Restricted Stock Units Awards Sample Clauses

Restricted Stock Units Awards. Effective as of the Effective Time, Acquiror shall grant to certain employees (which may include Members who may or may not be employees) of the Company or its Subsidiaries who remain employed by the Company or its Subsidiaries through the Effective Time in substantially the same capacity as on the date of this Agreement and become employees of Acquiror or one of its Subsidiaries an aggregate of 4,973,382 Acquiror restricted stock units, as such may be equitably adjusted pursuant to the terms of Section 3.07, based upon an award agreement substantially in the form of Annex 6A and 6B (the "Retention RSUs"). In addition, effective as of the Effective Time, Acquiror shall grant to employees of the Company or any of its Subsidiaries who remain employed by the Company or such Subsidiary through the Effective Time and become employees of Acquiror or one of its Subsidiaries an aggregate of 2,056,495 Acquiror restricted stock units, as such may be equitably adjusted pursuant to the terms of Section 3.07, based upon an award agreement substantially in the form of Annex 7A and 7B (the "SLK RSUs"). Acquiror and the Company shall mutually agree prior to the Effective Time on which employees shall be granted SLK RSUs and the number of SLK RSUs to be granted to each such employee. The Company shall consult with Acquiror regarding which employees should be granted Retention RSUs
Sample 1
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Restricted Stock Units Awards. You were awarded restricted stock units for 100,000 shares of the Company’s common stock on April 16, 2014, and additional restricted stock units for an additional 150,000 shares of the Company’s common stock on March 9, 2015. Said Ouissal May 2015
Sample 1
Restricted Stock Units Awards. You will be granted two time-based equity awards (the “RSU Awards”) in the form of restricted stock units:
Sample 1
Restricted Stock Units Awards. Effective as of immediately prior to the Effective Time, each Company RSU held as of immediately prior to the Effective Time by any Revelyst Employee or Continuing Non-Employee Director shall be canceled and replaced with a Revelyst restricted stock unit award granted under the Revelyst Stock Plan (a “Substitute Revelyst RSU Award”). The number of Revelyst Shares subject to each such Substitute Revelyst RSU Award shall be equal to the number of Vista Outdoor Shares that remain subject to the applicable Company RSU as of immediately prior to the Effective Time multiplied by the Revelyst Conversion Ratio, rounded to the nearest whole share. Each Substitute Revelyst RSU Award shall have substantially the same terms and conditions (including vesting schedule) as the corresponding Company RSU to which it relates, except as provided herein, and shall continue to vest based solely on continued service with the Revelyst Group.
Sample 1
Restricted Stock Units Awards. Effective as of the Effective Time, Acquiror shall grant to certain employees (which may include Members who may or may not be employees) of the Company or its Subsidiaries who remain employed by the Company or its Subsidiaries through the Effective Time in substantially the same capacity as on the date of this Agreement and become employees of Acquiror or one of its Subsidiaries an aggregate of 5,467,682 Acquiror restricted stock units, as such may be equitably adjusted pursuant to the terms of Section 3.07, having the terms set forth in Annex 6 (the "Retention RSUs"). In addition, effective as of the Effective Time, Acquiror shall grant to employees of the Company or any of its Subsidiaries who remain employed by the Company or such Subsidiary through the Effective Time and become employees of Acquiror or one of its Subsidiaries an aggregate of 1,562,195 Acquiror restricted stock units, as such may be equitably adjusted pursuant to the terms of Section 3.07, having the terms set forth in Annex 7 (txx -00- 00 "XXX XXXx"). Xxquiror and the Company shall mutually agree prior to the Effective Time on which employees shall be granted SLK RSUs and the number of SLK RSUs to be granted to each such employee. The Company shall consult with Acquiror regarding which employees should be granted Retention RSUs and the number of Retention RSUs that should be granted to each such employee, and after such consultation the Company shall determine, with Acquiror's written consent (which shall not be unreasonably withheld), which employees shall receive the Retention RSUs and how many Retention RSUs are allocated to each such employee. Moreover, Acquiror shall have no obligation to issue Retention RSUs or SLK RSUs to any employee who has not executed and delivered to Acquiror an agreement in form and substance approved by Acquiror imposing on such employee confidentiality, noncompetition and nonsolicitation obligations comparable to those contained in Annex 3. The issuance and delivery of Retention RSUs and SLK RSUs shall be conditioned upon the recipient's executing and delivering to Acquiror a custody agreement in the form customarily used by Acquiror for recipients of restricted stock units. All Retention RSUs and SLK RSUs shall be granted pursuant to the Acquiror 1999 Stock Incentive Plan. All material communications by the Company in respect of the grant of Retention RSUs and SLK RSUs shall be approved in advance by Acquiror.
Sample 1

