Grants of RSUs Sample Clauses

Grants of RSUs. Subject to and upon the terms, conditions and restrictions set forth in this Agreement and in the Plan, pursuant to authorization under a resolution of the Committee or the Board, as applicable, that was duly adopted on , 20 , the Company has granted to the Grantee (a) as of , 20 (the “First Date of Grant”) Restricted Share Units (such grant, the “Initial RSUs”), and (b) as of , 20 (the “Second Date of Grant”) Restricted Share Units (such grant, the “Secondary RSUs” and, together with the Initial RSUs, the “RSUs”). Each RSU shall represent the right of the Grantee to receive one Common Share subject to and upon the terms and conditions of this Agreement.
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Grants of RSUs. Each year during the Initial Term, at such time as grants are made under the Company’s 2005 Long Term Incentive Compensation Plan ("Plan") and any subsequently adopted long-term incentive compensation plan, Executive shall be entitled to receive a grant of dollar-denominated restricted stock units ("RSUs"), in such amount as determined annually by the Committee, which confer to Executive a contingent right to receive an award of a number of shares of restricted common stock in the Company ("Restricted Stock") at the expiration of a three (3) year performance period established by the Committee. The number of shares of Restricted Stock awarded under each such grant will be based on and subject to the Company meeting applicable performance standards as provided under the agreements or resolutions governing the RSUs. The shares of Restricted Stock which may be awarded to Executive as a result of granted RSUs will initially be unvested and will vest on an annual basis over a period five (5) years subject to Executive's continuing and uninterrupted employment with the Company in accordance with the Plan. In all respects, the Plan and the agreements providing for the grant of RSUs shall control the amount, manner, vesting and all other matters regarding the RSUs. For the year 2008, Executive shall receive a grant of dollar-denominated RSU's of $336,000 under the Company's Plan, inclusive of the grant previously made to Executive prior to the Execution Date for the year 2008.
Sample 1
Grants of RSUs. Subject to regulatory approval if required, Feltheimer shall be granted the following awards of restricted stock units with respect to common shares of Lions Gate (the “RSU Grants”): ◦ on or about the Effective Date, an RSU Grant with respect to 200,000 common shares of Lions Gate; ◦ if the per-share exercise price of the First January 2014 Option is greater than $26.55, effective as of the first trading day in January 2014 (and subject to Feltheimer’s continued employment with Lions Gate through such date and the applicable share limits of Lions Gate’s stock incentive plan), an RSU Grant with respect to a number of common shares of Lions Gate equal to (i) the product obtained by multiplying 250,000 by the amount by which the per-share exercise price of the First January 2014 Option exceeds $26.55, divided by (ii) the closing price of a Lions Gate common share on the grant date of the RSU Grant; and ◦ if the per-share exercise price of the Second January 2014 Option is greater than $30.00, effective as of the first trading day in January 2014 (and subject to Feltheimer’s continued employment with Lions Gate through such date and the applicable share limits of Lions Gate’s stock incentive plan), an RSU Grant with respect to a number of common shares of Lions Gate equal to (i) the product obtained by multiplying 1,000,000 by the amount by which the per-share exercise price of the Second January 2014 Option exceeds $30.00, divided by (ii) the closing price of a Lions Gate common share on the grant date of the RSU Grant. Each RSU Grant shall be evidenced by and subject to the terms of a restricted stock unit agreement in the form generally then used by Lions Gate to evidence grants of restricted stock units under Lions Gate’s stock incentive plan.
Sample 1

Related to Grants of RSUs

  • Grants of Rights 10.1 The Consultant agree that the results and proceeds of the Services under this Agreement, although not created in an employment relationship, shall, for the purpose of copyright only, be deemed a work made in the course of employment under Canadian law or a work-made-for-hire under United States law and all other comparable international intellectual property laws and conventions. All work and materials, including all intellectual property, and any other rights, including without limitation copyright, all rental and lending rights thereto, which the Consultant may have in and to the results and proceeds of the Services, shall vest irrevocably and exclusively with the Company, and are otherwise hereby assigned to the Company as and when created. The Consultant hereby waive in favor of the Company any moral rights which it may have, if any, in and to any works, materials, or services which it may provide or create under this Agreement.

