Common use of NOTICE OF RESTRICTED STOCK UNIT GRANT Clause in Contracts

NOTICE OF RESTRICTED STOCK UNIT GRANT. Cyan, Inc. (the “Company”) has granted the individual (“Participant”) named above an Award of Restricted Stock Units, subject to the terms and conditions of the Plan and this U.S. Restricted Stock Unit Award Agreement, including the Terms and Conditions of Restricted Stock Unit Grant attached hereto as Exhibit A (collectively, the “Award Agreement”), as follows: Grant Number: Date of Grant: First Vesting Date: Number of Restricted Stock Units: Vesting Schedule: [INSERT VESTING SCHEDULE] The vesting of the Restricted Stock Units in accordance with the schedule set forth above is subject to Participant continuing to be a Service Provider for the Company or a Parent or Subsidiary of the Company through each vesting date. In the event that Participant ceases to be a Service Provider for the Company or a Parent or Subsidiary of the Company, any unvested Restricted Stock Units will terminate immediately. For purposes of the Restricted Stock Units, unless Participant is on a leave of absence approved by the Company as set forth in Section 11 of the Plan, Participant’s status as a Service Provider will be considered terminated as of the date that Participant is no longer actively providing services for the Company or a Parent of Subsidiary of the Company (regardless of the reason for such termination and whether or not later found to be invalid or in breach of employment laws in the jurisdiction where Participant is providing services or the terms of Participant’s employment or service agreement, if any) and, unless otherwise expressly provided in the Award Agreement or otherwise determined by the Company, Participant’s right to vest in the Restricted Stock Units under the Plan, if any, will terminate as of such date and will not be extended by any notice or severance period. By Participant’s signature and the signature of the Company’s representative below, Participant and the Company agree that this Award of Restricted Stock Units is granted under and governed by the terms and conditions of the Plan and the Award Agreement, including the Terms and Conditions of Restricted Stock Unit Grant attached hereto as Exhibit A, all of which are made a part of this document. Participant acknowledges that he or she has reviewed the Plan and the Award Agreement, has had an opportunity to obtain the advice of counsel prior to executing this Notice of Restricted Stock Unit Grant and fully understands all provisions of the Plan and the Award Agreement. Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan or the Award Agreement. Participant further agrees to notify the Company upon any change in the residence address indicated below. PARTICIPANT: CYAN, INC. Signature By Print Name Title Residence Address: Cyan, Inc. 2013 EIP

Appears in 1 contract

Sources: u.s. Restricted Stock Unit Award Agreement (Cyan Inc)

