ANNUAL STOCK UNIT AWARD. The annual Award of Stock Units, established by the Board, paid Units granted to a Director at the beginning of a given Director Year in consideration for such Director's agreement to serve as a Director on the Board for the Director Year.
Found in KB Home contract
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