Phantom Stock Unit

Example Definitions of "Phantom Stock Unit"
Phantom Stock Unit. Shall mean a right to receive a Share on a future date referenced in a Participant's employment agreement between the Company or a Subsidiary and the Participant.
Found in Vishay Intertechnology Inc contract
Phantom Stock Unit. A hypothetical investment equivalent, equal to one share of Common Stock granted in connection with an Award made under Section 9 of the Plan, or credited with respect to Awards of Performance Share Units which have been deferred under Section 8
Found in Prime Meridian Holding Co contract
Phantom Stock Unit. An unfunded and unsecured promise to deliver shares of Common Stock cash other securities or other property subject to certain restrictions including without limitation a requirement that the Participant remain continuously employed or provide continuous services for a specified period of time granted under Section 8 of the Plan
Found in Apria, Inc. contract
All Definitions