Unit Award. The Corporation hereby awards the Employee Units pursuant to the 2007 Viad Corp Omnibus Incentive Plan (Plan), subject to the terms, conditions, and restrictions of such Plan and as hereinafter set forth.
Unit Award. As consideration for your service as a member of the Board, the Company will award or grant to you 209,000 Incentive Units (representing approximately 0.20%, in total, of the aggregate outstanding Units of the Company on a fully-diluted basis as of the date hereof). The Incentive Units will be subject to the terms and conditions of the LLC Agreement, the Pluralsight Holdings, LLC Incentive Unit Plan dated as of May 24, 2013, as amended, modified, or supplemented from time to time, and an Incentive Unit Offer Letter between you and the Company (the “Offer Letter”). We anticipate that the strike price for your Incentive Units (as set forth in the Offer Letter) will be an amount equal to $9.42 per Incentive Unit and your applicable “Catch-up Amount” (as defined in the LLC Agreement) is $4.27 per Incentive Unit, subject to review and confirmation from our tax, legal, and accounting representatives, and subject to Board approval. Additionally, we anticipate that your units will vest over the course of three years on a quarterly basis, beginning on July 1, 2016 (all as further set forth in the Offer Letter).
Unit Award. “Unit Award” means an Award of vested Units granted under Article XI.
Unit Award. This Award is a grant of restricted stock units (“RSUs”) related to shares of PSEG Common Stock (the “Shares”) pursuant to the terms, conditions and restrictions of the Plan and hereinafter set forth. The number of RSUs awarded to You, the grant date (the “Grant Date”) and the vesting schedule (the “Vesting Schedule”) are shown on the Award Summary page of the Fidelity NetBenefits website. The distribution date shall be the date, as described below, on which Shares attributable to Your Vested Award are distributed to You (the “Distribution Date”). This Award shall not be considered granted unless and until You accept the terms of this Agreement. By so accepting the terms of this Agreement, You are memorializing that You have accepted the Award as of the Grant Date. If the Company has no record of Your acceptance of the terms of this Agreement, or any other document required by the Company in connection with this Award, the Award shall be ineffective and You shall have no rights in the Award.
Unit Award. The Corporation hereby awards the Grantee Units pursuant to the Plan and upon the terms and conditions, and subject to the restrictions, therein and hereinafter set forth. Each Unit represents the right to receive one share (a “Share”) of common stock, par value $1.00 per share of the Corporation (“Common Stock”), subject to adjustment as provided in the Plan. A copy of the Plan as currently in effect is available to the Grantee from the Corporation upon request and is incorporated herein by reference.
Unit Award. The Company hereby grants to the Employee the right to receive a total of __________ ( ) shares of _______________ Common Stock of the Company ("Common Stock") subject to the terms and conditions set forth in this Agreement and the Plan ("Award").
Unit Award. Subject to (a) and conditioned on Executive executing and delivering to the Company the Joinder Agreement to the Fifth Amended and Restated Operating Agreement of the Company (as it may be amended from time to time, including pursuant to the Merger, “LLC Agreement”), attached hereto as Exhibit A, and (b) reduction of the number of Common Units to be issued hereunder pursuant to Section 9 hereof, the Company awards and issues, effective as of immediately prior to the Effective Time (the date of such issuance, “Issuance Date”), 342,778 of the Company’s Common Units (the “Units” and as reduced in accordance with Section 9 hereof, the “Issued Units”) to Executive as a unit award. The Company will amend Schedule A to the LLC Agreement to register the Issued Units in the name of Executive as of immediately prior to the Effective Time.
Unit Award. The Committee hereby grants <<# units>> Performance Units to the Awardee on the terms and conditions set forth herein.
Unit Award. As consideration for your service as a member of the Board, the Company will award or grant to you 209,000 Incentive Units (representing approximately 0.20%, in total, of the aggregate outstanding Units of the Company on a fully-diluted basis as of the date hereof). The Incentive Units will be subject to the terms and conditions of the LLC Agreement, the Pluralsight Holdings, LLC Incentive Unit Plan dated as of May 24, 2013, as amended, modified, or supplemented from time to time, and an Incentive Unit Offer Letter between you and the Company (the “Offer Letter”). We anticipate that the strike price for your Incentive Units (as set forth in the Offer Letter) will be an amount equal to $9.42 per Incentive Unit and your applicable “Catch-up Amount” (as defined in the LLC Agreement) is $4.27 per Incentive Unit, subject to review and confirmation from our tax, legal, and accounting representatives, and subject to Board approval. Additionally, we anticipate that your units will vest over the course of three years on a quarterly basis, with first amount vesting upon execution of this Agreement and subsequent amounts vesting on July 1, 2016 and thereafter on each quarterly anniversary of July (all as further set forth in the Offer Letter).
Unit Award. The Corporation hereby awards the Grantee ______ Units pursuant to the Plan and upon the terms and conditions, and subject to the restrictions, therein and hereinafter set forth. Each Unit represents the right to receive one share (a "Share") of common stock, no par value per share of the Corporation ("Common Stock"), subject to adjustment as provided in Section 13 below. A copy of the Plan as currently in effect is available to the Grantee from the Corporation upon request and is incorporated herein by reference. If no Effective Date (as defined in Section 2) has occurred prior thereto, this Award shall expire and be of no further force or effect on the earlier of (i) the date that the Grantee has a Status Change other than by reason of death or Permanent Disability or (ii) the close of business on October 26, 2015. If this Award has expired, then no Shares or Dividend Equivalents shall be issuable hereunder.
