Stock Unit

Stock Unit. A right to (i) receive a share of Stock or (ii) receive a cash payment, in accordance with the conditions set forth herein, of the Fair Market Value of a share of Stock.

Stock Unit. Means the notational unit representing the right to receive one share of Stock.

Stock Unit. A hypothetical share of Company Stock. Each Stock Unit credited to an Outside Director's Stock Unit Account or Dividend Account shall be deemed to have the same value, from time to time, as a share of Company Stock. Notwithstanding the foregoing, Stock Units shall not confer upon Outside Directors any of the rights associated with Company Stock, including, without limitation, the right to vote or to receive distributions. Stock Units may not be sold, assigned, transferred, disposed of, pledged,... hypothecated or otherwise encumbered. View More

Stock Unit. A right to receive, in accordance with the provisions set forth herein and in the Rules, a Share

Stock Unit. Means a bookkeeping entry representing the equivalent of one or more share of Stock as indicated in the Award Agreement awarded to a Grantee pursuant to Section 10 hereof.

Stock Unit. A right that is granted under Section 10 to receive either Common Stock or cash equal to the Fair Market Value of a share of Common Stock

Stock Unit. A bookkeeping entry that serves as a unit of measurement relative to a share of Common Stock for purposes of determining the payment of the Stock Unit grant. Stock Units are not outstanding shares of Common Stock and do not entitle a grantee to any dividend, voting or other rights in respect of any Common Stock. Stock Units may, however, by express provision in the applicable Award Agreement, entitle a Participant to dividend equivalent rights, credited in the form of cash or additional Stock... Units, as determined by the Committee. Stock Units are payable in shares of Common Stock. View More

Stock Unit. An award of a phantom unit, representing one or more Shares, as described in Section 8 hereof

Stock Unit. A unit of account deemed to equal a single share (or fractional share) of Common Stock. No Participant or Beneficiary will have any of the rights of a shareholder with respect to Stock Units.

Stock Unit. An Earnings Measure consisting of one notional share of Common Stock.