NOTICE OF RESTRICTED STOCK UNIT GRANT. CyanUnless otherwise defined herein, the terms defined in the Pacific Biosciences of California, Inc. 2020 Equity Incentive Plan (the “CompanyPlan”) will have the same defined meanings in this Global Restricted Stock Unit Agreement which includes the Notice of Restricted Stock Unit Grant (the “Notice of Grant”), the Terms and Conditions of Restricted Stock Unit Grant, attached hereto as Exhibit A, the Country Addendum attached hereto as Exhibit B, and all other exhibits, appendices, and addenda attached hereto (the “Award Agreement”). The undersigned Participant has been granted the individual (“Participant”) named above an Award of Restricted Stock Units, subject to the terms and conditions of the Plan and this U.S. Restricted Stock Unit Award Agreement, including the Terms and Conditions of Restricted Stock Unit Grant attached hereto as Exhibit A (collectively, the “Award Agreement”), as follows: Type of Grant: Restricted Stock Units Grant NumberID: ###GrantID### Date of Grant: First ###GrantDate### Vesting Commencement Date: ###GrantDate### Total Number of Restricted Stock Units: ###AwardsGranted### Vesting Schedule: [INSERT VESTING SCHEDULE] The vesting Subject to any acceleration provisions contained in the Plan or this Award Agreement or any other written agreement between Participant and the Company or any applicable Subsidiary of the Company governing the terms of this Award, the Restricted Stock Units (the “RSUs”) will be scheduled to vest in accordance with the schedule set forth above is following schedule: [Twenty-five percent (25%) of the Total Number of Restricted Stock Units will be scheduled to vest on each of the one (1), two (2), three (3) and four (4) year anniversaries of the Vesting Commencement Date, subject to Participant continuing to be a Service Provider for the Company or a Parent or Subsidiary through such applicable vesting dates.] [Fifty percent (50%) of the Company through Total Number of Restricted Stock Units will be scheduled to vest on each vesting date. In of the event that one (1) and two (2) year anniversaries of the Vesting Commencement Date, subject to Participant ceases continuing to be a Service Provider for the Company or a Parent or Subsidiary of the Company, any unvested Restricted Stock Units will terminate immediately. For purposes of the Restricted Stock Units, unless Participant is on a leave of absence approved by the Company as set forth in Section 11 of the Plan, Participant’s status as a Service Provider will be considered terminated as of the date that Participant is no longer actively providing services for the Company or a Parent of Subsidiary of the Company (regardless of the reason for through such termination and whether or not later found to be invalid or in breach of employment laws in the jurisdiction where Participant is providing services or the terms of Participant’s employment or service agreement, if any) and, unless otherwise expressly provided in the Award Agreement or otherwise determined by the Company, Participant’s right to vest in the Restricted Stock Units under the Plan, if any, will terminate as of such date and will not be extended by any notice or severance period. applicable vesting dates.] By Participant’s signature and the signature of the representative of Pacific Biosciences of California, Inc. (the “Company’s representative ”) below, Participant and the Company agree that this Award of Restricted Stock Units is granted under and governed by the terms and conditions of the Plan and the this Award Agreement, including the Terms and Conditions of Restricted Stock Unit Grant Grant, attached hereto as Exhibit A, the Country Addendum attached hereto as Exhibit B, and all other exhibits, appendices and addenda attached hereto, all of which are made a part of this document. Participant acknowledges that he or she receipt of a copy of the Plan. Participant has reviewed the Plan and the this Award AgreementAgreement in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Notice of Restricted Stock Unit Grant Award Agreement and fully understands all provisions of the Plan and the this Award Agreement. Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan or the and Award Agreement. Participant further agrees to notify the Company upon any change in the residence address indicated below. PARTICIPANT: CYANAccepted on ###CurrentDate### ###ParticipantName###, residing at ###ParticipantAddress### PACIFIC BIOSCIENCES OF CALIFORNIA, INC. Signature By Print Name Title Residence Address▇▇▇▇ ▇’▇▇▇▇▇ ▇▇▇▇▇ Menlo Park, CA 94025 By: Cyan, Inc. 2013 EIP/s/ ▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇

Appears in 1 contract

Sources: Global Restricted Stock Unit Agreement (Pacific Biosciences of California, Inc.)

NOTICE OF RESTRICTED STOCK UNIT GRANT. Cyan, Inc. (the “Company”) has Participant Name: #ParticipantName# You have been granted the individual (“Participant”) named above an Award of Restricted Stock Units, subject to the terms and conditions of the Plan and this U.S. Restricted Stock Unit Award Agreement, including the Terms and Conditions of Restricted Stock Unit Grant attached hereto as Exhibit A (collectively, the “Award Agreement”), as follows: Grant Number: Number #ClientGrantID# Date of Grant: First Grant #GrantDate# Vesting Date: Commencement Date #GrantDate# Number of Restricted Stock Units: Units #QuantityGranted# Vesting Schedule: [INSERT VESTING SCHEDULE] The vesting of the Restricted Stock Units in accordance with the schedule set forth above is subject to Participant continuing to be a Service Provider for the Company or a Parent or Subsidiary of the Company through each vesting date. Schedule #VestingDateandQuantity# In the event that Participant ceases to be a Service Provider (or gives or is given notice of such termination) for the Company any or a Parent or Subsidiary of the Company, any unvested Restricted Stock Units will terminate immediately. For purposes of no reason before Participant vests in the Restricted Stock UnitsUnit, unless Participant is on a leave of absence approved by the Company as set forth in Section 11 of the Plan, Participant’s status as a Service Provider will be considered terminated as of the date that Participant is no longer actively providing services for the Company or a Parent of Subsidiary of the Company (regardless of the reason for such termination Restricted Stock Unit and whether or not later found to be invalid or in breach of employment laws in the jurisdiction where Participant is providing services or the terms of Participant’s employment or service agreement, if any) and, unless otherwise expressly provided in the Award Agreement or otherwise determined by the Company, Participant’s right to vest acquire any Shares hereunder, or the cash equivalent of all or some portion of such Shares, as determined by the Administrator in the Restricted Stock Units under the Plan, if anyits sole discretion, will terminate as of such date and will not be extended by any notice or severance periodimmediately terminate. By Participant’s signature acknowledgment on the Fidelity website and the signature of the representative of Shutterstock, Inc. (the “Company’s representative ”) below, Participant and the Company agree that this Award of Restricted Stock Units is granted under and governed by the terms and conditions of the Plan and the this Award Agreement, including the Terms and Conditions of Restricted Stock Unit Grant (and any country-specific addendum thereto), attached hereto as Exhibit A, all of which are made a part of this document. Participant acknowledges that he or she has reviewed the Plan and the this Award AgreementAgreement in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Notice of Restricted Stock Unit Grant Award Agreement and fully understands all provisions of the Plan and the Award Agreement. Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan or the and Award Agreement. Participant further agrees to notify the Company upon any change in the Participant’s residence address indicated belowaddress. PARTICIPANT: CYANSHUTTERSTOCK, INC. Signature By Print Name Title Residence Address: Cyan, Inc. 2013 EIP▇▇▇▇ PavlovskyChief Executive Officer

