Initial PRSU Sample Clauses

Initial PRSU. Upon the Grant Date, the Company will grant you a performance-based restricted stock unit to acquire such number of shares of the Company’s common stock equal to Nine Million Dollars ($9,000,000) divided by the average daily closing price of the Company’s common stock on the New York Stock Exchange for the thirty business days ending on the day immediately prior to the Grant Date, rounded up to the nearest whole share (the “Initial PRSU”) under the Equity Plan. The Initial PRSU will be subject to the same performance metric as the 2017 performance stock units granted to other senior executives of the Company. The Initial PRSU shall have a one-year performance period ending December 31, 2017 and time-vest in equal quarterly installments over four (4) quarters with the first quarter commencing in August, 2018. Subject to Section 8 below, vesting will depend on your continued employment as CEO of the Company on the applicable time-based or performance-based vesting dates, and will be subject to the terms and conditions of the written agreement governing such grant, the Equity Plan and this Agreement.
Sample 1
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Initial PRSU. On the Grant Date, you were granted a performance-based restricted stock unit award to acquire 10,323 shares of the Company’s common stock (the “Initial PRSU”) under the Equity Plan. The Initial PRSU will be subject to the same performance metrics as the 2017 performance-based restricted stock units granted to other senior executives of the Company. The Initial PRSU shall have a one-year performance period ending December 31, 2017, and time-vest as follows: one third (1/3) of the shares that satisfy the performance metrics vesting on February 17, 2018, and the remaining two thirds (2/3) of the shares that satisfy the performance metrics vesting in equal quarterly installments over eight (8) subsequent quarters, with the first such quarter of vesting occurring on May 17, 2018. Subject to Section 8 below, vesting will depend on your continued employment as Chief Talent Officer of the Company on the applicable time-based vesting dates, and remains subject to the terms and conditions of the Equity Plan, the restricted stock unit award agreement governing the Initial PRSU, and this Agreement.
Sample 1

Related to Initial PRSU

  • C E P T A N C E This Subscription Agreement in respect of the Shares is hereby accepted by Coastal Pacific Mining Corp. DATED at ______________________________, the _____ day of __________________, 2007. Coastal Pacific Mining Corp. Per: ________________________________ Authorized Signatory THIS PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT (THE "SUBSCRIPTION AGREEMENT") RELATES TO AN OFFERING OF SECURITIES IN AN OFFSHORE TRANSACTION TO PERSONS WHO ARE NOT U.S. PERSONS (AS DEFINED HEREIN) PURSUANT TO REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"). NONE OF THE SECURITIES TO WHICH THIS SUBSCRIPTION AGREEMENT RELATES HAVE BEEN REGISTERED UNDER THE 1933 ACT, OR ANY U.S. STATE SECURITIES LAWS, AND, UNLESS SO REGISTERED, NONE MAY BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OR TO U.S. PERSONS (AS DEFINED HEREIN) EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE 1933 ACT, PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. IN ADDITION, HEDGING TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE 1933 ACT. PRIVATE PLACEMENT SUBSCRIPTION (Non U.S. Subscribers Only) TO: Coastal Pacific Mining Corp. (the "Company") 000 Xxxxx Xxxxxx N.E., Calgary, Alberta, T2E 0M3 Purchase of Shares

  • Initial Period The Initial Period will begin on the date set forth above and will terminate on the earlier of (i) the Commercial Operation Date, or (ii) the Date the Agreement is terminated pursuant to the provisions of Clause 19.

  • Initial Placement The issuance and sale by the Company of the Initial Securities to the Initial Purchasers pursuant to the Purchase Agreement.

  • A G R E E M E N T In consideration of the foregoing recitals and of the mutual covenants contained herein, the parties, intending to be legally bound, agree as follows:

  • E N D M E N T For good and valuable consideration, the receipt of which is hereby acknowledged, the parties agree to amend the Agreement as follows:

  • A M E N D M E N T For good and valuable consideration, the receipt of which is hereby acknowledged, the parties agree to amend the Agreement as follows:

  • R E E M E N T It is agreed as follows:

  • Initial Salary Placement Step Upon initial employment by the District, child Development Teachers and Family Services Leads shall be given up to 7 years of credit for prior experience in a full-time teaching position with a State or Federally funded program, where the number of days worked in any given school year were in excess of 135. Step 8 is the maximum entry level placement.

  • R E E M E N T S In consideration of the mutual promises, terms, covenants and conditions set forth herein and the performance of each, the parties hereto hereby agree as follows:

  • COSTS DISTRIBUTED THROUGH COUNTYWIDE COST ALLOCATIONS The indirect overhead and support service costs listed in Schedule A (attached) are formally approved as actual costs for the 2012-13 fiscal year and as estimated costs for the 2014-15 fiscal year on a "fixed with carry-forward" basis. These costs may be included as part of the costs of the county departments indicated effective July 1, 2014, for further allocation to federal grants and contracts performed by the respective county departments.

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