Common use of Vested RSUs Clause in Contracts

Vested RSUs. Distribution of RSUs shall be made hereunder only in respect of vested RSUs, and shall be made in Shares on a one-for-one basis; provided, however, that in lieu of Shares, fractional vested RSUs shall be distributed to the Participant in cash based upon the Fair Market Value of a Share at the time of distribution.

Appears in 3 contracts

Samples: Restricted Share Unit Agreement (Accenture Sca), Restricted Share Unit Agreement (Accenture LTD), Restricted Share Unit Agreement (Accenture LTD)

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Vested RSUs. Distribution of RSUs shall be made hereunder only in respect of vested RSUs, and shall be made in Shares on a one-for-one basis; provided, provided however, that in lieu of Shares, fractional vested RSUs shall be distributed to the Participant in cash based upon the Fair Market Value of a Share at the time of distribution.

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Accenture PLC)

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