Appears in 1 contract

Sources: Restricted Stock Unit Award Agreement (Shutterstock, Inc.)

NOTICE OF RESTRICTED STOCK UNIT GRANT. Cyan, Inc. (the “Company”) has granted the individual (“Participant”) named above an Award of Restricted Stock Units, subject to the terms and conditions of the Plan and this Non-U.S. Restricted Stock Unit Award Agreement, including the Terms and Conditions of Restricted Stock Unit Grant attached hereto as Exhibit A and the Country Addendum attached hereto as Exhibit B (collectively, the “Award Agreement”), as follows: Grant Number: Date of Grant: First Vesting Date: Number of Restricted Stock Units: Vesting Schedule: [INSERT VESTING SCHEDULE] The vesting of the Restricted Stock Units in accordance with the schedule set forth above is subject to Participant continuing to be a Service Provider for the Company or a Parent or Subsidiary of the Company through each vesting date. In the event that Participant ceases to be a Service Provider for the Company or a Parent or Subsidiary of the Company, any unvested Restricted Stock Units will terminate immediately. For purposes of the Restricted Stock Units, unless Participant is on a leave of absence approved by the Company as set forth in Section 11 of the Plan, Participant’s status as a Service Provider will be considered terminated as of the date that Participant is no longer actively providing services for the Company or a Parent of Subsidiary of the Company (regardless of the reason for such termination and whether or not later found to be invalid or in breach of employment laws in the jurisdiction where Participant is providing services or the terms of Participant’s employment or service agreement, if any) and, unless otherwise expressly provided in the Award Agreement or otherwise determined by the Company, Participant’s right to vest in the Restricted Stock Units under the Plan, if any, will terminate as of such date and will not be extended by any notice period (e.g., Participant’s period of service would not include any contractual notice period or severance periodany period of “garden leave” or similar period mandated under employment laws in the jurisdiction where Participant is providing services or the terms of Participant’s employment or service agreement, if any). By Participant’s signature and the signature of the Company’s representative below, Participant and the Company agree that this Award of Restricted Stock Units is granted under and governed by the terms and conditions of the Plan and the Award Agreement, including the Terms and Conditions of Restricted Stock Unit Grant attached hereto as Exhibit AA and the Country Addendum attached hereto as Exhibit B, all of which are made a part of this document. Participant acknowledges that he or she has reviewed the Plan and the Award Agreement, has had an opportunity to obtain the advice of counsel prior to executing this Notice of Restricted Stock Unit Grant and fully understands all provisions of the Plan and the Award Agreement. Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan or the Award Agreement. Participant further agrees to notify the Company upon any change in the residence address indicated below. PARTICIPANT: CYAN, INC. Signature By Print Name Title Residence Address: Cyan, Inc. 2013 EIP:

Appears in 1 contract

Sources: Non u.s. Restricted Stock Unit Award Agreement (Cyan Inc)