Related to Restricted Stock Units Awards

  • Restricted Stock Units Subject to the terms and conditions provided in this Agreement and the Plan, the Company hereby grants to the Grantee restricted stock units (the “Restricted Stock Units”) as of the Grant Date. Each Restricted Stock Unit represents the right to receive a Share of Common Stock if the Restricted Stock Unit becomes vested and non-forfeitable in accordance with Section 2 or Section 3 of this Agreement. The Grantee shall have no rights as a stockholder of the Company, no dividend rights and no voting rights with respect to the Restricted Stock Units or the Shares underlying the Restricted Stock Units unless and until the Restricted Stock Units become vested and non-forfeitable and such Shares are delivered to the Grantee in accordance with Section 4 of this Agreement. The Grantee is required to pay no cash consideration for the grant of the Restricted Stock Units. The Grantee acknowledges and agrees that (i) the Restricted Stock Units and related rights are nontransferable as provided in Section 5 of this Agreement, (ii) the Restricted Stock Units are subject to forfeiture in the event the Grantee’s Continuous Status as an Employee or Consultant or Non-Employee Director terminates in certain circumstances, as specified in Section 6 of this Agreement, (iii) sales of Shares of Common Stock delivered in settlement of the Restricted Stock Units will be subject to the Company’s policies regulating trading by Employees and Consultants, including any applicable “blackout” or other designated periods in which sales of Shares are not permitted, (iv) Shares delivered in settlement will be subject to any recoupment or “clawback” policy of the Company, regardless of whether such recoupment or “clawback” policy is applied with prospective or retroactive effect, and (v) any entitlement to dividend equivalents will be in accordance with Section 7 of this Agreement. The extent to which the Grantee’s rights and interest in the Restricted Stock Units becomes vested and non-forfeitable shall be determined in accordance with the provisions of Sections 2 and 3 of this Agreement.

  • Restricted Stock Unit Award Subject to the terms and conditions of the Plan and this Award Agreement, the Company hereby grants to the Participant the number of Restricted Stock Units indicated in the Notice of Grant (the “RSUs”). Each RSU represents one notional Share.

  • Restricted Stock Awards Each Restricted Stock Award shall be evidenced by a Restricted Stock Award Agreement, which shall comply with and be subject to the following terms and conditions:

  • Restricted Stock Award Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants to the Participant _____ Shares (the “Restricted Shares”), which shall vest and become nonforfeitable in accordance with Section 3 hereof.

  • Restricted Stock Shares of restricted stock granted to the Executive by the Company which have not become vested as of the date of termination of the Executive’s employment, as provided in Section 7(b), shall immediately become vested on a pro rata basis upon the Release becoming irrevocable. The number of such additional shares of restricted stock that shall become vested as of the date of the Executive’s termination of employment shall be that number of additional shares that would have become vested through the date of such termination of employment at the rate(s) determined under the vesting schedule applicable to such shares had such vesting schedule provided for the accrual of vesting on a daily basis (based on a 365-day year). The pro rata amount of shares vesting through the date of non-renewal shall be calculated by multiplying the number of unvested shares scheduled to vest in each respective vesting year by the ratio of the number of days from the date of grant through the date of non-renewal, and the number of days from the date of grant through the original vesting date of the respective vesting tranche. Any shares of restricted stock remaining unvested after such pro rata acceleration of vesting shall automatically be reacquired by the Company in accordance with the provisions of the applicable restricted stock agreement, and the Executive shall have no further rights in such unvested portion of the restricted stock. In addition, the Company shall waive any reacquisition or repayment rights for dividends paid on restricted stock prior to Executive’s termination of employment.

  • Award of Restricted Stock Units The Company, effective as of the date of this Agreement, hereby grants to Participant an award of Restricted Stock Units, each Restricted Stock Unit representing the right to receive one share of Common Stock on such date as set forth herein, plus an additional amount pursuant to Section 2(b) hereof, subject to the terms and conditions set forth in this Agreement.

  • 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.

  • Restricted Stock Grant As a member of Employer’s senior management team, Employee will be eligible for annual Restricted Stock Grants pursuant to Anaren’s 2004 Comprehensive Long Term Incentive Plan, as amended (“2004 Plan”) equal in value to 16% of his Base Salary for the respective year. Restrictive Stock Grants will be made annually at the same time other Restricted Stock Grants are made by Anaren to its senior management team, provided Employee is employed with Employer on that date. All Restricted Stock grants issued pursuant to this provision will be subject to the terms of the 2004 Plan, including, but not limited to, a thirty-six (36) month forfeiture provision. Notwithstanding anything to the contrary, in the event Employee employment concludes on or after the expiration of the Period of Employment, Employee shall be entitled if the forfeiture period has not otherwise lapsed only to a pro rata portion of each unvested Restricted Stock Grant based on the number of months employed by Employer from the date of grant to the expiration of the Period of Employment date. In the way of example, if Employee has been employed for 18 months of the 36 month forfeiture period at the end of his Period of Employment, he will receive 50% of the Restricted Shares granted. If Employee remains employed by Employer on a full time basis (30 hours or more per week) after the Period of Employment as an at-will Employee, all previously issued restricted stock shall continue to vest in accordance with the terms of the 2004 Plan.

  • Settlement of Restricted Stock Units 6.1 Subject to Section 9 hereof, promptly following the vesting date, and in any event no later than March 15 of the calendar year following the calendar year in which such vesting occurs, the Company shall (a) issue and deliver to the Grantee the number of shares of Common Stock equal to the number of Vested Units; and (b) enter the Grantee’s name on the books of the Company as the shareholder of record with respect to the shares of Common Stock delivered to the Grantee.

  • Restricted Share Units Restricted Share Units means Restricted Share Units granted to Participant under the Plan subject to such terms and conditions as the Committee may determine at the time of issuance.

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