Common use of Vested Units Clause in Contracts

Vested Units. Except as provided in the Restricted Stock Units Agreement and provided that the Participant’s Service has not terminated prior to the applicable date, the number of Vested Units (disregarding any resulting fractional Unit) as of any date is determined by multiplying the Total Number of Units by the “Vested Ratio” determined as of such date, as follows:

Appears in 3 contracts

Samples: Restricted Stock Units Agreement (Q2 Holdings, Inc.), Restricted Stock Units Agreement (Paylocity Holding Corp), Restricted Stock Units Agreement (LDR Holding Corp)

AutoNDA by SimpleDocs

Vested Units. Except as provided in by the Restricted Stock Units Agreement and provided that the Participant’s Service has not terminated prior to the applicable daterelevant date except as otherwise provided by the Pro Rata Vesting provision below, the number of Vested Units (disregarding any resulting fractional Unit) as of any date is determined by multiplying the Total Number of Restricted Stock Units by the “Vested Ratio” determined as of such date, date as follows:

Appears in 3 contracts

Samples: Restricted Stock Units Agreement (Jda Software Group Inc), Restricted Stock Units Agreement (Jda Software Group Inc), Restricted Stock Units Agreement (Jda Software Group Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.