  • Vesting of RSUs (a) Subject to Participant’s continued employment with or service to a Company Group Member on each applicable vesting date and subject to the terms of this Agreement, including, without limitation, Section 2.2(d), the RSUs shall vest in such amounts and at such times as are set forth in the Grant Notice.

  • Grant of RSUs The Company hereby grants to the Grantee the Award of RSUs, as set forth in the Award letter. An RSU is the right, subject to the terms and conditions of the Plan and this Agreement, to receive a distribution of a share of Common Stock for each RSU as described in Section 6 of this Agreement.

  • Payment of RSUs The RSUs will become payable if the Restriction Period lapses and Grantee’s right to receive payment for the RSUs becomes nonforfeitable (“Vest,” “Vesting” or “Vested”) in accordance with Section 3 and Section 4 of this Agreement.

  • Settlement of RSUs Delivery of Shares or other amounts under this Award Agreement and the Plan shall be subject to the following:

  • Stock Units As used herein, the term “Stock Unit” shall mean a non-voting unit of measurement which is deemed for bookkeeping purposes to be equivalent to one outstanding share of the Company’s Common Stock (“Share”) solely for purposes of the Plan and this Award Agreement. The Stock Units shall be used solely as a device for the determination of the payment to eventually be made to the Participant if such Stock Units vest pursuant to this Award Agreement. The Stock Units shall not be treated as property or as a trust fund of any kind.

  • Award of RSUs (a) In consideration of Participant’s continued employment with or service to a Participating Company and for other good and valuable consideration, effective as of the grant date set forth in the Grant Notice (the “Grant Date”), the Company has granted to Participant the number of RSUs set forth in the Grant Notice, upon the terms and conditions set forth in the Grant Notice, the Plan and this Agreement, subject to adjustment as provided in Section 12.2 of the Plan. Each RSU represents the right to receive one Share at the times and subject to the conditions set forth herein. However, unless and until the RSUs have vested, Participant will have no right to the payment of any Shares subject thereto. Prior to the actual delivery of any Shares, the RSUs will represent an unsecured obligation of the Company.

  • Grant of Stock Units Pursuant to the terms and conditions set forth in this Stock Award Agreement (including Section 1 above) and the Plan, the Administrator hereby grants to the Awardee named in Section 1, on the Grant Date set forth in Section 1, the number of Stock Units set forth in Section 1.

  • Vesting of Restricted Stock Units The restrictions and conditions of Section 1 of this Agreement shall lapse on the Vesting Date or Dates specified in the following schedule so long as the Grantee remains in a Business Relationship (as defined in Section 3 below) on such Dates. If a series of Vesting Dates is specified, then the restrictions and conditions in Section 1 shall lapse only with respect to the number of Restricted Stock Units specified as vested on such date. Incremental Number of Restricted Stock Units Vested Vesting Date _____________ (___%) ____________ _____________ (___%) ____________ _____________ (___%) ____________ The Administrator may at any time accelerate the vesting schedule specified in this Section 2.

  • Grant of Deferred Stock Units Effective as of the Grant Date, the Company hereby grants to the Executive Deferred Stock Units. In accepting the award of Deferred Stock Units granted in this Agreement the Executive accepts and agrees to be bound by all the terms and conditions of the Plan and this Agreement. The Company shall cause to be delivered to the Executive in electronic or certificated form any shares of the Common Stock that are to be issued under the terms of this Agreement in exchange for Deferred Stock Units awarded hereby, and such shares of the Common Stock shall be transferable by the Executive as provided herein (except to the extent that any proposed transfer would, in the opinion of counsel satisfactory to the Company, constitute a violation of applicable securities law).

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