Common use of RSU Award Clause in Contracts

RSU Award. An RSU Award shall be similar in nature to a Restricted Stock Award except that no shares of Stock are actually transferred to the Holder until a later date specified in the applicable Award Agreement. Each RSU shall have a value equal to the Fair Market Value of a share of Stock.

Appears in 14 contracts

Samples: Award Agreement (Supermedia Inc.), Independence Contract (Independence Contract Drilling, Inc.), Rex Energy Corp

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RSU Award. An RSU Award shall be similar in nature to a Restricted Stock Share Award except that no shares of Stock Shares are actually issued or transferred to the Holder until a later date specified in the applicable Award Agreement. Each RSU shall have a value equal to the Fair Market Value of a share of StockShare.

Appears in 4 contracts

Samples: Energy Hunter Resources, Inc., Weatherford International LTD, Weatherford International LTD

RSU Award. An RSU Award shall be similar in nature to a Restricted Stock Award except that no shares of Stock Shares are actually transferred to the Holder until a later date specified in the applicable Award Agreement. Each RSU shall have a value equal to the Fair Market Value of a share of StockShare.

Appears in 3 contracts

Samples: Newfield Exploration Co /De/, Newfield Exploration Co /De/, Newfield Exploration Co /De/

RSU Award. An RSU Award shall be similar in nature to a Restricted Stock Award except that no shares of Stock are actually transferred to the Holder until a later date specified in the applicable Award Agreement. Each RSU shall have a value equal to the Fair Market Value of a share of Stock.. [ 2.4.1 ] [2007 Long Term Incentive Plan.pdf] [Page 19 of 29]

Appears in 1 contract

Samples: Rackspace Inc

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RSU Award. An RSU Award shall be similar in nature to a Restricted Stock Award except that no shares Shares of Stock stock are actually transferred to the Holder Participant until a later date as specified in the applicable Award Agreement. Each RSU shall have a value equal to the Fair Market Value of a share the Shares of Stockstock.

Appears in 1 contract

Samples: Ballantyne Strong, Inc.

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