Common use of Revenue-Based RSUs Clause in Contracts

Revenue-Based RSUs. In the event that a Change in Control occurs before [●], one hundred percent (100%) of the Revenue-Based RSUs will be deemed earned as of the date of the Change in Control. For the avoidance of doubt, in such event, the Participant will be unable to earn any additional Revenue-Based RSUs.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (ExlService Holdings, Inc.), Restricted Stock Unit Agreement (ExlService Holdings, Inc.), Restricted Stock Unit Agreement (ExlService Holdings, Inc.)

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Revenue-Based RSUs. In the event that a Change in Control occurs before [●]December 31, 2016, one hundred percent (100%) of the Revenue-Based RSUs will be deemed earned as of the date of the Change in Control. For the avoidance of doubt, in such event, the Participant will be unable to earn any additional Revenue-Based RSUs.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (ExlService Holdings, Inc.)

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