Restricted Unit

Example Definitions of "Restricted Unit"
Restricted Unit. Means a right to receive payment in Shares following the expiration of the Restriction Period.
Found in United Natural Foods Inc contract
Restricted Unit. Any Award of a contractual right granted under Section 9 to receive Common Stock (or, at the discretion of the Committee, cash based on the Fair Market Value of a Share of the Common Stock) which becomes vested and nonforfeitable, in whole or in part, upon the satisfaction of such conditions as shall be determined by the Committee
Found in ProAssurance Corporation contract
Restricted Unit. A Unit granted or sold pursuant to Section 6 of this Plan as to which both the substantial risk of forfeiture and the prohibition on transfers has not expired.
Found in Enable Midstream Partners, LP contract
Restricted Unit. Any Award granted under Section 6 which becomes vested and nonforfeitable, in whole or in part, upon the satisfaction of such conditions as shall be determined by the Committee
Found in PROTECTIVE LIFE CORP contract
Restricted Unit. An award, denominated in units, granted pursuant to Section 6.1, where each unit is equal in value to one Share.
Found in L3Harris Technologies contract
All Definitions