Common use of RSUs Clause in Contracts

RSUs. Each RSU that vests on an applicable Vesting Date shall represent the right to receive payment, in accordance with Section 6 below, of one share of Stock. Unless and until an RSU vests, the Executive will have no right to payment in respect of any such RSU. Prior to actual payment in respect of any vested RSU, such RSU will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Rentech Inc /Co/), Performance Share Award Agreement (Rentech Inc /Co/), Employment Agreement (Rentech Inc /Co/)

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RSUs. Each RSU that vests on an applicable Vesting Date shall represent the right to receive payment, in accordance with Section 6 below, of one share of Stock. Unless and until an RSU vests, the Executive Participant will have no right to payment in respect of any such RSU. Prior to actual payment in respect of any vested RSU, such RSU will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Kilroy Realty, L.P.), Restricted Stock Unit Agreement (Kilroy Realty, L.P.), Restricted Stock Unit Agreement (Kilroy Realty, L.P.)

RSUs. Each RSU that vests Fully Vests on an applicable Vesting Date shall represent the right to receive payment, in accordance with Section 6 below, of one share of StockShare. Unless and until an RSU vestsFully Vests, the Executive Participant will have no right to payment in respect of any such RSU. Prior to actual payment in respect of any vested Fully Vested RSU, such RSU will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Parkway Properties Inc), Restricted Stock Unit Agreement (Parkway Properties Inc)

RSUs. Each RSU that vests on an applicable Vesting Date shall represent the right to receive payment, in accordance with Section 6 below, of one share of Stock. Unless and until an RSU vests, the Executive Participant will have no right to payment in respect of any such RSURSU (other than with respect to any Dividend Equivalent rights). Prior to actual payment in respect of any vested RSU, such RSU will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Kilroy Realty, L.P.), Restricted Stock Unit Agreement (Kilroy Realty, L.P.)

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RSUs. Each RSU that vests Fully Vests on an applicable Vesting Date shall represent the right to receive payment, in accordance with Section 6 below6, of one share of StockShare. Unless and until an RSU vestsFully Vests, the Executive Participant will have no right to payment in respect of any such RSU. Prior to actual payment in respect of any vested Fully Vested RSU, such RSU will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company. 3.

Appears in 1 contract

Samples: Plan Restricted Stock Unit Agreement (Parkway, Inc.)

RSUs. Each RSU that vests on an applicable Vesting Date shall represent the right to receive payment, in accordance with Section 6 5 below, of one share of Stock. Unless and until an RSU vests, the Executive Participant will have no right to payment in respect of any such RSU. Prior to actual payment in respect of any vested RSU, such RSU will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.

Appears in 1 contract

Samples: Performance Vesting Restricted Stock Unit Agreement (Rentech Inc /Co/)

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