Share Units Clause Samples

Share Units. Subject to the terms and conditions set forth herein, (a) As of March 1, 1999, the Company shall establish and maintain bookkeeping accounts for the Key Employee relating to the Grant under the Deferral Plan consisting of a "Cash Account" and a "Share Account." (b) As of March 1, 1999, there shall be credited to the Share Account a number of Share Units (as defined in the Deferral Plan) equal to the Grant Number. From and after the time of such credit, the Key Employee shall have the rights afforded under the Deferral Plan in respect of Share Units so credited, except that such Share Units shall be subject to vesting and forfeiture as set forth below.

Share Units. In the event that the Administrator approves an adjustment to the Restricted Share Unit Award pursuant to Section 5 of the Plan, then in such event, any and all new, substituted or additional securities to which Executive is entitled by reason of the Restricted Share Unit Award shall be immediately subject to the restrictions and the Vesting Period set forth in Sections 4(a) and (b) above with the same force and effect as the Restricted Share Unit Award subject to such restrictions immediately before such event.

Share Units. Further, neither the Ministry of Economy nor the Dubai Department of Economic Development has approved this statement nor taken steps to verify the information set out in it, and has no responsibility for it. Residents of the United Arab Emirates who have any questions regarding the contents of the Plan and the Agreement should obtain independent professional advice. UNITED KINGDOM Terms and Conditions Responsibility for Taxes. This provision supplements Section 6 of the RSU Agreement (Responsibility for Taxes): Without limitation to Section 6 of the RSU Agreement, the Grantee agrees that he or she is liable for all Tax-Related Items and hereby covenants to pay all such Tax-Related Items, as and when requested by the Company or the Service Recipient or by His Majesty’s Revenue & Customs (“HMRC”) (or any other tax authority or any other relevant authority). The Grantee also agrees to indemnify and keep indemnified the Company and the Service Recipient, as applicable, against any Tax-Related Items that they are required to pay or withhold or have paid or will pay to HMRC (or any other tax authority or any other relevant authority) on the Grantee’s behalf. Notwithstanding the foregoing, if the Grantee is a director or executive officer of the Company (within the meaning of Section 13(k) of the Exchange Act), the Grantee understands that he or she may not be able to indemnify the Company for the amount of any Tax-Related Items not collected from or paid by the Grantee, if the indemnification could be considered to be a loan. In this case, the Tax-Related Items not collected or paid may constitute a benefit to the Grantee on which additional income tax and National Insurance Contributions (“NICs”) may be payable. The Grantee understands that he or she will be responsible for reporting and paying any income tax due on this additional benefit directly to HMRC under the self-assessment regime and for paying to the Company and/or the Service Recipient (as appropriate) the amount of any NICs due on this additional benefit, which may also be recovered from the Grantee by any of the means referred to in Section 6 of the RSU Agreement.

Share Units. The Committee may grant Share Units, each of which shall represent one hypothetical Common Share, to an Employee, Non-Employee Director or Consultant upon such terms and conditions as the Committee deems appropriate. The following provisions are applicable to Share Units:

Share Units. Pursuant to the terms of your Share Unit Award Agreement dated February 28, 2006 with respect to 6,949 common shares, and the terms of the Company’s 2006 Share Incentive Plan, your share units shall terminate in accordance with their terms and you shall forfeit all rights with respect thereto on the Separation Date.

Share Units. 15 (a) Share Unit Award Agreement 15 (b) Payment for Awards 15 (c) Vesting Conditions 15 I-MAB 2024 OMNIBUS INCENTIVE PLAN

Share Units. If a Tranche does not vest pursuant to one of the subsections of Section 5 or is forfeited prior to settlement pursuant to Section 4.3 or Section 4.4, if applicable, it will not remain outstanding and does not pay out at all.

Share Units. Subject to the terms of this Agreement and the Plan, the Participant is hereby awarded Performance Units under the Plan in an amount specified and determined pursuant to Schedule 1 of this Agreement. Subject to paragraph 3 below, each Performance Unit under this Section 1(a) shall entitle the Participant to a Common Share of the Company on the Settlement Date for that Performance Unit, as provided in paragraph 4 below.

Share Units. Subject to Section 2.8, at or prior to the Closing, Seller shall cause each holder of a Share Unit which is outstanding at that time to be paid an amount in cash equal to the product of (a) the Fair Market Value (as defined in the Company’s 2014 Share Unit Plan) of the Share Unit and (b) the number of Share Units subject to the applicable award of Share Units (less applicable withholding), which amount will be paid regardless of any vesting requirement which may otherwise have applied to such Share Unit following the Closing under the original terms of the award of Share Units (any such amounts paid or withheld plus the employer portion of any payroll Taxes due with respect thereto, “Share Units Expenses”). Except as specified above, such payments shall be made subject to the terms of the Company’s 2014 Share Unit Plan and applicable award agreement.