Glossary entry (derived from question below)
English term or phrase:
Time-Vesting Incentive Units
German translation:
Anreizeinheiten/Incentive-Einheiten mit zeitabhängiger Unverfallbarkeit
Added to glossary by
Sebastian Witte
Jul 8, 2023 18:53
11 mos ago
12 viewers *
English term
Germany
Responsive with well-rounded knowledge
Native in: German (Variant: Germany) 
Works in: English to German, German to English, Spanish to German, and 5 more.
Time-Vesting Incentive Units
English to German
Bus/Financial
Finance (general)
INCENTIVE UNIT AWARD AGREEMENT
Z LP Incentive Unit Plan
The LP hereby grants to the Participant an Award (the “Award”) of Incentive Units (the
“Incentive Units”) on the terms and conditions as set forth in this Award Agreement and in the
LP’s Incentive Unit Plan (the “Plan”).
In accordance with this Award, and as a condition thereto, the LP and the Participant
agree as follows:
. Per Incentive Unit Threshold; Number of Incentive Units; Date of Grant. The Unit
Threshold, the number of Incentive Units subject to this Award, the number of ***Time-Vesting
Incentive Units*** and Performance-Vesting Incentive Units underlying this Award (each as defined
in Exhibit A) and the date of grant of this Award (the “Grant Date”) are as set forth in Exhibit A
to this Award Agreement.
Z LP Incentive Unit Plan
The LP hereby grants to the Participant an Award (the “Award”) of Incentive Units (the
“Incentive Units”) on the terms and conditions as set forth in this Award Agreement and in the
LP’s Incentive Unit Plan (the “Plan”).
In accordance with this Award, and as a condition thereto, the LP and the Participant
agree as follows:
. Per Incentive Unit Threshold; Number of Incentive Units; Date of Grant. The Unit
Threshold, the number of Incentive Units subject to this Award, the number of ***Time-Vesting
Incentive Units*** and Performance-Vesting Incentive Units underlying this Award (each as defined
in Exhibit A) and the date of grant of this Award (the “Grant Date”) are as set forth in Exhibit A
to this Award Agreement.
Proposed translations
(German)
| 3 +1 | Anreizeinheiten/Incentive-Einheiten mit zeitabhängiger Unverfallbarkeit |
B&B FinTrans
|
Proposed translations
+1
11 hrs
Selected
Anreizeinheiten/Incentive-Einheiten mit zeitabhängiger Unverfallbarkeit
Nach Zuteilung werden z. B. beschränkte Aktienerwerbsrechte gemäß eines bestimmten Zeitplans – dem Unverfallbarkeitsplan – unverfallbar und z. B. in Aktien des Unternehmens umgewandelt. Dies erfolgt entweder zeitabhängig/zeitbasiert (Ableistung einer bestimmten Dienstzeit) oder leistungsabhängig/leistungsbasiert (auf Grundlage bestimmter Leistungsindikatoren).
Da IFRS 2 (Anteilsbasierte Vergütung) von „Dienstbedingungen“ spricht, wäre als weitere Alternative auch „dienstbedingte Unverfallbarkeit“ denkbar.
Da IFRS 2 (Anteilsbasierte Vergütung) von „Dienstbedingungen“ spricht, wäre als weitere Alternative auch „dienstbedingte Unverfallbarkeit“ denkbar.
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