Common use of Award of RSUs Clause in Contracts

Award of RSUs. The Company has granted the RSUs to Participant effective as of the Grant Date set forth in the Grant Notice (the “Grant Date”). Each RSU represents the right to receive one Share as set forth in this Agreement. Participant will have no right to the distribution of any Shares until the time (if ever) the RSUs have vested.

Appears in 3 contracts

Samples: Employment Agreement (Beauty Health Co), Employment Agreement (Virgin Galactic Holdings, Inc), Employment Agreement (Beauty Health Co)

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Award of RSUs. The Company has granted the RSUs to Participant effective as of the Grant Date grant date set forth in the Grant Notice (the “Grant Date”). Each RSU represents the right to receive one Share as set forth in this Agreement. Participant will have no right to the distribution of any Shares or payment of any cash until the time (if ever) the RSUs have vested.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Janus International Group, Inc.), Restricted Stock Unit Agreement (Janus International Group, Inc.)

Award of RSUs. The Company has granted the RSUs to Participant effective as of the Grant Date grant date set forth in the Grant Notice (the “Grant Date”). Each RSU represents the right to receive one Share or, at the option of the Company, an amount of cash, in either case, as set forth in this Agreement. Participant will have no right to the distribution of any Shares or payment of any cash until the time (if ever) the RSUs have vested.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (F-Star Therapeutics, Inc.)

Award of RSUs. The Company has granted the RSUs to Participant effective Effective as of the Grant Date set forth in Date, the Grant Notice Company hereby grants to Participant an award of _____ RSUs (the “Grant DateAward). Each RSU represents ) upon and subject to the right to receive one Share as terms and conditions set forth in this Agreement. Each RSU that vests shall represent the right to receive payment, in accordance with this Agreement, of one Ordinary Share (each, a “Share”). Unless and until an RSU vests, the Participant will have no right to the distribution payment in respect of any Shares until such RSU, nor any right to the time (if ever) the RSUs have vestedunderlying Shares.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Kennedy-Wilson Holdings, Inc.)

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Award of RSUs. The Company has granted the RSUs to Participant effective as of the Grant Date set forth in the Grant Notice (the “Grant Date”). Each RSU represents the right to receive one Share as set forth in this Agreement. Participant will have no right to the distribution of any Shares until the time (if ever) the RSUs have vested.. 1.2

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Bird Global, Inc.)

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