Stock Unit

Stock Unit. Shall mean the right to receive a share of Stock from the Company at a designated time in the future (provided such Stock Unit is vested at such time) which is granted to an Eligible Director pursuant to Section 8 herein and which is subject to the restrictions set forth in Section 8 herein or in any Stock Unit Agreement that evidences such right. The participant does not have the rights of a shareholder until... receipt of the Stock. View More

Stock Unit. A unit of measurement equal to one outstanding share of Common Stock of the Corporation.

Stock Unit. Means a right, granted to a Participant pursuant to Section 6(e) hereof, to receive Shares, cash or a combination thereof at the end of a specified period of time.

Stock Unit. Is a bookkeeping unit which represents a conditional right to receive one Share upon settlement, together with a right to Dividend Equivalents as specified in Section 6(b). Stock Units constitute a commitment by the Company to issue or deliver Common Stock at specified future dates in settlement of Other Stock-Based Awards under the Plans. Stock Units are arbitrary accounting measures created and used solely for purposes of this Program, and do not represent ownership rights in the Company,... Shares, or any asset of the Company. Stock Units subject to a risk of forfeiture based on continued employment and vesting may be referred to as "Restricted Stock Units." View More

Stock Unit. Means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, and granted to a Participant pursuant to Section 6 of the Plan. Each restricted stock unit represents an unfunded and unsecured obligation of the Company.

Stock Unit. A bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 9. Each Stock Unit represents an unfunded and unsecured obligation of the Company.

Stock Unit. Shall mean a bookkeeping entry representing an amount equivalent to the fair market value of one Share, payable in cash, property or Shares. Stock Units represent an unfunded and unsecured obligation of the Company, except as otherwise provided for by the Administrator. 3 "Ten-Percent Stockholder" shall mean the owner of stock (as determined under Section 424(d) of the Code) possessing more than 10% of the total combined voting power of all classes of stock of the Company (or any... Related Corporation). View More

Stock Unit. Means an unfunded and unsecured promise, denominated in Shares, to deliver Shares or cash measured by the value of Shares in the future.

Stock Unit. Means a bookkeeping entry which serves as a unit of measurement relative to a share of Common Stock for purposes of determining the payment, in Common Stock or cash, of an Award, including a deferred benefit or right under this Plan. Stock Units are not outstanding shares and do not entitle a Participant to any dividend, voting or other rights in respect of any Common Stock represented thereby or acquirable thereunder. Stock Units, may, however, by express provision in the applicable Award... Agreement, entitle a Participant to dividend equivalent rights, as defined by the Committee. View More

Stock Unit. Means the share equivalents credited to a Participant's Stock Account pursuant to Section 8. The use of Stock Units is for bookkeeping purposes only; the Stock Units are not actual shares of Common Stock. Constellation Energy Group will not reserve or otherwise set aside any Common Stock for or to any Stock Account.