Common Stock Unit

Example Definitions of "Common Stock Unit"
Common Stock Unit. Shall mean a derivative security of the Company entitling the holder thereof to receive (i) at the time of the payment of any cash or stock dividend by the Company on its Common Stock (other than a stock dividend effectuating a stock split), that amount of cash or that number of shares distributed to the holder of a share of Common Stock and (ii) at the time of payment of Proceeds pursuant to the terms hereof and any Election Form, one share of Common Stock.
Common Stock Unit. The bookkeeping entry representing the equivalent of one share of Common Stock
Common Stock Unit. A right to receive one share of Common Stock
All Definitions