Restricted Share Unit Award. II-VI hereby grants to the Recipient an Award of Restricted Share Units under the Plan, as specified in the applicable Employee Grant Details, subject to the terms, conditions and restrictions set forth in this Agreement (this “Award”). For the purposes of this Agreement, a “Restricted Share Unit” is the contingent right to receive the equivalent of one (1) Share, in the event the Restricted Share Unit vests and becomes payable pursuant to the terms of this Agreement. Restricted Share Units shall be payable and settled solely in II-VI Shares.
Restricted Share Unit Award. As of the Award Date, the Company hereby grants to Participant the number of Restricted Share Units as set forth in the Award Notice. Each Restricted Share Unit represents the right to receive one Share, subject to the vesting and other terms and conditions set forth in this Agreement.
Restricted Share Unit Award. In accordance with the Company’s policies relating to the granting of equity awards, the Company will grant Participant [__________] restricted share units (the “RSU Grant”) under the Company’s 2004 Equity Incentive Plan (the “Equity Plan”) to be settled in ordinary shares of the Company. Fifty percent (50%) of the RSU Grant will vest on March 1, 2010 and the remaining fifty percent (50%) of the RSU Grant will vest on March 1, 2011, subject to Section 1(c) and Participant’s continued service with the Company or its subsidiaries through each vesting date. In all other respects, the RSU Grant will be subject to the terms and conditions of the Equity Plan and a restricted share unit agreement to be executed between Participant and the Company (the “RSU Agreement”).
Restricted Share Unit Award. II-VI hereby grants to Recipient an Award of Restricted Share Units under the Plan, as specified in the applicable Summary of Award, subject to the terms, conditions and restrictions set forth in this Agreement (this “Award”). For the purposes of this Award, “Restricted Share Units” shall mean the contingent right to receive the equivalent of one (1) share of II-VI Common Stock, no par value (“II-VI Common Stock”), to the extent the Restricted Share Units vest and become payable pursuant to the terms of this Agreement. Restricted Share Units shall be payable solely in shares of II-VI Common Stock; provided, however, that Restricted Share Units may, in II-VI’s sole discretion, be settled in cash based on the Fair Market Value of II-VI Common Stock as of the third anniversary of the Grant Date.
Restricted Share Unit Award. The Company hereby grants to the --------------------------- Participant ((Rest)) Restricted Share Units pursuant to the Plan and subject to the conditions and restrictions hereinafter set forth.
Restricted Share Unit Award. The Company grants to the Participant, on the terms and conditions set forth in this Agreement, a target award (the “Award”) of 225,000 restricted share units (the “RSUs”), effective as of the date hereof. The RSUs are notional, non-voting units of measurement based on the Fair Market Value of an Ordinary Share that may entitle the Participant to receive a payment, subject to the terms hereof, in Ordinary Shares (the “Shares”).
Restricted Share Unit Award. Pursuant to action by the Board of Directors of the Company (the "Board"), the Company hereby grants to the Executive, as of the Award Date, 50,000 restricted share units (the "Share Units"). This award is in all respects made subject to the terms and conditions of the Employment Agreement. 2.
Restricted Share Unit Award. The Company hereby grants to the Participant, subject to the terms and conditions of the Plan and this Agreement, an Award of Restricted Share Units consisting of _______ Restricted Share Units. Each Restricted Share Unit represents the right to receive one share of the Company’s common stock, $1.00 par value per share (the “Common Stock”), subject to the terms and conditions set forth in this Agreement and the Plan.
Restricted Share Unit Award. Subject to the continued employment of the Participant with the Corporation until April 29, 2003, the Corporation hereby awards to the Participant as of the Award Date 50,000 restricted share units (the "Share Units"). These Share Units will remain restricted until April 29, 2003. While the restrictions are in effect, the Share Units are not transferable by the Participant by means of sale, assignment, exchange, pledge, or otherwise.
Restricted Share Unit Award. Subject to the annual approval of the Compensation Committee, and the conditions of the Onto Innovation 2020 Stock Plan, Executive may receive an annual equity grant (“RSU Grant”) as part of his Key Executive Incentive Compensation Plan. The RSU Grant is typically made in the February timeframe and is awarded as follows:
