Mature Units

Example Definitions of "Mature Units"
Mature Units. Units owned by a Participant that are not subject to any pledge or security interest and that have been either previously acquired by the Participant on the open market or meet such other requirements, if any, as the Committee may determine are necessary in order to avoid an accounting earnings charge on account of the use of such Units to pay the Exercise Price or satisfy a withholding obligation of the Participant.
Mature Units. Means Units that have been held by a Grantee for longer than six (6) months after becoming vested.
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