Common use of Award of the Restricted Stock Units Clause in Contracts

Award of the Restricted Stock Units. (a) The Company hereby grants to the Participant [ ] restricted stock units (“Restricted Stock Units”), representing the right to receive an equal number of shares of common stock of the Company (the “Shares”), upon the lapse of forfeiture restrictions (“vesting”) of some or all of such Restricted Stock Units, subject to the terms and conditions set forth in this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Asensus Surgical, Inc.), Restricted Stock Unit Award Agreement (Transenterix Inc.)

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Award of the Restricted Stock Units. (a) The Company hereby grants to the Participant [ [_______] restricted stock units (“Restricted Stock Units”), representing the right to receive an equal number of shares of common stock of the Company (the “Shares”), upon the lapse of forfeiture restrictions (“vesting”) of some or all of such Restricted Stock Units, subject to the terms and conditions set forth in this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Opgen Inc)

Award of the Restricted Stock Units. (a) The Company hereby grants to the Participant [ ] 30,000 restricted stock units (“Restricted Stock Units”), representing the right to receive an equal number of shares of common stock of the Company (the “Shares”), upon the lapse of forfeiture restrictions (“vesting”) of some or all of such Restricted Stock Units, subject to the terms and conditions set forth in this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Transenterix, Inc.)

Award of the Restricted Stock Units. (a) The Company hereby grants to the Participant [ ] 20,000 performance-based restricted stock units (“Restricted Stock Units”), representing the right to receive an equal number of shares of common stock of the Company (the “Shares”), upon the lapse of forfeiture restrictions (“vesting”) of some or all of such Restricted Stock Units, subject to the terms and conditions set forth in this Agreement.

Appears in 1 contract

Samples: Award Agreement (Transenterix, Inc.)

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Award of the Restricted Stock Units. (a) The Company hereby grants to the Participant [ ] Executive 1,000,000 restricted stock units (“Restricted Stock Units”), representing the right to receive an equal number of shares of common stock of the Company (the “Shares”), upon the lapse of forfeiture restrictions (“vesting”) of some or all of such Restricted Stock Units, subject to the terms and conditions set forth in this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Transenterix Inc.)

Award of the Restricted Stock Units. (a) The Company hereby grants to the Participant [ [Number of RSUs] restricted stock units (“Restricted Stock Units”), representing the right to receive an equal number of shares of common stock of the Company (the “Shares”), upon the lapse of forfeiture restrictions (“vesting”) of some or all of such Restricted Stock Units, subject to the terms and conditions set forth in this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Transenterix Inc.)

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